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REGISTERED NUMBER: 13731238 (England and Wales)












BB Primrose Ltd

Unaudited Financial Statements

for the Year Ended 30th November 2024






BB Primrose Ltd (Registered number: 13731238)






Contents of the Financial Statements
for the Year Ended 30th November 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


BB Primrose Ltd

Company Information
for the Year Ended 30th November 2024







DIRECTOR: Dr B Brazzini





REGISTERED OFFICE: Primrose Cottage
Fleet Hill
Finchampstead
Wokingham
RG40 4LH





REGISTERED NUMBER: 13731238 (England and Wales)





ACCOUNTANTS: Hodgsons
Chartered Accountants
48 Arwenack Street
Falmouth
Cornwall
TR11 3JH

BB Primrose Ltd (Registered number: 13731238)

Statement of Financial Position
30th November 2024

30.11.24 30.11.23
Notes £    £   
FIXED ASSETS
Investment property 4 499,000 499,000

CURRENT ASSETS
Debtors 5 2,112 2,062
Cash at bank 3,339 8,124
5,451 10,186
CREDITORS
Amounts falling due within one year 6 (312,105 ) (311,723 )
NET CURRENT LIABILITIES (306,654 ) (301,537 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

192,346

197,463

CREDITORS
Amounts falling due after more than one
year

7

(305,337

)

(305,312

)
NET LIABILITIES (112,991 ) (107,849 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (113,091 ) (107,949 )
(112,991 ) (107,849 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

BB Primrose Ltd (Registered number: 13731238)

Statement of Financial Position - continued
30th November 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 director and authorised for issue on 7th January 2025 and were signed by:





Dr B Brazzini - Director


BB Primrose Ltd (Registered number: 13731238)

Notes to the Financial Statements
for the Year Ended 30th November 2024

1. STATUTORY INFORMATION

BB Primrose Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

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.

Going concern
At the year end the company had net liabilities and is reliant on the continued support of the director and associated companies. The accounts have been prepared on the going concern basis and the director believes this is appropriate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

BB Primrose Ltd (Registered number: 13731238)

Notes to the Financial Statements - continued
for the Year Ended 30th November 2024

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st December 2023
and 30th November 2024 499,000
NET BOOK VALUE
At 30th November 2024 499,000
At 30th November 2023 499,000

Fair value at 30th November 2024 is represented by:
£   
Valuation in 2022 (96,985 )
Cost 595,985
499,000

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

30.11.24 30.11.23
£    £   
Cost 595,985 595,985

Investment property was valued on a fair value basis on 30th November 2024 by the director .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Other debtors - 1,962
Called up share capital not paid 100 100
Prepayments 2,012 -
2,112 2,062

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Other creditors 310,365 310,139
Accrued expenses 1,740 1,584
312,105 311,723

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.24 30.11.23
£    £   
Bank loans more 5 yr by instal 305,337 305,312

BB Primrose Ltd (Registered number: 13731238)

Notes to the Financial Statements - continued
for the Year Ended 30th November 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
30.11.24 30.11.23
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 305,337 305,312

8. SECURED DEBTS

The following secured debts are included within creditors:

30.11.24 30.11.23
£    £   
Bank loans 305,337 305,312

Fleet Mortgages Ltd hold a fixed charge on the property of the company