1 February 2023 false No description of principal activity Taxfiler 2024.1 13133522business:PrivateLimitedCompanyLtd2023-02-012024-01-31 131335222023-01-31 131335222023-02-012024-01-31 13133522business:AuditExemptWithAccountantsReport2023-02-012024-01-31 13133522business:FilletedAccounts2023-02-012024-01-31 131335222024-01-31 13133522business:Director12023-02-012024-01-31 13133522business:RegisteredOffice2023-02-012024-01-31 131335222023-01-31 13133522core:WithinOneYear2024-01-31 13133522core:WithinOneYear2023-01-31 13133522core:AfterOneYear2024-01-31 13133522core:AfterOneYear2023-01-31 13133522core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 13133522core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 13133522core:RevaluationReservecore:PreviouslyStatedAmount2024-01-31 13133522core:RevaluationReservecore:PreviouslyStatedAmount2023-01-31 13133522core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 13133522core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 13133522core:PreviouslyStatedAmount2024-01-31 13133522core:PreviouslyStatedAmount2023-01-31 13133522business:SmallEntities2023-02-012024-01-31 13133522countries:EnglandWales2023-02-012024-01-31 13133522core:MoreThanFiveYears2024-01-31 13133522core:MoreThanFiveYears2023-01-31 13133522core:AfterOneYear2023-02-012024-01-31 131335222022-02-012023-01-31 iso4217:GBP xbrli:pure
Company Registration No. 13133522 (England and Wales)
BG Properties (Bucks) Ltd Unaudited accounts for the year ended 31 January 2024
BG Properties (Bucks) Ltd Unaudited accounts Contents
Page
- 2 -
BG Properties (Bucks) Ltd Company Information for the year ended 31 January 2024
Director
A R Bromell
Company Number
13133522 (England and Wales)
Registered Office
18 THAME ROAD HADDENHAM BUCKINGHAMSHIRE HP17 8EW UNITED KINGDOM
Accountants
Douglas Collier Ltd 10 Village Way Pinner Middlesex HA5 5AF
- 3 -
BG Properties (Bucks) Ltd Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Investment property
275,000 
222,957 
Current assets
Inventories
295,136 
10,400 
Cash at bank and in hand
993 
8,569 
296,129 
18,969 
Creditors: amounts falling due within one year
(660)
(600)
Net current assets
295,469 
18,369 
Total assets less current liabilities
570,469 
241,326 
Creditors: amounts falling due after more than one year
(543,518)
(270,518)
Provisions for liabilities
Deferred tax
(9,888)
- 
Net assets/(liabilities)
17,063 
(29,192)
Capital and reserves
Called up share capital
1 
1 
Revaluation reserve
42,155 
- 
Profit and loss account
(25,093)
(29,193)
Shareholders' funds
17,063 
(29,192)
For the year ending 31 January 2024 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 24 April 2024 and were signed on its behalf by
A R Bromell Director Company Registration No. 13133522
- 4 -
BG Properties (Bucks) Ltd Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
BG Properties (Bucks) Ltd is a private company, limited by shares, registered in England and Wales, registration number 13133522. The registered office is 18 THAME ROAD, HADDENHAM, BUCKINGHAMSHIRE, HP17 8EW, 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
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.
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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Investment property
2024 
£ 
Fair value at 1 February 2023
222,957 
Net gain from fair value adjustments
52,043 
At 31 January 2024
275,000 
The director has assessed the fair value of the investment property at the end of the accounting period. The increase in valuation is reported in the non-distributable revaluation reserve.
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Accruals
660 
600 
- 5 -
BG Properties (Bucks) Ltd Notes to the Accounts for the year ended 31 January 2024
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
543,518 
270,518 
Aggregate of amounts that fall due for payment after five years
- 
188,495 
An interest only loan of £188,495 is repayable on 3 February 2027. The lender, The Mortgage Works (UK) Plc has secured the loan with a charge against the company's investment property, 3 Hampstead Close, Fairford Leys, Aylesbury.
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 6 -