IRIS Accounts Production v24.1.4.33 14456320 Board of Directors 1.11.22 30.11.23 30.11.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh144563202022-10-31144563202023-11-30144563202022-11-012023-11-30144563202022-10-3114456320ns15:EnglandWales2022-11-012023-11-3014456320ns14:PoundSterling2022-11-012023-11-3014456320ns10:Director12022-11-012023-11-3014456320ns10:PrivateLimitedCompanyLtd2022-11-012023-11-3014456320ns10:SmallEntities2022-11-012023-11-3014456320ns10:AuditExempt-NoAccountantsReport2022-11-012023-11-3014456320ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-11-3014456320ns10:SmallCompaniesRegimeForAccounts2022-11-012023-11-3014456320ns10:FullAccounts2022-11-012023-11-3014456320ns10:OrdinaryShareClass12022-11-012023-11-3014456320ns10:Director22022-11-012023-11-3014456320ns10:RegisteredOffice2022-11-012023-11-3014456320ns5:CurrentFinancialInstruments2023-11-3014456320ns5:Non-currentFinancialInstruments2023-11-3014456320ns5:ShareCapital2023-11-3014456320ns5:RetainedEarningsAccumulatedLosses2023-11-3014456320ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-11-3014456320ns10:OrdinaryShareClass12023-11-30
REGISTERED NUMBER: 14456320 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 NOVEMBER 2022 TO 30 NOVEMBER 2023

FOR

BC PROPERTIES (SOUTH) LIMITED

BC PROPERTIES (SOUTH) LIMITED (REGISTERED NUMBER: 14456320)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 NOVEMBER 2022 TO 30 NOVEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BC PROPERTIES (SOUTH) LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 NOVEMBER 2022 TO 30 NOVEMBER 2023







DIRECTORS: C Boyce
J T Clark





REGISTERED OFFICE: 1 Little London Lane
Southmoor
Abingdon
Oxfordshire
OX13 5GH





REGISTERED NUMBER: 14456320 (England and Wales)





ACCOUNTANTS: Astral Accountancy Services Limited
Astral House
Granville Way
Bicester
Oxfordshire
OX26 4JT

BC PROPERTIES (SOUTH) LIMITED (REGISTERED NUMBER: 14456320)

BALANCE SHEET
30 NOVEMBER 2023

Notes £   
CURRENT ASSETS
Stocks 4 671,890
Cash at bank 30,609
702,499
CREDITORS
Amounts falling due within one year 5 371,485
NET CURRENT ASSETS 331,014
TOTAL ASSETS LESS CURRENT
LIABILITIES

331,014

CREDITORS
Amounts falling due after more than one year 6 333,200
NET LIABILITIES (2,186 )

CAPITAL AND RESERVES
Called up share capital 7 2
Retained earnings (2,188 )
SHAREHOLDERS' FUNDS (2,186 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 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.

BC PROPERTIES (SOUTH) LIMITED (REGISTERED NUMBER: 14456320)

BALANCE SHEET - continued
30 NOVEMBER 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 July 2024 and were signed on its behalf by:





C Boyce - Director


BC PROPERTIES (SOUTH) LIMITED (REGISTERED NUMBER: 14456320)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 NOVEMBER 2022 TO 30 NOVEMBER 2023

1. STATUTORY INFORMATION

BC Properties (South) 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

Basis of preparing the financial statements
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.

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Going concern
The financial statements have been prepared on a going concern basis. This basis may not be appropriate as the company was insolvent to the extent of £2,186. These factors indicate that the company may not be able to continue trading. However, the company is reliant on the continuing support of the Directors, and there is no evidence that this support will be withdrawn.

Should the company be unable to continue trading, adjustments would have been made to reduce the value of the assets to their recoverable amount and to provide for any further liabilities which might arise.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4. STOCKS
£   
Work-in-progress 671,890

BC PROPERTIES (SOUTH) LIMITED (REGISTERED NUMBER: 14456320)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 NOVEMBER 2022 TO 30 NOVEMBER 2023

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts 14,280
Directors' current account 356,605
Accrued Expenses 600
371,485

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
£   
Bank loans > 1 year 333,200

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
2 Ordinary £1 2

8. RELATED PARTY DISCLOSURES

Work was carried out for the company by Bayswood Construction Ltd amounting to £49,832, a company partly owned by the director C Boyce. All transactions were undertaken at arms length.