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REGISTERED NUMBER: 11937168 (England and Wales)









AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

BFTF MANAGEMENT LIMITED

BFTF MANAGEMENT LIMITED (REGISTERED NUMBER: 11937168)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BFTF MANAGEMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: M J Robinson
G C Stephenson





SECRETARY: J Dutton





REGISTERED OFFICE: BFTF Management Ltd
577 Kingston Road
London
SW20 8SA





REGISTERED NUMBER: 11937168 (England and Wales)





AUDITORS: Hartley Fowler LLP
Statutory Auditors
Chartered Accountants
4th Floor Tuition House
27-37 St George's Road
Wimbledon
London
SW19 4EU

BFTF MANAGEMENT LIMITED (REGISTERED NUMBER: 11937168)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 36 36

CURRENT ASSETS
Debtors 5 - 11,929
Investments 6 - 124,656
Cash at bank 4,257 2,983
4,257 139,568
CREDITORS
Amounts falling due within one year 7 4,257 147,155
NET CURRENT LIABILITIES - (7,587 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

36

(7,551

)

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 35 (7,552 )
SHAREHOLDERS' FUNDS 36 (7,551 )

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 October 2023 and were signed on its behalf by:





M J Robinson - Director


BFTF MANAGEMENT LIMITED (REGISTERED NUMBER: 11937168)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

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

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Leasehold property - not provided

Financial instruments
Debtors and creditors with no stated interest rate and receivables or payables within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other
administrative expenses.

Impairment
Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Leasehold
property
£   
COST
At 1 April 2022
and 31 March 2023 36
NET BOOK VALUE
At 31 March 2023 36
At 31 March 2022 36

Included in cost of land and buildings is freehold land of £ 36 (2022 - £ 36 ) which is not depreciated.

BFTF MANAGEMENT LIMITED (REGISTERED NUMBER: 11937168)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


4. TANGIBLE FIXED ASSETS - continued

The amount included in freehold land and buildings represents the nominal value ascribed to the 999 year leasehold interest granted to the company in property located at 577 Kingston Road London SW20 8SA.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors - 11,929

6. CURRENT ASSET INVESTMENTS
2023 2022
£    £   
Other - 124,656

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed to group undertakings - 127,655
Other creditors 4,257 19,500
4,257 147,155

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Jonathan Askew (Senior Statutory Auditor)
for and on behalf of Hartley Fowler LLP

9. ULTIMATE CONTROLLING PARTY

The parent undertaking is The Co-Mission Churches Trust, whose registered office address is: 577 Kingston Road, London SW20 8SA.