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Company Registration No. 12055894 (England and Wales)
B2v Property Investment Limited Unaudited accounts for the year ended 31 May 2024
B2v Property Investment Limited Unaudited accounts Contents
Page
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B2v Property Investment Limited Company Information for the year ended 31 May 2024
Director
Mr H Verest
Company Number
12055894 (England and Wales)
Registered Office
68a Horsegate Deeping St. James Peterborough Cambridgeshire PE6 8EW England
Accountants
Cedar House Accounting 67 Stephens Way Deeping St James Peterborough PE6 8EJ
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B2v Property Investment Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1 
56 
Investment property
517,358 
517,358 
517,359 
517,414 
Current assets
Debtors
850 
577 
Creditors: amounts falling due within one year
(511,445)
(510,606)
Net current liabilities
(510,595)
(510,029)
Net assets
6,764 
7,385 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
6,664 
7,285 
Shareholders' funds
6,764 
7,385 
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 January 2025 and were signed on its behalf by
Mr H Verest Director Company Registration No. 12055894
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B2v Property Investment Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
B2v Property Investment Limited is a private company, limited by shares, registered in England and Wales, registration number 12055894. The registered office is 68a Horsegate, Deeping St. James, Peterborough, Cambridgeshire, PE6 8EW, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
33.3% Straight Line
Computer equipment
33.3% Straight Line
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Parent Company
The immediate and ultimate parent company is B2V Management Limited, a company registered in England and Wales
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B2v Property Investment Limited Notes to the Accounts for the year ended 31 May 2024
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
5,835 
499 
6,334 
At 31 May 2024
5,835 
499 
6,334 
Depreciation
At 1 June 2023
5,835 
443 
6,278 
Charge for the year
- 
55 
55 
At 31 May 2024
5,835 
498 
6,333 
Net book value
At 31 May 2024
- 
1 
1 
At 31 May 2023
- 
56 
56 
5
Investment property
2024 
£ 
Fair value at 1 June 2023
517,358 
At 31 May 2024
517,358 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
850 
577 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Other creditors
511,445 
510,606 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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