23 April 2023 false No description of principal activity Taxfiler 2024.5 7054321business:PrivateLimitedCompanyLtd2023-04-232024-04-22 70543212023-04-22 70543212023-04-232024-04-22 7054321business:AuditExemptWithAccountantsReport2023-04-232024-04-22 7054321business:FilletedAccounts2023-04-232024-04-22 70543212024-04-22 7054321business:Director12023-04-232024-04-22 7054321business:Director22023-04-232024-04-22 7054321business:Director32023-04-232024-04-22 7054321business:RegisteredOffice2023-04-232024-04-22 70543212023-04-22 7054321core:WithinOneYear2024-04-22 7054321core:WithinOneYear2023-04-22 7054321core:ShareCapitalcore:PreviouslyStatedAmount2024-04-22 7054321core:ShareCapitalcore:PreviouslyStatedAmount2023-04-22 7054321core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-04-22 7054321core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-22 7054321core:PreviouslyStatedAmount2024-04-22 7054321core:PreviouslyStatedAmount2023-04-22 7054321business:SmallEntities2023-04-232024-04-22 7054321countries:EnglandWales2023-04-232024-04-22 7054321core:FurnitureFittings2023-04-232024-04-22 7054321core:FurnitureFittings2023-04-22 7054321core:FurnitureFittings2024-04-22 7054321business:OrdinaryShareClass12023-04-232024-04-22 7054321business:OrdinaryShareClass12022-04-232023-04-22 7054321business:OrdinaryShareClass22023-04-232024-04-22 7054321business:OrdinaryShareClass22022-04-232023-04-22 7054321business:OrdinaryShareClass32023-04-232024-04-22 7054321business:OrdinaryShareClass32022-04-232023-04-22 7054321business:OrdinaryShareClass42023-04-232024-04-22 7054321business:OrdinaryShareClass42022-04-232023-04-22 7054321business:OrdinaryShareClass52023-04-232024-04-22 7054321business:OrdinaryShareClass52022-04-232023-04-22 7054321business:AllOrdinaryShares2023-04-232024-04-22 7054321business:AllOrdinaryShares2022-04-232023-04-22 70543212022-04-232023-04-22 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 7054321 (England and Wales)
BKI Lets Limited Unaudited accounts for the year ended 22 April 2024
BKI Lets Limited Unaudited accounts Contents
Page
- 2 -
BKI Lets Limited Company Information for the year ended 22 April 2024
Directors
W Moore I Moore K Moore
Company Number
7054321 (England and Wales)
Registered Office
175 Nottingham Road Ashby de la Zouch Leicestershire LE65 1DP
Accountants
Shelton Accountancy Services 51 Beaumont Avenue Ashby de la Zouch Leicestershire LE65 2NF
- 3 -
BKI Lets Limited Statement of financial position as at 22 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
17,710 
10,562 
Investment property
705,000 
705,000 
722,710 
715,562 
Current assets
Cash at bank and in hand
16,749 
22,624 
Creditors: amounts falling due within one year
(40,201)
(39,941)
Net current liabilities
(23,452)
(17,317)
Total assets less current liabilities
699,258 
698,245 
Provisions for liabilities
Deferred tax
(94,398)
(93,040)
Net assets
604,860 
605,205 
Capital and reserves
Called up share capital
300 
300 
Profit and loss account
604,560 
604,905 
Shareholders' funds
604,860 
605,205 
For the year ending 22 April 2024 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 18 September 2024 and were signed on its behalf by
W Moore Director Company Registration No. 7054321
- 4 -
BKI Lets Limited Notes to the Accounts for the year ended 22 April 2024
1
Statutory information
BKI Lets Limited is a private company, limited by shares, registered in England and Wales, registration number 7054321. The registered office is 175 Nottingham Road, Ashby de la Zouch, Leicestershire, LE65 1DP.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Investment property
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
- 5 -
BKI Lets Limited Notes to the Accounts for the year ended 22 April 2024
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 23 April 2023
25,393 
Additions
14,885 
At 22 April 2024
40,278 
Depreciation
At 23 April 2023
14,831 
Charge for the year
7,737 
At 22 April 2024
22,568 
Net book value
At 22 April 2024
17,710 
At 22 April 2023
10,562 
5
Investment property
2024 
£ 
Fair value at 23 April 2023
705,000 
At 22 April 2024
705,000 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
3,372 
- 
Taxes and social security
1,376 
4,581 
Other creditors
13,365 
13,572 
Loans from directors
21,388 
21,388 
Accruals
700 
400 
40,201 
39,941 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary A shares of £1 each
100 
100 
100 Ordinary B shares of £1 each
100 
100 
50 Ordinary C shares of £1 each
50 
50 
40 Ordinary D shares of £1 each
40 
40 
10 Ordinary E shares of £1 each
10 
10 
300 
300 
- 6 -
BKI Lets Limited Notes to the Accounts for the year ended 22 April 2024
8
Transactions with related parties
All dividends were paid to K L Moore. At the year end the company owed Mr W Moore, a director of BKI Lets Limited, £21,388 (2023 - £21,388). This loan is interest free and repayable on demand. At the year end the company owed Power Corrosion (Consultants) Limited, a company in which Mr W Moore is also a director, £13,000 (2023 - £13,000).
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
- 7 -