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REGISTERED NUMBER: 11821735 (England and Wales)








Unaudited Financial Statements

for the Year Ended 30 April 2024

for

B&V Masonry Group Limited

B&V Masonry Group Limited (Registered number: 11821735)

Contents of the Financial Statements
for the Year Ended 30 April 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


B&V Masonry Group Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: S J Vanhinsbergh
J Vanhinsbergh





REGISTERED OFFICE: Shothanger Works
Kingsclere Road
Wootton St Lawrence
Basingstoke
Hampshire
RG23 8TH





REGISTERED NUMBER: 11821735 (England and Wales)





ACCOUNTANTS: Lane Monnington Welton
Chartered Accountants
Riverside View
Basing Road
Old Basing
Basingstoke
Hampshire
RG24 7AL

B&V Masonry Group Limited (Registered number: 11821735)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 18 70
Investment property 5 4,032,198 4,032,198
4,032,216 4,032,268

CURRENT ASSETS
Debtors 6 3,725,543 36,500
Cash at bank 512,764 370,114
4,238,307 406,614
CREDITORS
Amounts falling due within one year 7 749,308 507,307
NET CURRENT ASSETS/(LIABILITIES) 3,488,999 (100,693 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,521,215

3,931,575

CREDITORS
Amounts falling due after more than one
year

8

-

(271,873

)

PROVISIONS FOR LIABILITIES 10 (105,500 ) (105,500 )
NET ASSETS 7,415,715 3,554,202

CAPITAL AND RESERVES
Called up share capital 11 56 60
Capital redemption reserve 14 10
Retained earnings 7,415,645 3,554,132
SHAREHOLDERS' FUNDS 7,415,715 3,554,202

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

B&V Masonry Group Limited (Registered number: 11821735)

Balance Sheet - continued
30 April 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 23 September 2024 and were signed on its behalf by:





S J Vanhinsbergh - Director


B&V Masonry Group Limited (Registered number: 11821735)

Notes to the Financial Statements
for the Year Ended 30 April 2024


1. STATUTORY INFORMATION

B&V Masonry Group 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.

Preparation of consolidated financial statements
The financial statements contain information about B&V Masonry Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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.

Financial instruments
Debtors and creditors payable/receivable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price, including transaction costs. Subsequently they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

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.


B&V Masonry Group Limited (Registered number: 11821735)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date, adjusted for indexation where applicable.

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.

Impairment
Assets not measured at fair value are reviewed for any indication that an asset may be impaired at each balance sheet date. The directors review the carrying amount of the relevant assets and compare them to their market values and recoverable amounts. Where the carrying amount exceeds this, an impairment loss is recognised in profit or loss, unless the asset is carried at a revalued amount, where the impairment loss is a revaluation decrease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 May 2023 70
Disposals (52 )
At 30 April 2024 18
NET BOOK VALUE
At 30 April 2024 18
At 30 April 2023 70

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023
and 30 April 2024 4,032,198
NET BOOK VALUE
At 30 April 2024 4,032,198
At 30 April 2023 4,032,198

B&V Masonry Group Limited (Registered number: 11821735)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 500 36,500
Other debtors 3,725,043 -
3,725,543 36,500

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts - 58,308
Trade creditors 310,141 -
Taxation and social security 146,572 130,249
Other creditors 292,595 318,750
749,308 507,307

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans - 271,873

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal - 38,641

9. SECURED DEBTS

The following secured debts are included within creditors:

30.4.24 30.4.23
£    £   
Bank loans - 330,181

The company has fixed and floating charges secured over all of its property.

10. PROVISIONS FOR LIABILITIES
30.4.24 30.4.23
£    £   
Deferred tax 105,500 105,500

B&V Masonry Group Limited (Registered number: 11821735)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024


10. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 May 2023 105,500
Investment property provision
Balance at 30 April 2024 105,500

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
40 Ordinary A £1 40 40
16 Ordinary B £1 16 20
56 60

The share capital of the company is divided into Ordinary A shares and Ordinary B shares. All shares rank equally with for voting purposes but do not rank pari passu with each other in respect of dividends.

During the year, 4 Ordinary B shares were redeemed for consideration of £183,200 (2023: £170,000).