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Company Registration No. 11379282 (England and Wales)
Can't Just Be Properties Limited Unaudited accounts for the year ended 31 March 2025
Can't Just Be Properties Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Can't Just Be Properties Limited Company Information for the year ended 31 March 2025
Director
Curtis Brown
Company Number
11379282 (England and Wales)
Registered Office
28 Watersheddings Way Oldham OL4 2RE England
Accountants
Taylor Evans Accountancy Swan Buildings First Floor 20 Swan Street Manchester M4 5JW
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Can't Just Be Properties Limited Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
5
139,000
210,000
Current assets
Debtors
6
917
212
Cash at bank and in hand
7,000
350
7,917
562
Creditors: amounts falling due within one year
7
(1,305)
(29,699)
Net current assets/(liabilities)
6,612
(29,137)
Total assets less current liabilities
145,612
180,863
Creditors: amounts falling due after more than one year
8
(70,365)
(130,400)
Provisions for liabilities
Deferred tax
(1,675)
(15,165)
Net assets
73,572
35,298
Capital and reserves
Called up share capital
9
1,000
1,000
Profit and loss account
72,572
34,298
Shareholders' funds
73,572
35,298
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 6 February 2026 and were signed on its behalf by
Curtis Brown Director Company Registration No. 11379282
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Can't Just Be Properties Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Can't Just Be Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 11379282. The registered office is 28 Watersheddings Way, Oldham, OL4 2RE, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
33% Straight Line
Investment property
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Can't Just Be Properties Limited Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 April 2024
1,079
At 31 March 2025
1,079
Depreciation
At 1 April 2024
1,079
At 31 March 2025
1,079
Net book value
At 31 March 2025
-
5
Investment property
2025
£
Fair value at 1 April 2024
210,000
Disposals
(62,880)
Net loss from fair value adjustments
(8,120)
At 31 March 2025
139,000
6
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
217
212
Other debtors
700
-
917
212
7
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
1,305
-
Loans from directors
-
29,699
1,305
29,699
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
70,365
130,400
9
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
1,000 Ordinary shares of £1 each
1,000
1,000
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Can't Just Be Properties Limited Notes to the Accounts for the year ended 31 March 2025
10
Loans to directors
Brought Forward
Advance/ credit
Repaid
Carried Forward
£
£
£
£
Curtis Brown
Interest free director's loan
-
500
-
500
-
500
-
500
11
Transactions with related parties
During the period, directors took an unsecured from the company for £500. The loan is repayable on demand and in full.”
12
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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