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REGISTERED NUMBER: 09061588 (England and Wales)












REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2023

FOR

BIG FIVE PROPERTY DEVELOPMENTS LIMITED

BIG FIVE PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09061588)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2023




Page

Company Information 1

Report of the Directors 2

Balance Sheet 3

Notes to the Financial Statements 4


BIG FIVE PROPERTY DEVELOPMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MAY 2023







DIRECTORS: Mrs J Hiza
C Steel





REGISTERED OFFICE: 192 Westward Road
Chingford
London
E4 8QQ





REGISTERED NUMBER: 09061588 (England and Wales)





ACCOUNTANTS: Cook & Partners Limited
Manufactory House
Bell Lane
Hertford
Hertfordshire
SG14 1BP

BIG FIVE PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09061588)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 31ST MAY 2023

The directors present their report with the financial statements of the company for the year ended 31st May 2023.

DIRECTORS
C Steel has held office during the whole of the period from 1st June 2022 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





C Steel - Director


11th January 2024

BIG FIVE PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09061588)

BALANCE SHEET
31ST MAY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 8

CURRENT ASSETS
Stocks - 5,248
Debtors 5 70 70
Cash at bank - 17,211
70 22,529
CREDITORS
Amounts falling due within one year 6 283,567 300,782
NET CURRENT LIABILITIES (283,497 ) (278,253 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(283,497

)

(278,245

)

CAPITAL AND RESERVES
Called up share capital 70 70
Retained earnings (283,567 ) (278,315 )
SHAREHOLDERS' FUNDS (283,497 ) (278,245 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11th January 2024 and were signed on its behalf by:





C Steel - Director


BIG FIVE PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09061588)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2023

1. STATUTORY INFORMATION

Big Five Property Developments 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.

2. ACCOUNTING POLICIES

Accounting convention
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.

Going Concern Justification
The directors have assessed various factors and risks affecting the company and its ability in these difficult economic times to continue to trade as a going concern. The directors have not identified any material uncertainties or risks related to events or conditions that could affect the carrying values of the company's assets and liabilities as at the balance sheet date. Therefore the financial statements for the year ended 31 May 2022 have been prepared using the going concern basis of accounting.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Computer equipment - 25% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 2 ).

4. TANGIBLE FIXED ASSETS
Improvements
to Plant and Computer
property machinery equipment Totals
£    £    £    £   
COST
At 1st June 2022 5,200 - 663 5,863
Disposals - (5,200 ) (663 ) (5,863 )
At 31st May 2023 5,200 (5,200 ) - -
DEPRECIATION
At 1st June 2022 - 5,200 655 5,855
Eliminated on disposal - (5,200 ) (655 ) (5,855 )
At 31st May 2023 - - - -
NET BOOK VALUE
At 31st May 2023 5,200 (5,200 ) - -
At 31st May 2022 5,200 (5,200 ) 8 8

BIG FIVE PROPERTY DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09061588)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 70 70

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
VAT - 4
Other creditors 283,567 295,278
Accrued expenses - 5,500
283,567 300,782