1 December 2022 false No description of principal activity Taxfiler 2024.5 12996541business:PrivateLimitedCompanyLtd2022-12-012023-11-30 129965412022-11-30 129965412022-12-012023-11-30 12996541business:AuditExemptWithAccountantsReport2022-12-012023-11-30 12996541business:FilletedAccounts2022-12-012023-11-30 129965412023-11-30 129965412022-11-30 12996541core:WithinOneYear2023-11-30 12996541core:WithinOneYear2022-11-30 12996541core:AfterOneYear2023-11-30 12996541core:AfterOneYear2022-11-30 12996541core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 12996541core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 12996541core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 12996541core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 12996541core:PreviouslyStatedAmount2023-11-30 12996541core:PreviouslyStatedAmount2022-11-30 12996541business:SmallEntities2022-12-012023-11-30 12996541business:Director12022-12-012023-11-30 12996541countries:EnglandWales2022-12-012023-11-30 12996541business:RegisteredOffice2022-12-012023-11-30 129965412021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. 12996541 (England and Wales)
BK PROPERTIES CHORLEY LTD Unaudited accounts for the year ended 30 November 2023
BK PROPERTIES CHORLEY LTD Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Investment property
376,838 
584,683 
Current assets
Debtors
- 
1,550 
Cash at bank and in hand
14,616 
6,569 
14,616 
8,119 
Creditors: amounts falling due within one year
(128,128)
(238,312)
Net current liabilities
(113,512)
(230,193)
Total assets less current liabilities
263,326 
354,490 
Creditors: amounts falling due after more than one year
(235,703)
(352,423)
Net assets
27,623 
2,067 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
27,621 
2,065 
Shareholders' funds
27,623 
2,067 
For the year ending 30 November 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 23 August 2024 and were signed on its behalf by
BIJUMON KURIAN Director Company Registration No. 12996541
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BK PROPERTIES CHORLEY LTD Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
BK PROPERTIES CHORLEY LTD is a private company, limited by shares, registered in England and Wales, registration number 12996541. The registered office is 128 Preston Road, Chorley, Chorley, Lancashire, PR6 7AU, 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, held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit/loss. 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. The annual, fixed rate interest only mortgage payments applies to two properties.
4
Investment property
2023 
£ 
Fair value at 1 December 2022
584,683 
Additions
141,302 
Disposals
(349,147)
At 30 November 2023
376,838 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
1,550 
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BK PROPERTIES CHORLEY LTD Notes to the Accounts for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
5,995 
484 
Other creditors
625 
2,125 
Loans from directors
121,508 
235,703 
128,128 
238,312 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
- 
240,818 
Loans from directors
235,703 
111,605 
235,703 
352,423 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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