Annierose Properties Ltd 31/03/2025 iXBRL

Company registration number: 11916374

Annierose Properties Ltd

Unaudited filleted financial statements

31 March 2025

Annierose Properties Ltd

Contents

Statement of financial position

Notes to the financial statements

Annierose Properties Ltd

Statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Investment property	5	947,657		1,133,000
		_______		_______
			947,657		1,133,000

Current assets
Cash at bank and in hand		23,464		12,040
		_______		_______
		23,464		12,040
Creditors: amounts falling due
within one year	6	( 260,048)		( 418,258)
		_______		_______
Net current liabilities			( 236,584)		( 406,218)
			_______		_______
Total assets less current liabilities			711,073		726,782

Creditors: amounts falling due
after more than one year	7		( 389,357)		( 476,926)

Provisions for liabilities			( 76,938)		( 73,150)

			_______		_______
Net assets			244,778		176,706
			_______		_______

Capital and reserves
Called up share capital			2		2
Profit and loss account			244,776		176,704
			_______		_______
Shareholders funds			244,778		176,706
			_______		_______

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.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 31 December 2025 , and are signed on behalf of the board by:

Trevor Dias Claire Dias

Director Director

Company registration number: 11916374

Annierose Properties Ltd

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 40 Redwood, Westhoughton, Bolton, BL5 2RU.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Income is derived from then rental of properties and is recognised on an accruals basis.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Fixed assets are stated at cost less accumulated depreciation.

Depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useflife


Fittings fixtures and equipment	-	20 %	straight line

Investment property

Investment properties are included at fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the properties are sold.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Tangible assets

	Investment properties	Fixtures, fittings and equipment	Total
	£	£	£
Cost or valuation
At 1 April 2024	1,133,000	225	1,133,225
Disposals	( 283,000)	-	( 283,000)
Revaluation	97,657	-	97,657
	_______	_______	_______
At 31 March 2025	947,657	225	947,882
	_______	_______	_______
Depreciation
At 1 April 2024 and 31 March 2025	-	225	225
	_______	_______	_______
Carrying amount
At 31 March 2025	947,657	-	947,657
	_______	_______	_______
At 31 March 2024	1,133,000	-	1,133,000
	_______	_______	_______

Investment property

Included within the above is investment property measured at fair value as follows:

		£
	At 1 April 2024	1,133,000
	Fair value adjustments	97,657
	Disposals	( 283,000)
		_______
	At 31 March 2025	947,657
		_______

Investment properties comprises of private properties available to rent. The fair value of the investment properties has been arrived at on an open market valuation carried out by the directors as at 31 March 2025

Tangible assets held at valuation

In respect of tangible assets held at valuation, the aggregate cost, depreciation and comparable carrying amount that would have been recognised if the assets had been carried under the historical cost model are as follows:


	Freehold and leasehold properties	Total
	£	£
At 31 March 2025
Aggregate cost	639,907	639,907
Aggregate depreciation	-	-
	_______	_______
Carrying amount	639,907	639,907
	_______	_______

At 31 March 2024
Aggregate cost	840,399	840,399
Aggregate depreciation	-	-
	_______	_______
Carrying amount	840,399	840,399
	_______	_______

6. Creditors: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	3,221	-
Social security and other taxes	4,250	-
Other creditors	252,577	418,258
	_______	_______
	260,048	418,258
	_______	_______

7. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	389,357	476,926
	_______	_______

The bank loans are secured against the properties to which they relate.

8. Directors advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

2025
	Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
	£	£	£	£
Trevor Dias	( 143,589)	91,103	( 8,202)	( 60,688)
Claire Dias	( 143,589)	91,102	( 8,202)	( 60,689)
	_______	_______	_______	_______
	( 287,178)	182,205	( 16,404)	( 121,377)
	_______	_______	_______	_______

2024
	Balance brought forward	Advances /(credits) to the directors	Amounts repaid	Balance o/standing
	£	£	£	£
Trevor Dias	( 108,820)	231	( 35,000)	( 143,589)
Claire Dias	( 108,820)	231	( 35,000)	( 143,589)
	_______	_______	_______	_______
	( 217,640)	462	( 70,000)	( 287,178)
	_______	_______	_______	_______

During the year interest amounting to £19,000 has been paid to the Directors.

9. Related party transactions

Included within Other creditors is a loan of £ 130,000 (2024 - £ 130,000 ) from a close family member of the Directors. The loan is unsecured and interest of £10,000 has been paid. during the year.