Company Registration No. 13215826 (England and Wales)
Bgb Property Solution Ltd
Unaudited accounts
for the year ended 28 February 2023
Bgb Property Solution Ltd
Unaudited accounts
Contents
Bgb Property Solution Ltd
Company Information
for the year ended 28 February 2023
Directors
Daljit Kaur Sira
Gurpal Singh Bhambra
Company Number
13215826 (England and Wales)
Registered Office
20-22 Wenlock Road
London
N1 7GU
England
Accountants
FBD Consultancy, Accounts & Tax Ltd
Sgarbach House
10 Binniehill Road
Cumbernauld
North Lanarkshire
G68 9AJ
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Bgb Property Solution Ltd
for the year ended 28 February 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Bgb Property Solution Ltd for the year ended
28 February 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants of Scotland, we are subject to its ethical and other professional requirements which are detailed at https://www.icas.com/professional-resources/practice/support-and-guidance/framework-for-the-preparation-of-accounts-revised-june-2020.
Our work has been undertaken in accordance with the requirements of the Institute of Chartered Accountants of Scotland as detailed at https://www.icas.com/professional-resources/practice/support-and-guidance/framework-for-the-preparation-of-accounts-revised-june-2020.
FBD Consultancy, Accounts & Tax Ltd
Chartered Accountants
Sgarbach House
10 Binniehill Road
Cumbernauld
North Lanarkshire
G68 9AJ
24 October 2023
Bgb Property Solution Ltd
Statement of financial position
as at 28 February 2023
Investment property
202,680
72,007
Cash at bank and in hand
7,134
32,488
Creditors: amounts falling due within one year
(129,567)
(91,461)
Net current liabilities
(122,433)
(58,973)
Total assets less current liabilities
80,543
13,479
Creditors: amounts falling due after more than one year
(116,980)
(44,980)
Net liabilities
(36,437)
(31,501)
Called up share capital
2
2
Profit and loss account
(36,439)
(31,503)
Shareholders' funds
(36,437)
(31,501)
For the year ending 28 February 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 November 2023 and were signed on its behalf by
Daljit Kaur Sira
Director
Company Registration No. 13215826
Bgb Property Solution Ltd
Notes to the Accounts
for the year ended 28 February 2023
Bgb Property Solution Ltd is a private company, limited by shares, registered in England and Wales, registration number 13215826. The registered office is 20-22 Wenlock Road, London, N1 7GU, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Computer equipment
Fair value at 1 March 2022
72,007
At 28 February 2023
202,680
Bgb Property Solution Ltd
Notes to the Accounts
for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023
2022
Loans from directors
126,707
89,027
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).