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REGISTERED NUMBER: 14667043 (England and Wales)















Unaudited Financial Statements

for the Period 16 February 2023 to 28 February 2024

for

Bvilla Limited

Bvilla Limited (Registered number: 14667043)






Contents of the Financial Statements
for the Period 16 February 2023 to 28 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Bvilla Limited

Company Information
for the Period 16 February 2023 to 28 February 2024







DIRECTORS: W Khan
M Shoaib





REGISTERED OFFICE: Unit 47
88-90 Hatton Garden
London
EC1N 8PN





REGISTERED NUMBER: 14667043 (England and Wales)





ACCOUNTANTS: Three Leaves
Chartered Certified Accountants
2 Manor House Lane
Datchet
Slough
Berkshire
SL3 9EB

Bvilla Limited (Registered number: 14667043)

Balance Sheet
28 February 2024

Notes £   
CURRENT ASSETS
Stocks 4 1,065,484

CREDITORS
Amounts falling due within one year 5 1,223,464
NET CURRENT LIABILITIES (157,980 )
TOTAL ASSETS LESS CURRENT LIABILITIES (157,980 )

CAPITAL AND RESERVES
Called up share capital 6 100
Retained earnings 7 (158,080 )
SHAREHOLDERS' FUNDS (157,980 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 February 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 February 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 14 November 2024 and were signed on its behalf by:





W Khan - Director


Bvilla Limited (Registered number: 14667043)

Notes to the Financial Statements
for the Period 16 February 2023 to 28 February 2024

1. STATUTORY INFORMATION

Bvilla 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.

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 period 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 period 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.

Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in life.

Borrowing costs
All borrowing costs are recognised in profit or loss in the period in which they are incurred.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

Bvilla Limited (Registered number: 14667043)

Notes to the Financial Statements - continued
for the Period 16 February 2023 to 28 February 2024

4. STOCKS
£   
Work-in-progress 1,065,484

This is the value of property under construction. This includes acquisition and development costs till the end of financial year.

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Fox - property loan facility 815,374
Other creditors 405,690
Accruals and deferred income 2,400
1,223,464

Included in other creditor there is an amount £360,352 (loan+interest accrued to date) payable to "Alliance Drug Development Limited" company registration number 07420683, owned and managed by the director "M Shoaib". This loan is payable on demand and interest is accrued at 10% per annum.

6. CALLED UP SHARE CAPITAL

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

7. RESERVES
Retained
earnings
£   

Deficit for the period (158,080 )
At 28 February 2024 (158,080 )