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Registered number: 00751025
Birchland Properties Limited
Unaudited Financial Statements
For The Year Ended 31 March 2026
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 00751025
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 144,035 149,081
Investment Properties 5 2,325,000 2,325,000
2,469,035 2,474,081
CURRENT ASSETS
Debtors 6 4,500 36
Cash at bank and in hand 26,255 15,451
30,755 15,487
Creditors: Amounts Falling Due Within One Year 7 (151,145 ) (209,412 )
NET CURRENT ASSETS (LIABILITIES) (120,390 ) (193,925 )
TOTAL ASSETS LESS CURRENT LIABILITIES 2,348,645 2,280,156
PROVISIONS FOR LIABILITIES
Deferred Taxation (253,218 ) (253,218 )
NET ASSETS 2,095,427 2,026,938
CAPITAL AND RESERVES
Called up share capital 8 5,000 5,000
Share premium account 52,519 52,519
Fair value reserve 9 1,034,852 1,034,852
Profit and Loss Account 1,003,056 934,567
SHAREHOLDERS' FUNDS 2,095,427 2,026,938
Page 1
Page 2
For the year ending 31 March 2026 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 K Milton
Director
Mrs C R Milton
Director
31 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
Birchland Properties Limited is a private company, limited by shares, incorporated in England & Wales, registered number 00751025 . The registered office is Birchland, Colliers Lane, Charlcombe, Bath, Somerset, BA1 8DP.
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.
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:
Freehold no depreciation
Equipment 10% on reducing balance
Motor Vehicles 25% on reducing balance
Workshop 10% on reducing balance
Improvements to property 10% on reducing balance
2.4. Investment Properties
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.
2.5. 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.
...CONTINUED
Page 3
Page 4
2.5. Taxation - continued
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 or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also 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: 2 (2025: 2)
2 2
4. Tangible Assets
Land & Property
Freehold Equipment Motor Vehicles Workshop
£ £ £ £
Cost
As at 1 April 2025 106,534 12,623 23,396 181,972
As at 31 March 2026 106,534 12,623 23,396 181,972
Depreciation
As at 1 April 2025 - 5,152 18,962 165,117
Provided during the period - 970 1,109 1,680
As at 31 March 2026 - 6,122 20,071 166,797
Net Book Value
As at 31 March 2026 106,534 6,501 3,325 15,175
As at 1 April 2025 106,534 7,471 4,434 16,855
Improvements to property Total
£ £
Cost
As at 1 April 2025 52,986 377,511
As at 31 March 2026 52,986 377,511
...CONTINUED
Page 4
Page 5
Depreciation
As at 1 April 2025 39,199 228,430
Provided during the period 1,287 5,046
As at 31 March 2026 40,486 233,476
Net Book Value
As at 31 March 2026 12,500 144,035
As at 1 April 2025 13,787 149,081
5. Investment Property
2026
£
Fair Value
As at 1 April 2025 and 31 March 2026 2,325,000
If investment property had been accounted for under historical cost accounting rules, the amounts would be:
2026 2025
£ £
Cost 1,039,211 1,039,211
6. Debtors
2026 2025
£ £
Due within one year
Trade debtors 4,500 -
Prepayments and accrued income - 36
4,500 36
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Corporation tax 1,341 10,156
Other creditors 43 541
Accruals and deferred income 5,040 3,183
Directors' loan accounts 144,721 195,532
151,145 209,412
Page 5
Page 6
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 5,000 5,000
9. Reserves
Share Premium Fair value reserve Profit and Loss Account
£ £ £
As at 1 April 2025 52,519 1,034,852 934,567
Profit for the year and total comprehensive income - - 68,489
As at 31 March 2026 52,519 1,034,852 1,003,056
Page 6