BILTREX LIMITED

Company Registration Number:
03533728 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2026

Period of accounts

Start date: 01 April 2025

End date: 31 March 2026

BILTREX LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2026

Balance sheet
Notes

BILTREX LIMITED

Balance sheet

As at 31 March 2026


Notes
2026
2025


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 3,497,914 4,595,064
Investments:   0 0
Total fixed assets: 3,497,914 4,595,064
Current assets
Stocks: 0 0
Debtors:   0 0
Cash at bank and in hand: 476,512 4,041
Investments:   0 0
Total current assets: 476,512 4,041
Creditors: amounts falling due within one year: 4 (694,965) (695,883)
Net current assets (liabilities): (218,453) (691,842)
Total assets less current liabilities: 3,279,461 3,903,222
Creditors: amounts falling due after more than one year: 5 (1,233,163) (1,230,180)
Provision for liabilities: (301,356) (238,590)
Total net assets (liabilities): 1,744,942 2,434,452
Capital and reserves
Called up share capital: 2 2
Revaluation reserve:6550,8750
Profit and loss account: 1,194,065 2,434,450
Shareholders funds: 1,744,942 2,434,452

The notes form part of these financial statements

BILTREX LIMITED

Balance sheet statements

For the year ending 31 March 2026 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 14 May 2026
and signed on behalf of the board by:

Name: Ann Phillips
Status: Director

The notes form part of these financial statements

BILTREX LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2026

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents the total invoice value of rents receivable during the period, excluding value added tax, and is recognised on a straight-line basis over the lease term.

Tangible fixed assets and depreciation policy

Tangible Fixed Assets and Investment properties are stated at fair value and are not depreciated, in accordance with FRS 102 Section 1A. Other tangible fixed assets are stated at cost less depreciation, which is calculated to write off the cost over their expected useful lives.

Intangible fixed assets and amortisation policy

Not applicable

Valuation and information policy

The investment properties were valued at the reporting date by the directors, using recent market data and evidence of transaction values for similar local residential properties. The valuation reflects the fair market value under open market conditions

Other accounting policies

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date, including those arising from the revaluation of investment properties, calculated at the tax rates expected to apply when the liability is settled

BILTREX LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2026

2. Employees

2026 2025
Average number of employees during the period 2 1

BILTREX LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2026

3. Tangible Assets

Total
Cost £
At 01 April 2025 4,599,045
Disposals (2,946)
Revaluations (1,094,999)
At 31 March 2026 3,501,100
Depreciation
At 01 April 2025 3,981
Charge for year 729
On disposals (1,524)
At 31 March 2026 3,186
Net book value
At 31 March 2026 3,497,914
At 31 March 2025 4,595,064

BILTREX LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2026

4. Creditors: amounts falling due within one year note

"Creditors falling due within one year consist primarily of directors' loan account balances and standard trade trade payables totaling £695,066 (2025: £696,043). No debts are secured against the assets of the company."

BILTREX LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2026

5. Creditors: amounts falling due after more than one year note

Creditors falling due after more than one year consist of long-term bank loans and mortgages totalling £1,233,163 (2025: £1,230,180) which are fully secured by legal charges over the company's investment properties.

BILTREX LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2026

6. Revaluation reserve

2026
£
Balance at 01 April 2025 0
Surplus or deficit after revaluation 550,875
Balance at 31 March 2026 550,875