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Company Registration No. 11189066 (England and Wales)
BMR Bagshot Ltd Unaudited accounts for the year ended 28 February 2023
BMR Bagshot Ltd Unaudited accounts Contents
Page
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BMR Bagshot Ltd Company Information for the year ended 28 February 2023
Director
Charles Mark Margulies
Secretary
Charles Margulies
Company Number
11189066 (England and Wales)
Registered Office
RUSSELL LODGE 23A ST. ANDREW'S GROVE LONDON N16 5NF UNITED KINGDOM
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BMR Bagshot Ltd Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Called up share capital not paid
1 
1 
Fixed assets
Tangible assets
12,694,385 
12,669,892 
Current assets
Debtors
2,135,969 
47,314 
Cash at bank and in hand
3,371 
76,916 
2,139,340 
124,230 
Creditors: amounts falling due within one year
(5,906,284)
(3,939,078)
Net current liabilities
(3,766,944)
(3,814,848)
Total assets less current liabilities
8,927,442 
8,855,045 
Creditors: amounts falling due after more than one year
(8,986,992)
(9,087,334)
Net liabilities
(59,550)
(232,289)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(59,551)
(232,290)
Shareholders' funds
(59,550)
(232,289)
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 director acknowledges his 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 and authorised for issue on 22 February 2024 and were signed on its behalf by
Charles Mark Margulies Director Company Registration No. 11189066
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BMR Bagshot Ltd Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
BMR Bagshot Ltd is a private company, limited by shares, registered in England and Wales, registration number 11189066. The registered office is RUSSELL LODGE, 23A ST. ANDREW'S GROVE, LONDON, N16 5NF, UNITED KINGDOM.
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.
3
Accounting policies
These financial statements for the year ended 28 February 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 March 2021. The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously. The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at historical cost.
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 March 2022
12,669,892 
Additions
24,493 
At 28 February 2023
12,694,385 
Depreciation
At 28 February 2023
- 
Net book value
At 28 February 2023
12,694,385 
At 28 February 2022
12,669,892 
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BMR Bagshot Ltd Notes to the Accounts for the year ended 28 February 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,177 
17,314 
Other debtors
2,132,792 
30,000 
2,135,969 
47,314 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
51,219 
- 
Trade creditors
20,015 
2,483 
Other creditors
5,830,850 
3,931,585 
Accruals
4,200 
5,010 
5,906,284 
3,939,078 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
8,986,992 
9,087,334 
The above loans are secured on the company's properties.
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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