| Bitburg International Limited |
| Registered number: 09623657 |
| Balance Sheet |
| as at 31 March 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
£ |
£ |
| Fixed assets |
| Tangible assets |
4 |
|
|
1,560,000 |
|
|
1,560,000 |
|
| Current assets |
| Debtors |
5 |
|
- |
|
|
11,600 |
| Investments held as current assets |
6 |
|
686,487 |
|
|
816,012 |
| Cash at bank and in hand |
|
|
32,783 |
|
|
75,470 |
|
|
|
719,270 |
|
|
903,082 |
|
| Creditors: amounts falling due within one year |
7 |
|
(10,553) |
|
|
(11,191) |
|
| Net current assets |
|
|
|
708,717 |
|
|
891,891 |
|
| Net assets |
|
|
|
2,268,717 |
|
|
2,451,891 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
2 |
|
|
2 |
| Share premium |
|
|
|
2,112,515 |
|
|
2,112,515 |
| Revaluation reserve |
8 |
|
|
(252,045) |
|
|
(144,810) |
| Profit and loss account |
|
|
|
408,245 |
|
|
484,184 |
|
| Shareholders' funds |
|
|
|
2,268,717 |
|
|
2,451,891 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Ms. Mariana Kanitz Ipkendanz |
Mr. Simon Kerr Meldrum |
| Director |
Director |
|
| Approved by the board on 16 December 2025 |
|
| Bitburg International Limited |
| Notes to the Accounts |
| for the year ended 31 March 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the rental income received or receivable. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Investment properties |
- see below |
|
|
The asset's residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. |
|
|
| 2 |
Tax on profit |
2025 |
|
2024 |
| £ |
£ |
|
|
Current year charge |
5,483 |
|
7,591 |
|
Repayment supplement |
|
- |
|
(6) |
|
|
|
|
|
|
|
5,483 |
|
7,585 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
0 |
|
0 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Tangible fixed assets |
|
|
Apartment 129 Eustace Building |
|
Apartment 54 Eustace Building |
|
Apartment 26 Eustace Building |
|
Total |
| £ |
£ |
£ |
£ |
|
Cost |
|
At 1 April 2024 |
585,000 |
|
385,000 |
|
590,000 |
|
1,560,000 |
|
At 31 March 2025 |
585,000 |
|
385,000 |
|
590,000 |
|
1,560,000 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Other debtors |
- |
|
11,600 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Investments held as current assets |
2025 |
|
2024 |
| £ |
£ |
|
Fair value |
|
Listed investments |
686,487 |
|
816,012 |
|
|
|
|
|
|
|
|
|
|
|
| 7 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Deposit held |
1,800 |
|
1,800 |
|
Corporation tax |
|
5,483 |
|
7,591 |
|
Other creditors |
3,270 |
|
1,800 |
|
|
|
|
|
|
10,553 |
|
11,191 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Fair value reserve |
2025 |
|
2024 |
| £ |
£ |
|
|
At 1 April 2024 |
(144,810) |
|
(160,000) |
|
(Loss)/gain on revaluation of listed investments |
(107,235) |
|
15,190 |
|
|
At 31 March 2025 |
(252,045) |
|
(144,810) |
|
|
|
|
|
|
|
|
|
|
| 9 |
Other information |
|
|
Bitburg International Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Suite 2a |
|
7th Floor - PF City Reach |
|
5 Greenwich View Place |
|
London |
|
E14 9NN |