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REGISTERED NUMBER: 02220269 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 March 2024

for

BBL Estates (Marlborough) Limited

BBL Estates (Marlborough) Limited (Registered number: 02220269)






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




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


BBL Estates (Marlborough) Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: R Bailey
N Sandford





SECRETARY: D Peel





REGISTERED OFFICE: 1 Stanyards Courtyard
Stanyards Farm
Chertsey Road
Chobham
Surrey
GU24 8JE





REGISTERED NUMBER: 02220269 (England and Wales)





ACCOUNTANTS: Ahmad York Limited
Chartered Certified Accountants
1 Stanyards Courtyard
Stanyards Farm
Chertsey Road
Chobham
Surrey
GU24 8JE

BBL Estates (Marlborough) Limited (Registered number: 02220269)

Abridged Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,209 2,743
Investment property 5 900,000 1,585,000
902,209 1,587,743

CURRENT ASSETS
Debtors 12,548 25,653
Investments 440,000 -
Cash at bank 199,607 77,162
652,155 102,815
CREDITORS
Amounts falling due within one year 71,788 58,860
NET CURRENT ASSETS 580,367 43,955
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,482,576

1,631,698

CREDITORS
Amounts falling due after more than one
year

-

(3,250

)

PROVISIONS FOR LIABILITIES (187,035 ) (173,421 )
NET ASSETS 1,295,541 1,455,027

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 6 633,772 1,052,487
Retained earnings 661,669 402,440
SHAREHOLDERS' FUNDS 1,295,541 1,455,027

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.

BBL Estates (Marlborough) Limited (Registered number: 02220269)

Abridged Statement of Financial Position - 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.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 12 November 2024 and were signed on its behalf by:





R Bailey - Director


BBL Estates (Marlborough) Limited (Registered number: 02220269)

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

1. STATUTORY INFORMATION

BBL Estates (Marlborough) 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 net invoiced rents receivable, 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.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

Financial instruments
The company only enters into basic financial instrument transactions in accordance with Section 11. Financial assets and liabilities are measured at cost and financial assets are assessed at the end of each reporting period for objective evidence of impairment.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 NIL (2023 - NIL).

BBL Estates (Marlborough) Limited (Registered number: 02220269)

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

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023 6,948
Additions 355
Disposals (166 )
At 31 March 2024 7,137
DEPRECIATION
At 1 April 2023 4,205
Charge for year 726
Eliminated on disposal (3 )
At 31 March 2024 4,928
NET BOOK VALUE
At 31 March 2024 2,209
At 31 March 2023 2,743

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2023 1,585,000
Disposals (535,000 )
Revaluations (150,000 )
At 31 March 2024 900,000
NET BOOK VALUE
At 31 March 2024 900,000
At 31 March 2023 1,585,000

Fair value at 31 March 2024 is represented by:
£   
Valuation in 1996 270,387
Valuation in 1999 300,000
Valuation in 2017 50,000
Valuation in 2018 150,000
Valuation in 2022 200,000
Valuation in 2024 (150,000 )
Cost 79,613
900,000

BBL Estates (Marlborough) Limited (Registered number: 02220269)

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

6. RESERVES
Fair
value
reserve
£   
At 1 April 2023 1,052,487
Fair value movement in
respect of investment property (418,715 )

At 31 March 2024 633,772