Company registration number 03103540 (England and Wales)
B D PROPERTIES LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
PAGES FOR FILING WITH REGISTRAR
B D PROPERTIES LTD
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
B D PROPERTIES LTD (REGISTERED NUMBER: 03103540)
BALANCE SHEET
AS AT
30 SEPTEMBER 2024
30 September 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Investment property
3
406,000
406,000
Current assets
Debtors
4
2,705
9,891
Cash at bank and in hand
64,081
61,172
66,786
71,063
Creditors: amounts falling due within one year
5
(12,961)
(13,495)
Net current assets
53,825
57,568
Total assets less current liabilities
459,825
463,568
Provisions for liabilities
(48,913)
(48,913)
Net assets
410,912
414,655
Capital and reserves
Called up share capital
120
100
Non-distributable profits reserve
6
149,815
149,815
Distributable profit and loss reserves
260,977
264,740
Total equity
410,912
414,655

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

B D PROPERTIES LTD (REGISTERED NUMBER: 03103540)
BALANCE SHEET (CONTINUED)
AS AT
30 SEPTEMBER 2024
30 September 2024
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 27 January 2025 and are signed on its behalf by:
Michael Brooker
Emma Pulman
Director
Director
B D PROPERTIES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 3 -
1
Accounting policies
Company information

B D Properties Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 3 London House, London Road, Crowborough, East Sussex, TN6 2TR.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention, modified to include investment properties at fair value. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Rental income is recognised straight line over the lease period

1.3
Investment property

Investment property, which is property held to earn rentals, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss. Investment property is not subject to depreciation.

1.4
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

B D PROPERTIES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 4 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
1
1
3
Investment property
2024
£
Fair value
At 1 October 2023 and 30 September 2024
406,000

Investment property comprises £406,000. The property valuations were arrived at by the directors best estimate.

4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
2,685
7,126
Other debtors
20
2,765
2,705
9,891
5
Creditors: amounts falling due within one year
2024
2023
£
£
Taxation and social security
4,092
6,295
Other creditors
8,869
7,200
12,961
13,495
B D PROPERTIES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 5 -
6
Non-distributable profits reserve
2024
2023
£
£
At the beginning of the year
149,815
318,139
Non distributable profits in the year
-
(168,324)
At the end of the year
149,815
149,815
2024-09-302023-10-01falsefalsefalse27 January 2025CCH SoftwareCCH Accounts Production 2024.301No description of principal activityMICHAEL BROOKERMrs E PulmanEmma Pulman031035402023-10-012024-09-30031035402024-09-30031035402023-09-3003103540core:CurrentFinancialInstrumentscore:WithinOneYear2024-09-3003103540core:CurrentFinancialInstrumentscore:WithinOneYear2023-09-3003103540core:CurrentFinancialInstruments2024-09-3003103540core:CurrentFinancialInstruments2023-09-3003103540core:ShareCapital2024-09-3003103540core:ShareCapital2023-09-3003103540core:FurtherSpecificReserve1ComponentTotalEquity2024-09-3003103540core:FurtherSpecificReserve1ComponentTotalEquity2023-09-3003103540core:RetainedEarningsAccumulatedLosses2024-09-3003103540core:RetainedEarningsAccumulatedLosses2023-09-3003103540bus:Director12023-10-012024-09-3003103540bus:CompanySecretaryDirector12023-10-012024-09-30031035402022-10-012023-09-30031035402023-09-3003103540core:WithinOneYear2024-09-3003103540core:WithinOneYear2023-09-3003103540bus:PrivateLimitedCompanyLtd2023-10-012024-09-3003103540bus:SmallCompaniesRegimeForAccounts2023-10-012024-09-3003103540bus:FRS1022023-10-012024-09-3003103540bus:AuditExemptWithAccountantsReport2023-10-012024-09-3003103540bus:Director22023-10-012024-09-3003103540bus:CompanySecretary12023-10-012024-09-3003103540bus:FullAccounts2023-10-012024-09-30xbrli:purexbrli:sharesiso4217:GBP