THEMELTHORPE PROPERTIES LIMITED


Director	BENT, Rupert William Timothy


Registered Address	25 Margaret Road
	Harborne
	Birmingham
	B17 0EU


Registered Number	08634332 (England and Wales)

Statement of Financial Position
31 August 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Investment property	4		1,230,000		1,230,000
			1,230,000		1,230,000
Current assets
Cash at bank and on hand		160		4,500
		160		4,500
Creditors amounts falling due within one year	5	(198,156)		(207,351)
Net current assets (liabilities)			(197,996)		(202,851)
Total assets less current liabilities			1,032,004		1,027,149
Creditors amounts falling due after one year	6		(718,599)		(717,480)
Provisions for liabilities	8		(39,416)		(39,091)
Net assets			273,989		270,578
Capital and reserves
Called up share capital			100		100
Revaluation reserve			166,649		166,649
Profit and loss account			107,240		103,829
Shareholders' funds	9		273,989		270,578

The company was entitled to exemption from audit for this reporting period 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 their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 28 May 2026, and are signed on its behalf by:

BENT, Rupert William Timothy
Director
Registered Company No. 08634332

THEMELTHORPE PROPERTIES LIMITED

Notes to the Financial Statements
for the year ended 31 August 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Revenue from rendering of services
	Revenue 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

	Deferred tax
	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. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

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. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Tangible fixed assets and depreciation

All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:


		Straight line (years)
	Plant and machinery	4

	Investment property
	The investment property is accounted for under FRS 102, Section 16 Investment Property. Investment property is remeasured to fair value at each balance sheet date with fair value gains and losses being reported in profit or loss. Investment properties are valued using RICS open market valuation on a freehold basis.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Plant & machinery	Total
	£	£
Cost or valuation
At 01 September 24	3,695	3,695
At 31 August 25	3,695	3,695
Depreciation and impairment
At 01 September 24	3,695	3,695
At 31 August 25	3,695	3,695
Net book value
At 31 August 25	-	-
At 31 August 24	-	-

4.	Investment property


		£
	Fair value at 01 September 24	1,230,000
	At 31 August 25	1,230,000

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Taxation and social security	475	-
Other creditors	196,057	201,133
Accrued liabilities and deferred income	1,624	6,218
Total	198,156	207,351

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	718,599	717,480
Total	718,599	717,480

7.	Secured creditors
	The bank loans are interest-only mortgages secured by way of legal charges over the freehold and leasehold investment properties owned by the company.

8.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	39,416	39,091
Total	39,416	39,091

9.	Revaluation reserve


		£
	Reserve at 01 September 24	166,649
	At 31 August 25	166,649