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REGISTERED NUMBER: 04119184 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024

FOR

B.D.J. ESTATES LIMITED

B.D.J. ESTATES LIMITED (REGISTERED NUMBER: 04119184)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


B.D.J. ESTATES LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2024







DIRECTORS: B R Dove
D Rivolta
J Rivolta





SECRETARY: Mrs L Dove





REGISTERED OFFICE: 34 Ormside Way
Holmethorpe Industrial Estate
Redhill
Surrey
RH1 2LW





REGISTERED NUMBER: 04119184 (England and Wales)





ACCOUNTANTS: Waight & Company Ltd
Trading as WaightSharnock
8 Lonsdale Gardens
Tunbridge Wells
Kent
TN1 1NU

B.D.J. ESTATES LIMITED (REGISTERED NUMBER: 04119184)

BALANCE SHEET
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,032,877 1,034,873
Investments 5 300,300 300,300
1,333,177 1,335,173

CURRENT ASSETS
Debtors 6 517 -

CREDITORS
Amounts falling due within one year 7 727,355 687,475
NET CURRENT LIABILITIES (726,838 ) (687,475 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

606,339

647,698

CREDITORS
Amounts falling due after more than one year 8 (317,073 ) (352,193 )

PROVISIONS FOR LIABILITIES (4,045 ) (4,045 )
NET ASSETS 285,221 291,460

CAPITAL AND RESERVES
Called up share capital 98 98
Revaluation reserve 10 255,349 255,349
Retained earnings 29,774 36,013
SHAREHOLDERS' FUNDS 285,221 291,460

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.

B.D.J. ESTATES LIMITED (REGISTERED NUMBER: 04119184)

BALANCE SHEET - continued
31 March 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 7 November 2024 and were signed on its behalf by:





J Rivolta - Director


B.D.J. ESTATES LIMITED (REGISTERED NUMBER: 04119184)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

B.D.J. Estates 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.

Turnover
Turnover represents rental income and service charges, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - not provided
Short leasehold - 10% on cost

No depreciation has been provided on the freehold property, which is carried at valuation.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

B.D.J. ESTATES LIMITED (REGISTERED NUMBER: 04119184)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Freehold Short
property leasehold Totals
£    £    £   
COST OR VALUATION
At 1 April 2023
and 31 March 2024 1,032,877 91,975 1,124,852
DEPRECIATION
At 1 April 2023 - 89,979 89,979
Charge for year - 1,996 1,996
At 31 March 2024 - 91,975 91,975
NET BOOK VALUE
At 31 March 2024 1,032,877 - 1,032,877
At 31 March 2023 1,032,877 1,996 1,034,873

Cost or valuation at 31 March 2024 is represented by:

Freehold Short
property leasehold Totals
£    £    £   
Valuation in 2006 20,681 - 20,681
Valuation in 2009 82,100 - 82,100
Valuation in 2010 43,007 - 43,007
Valuation in 2017 109,561 - 109,561
Cost 777,528 91,975 869,503
1,032,877 91,975 1,124,852

If freehold property had not been revalued it would have been included at the following historical cost:

31.3.24 31.3.23
£    £   
Cost 581,179 581,179

Freehold land and buildings were valued on an open market basis on 31 March 2024 by The Directors .

B.D.J. ESTATES LIMITED (REGISTERED NUMBER: 04119184)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 April 2023
and 31 March 2024 300,300
NET BOOK VALUE
At 31 March 2024 300,300
At 31 March 2023 300,300

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Other debtors 517 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 67,139 77,450
Trade creditors - (46 )
Taxation and social security 13,763 20,770
Other creditors 646,453 589,301
727,355 687,475

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 317,073 352,193

9. SECURED DEBTS

The following secured debts are included within creditors:

31.3.24 31.3.23
£    £   
Bank loans 368,039 403,159

The bank loan is secured by:
- a first legal charge over the freehold property
- a joint and several guarantee for £75,000 given by the directors, B Dove, J Rivolta and D Rivolta
- a fixed and floating charge over all assets of the company
- an unlimited guarantee given by About Roofing Supplies Limited (see Related Party Disclosure Note)

B.D.J. ESTATES LIMITED (REGISTERED NUMBER: 04119184)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024

10. RESERVES
Revaluation
reserve
£   
At 1 April 2023
and 31 March 2024 255,349

11. RELATED PARTY DISCLOSURES

During the year, total dividends of £37,955 (2023 - £35,461) were paid to the directors .

A dividend of £18,545 (2023 - £19,257) was paid to the spouse of a director.


The company made sales to a company controlled by its directors, About Roofing Suppliers Limited, of £148,750 (2023 - £159,583) and made purchases of £10,141 (2023 - £24,426).

Amount due to About Roofing Supplies at the balance sheet date was £266,407 (2023 - £312,996)


The company made purchases from its subsidiary, About Roofing Limited, of £35,000 (2023 - £nil)

Amount due to About Roofing Limited at the balance sheet date was £316,505 (2023 - £274,505)


The company has an amount due to a company controlled by its directors, About Building Supplies Limited of £61,741 (2023 - £nil)

12. ULTIMATE CONTROLLING PARTY

There is no controlling party.