Registered Number:02514659 |
For the year ended 31 December 2023
England and Wales
Report of the Directors and Unaudited Financial Statements
For the year ended 31 December 2023
Bono Properties Limited
Contents Page
1
Directors' Report
2
Income Statement
3
Statement of Financial Position
4 to 5
Notes to the Financial Statements
For the year ended 31 December 2023
Bono Properties Limited
Directors' Report
The directors present their report and accounts for the year ended 31 December 2023.
The principal activity of the company continued to be that of managing the properties of client companies. The Company proposes to continue and develop these activities. |
Directors
The directors who served the company throughout the year were as follows:
Erika Ansar
Hanah Willmott
Ambareen Rushd
Signed on behalf of the board of directors
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006. |
24 June 2024
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For the year ended 31 December 2023
Bono Properties Limited
Income Statement
2022
2023
8,000
7,500
2
7,500
Gross profit
8,000
(5,237)
(5,037)
Operating profit
2,763
2,463
2,763
2,463
Profit before taxation
(525)
(468)
2,238
Profit for the financial year
1,995
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Bono Properties Limited
Statement of Financial Position
2022
2023
Trade and other receivables |
9,000
9,600
3
64,961
Cash and cash equivalents |
62,156
71,756
73,961
Trade and other payables: amounts falling due within one |
year |
(15,980)
(11,537)
4
57,981
60,219
Net current assets
Total assets less current liabilities |
60,219
57,981
60,219
Net assets
57,981
1,000
1,000
59,219
56,981
60,219
57,981
Shareholders' funds
For the year ended 31 December 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 of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
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 in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 24 June 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 December 2023
Bono Properties Limited
Notes to the Financial Statements
Statutory Information
Bono Properties Limited is a private limited company, limited by shares, domiciled in England and Wales, registration |
number 02514659. |
Interpark House, 4th Floor
7 Down Street, London
W1J 7AJ
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
All turnover and profit on ordinary activities has been generated from the property management services and amounts to £8,000 (£7,500 in 2022). There is no relevant geographical analysis of turnover. The profit on ordinary activities before taxation amounted to £2,763 (£2,463 in 2022). |
3. Trade and other receivables |
2022
2023
9,600
9,000
4. Trade and other payables: amounts falling due within one year |
2022
2023
1
1
Taxation and social security |
2,125
1,968
9,411
14,011
11,537
15,980
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For the year ended 31 December 2023
Bono Properties Limited
Notes to the Financial Statements Continued
Retained Earnings B/Fwd = £56,981 |
Profit for the Y/E 31.12.23 = £2,238 |
Retained Earnings C/Fwd = £59,219 |
Profit and loss, retained earnings comprise of the above. |
6. Related party transactions |
Aires Corp N.V a company incorporated in Curacao owns 100% shares of Bono Properties Limited. There were no |
related party transactions. |
Client Accounts (designated bank accounts): |
Net balances from the rents received and expenses incured on client companies and/or individual clients are held in |
separate designated client bank accounts, and are not shown in these financial statements as they are held in trust |
for the clients and do not belong to Bono Properties Limited. |
7. Average number of persons employed |
During the year the average number of employees was 2 (2022 : 2)
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