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Registered number: 13672308
Bottom Line Property Rentals Ltd
Unaudited Financial Statements
For The Year Ended 31 October 2025
Cooper Associates Accountants Ltd
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 13672308
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,734 2,741
Investment Properties 5 750,000 747,000
753,734 749,741
CURRENT ASSETS
Debtors 6 64,379 5,169
Cash at bank and in hand 1,957 2,335
66,336 7,504
Creditors: Amounts Falling Due Within One Year 7 (305,742 ) (262,314 )
NET CURRENT ASSETS (LIABILITIES) (239,406 ) (254,810 )
TOTAL ASSETS LESS CURRENT LIABILITIES 514,328 494,931
Creditors: Amounts Falling Due After More Than One Year 8 (492,826 ) (483,704 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (14,215 ) -
NET ASSETS 7,287 11,227
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 7,187 11,127
SHAREHOLDERS' FUNDS 7,287 11,227
Page 1
Page 2
For the year ending 31 October 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 directors acknowledge 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr B Van Aswegen
Director
21st July 2026
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Bottom Line Property Rentals Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13672308 . The registered office is 40 St James Buildings, St James Street, Taunton, Somerset, TA1 1JR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rent received from investment properties owned by the company. 
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% straight line
Motor Vehicles 25% reducing balance
Office equipment 33% straight line
2.4. Investment Properties
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.
2.5. Financial Instruments
The company holds the following financial instruments:
  • Short term trade and other debtors and creditors;
  • Bank loans; and
  • Cash and bank balances.
All financial instruments are classified as basic.
Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS102.
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecgonised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company's obligations are discharged, expire or are cancelled.
...CONTINUED
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2.5. Financial Instruments - continued
Except for bank loans, such instruments are initially measured at transaction price, including transaction costs and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.
Bank loans are initially measured at transaction price, including transaction costs and are subsequently carried at amortised cost using the effective interest method.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2024: NIL)
- -
4. Tangible Assets
Plant & Machinery Motor Vehicles Office equipment Total
£ £ £ £
Cost or Valuation
As at 1 November 2024 2,036 2,200 2,010 6,246
Additions - - 2,888 2,888
As at 31 October 2025 2,036 2,200 4,898 9,134
...CONTINUED
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Page 5
Depreciation
As at 1 November 2024 1,018 1,074 1,413 3,505
Provided during the period 509 225 1,161 1,895
As at 31 October 2025 1,527 1,299 2,574 5,400
Net Book Value
As at 31 October 2025 509 901 2,324 3,734
As at 1 November 2024 1,018 1,126 597 2,741
5. Investment Property
2025
£
Fair Value
As at 1 November 2024 747,000
Revaluations 3,000
As at 31 October 2025 750,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2025 2024
£ £
Cost 693,138 693,138
The directors have assessed the fair value of the property at £750,000 as at 31 October 2025. This valuation has been determined based on the directors' assessment of open market value using comparable market evidence.
6. Debtors
2025 2024
£ £
Due within one year
Other debtors 64,379 5,169
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Accruals 1,080 840
Directors' loan accounts 304,662 261,474
305,742 262,314
Page 5
Page 6
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 492,826 483,704
9. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
10. Related Party Transactions
During the year the company loaned a total of £62,625 to two companies under common control of the directors and shareholders. These loans are interest free and repayable on demand. 
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