| Byway Investments Limited |
| Registered number: |
13590405 |
| Balance Sheet |
| as at 31 August 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Investment properties |
3 |
|
|
570,000 |
|
|
405,000 |
|
| Current assets |
| Debtors |
4 |
|
3,720 |
|
|
3,780 |
| Cash at bank and in hand |
|
|
13,313 |
|
|
5,819 |
|
|
|
17,033 |
|
|
9,599 |
|
| Creditors: amounts falling due within one year |
5 |
|
(360,074) |
|
|
(272,448) |
|
| Net current liabilities |
|
|
|
(343,041) |
|
|
(262,849) |
|
| Total assets less current liabilities |
|
|
|
226,959 |
|
|
142,151 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(86,380) |
|
|
(86,380) |
|
| Provisions for liabilities |
|
|
|
(23,706) |
|
|
(10,021) |
|
|
| Net assets |
|
|
|
116,873 |
|
|
45,750 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1 |
|
|
1 |
| Profit and loss account |
|
|
|
116,872 |
|
|
45,749 |
|
| Shareholders' funds |
|
|
|
116,873 |
|
|
45,750 |
|
|
|
|
|
|
|
|
| The director is 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 director acknowledges her 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. |
|
|
|
|
| Maxine Reed |
| Director |
| Approved by the board on 24 November 2025 |
|
| Byway Investments Limited |
| Notes to the Accounts |
| for the year ended 31 August 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 |
|
Fee income is recognised at the fair value of consideration received or receivable for services rendered to customers. Revenue in respect of letting activity is recognised as the fair value of rents receivable . |
|
|
Investment property |
|
Investment property, which is property held to earn rentals and/or for capital appreciation, is stated at its fair value at the balance sheet date. The fair value of the investment property has been determined by reference to recent market prices of similar properties in the area. Gains or losses arising from changes in the fair value of investment property are included in profit or loss for the period in which they arise. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold. |
|
|
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). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Deferred tax is measured using the tax rates and laws that have been enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Investment properties |
|
| Other |
| investments |
| £ |
|
Cost |
|
At 1 September 2024 |
405,000 |
|
Additions |
92,970 |
|
Revaluation |
72,030 |
|
|
At 31 August 2025 |
570,000 |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
- |
|
60 |
|
Other debtors |
3,720 |
|
3,720 |
|
|
|
|
|
|
3,720 |
|
3,780 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade creditors |
5,076 |
|
9,201 |
|
Taxation and social security costs |
2,998 |
|
2,148 |
|
Director's current account |
285,000 |
|
211,099 |
|
Other creditors |
67,000 |
|
50,000 |
|
|
|
|
|
|
360,074 |
|
272,448 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
86,380 |
|
86,380 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Other information |
|
|
Byway Investments Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
37 Summit Way, |
|
Southgate |
|
London |
|
N14 7NN |