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REGISTERED NUMBER: 14070265 (England and Wales)














Unaudited Financial Statements

for the Year Ended 30 April 2024

for

B&B PROPERTY DEVELOPERS PROJECTS LIMITED

B&B PROPERTY DEVELOPERS PROJECTS LIMITED (REGISTERED NUMBER: 14070265)






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&B PROPERTY DEVELOPERS PROJECTS LIMITED

Company Information
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: L Bayliss
A Bishop
A Meah





REGISTERED OFFICE: Unit 4a
Trecenydd Business Park
Caerphilly
CF83 2RZ





REGISTERED NUMBER: 14070265 (England and Wales)





ACCOUNTANTS: Hayvenhursts
Fairway House
Links Business Park
St Mellons
Cardiff
CF3 0LT

B&B PROPERTY DEVELOPERS PROJECTS LIMITED (REGISTERED NUMBER: 14070265)

Balance Sheet
30 APRIL 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,330 -

CURRENT ASSETS
Stocks 1,367,240 15,214
Debtors 5 14,972 1,666
Cash at bank 31,894 1,991
1,414,106 18,871
CREDITORS
Amounts falling due within one year 6 (1,390,299 ) (26,299 )
NET CURRENT ASSETS/(LIABILITIES) 23,807 (7,428 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,137

(7,428

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 8 25,037 (7,528 )
25,137 (7,428 )

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&B PROPERTY DEVELOPERS PROJECTS LIMITED (REGISTERED NUMBER: 14070265)

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 16 October 2024 and were signed on its behalf by:





A Bishop - Director


B&B PROPERTY DEVELOPERS PROJECTS LIMITED (REGISTERED NUMBER: 14070265)

Notes to the Financial Statements
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

B&B Property Developers Projects 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

B&B PROPERTY DEVELOPERS PROJECTS LIMITED (REGISTERED NUMBER: 14070265)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 APRIL 2024

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 1,520
At 30 April 2024 1,520
DEPRECIATION
Charge for year 190
At 30 April 2024 190
NET BOOK VALUE
At 30 April 2024 1,330

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 3,500 1,666
VAT 6,966 -
Prepayments 4,506 -
14,972 1,666

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 7)
1,191,777

-
Other loans (see note 7) 15,000 -
Trade creditors 47,452 -
Other creditors 136,070 26,067
Accrued expenses - 232
1,390,299 26,299

B&B PROPERTY DEVELOPERS PROJECTS LIMITED (REGISTERED NUMBER: 14070265)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 30 APRIL 2024

7. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 1,191,777 -
Other loans 15,000 -
1,206,777 -

8. RESERVES
Retained
earnings
£   

At 1 May 2023 (7,528 )
Profit for the year 32,565
At 30 April 2024 25,037

9. ULTIMATE CONTROLLING PARTY

The company is 100% owned by B&B Property Developers Ltd, a company registered in England & Wales.

10. RELATED PARTY TRANSACTIONS

Included within other debtors are the following balances at 30 April 2024 owed from related company's:

£2,000 - Ateb Groundworks Limited
£1,500 - B&B Property Developers Finance Ltd

Included within other creditors are the following balances at 30 April 2024 owed to related company's:

£5,800 - B&B Property Developers Management Limited
£94,661 - B&B Property Developers Ltd