| Above and Beyonder Limited |
| Registered number: |
12948851 |
| Balance Sheet |
| as at 31 October 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
4 |
|
|
164 |
|
|
219 |
| Investment property |
5 |
|
|
900,000 |
|
|
900,000 |
|
|
|
|
900,164 |
|
|
900,219 |
|
| Current assets |
| Debtors |
6 |
|
10,102 |
|
|
9,118 |
| Cash at bank and in hand |
|
|
7,160 |
|
|
10,028 |
|
|
|
17,262 |
|
|
19,146 |
|
| Creditors: amounts falling due within one year |
7 |
|
(114,732) |
|
|
(133,480) |
|
| Net current liabilities |
|
|
|
(97,470) |
|
|
(114,334) |
|
| Total assets less current liabilities |
|
|
|
802,694 |
|
|
785,885 |
|
| Creditors: amounts falling due after more than one year |
8 |
|
|
(631,831) |
|
|
(631,042) |
|
| Provisions for liabilities |
|
|
|
(33,773) |
|
|
(33,787) |
|
| Net assets |
|
|
|
137,090 |
|
|
121,056 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
2 |
|
|
2 |
| Fair value reserve |
10 |
|
|
101,197 |
|
|
101,197 |
| Profit and loss account |
|
|
|
35,891 |
|
|
19,857 |
|
| Shareholders' funds |
|
|
|
137,090 |
|
|
121,056 |
|
|
|
|
|
|
|
|
| The directors are 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 directors acknowledge their 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. |
|
|
|
| Mr G M Lazenby |
| Director |
| Approved by the board on 29/07/2026. |
|
| Above and Beyonder Limited |
| Notes to the Accounts |
| for the year ended 31 October 2025 |
|
|
| 1 |
Statutory information |
|
|
Above and Beyonder Limited is a private company, limited by shares, registered in England and Wales. |
|
|
The company's registered number and registered office address are as below: |
|
|
Registered number: |
|
|
12948851 |
|
|
Registered office: |
|
|
3 Henley Close |
|
|
|
|
Rawdon |
|
|
|
|
Leeds |
|
|
|
|
LS19 6QB |
|
|
The presentation currency of the financial statements is the Pound Sterling, which is the functional currency of the company, rounded to the nearest £1. |
|
|
| 2 |
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" including provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets. |
|
|
Turnover |
|
Turnover represents rents received and receivable, excluding VAT. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Fixtures, fittings & equipment |
- over 4 years on a reducing balance basis |
|
|
Investment property |
|
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
|
|
| 2 |
Accounting policies (continued) |
|
|
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. |
|
|
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. |
|
|
| 3 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
2 |
|
|
|
|
|
|
|
|
|
|
| 4 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Fixtures, fittings & equipment |
| £ |
|
Cost |
|
At 1 November 2024 |
475 |
|
At 31 October 2025 |
475 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 November 2024 |
256 |
|
Charge for the year |
55 |
|
At 31 October 2025 |
311 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 October 2025 |
164 |
|
At 31 October 2024 |
219 |
|
|
| 5 |
Investment property |
| Total |
| £ |
|
Fair value |
|
At 1 November 2024 |
900,000 |
|
|
At 31 October 2025 |
900,000 |
|
|
|
|
|
|
|
|
|
|
Historical cost |
|
At 1 November 2024 |
765,071 |
|
At 31 October 2025 |
765,071 |
|
|
|
|
|
|
|
|
|
|
The investment property was valued on an open market basis on 31 October 2025 by the directors. |
|
|
| 6 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
6,418 |
|
6,418 |
|
Prepayments and accrued income |
984 |
|
- |
|
Other debtors |
2,700 |
|
2,700 |
|
|
|
|
|
|
10,102 |
|
9,118 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
402 |
|
343 |
|
Accruals and deferred income |
1,035 |
|
1,025 |
|
Directors' current account |
106,594 |
|
125,814 |
|
Taxation and social security costs |
4,001 |
|
3,587 |
|
Other creditors |
2,700 |
|
2,711 |
|
|
|
|
|
|
114,732 |
|
133,480 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
631,831 |
|
631,042 |
|
|
|
|
|
|
|
|
|
|
| 9 |
Loans |
2025 |
|
2024 |
| £ |
£ |
|
Creditors include: |
|
Instalments falling due for payment after more than five years |
629,934 |
|
629,426 |
|
|
|
|
|
|
|
|
|
|
|
Secured bank loans |
632,233 |
|
631,385 |
|
|
|
|
|
|
|
|
|
|
Bank loans are secured over the properties to which they relate. |
|
|
| 10 |
Fair value reserve |
2025 |
|
2024 |
| £ |
£ |
|
|
At 1 November 2024 |
101,197 |
|
66,480 |
|
Reserve transfer |
- |
|
34,717 |
|
|
At 31 October 2025 |
101,197 |
|
101,197 |
|
|
|
|
|
|
|
|
|
|
| 11 |
Related party transactions |
|
|
During the year £3,033 (2024: £274,065) was advanced from and £22,253 (2024: £337,030) was repaid to the directors of the company. An amount of £106,594 (2024: £125,814) remained due to the directors at the year end. |