REGISTERED NUMBER: 13958552 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

BTC Property Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C P Johnson

Miss N J Howkins

REGISTERED OFFICE:

363A Acton Lane

LONDON

W3 8NR

REGISTERED NUMBER:

13958552 (England and Wales)

ACCOUNTANTS:

J & C Accountants Ltd

Wyvols Court

Basingstoke Road

Swallowfield

Reading

Berkshire

RG7 1WY

FIXED ASSETS

Tangible assets

4

285,236

284,740

CURRENT ASSETS

Debtors

5

296

444

Cash at bank

18,456

11,499

18,752

11,943

CREDITORS

Amounts falling due within one year

6

4,768

2,951

NET CURRENT ASSETS

13,984

8,992

TOTAL ASSETS LESS CURRENT LIABILITIES

299,220

293,732

CREDITORS

Amounts falling due after more than one year

7

294,250

294,250

NET ASSETS/(LIABILITIES)

4,970

(518

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

4,969

(519

)

4,970

(518

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 December 2025 and were signed on its behalf by:

Miss N J Howkins - Director

C P Johnson - Director

1.	STATUTORY INFORMATION

BTC Property Limited is a private company, limited by shares, registered in England & Wales. The company's registered number is 13958552. The business and registered office address is 363A Acton Lane, London, W3 8NR.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of consideration received or receivable, net of discounts, rebates and value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

15% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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

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 year 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

283,350

1,924

285,274

Additions

-

829

829

At 31 March 2025

283,350

2,753

286,103

DEPRECIATION

At 1 April 2024

-

534

534

Charge for year

-

333

333

At 31 March 2025

-

867

867

NET BOOK VALUE

At 31 March 2025

283,350

1,886

285,236

At 31 March 2024

283,350

1,390

284,740

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

296

444

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Taxation and social security

723

-

Other creditors

4,045

2,951

4,768

2,951

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

200,250

200,250

Other creditors

94,000

94,000

294,250

294,250

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Mortgages

200,250

200,250