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REGISTERED NUMBER: 11892333 (England and Wales)




















Financial Statements

for the Year Ended 31 March 2024

for

BDS SANCTUARY LIMITED

BDS SANCTUARY LIMITED (REGISTERED NUMBER: 11892333)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BDS SANCTUARY LIMITED

Company Information
for the Year Ended 31 March 2024







DIRECTORS: A P Lim
L C Choo





REGISTERED OFFICE: 143 Station Road
Hampton
Middlesex
TW12 2AL





REGISTERED NUMBER: 11892333 (England and Wales)





ACCOUNTANTS: Alvis & Company (Accountants) Limited
143 Station Road
Hampton
Middlesex
TW12 2AL

BDS SANCTUARY LIMITED (REGISTERED NUMBER: 11892333)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   
FIXED ASSETS
Intangible assets 4 - 2,570
Tangible assets 5 - 667
Investment property 6 87,670 87,670
87,670 90,907

CURRENT ASSETS
Debtors 7 1,165 1,164
Cash at bank 9,491 9,746
10,656 10,910
CREDITORS
Amounts falling due within one year 8 (101,373 ) (104,562 )
NET CURRENT LIABILITIES (90,717 ) (93,652 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(3,047

)

(2,745

)

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings (3,147 ) (2,845 )
SHAREHOLDERS' FUNDS (3,047 ) (2,745 )

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.

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 13 August 2024 and were signed on its behalf by:



A P Lim - Director


BDS SANCTUARY LIMITED (REGISTERED NUMBER: 11892333)

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

1. STATUTORY INFORMATION

BDS Sanctuary 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.

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Business Know How are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - Straight line over 3 years

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

BDS SANCTUARY LIMITED (REGISTERED NUMBER: 11892333)

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

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2023
and 31 March 2024 12,850
AMORTISATION
At 1 April 2023 10,280
Charge for year 2,570
At 31 March 2024 12,850
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 2,570

5. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2023
and 31 March 2024 1,999
DEPRECIATION
At 1 April 2023 1,332
Charge for year 667
At 31 March 2024 1,999
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 667

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023
and 31 March 2024 87,670
NET BOOK VALUE
At 31 March 2024 87,670
At 31 March 2023 87,670

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 1,165 1,164

BDS SANCTUARY LIMITED (REGISTERED NUMBER: 11892333)

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

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors - 240
Taxation and social security 689 828
Other creditors 100,684 103,494
101,373 104,562

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary £1 100 100

10. GOING CONCERN

The Directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis in preparing the annual financial statements.