IRIS Accounts Production v24.2.0.383 02864120 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false Ordinary 1.00000 Non-cumulative preference 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh028641202022-12-31028641202023-12-31028641202023-01-012023-12-31028641202021-12-31028641202022-01-012022-12-31028641202022-12-3102864120ns15:EnglandWales2023-01-012023-12-3102864120ns14:PoundSterling2023-01-012023-12-3102864120ns10:Director12023-01-012023-12-3102864120ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3102864120ns10:SmallEntities2023-01-012023-12-3102864120ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3102864120ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3102864120ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3102864120ns10:FullAccounts2023-01-012023-12-3102864120ns10:OrdinaryShareClass12023-01-012023-12-3102864120ns10:OrdinaryShareClass22023-01-012023-12-3102864120ns10:Director22023-01-012023-12-3102864120ns10:CompanySecretary12023-01-012023-12-3102864120ns10:RegisteredOffice2023-01-012023-12-3102864120ns5:CurrentFinancialInstruments2023-12-3102864120ns5:CurrentFinancialInstruments2022-12-3102864120ns5:ShareCapital2023-12-3102864120ns5:ShareCapital2022-12-3102864120ns5:RetainedEarningsAccumulatedLosses2023-12-3102864120ns5:RetainedEarningsAccumulatedLosses2022-12-3102864120ns5:PlantMachinery2023-01-012023-12-3102864120ns5:PlantMachinery2022-12-3102864120ns5:PlantMachinery2023-12-3102864120ns5:PlantMachinery2022-12-3102864120ns5:CostValuation2022-12-3102864120ns5:AdditionsToInvestments2023-12-3102864120ns5:DisposalsRepaymentsInvestments2023-12-3102864120ns5:RevaluationsIncreaseDecreaseInInvestments2023-12-3102864120ns5:CostValuation2023-12-3102864120ns10:OrdinaryShareClass12023-12-3102864120ns10:OrdinaryShareClass22023-12-3102864120ns5:RetainedEarningsAccumulatedLosses2022-12-3102864120ns5:RetainedEarningsAccumulatedLosses2023-01-012023-12-31
REGISTERED NUMBER: 02864120 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 December 2023

for

B D C Homes Limited

B D C Homes Limited (Registered number: 02864120)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


B D C Homes Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: C B Horne
J E Horne





SECRETARY: C B Horne





REGISTERED OFFICE: Shadwell House
65 Lower Green Road
Tunbridge Wells
Kent
TN4 8TW





REGISTERED NUMBER: 02864120 (England and Wales)





ACCOUNTANTS: Peter Hodgson & Co.
Chartered Accountants
Shadwell House
65 Lower Green Road
Tunbridge Wells
Kent
TN4 8TW

B D C Homes Limited (Registered number: 02864120)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 151 201
Investments 5 392,073 353,715
392,224 353,916

CURRENT ASSETS
Debtors 6 - 2,126
Cash at bank 3,137 17,314
3,137 19,440
CREDITORS
Amounts falling due within one year 7 1,983 3,209
NET CURRENT ASSETS 1,154 16,231
TOTAL ASSETS LESS CURRENT
LIABILITIES

393,378

370,147

CAPITAL AND RESERVES
Called up share capital 8 155,000 155,000
Retained earnings 9 238,378 215,147
SHAREHOLDERS' FUNDS 393,378 370,147

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 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 19 September 2024 and were signed on its behalf by:




C B Horne - Director


B D C Homes Limited (Registered number: 02864120)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

B D C Homes 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.

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 - 25% on reducing balance

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.

Functional currency
The functional and presentational currency used by the company is £ stg.

Financial instruments
Basic financial instruments comprising bank balances, debtors and creditors are disclosed at fair value.

Going concern
The directors consider the company to be a going concern and the accounts have been drawn up on that basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

B D C Homes Limited (Registered number: 02864120)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 January 2023
and 31 December 2023 2,932
DEPRECIATION
At 1 January 2023 2,731
Charge for year 50
At 31 December 2023 2,781
NET BOOK VALUE
At 31 December 2023 151
At 31 December 2022 201

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 January 2023 353,715
Additions 33,068
Disposals (28,898 )
Revaluations 34,188
At 31 December 2023 392,073
NET BOOK VALUE
At 31 December 2023 392,073
At 31 December 2022 353,715

Cost or valuation at 31 December 2023 is represented by:

Other
investments
£   
Valuation in 2023 392,073

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Corporation tax repayable - 2,126

B D C Homes Limited (Registered number: 02864120)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Tax 616 -
Directors' current accounts 467 1,367
Accruals and deferred income 900 1,842
1,983 3,209

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
115,000 Ordinary 1 115,000 115,000
40,000 Non-cumulative preference 1 40,000 40,000
155,000 155,000

9. RESERVES
Retained
earnings
£   

At 1 January 2023 215,147
Profit for the year 54,231
Dividends (31,000 )
At 31 December 2023 238,378