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REGISTERED NUMBER: 04803664 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Bridgestone Properties Limited

Bridgestone Properties Limited (Registered number: 04803664)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bridgestone Properties Limited

Company Information
for the Year Ended 30 November 2023







DIRECTOR: Mr Ajay Patel



SECRETARY: Tollgate (Secretarial) Limited



REGISTERED OFFICE: 6 Turnpike Lane
Hornsey
London
N8 0PT



REGISTERED NUMBER: 04803664 (England and Wales)



ACCOUNTANTS: ElanTax.com
Unit 3 Cedar Court
1 Royal Oak Yard
London
SE1 3GA



BANKERS: Santander UK plc
301 St Vincent Street
Glasgow
G2 5NB

Bridgestone Properties Limited (Registered number: 04803664)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 260,000 260,000

CURRENT ASSETS
Debtors 5 714 562
Cash at bank and in hand 13,487 5,885
14,201 6,447
CREDITORS
Amounts falling due within one year 6 2,468 2,461
NET CURRENT ASSETS 11,733 3,986
TOTAL ASSETS LESS CURRENT
LIABILITIES

271,733

263,986

CREDITORS
Amounts falling due after more than one
year

7

(24,698

)

(24,073

)

PROVISIONS FOR LIABILITIES (31,172 ) (31,172 )
NET ASSETS 215,863 208,741

CAPITAL AND RESERVES
Called up share capital 8 2 2
Revaluation reserve 9 164,063 164,063
Retained earnings 51,798 44,676
SHAREHOLDERS' FUNDS 215,863 208,741

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Bridgestone Properties Limited (Registered number: 04803664)

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 director and authorised for issue on 29 August 2024 and were signed by:





Mr Ajay Patel - Director


Bridgestone Properties Limited (Registered number: 04803664)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Bridgestone Properties 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 as modified by the revaluation of certain assets.

Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year.

Investment property
Investment property is shown at most recent valuation by the director. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year 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 year 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.

3. EMPLOYEES AND DIRECTORS

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

Bridgestone Properties Limited (Registered number: 04803664)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. INVESTMENTS
Total
£   
FAIR VALUE
At 1 December 2022
and 30 November 2023 260,000
NET BOOK VALUE
At 30 November 2023 260,000
At 30 November 2022 260,000

Director considers there has been no change since the last valuation.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Prepayments 714 562

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Tax 1,670 1,663
Accruals 798 798
2,468 2,461

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.11.23 30.11.22
£    £   
Other loans 24,698 24,073

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
2 Ordinary 1 2 2

9. RESERVES
Revaluation
reserve
£   
At 1 December 2022
and 30 November 2023 164,063

Bridgestone Properties Limited (Registered number: 04803664)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

10. RELATED PARTY DISCLOSURES

The company was under the control of Mr Amish Patel throughout the year. Prior to 28 January 2023 it was wholly under the control of Rajesh Patel.