Property By BuBen Ltd 12784645 false 2022-08-01 2023-07-31 2023-07-31 The principal activity of the company is 68310 Digita Accounts Production Advanced 6.30.9574.0 true true 12784645 2022-08-01 2023-07-31 12784645 2023-07-31 12784645 core:RetainedEarningsAccumulatedLosses 2023-07-31 12784645 core:ShareCapital 2023-07-31 12784645 core:CurrentFinancialInstruments 2023-07-31 12784645 core:CurrentFinancialInstruments core:WithinOneYear 2023-07-31 12784645 core:Non-currentFinancialInstruments 2023-07-31 12784645 core:Non-currentFinancialInstruments core:AfterOneYear 2023-07-31 12784645 bus:SmallEntities 2022-08-01 2023-07-31 12784645 bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 12784645 bus:FullAccounts 2022-08-01 2023-07-31 12784645 bus:SmallCompaniesRegimeForAccounts 2022-08-01 2023-07-31 12784645 bus:RegisteredOffice 2022-08-01 2023-07-31 12784645 bus:Director1 2022-08-01 2023-07-31 12784645 bus:Director2 2022-08-01 2023-07-31 12784645 bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 12784645 countries:EnglandWales 2022-08-01 2023-07-31 12784645 2021-08-01 2022-07-31 12784645 2022-07-31 12784645 core:RetainedEarningsAccumulatedLosses 2022-07-31 12784645 core:ShareCapital 2022-07-31 12784645 core:CurrentFinancialInstruments 2022-07-31 12784645 core:CurrentFinancialInstruments core:WithinOneYear 2022-07-31 12784645 core:Non-currentFinancialInstruments 2022-07-31 12784645 core:Non-currentFinancialInstruments core:AfterOneYear 2022-07-31 iso4217:GBP xbrli:pure

Registration number: 12784645

Property By BuBen Ltd

Unaudited Filleted Financial Statements

for the Year Ended 31 July 2023

 

Property By BuBen Ltd

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Property By BuBen Ltd

Company Information

Directors

Mr Troy Ndrepepaj

Mr Benjamin James Wood

Registered office

Rycroft
School Road
Broughton
Huntingdon
Cambridgeshire
PE28 3AT

Accountants

RiverView Portfolio Limited
1 Market Hill
Calne
Wiltshire
SN11 0BT

 

Property By BuBen Ltd

(Registration number: 12784645)
Balance Sheet as at 31 July 2023

Note

2023
£

2022
£

Current assets

 

Debtors

4

25,236

25,219

Cash at bank and in hand

 

578

482

 

25,814

25,701

Creditors: Amounts falling due within one year

5

(387)

(387)

Total assets less current liabilities

 

25,427

25,314

Creditors: Amounts falling due after more than one year

5

(45,597)

(38,469)

Net liabilities

 

(20,170)

(13,155)

Capital and reserves

 

Called up share capital

500

500

Retained earnings

(20,670)

(13,655)

Shareholders' deficit

 

(20,170)

(13,155)

For the financial year ending 31 July 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 29 April 2024 and signed on its behalf by:
 

.........................................
Mr Troy Ndrepepaj
Director

.........................................
Mr Benjamin James Wood
Director

 
     
 

Property By BuBen Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Rycroft
School Road
Broughton
Huntingdon
Cambridgeshire
PE28 3AT

These financial statements were authorised for issue by the Board on 29 April 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

Property By BuBen Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2023 (continued)

2

Accounting policies (continued)

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2022 - 0).

4

Debtors

Current

Note

2023
£

2022
£

Amounts owed by related parties

25,000

25,000

Prepayments

 

236

219

   

25,236

25,219

 

Property By BuBen Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2023 (continued)

5

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Trade creditors

47

47

Accruals and deferred income

340

340

387

387

Creditors: amounts falling due after more than one year

Note

2023
£

2022
£

Due after one year

 

Loans and borrowings

6

36,220

31,862

Other non-current financial liabilities

 

9,377

6,607

 

45,597

38,469

6

Loans and borrowings

2023
£

2022
£

Non-current loans and borrowings

Other borrowings

36,220

31,862