2023-01-01 03405275 2023-12-31 03405275 2023-01-01 2023-12-31 03405275 uk-bus:Director1 2023-01-01 2023-12-31 03405275 uk-bus:Director1 2023-12-31 03405275 uk-bus:Director2 2023-01-01 2023-12-31 03405275 uk-bus:Director2 2023-12-31 03405275 uk-bus:Director3 2023-01-01 2023-12-31 03405275 uk-bus:Director3 2023-12-31 03405275 2022-12-31 03405275 2022-01-01 2022-12-31 03405275 uk-core:WithinOneYear 2022-12-31 03405275 uk-core:WithinOneYear 2023-12-31 03405275 uk-core:AfterOneYear 2022-12-31 03405275 uk-core:AfterOneYear 2023-12-31 03405275 uk-core:ShareCapital 2023-12-31 03405275 uk-core:ShareCapital 2022-12-31 03405275 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 03405275 uk-core:RetainedEarningsAccumulatedLosses 2022-12-31 03405275 uk-core:CostValuation 2022-12-31 03405275 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2022-12-31 03405275 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2023-12-31 03405275 uk-core:CostValuation 2023-12-31 03405275 uk-core:Non-currentFinancialInstruments 2023-12-31 03405275 uk-core:Non-currentFinancialInstruments 2022-12-31 iso4217:GBP xbrli:pure 03405275 uk-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 03405275 uk-bus:FRS102 2023-01-01 2023-12-31 03405275 uk-bus:FullAccounts 2023-01-01 2023-12-31 03405275 uk-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
Bono Properties Number Two Limited
Registered Number:03405275
For the year ended 31 December 2023
England and Wales
Report of the Directors and Unaudited Financial Statements
2
For the year ended 31 December 2023
Bono Properties Number Two Limited
Contents Page
1
Directors' Report
2
Income Statement
3
Statement of Financial Position
4 to 5
Notes to the Financial Statements
3
For the year ended 31 December 2023
Bono Properties Number Two Limited
Directors' Report
The director presents his report and accounts for the year ended 31 December 2023.
Principal activities
The principal activity of the company continued to be that of real estate property management.
Directors
The director who served the company throughout the year was as follows:
Erika Ansar
Hanah Willmott
Ambareen Rushd
Hanah Willmott
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.
Date:
24 June 2024
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4
For the year ended 31 December 2023
Bono Properties Number Two Limited
Income Statement
2022
£
2023
£
Notes
Turnover
335,516
285,551
2
285,551
Gross profit
335,516
Administrative expenses
(279,182)
(280,488)
Operating profit
56,334
5,063
56,334
5,063
Profit before taxation
(11,069)
(962)
Taxation
45,265
Profit for the financial year
4,101
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5
Registered Number :
03405275
As at 31 December 2023
Bono Properties Number Two Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Financial assets
217,138
217,138
3
217,138
217,138
Current assets
Trade and other receivables
81,089
74,472
4
126,231
Cash and cash equivalents
191,901
266,373
207,320
Trade and other payables: amounts falling due within one
year
(111,648)
(125,436)
5
95,672
140,937
Net current assets
Total assets less current liabilities
358,075
312,810
Trade and other payables: amounts falling due after more
than one year
(100,000)
(100,000)
6
258,075
Net assets
212,810
Capital and reserves
Called up share capital
2
2
Retained earnings
258,073
212,808
258,075
212,810
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 director acknowledges his 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.
Hanah Willmott
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 Number Two Limited
Notes to the Financial Statements
Statutory Information
Bono Properties Number Two Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 03405275.
Registered address:
Interpark House, 4th Floor
7 Down Street, London
W1J 7AJ
The presentation currency is £ sterling.
1. Accounting policies
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.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
2. Turnover
All turnover and profit on ordinary activities has been generated from the property management services and amounts to £335,516 (£285,552 in 2022). There is no relevant geographical analysis of turnover. The profit on ordinary activities before taxation amounted to £56,334 (£5,063 in 2022).
3. Investments held as fixed assets
Other investments
Total
At 01 January 2023
217,138
217,138
Cost
£
£
At 31 December 2023
217,138
217,138
At 31 December 2023
Net book value
217,138
217,138
At 01 January 2023
217,138
217,138
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For the year ended 31 December 2023
Bono Properties Number Two Limited
Notes to the Financial Statements Continued
4. Trade and other receivables
2022
2023
£
£
Other debtors
74,472
81,089
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Amounts owed to group undertaking and undertaking in which the
company has a participating interest
102,515
102,515
Taxation and social security
15,555
3,933
Other creditors
7,366
5,200
125,436
111,648
6. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Other creditors
100,000
100,000
7. Reserves
Retained Earnings B/Fwd = £212,808
Profit for the Y/E 31.12.23 = £45,265
Retained Earnings C/Fwd = £258,073
Profit and loss, retained earnings comprise of the above.
8. Average number of persons employed
During the year the average number of employees was 8 (2022 : 8)
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