Company Registration No. 14326292 (England and Wales)
BMTY Properties Ltd
Unaudited accounts
for the year ended 31 March 2025
BMTY Properties Ltd
Unaudited accounts
Contents
BMTY Properties Ltd
Company Information
for the year ended 31 March 2025
Director
Philip Snowling Parkinson
Company Number
14326292 (England and Wales)
Registered Office
23 Manor Chare Apartments
Newcastle Upon Tyne
NE1 2EQ
England
Accountants
The Accountants & Management Consultants Ltd
6 Frome Drive
Crumpsall
Manchester
M8 0GA
BMTY Properties Ltd
Statement of financial position
as at 31 March 2025
Investment property
139,589
-
Creditors: amounts falling due within one year
(139,191)
(400)
Net current liabilities
(139,191)
(400)
Net assets/(liabilities)
398
(400)
Called up share capital
100
100
Profit and loss account
298
(500)
Shareholders' funds
398
(400)
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 December 2025 and were signed on its behalf by
Philip Snowling Parkinson
Director
Company Registration No. 14326292
BMTY Properties Ltd
Notes to the Accounts
for the year ended 31 March 2025
BMTY Properties Ltd is a private company, limited by shares, registered in England and Wales, registration number 14326292. The registered office is 23 Manor Chare Apartments, Newcastle Upon Tyne, NE1 2EQ, England.
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Investment property is recorded at most recent valuation. Any surplus or deficit arising from changes in fair value is recognised in profit or loss.
Taxation for the period comprises current and deferred tax. Tax is recognised in the Consolidated Statement of Comprehensive Income, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
BMTY Properties Ltd
Notes to the Accounts
for the year ended 31 March 2025
The company's financial statements for the year ended 31 March 2025 have been prepared on a going concern basis as, after making appropriate enquiries, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.
The director does not consider the market value of investment property to be materially different from the value shown in the financial statements as at 31 March 2025.
4
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
94,500
-
Taxes and social security
70
-
Other creditors
44,621
400
Bank loans are secured by way of a fixed charge over the company's assets.
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
6
Transactions with related parties
Included within other creditors is the director's current account balance of £44,171 (2024: £150) . There are no fixed repayment terms and no interest is chargeable to the company in respect of this balance.
7
Average number of employees
During the year the average number of employees was 1 (2024: 1).