Registered number
11732392
B S ESTATES ( MIDLANDS) LTD
Filleted Accounts
31 December 2023
B S ESTATES ( MIDLANDS) LTD
Registered number: 11732392
Balance Sheet
as at 31 December 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 230,000 230,000
Current assets
Debtors 3 100 100
Cash at bank and in hand 1,596 2,088
1,696 2,188
Creditors: amounts falling due within one year 4 (106,680) (100,930)
Net current liabilities (104,984) (98,742)
Total assets less current liabilities 125,016 131,258
Creditors: amounts falling due after more than one year 5 (103,332) (114,911)
Net assets 21,684 16,347
Capital and reserves
Called up share capital 100 100
Profit and loss account 21,584 16,247
Shareholder's funds 21,684 16,347
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr Upkar Singh
Director
Approved by the board on 24 September 2024
B S ESTATES ( MIDLANDS) LTD
Notes to the Accounts
for the year ended 31 December 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings None
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 0 0
3 Debtors 2023 2022
£ £
Other debtors 100 100
4 Creditors: amounts falling due within one year 2023 2022
£ £
Director loan 101,120 97,119
Taxation and social security costs 5,560 3,811
106,680 100,930
5 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 103,332 114,911
6 Other information
B S ESTATES ( MIDLANDS) LTD is a private company limited by shares and incorporated in England. Its registered office is:
BS Estates
Dale Street
Bilston
West Midlands
WV14 7LE
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