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REGISTERED NUMBER: 08067150 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Bilbrough Holdings Limited

Bilbrough Holdings Limited (Registered number: 08067150)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bilbrough Holdings Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: B Percival
Mrs R A Percival
M Percival





SECRETARY: B Percival





REGISTERED OFFICE: 4-6 Bridge Street
Tadcaster
North Yorkshire
LS24 9AL





REGISTERED NUMBER: 08067150 (England and Wales)





ACCOUNTANT: L Green & Co
Chartered Certified Accountants
Unit 6 Jupiter Business Park
353 Bentley Road
Bentley
Doncaster
South Yorkshire
DN5 9TJ

Bilbrough Holdings Limited (Registered number: 08067150)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 212,735 212,735
Investment property 5 409,261 369,261
621,996 581,996

CURRENT ASSETS
Debtors 6 7,823 5,916
Cash at bank and in hand 40,939 31,011
48,762 36,927
CREDITORS
Amounts falling due within one year 7 217,392 216,286
NET CURRENT LIABILITIES (168,630 ) (179,359 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

453,366

402,637

PROVISIONS FOR LIABILITIES 31,060 23,460
NET ASSETS 422,306 379,177

CAPITAL AND RESERVES
Called up share capital 4,501 4,501
Fair value reserve 8 146,940 114,540
Retained earnings 270,865 260,136
SHAREHOLDERS' FUNDS 422,306 379,177

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

Bilbrough Holdings Limited (Registered number: 08067150)

Balance Sheet - continued
31 March 2024


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 12 September 2024 and were signed on its behalf by:





M Percival - Director


Bilbrough Holdings Limited (Registered number: 08067150)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

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

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. 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 (2023 - NIL).

Bilbrough Holdings Limited (Registered number: 08067150)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2023
and 31 March 2024 212,735
NET BOOK VALUE
At 31 March 2024 212,735
At 31 March 2023 212,735

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 369,261
Revaluations 40,000
At 31 March 2024 409,261
NET BOOK VALUE
At 31 March 2024 409,261
At 31 March 2023 369,261

Fair value at 31 March 2024 is represented by:
£   
Valuation in 2019 138,000
Valuation in 2024 40,000
Cost 231,261
409,261

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 5,270 5,064
Other debtors 2,553 852
7,823 5,916

Bilbrough Holdings Limited (Registered number: 08067150)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors - (5 )
Amounts owed to group undertakings 208,794 208,794
Taxation and social security 6,498 5,997
Other creditors 2,100 1,500
217,392 216,286

8. RESERVES
Fair
value
reserve
£   
At 1 April 2023 114,540
Surplus on revaluation of investment
property

32,400


At 31 March 2024 146,940

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
B Percival
Balance outstanding at start of year - -
Amounts advanced 193 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 193 -

10. RELATED PARTY DISCLOSURES

Balances due to related parties at the year end are as follows:

Thomson & French Limited £208,334 (2023:£208,334)
Thomson & French Rentals Limited £460 (2023:£460)

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is The Beverley Laxdal Trust.