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REGISTERED NUMBER: SC288409 (Scotland)













FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023

FOR

THE BUSINESS AND PROPERTY BUREAU LIMITED

THE BUSINESS AND PROPERTY BUREAU LIMITED (REGISTERED NUMBER: SC288409)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE BUSINESS AND PROPERTY BUREAU LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTORS: A H Burke
M Smith
A Monachan



SECRETARY: A H Burke



REGISTERED OFFICE: Melville House
70 Drymen Road
Bearsden
Glasgow
G61 2RH



REGISTERED NUMBER: SC288409 (Scotland)



ACCOUNTANTS: Bannerman Johnstone Maclay
213 St Vincent Street
Glasgow
G2 5QY



BANKERS: The Royal Bank of Scotland
36 St Andrews Square
Edinburgh
EH2 2YB

THE BUSINESS AND PROPERTY BUREAU LIMITED (REGISTERED NUMBER: SC288409)

BALANCE SHEET
31 AUGUST 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 299,200 178,650
Tangible assets 5 10,751 15,514
309,951 194,164

CURRENT ASSETS
Debtors 6 425,953 444,635
Cash at bank and in hand 76,338 79,097
502,291 523,732
CREDITORS
Amounts falling due within one year 7 510,411 510,389
NET CURRENT (LIABILITIES)/ASSETS (8,120 ) 13,343
TOTAL ASSETS LESS CURRENT
LIABILITIES

301,831

207,507

CREDITORS
Amounts falling due after more than one
year

8

309,547

177,938
NET (LIABILITIES)/ASSETS (7,716 ) 29,569

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings (8,716 ) 28,569
SHAREHOLDERS' FUNDS (7,716 ) 29,569

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

THE BUSINESS AND PROPERTY BUREAU LIMITED (REGISTERED NUMBER: SC288409)

BALANCE SHEET - continued
31 AUGUST 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 30 August 2024 and were signed on its behalf by:





A H Burke - Director


THE BUSINESS AND PROPERTY BUREAU LIMITED (REGISTERED NUMBER: SC288409)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023


1. STATUTORY INFORMATION

The Business and Property Bureau Limited is a private company, limited by shares , registered in Scotland. 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of businesses, is being amortised over its useful life.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost, 25% on cost and 12.5% on cost

THE BUSINESS AND PROPERTY BUREAU LIMITED (REGISTERED NUMBER: SC288409)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023


2. ACCOUNTING POLICIES - continued

Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include certain debtors and cash and bank balances, are initially measured at transaction price including transactions costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, including certain creditors, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2022 - 22 ) .

THE BUSINESS AND PROPERTY BUREAU LIMITED (REGISTERED NUMBER: SC288409)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023


4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2022 1,419,677
Additions 150,000
At 31 August 2023 1,569,677
AMORTISATION
At 1 September 2022 1,241,027
Charge for year 29,450
At 31 August 2023 1,270,477
NET BOOK VALUE
At 31 August 2023 299,200
At 31 August 2022 178,650


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2022
and 31 August 2023 81,321
DEPRECIATION
At 1 September 2022 65,807
Charge for year 4,763
At 31 August 2023 70,570
NET BOOK VALUE
At 31 August 2023 10,751
At 31 August 2022 15,514

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 27,072 18,551
Other debtors 398,881 426,084
425,953 444,635

THE BUSINESS AND PROPERTY BUREAU LIMITED (REGISTERED NUMBER: SC288409)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 31,203 -
Taxation and social security 167,281 207,054
Other creditors 311,927 303,335
510,411 510,389

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors 309,547 177,938