Registered Number:07392178 |
For the year ended 28 March 2023
England and Wales
Unaudited Financial Statements
For the year ended 28 March 2023
Bgn Developments Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Bgn Developments Limited
Statement of Financial Position
2022
2023
Property, plant and equipment |
2,120
2,922
2
2,120
2,922
5,623
172,868
3
2,456,766
Cash and cash equivalents |
2,278,994
2,451,862
2,462,389
Trade and other payables: amounts falling due within one |
year |
(785,683)
(759,078)
4
1,676,706
1,692,784
Net current assets
Total assets less current liabilities |
1,694,904
1,679,628
1,694,904
Net assets
1,679,628
111
111
1,694,793
1,679,517
1,694,904
1,679,628
Shareholders' funds
For the year ended 28 March 2023 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 of its financial statements for the year ended 28 March 2023 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of |
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section |
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial |
statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 01 November 2023 and were signed by: |
The notes form part of these financial statements |
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For the year ended 28 March 2023
Bgn Developments Limited
Notes to the Financial Statements
Statutory Information
Bgn Developments Limited is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 07392178. |
6 Leybourne Gardens
St Leonards on Sea
East Sussex
TN37 7HU
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
2. Property, plant and equipment |
Motor Vehicles
15,228
433
14,795
14,795
433
15,228
Provision for depreciation and impairment |
12,306
144
12,162
Charge for year
802
144
658
13,108
288
12,820
1,975
145
2,120
2,633
289
2,922
2022
2023
172,868
5,623
2 of 3
For the year ended 28 March 2023
Bgn Developments Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year |
2022
2023
-
2
Taxation and social security |
3,771
32,081
755,307
753,600
759,078
785,683
5. Related party transactions |
At the year end, the director was owed £739,940 (2022: £737,435).
6. Average number of persons employed |
During the year the average number of employees was 0
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