Company Registration No. 11971428 (England and Wales)
Bonacasa Property Management Ltd
Unaudited accounts
for the year ended 30 April 2024
Bonacasa Property Management Ltd
Unaudited accounts
Contents
Bonacasa Property Management Ltd
Company Information
for the year ended 30 April 2024
Director
Leticia Garcia Ventosa
Company Number
11971428 (England and Wales)
Registered Office
71-75 Shelton Street
London
WC2H 9JQ
United Kingdom
Accountants
Cloud Tax Ltd
9-11 New Broadway
Ealing
London
W5 5AW
Bonacasa Property Management Ltd
Statement of financial position
as at 30 April 2024
Investment property
120,000
100,000
Cash at bank and in hand
12,642
8,132
Creditors: amounts falling due within one year
(1,746)
(1,206)
Net current assets
10,896
8,309
Total assets less current liabilities
130,896
108,382
Creditors: amounts falling due after more than one year
(112,819)
(109,807)
Provisions for liabilities
Deferred tax
(1,377)
(1,377)
Net assets/(liabilities)
16,700
(2,802)
Called up share capital
1
1
Revaluation reserve
25,870
5,870
Profit and loss account
(9,171)
(8,673)
Shareholders' funds
16,700
(2,802)
For the year ending 30 April 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 her 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 31 January 2025 and were signed on its behalf by
Leticia Garcia Ventosa
Director
Company Registration No. 11971428
Bonacasa Property Management Ltd
Notes to the Accounts
for the year ended 30 April 2024
Bonacasa Property Management Ltd is a private company, limited by shares, registered in England and Wales, registration number 11971428. The registered office is 71-75 Shelton Street, London, WC2H 9JQ, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
4
Tangible fixed assets
Plant & machinery
Fair value at 1 May 2023
100,000
Net gain from fair value adjustments
20,000
Bonacasa Property Management Ltd
Notes to the Accounts
for the year ended 30 April 2024
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
8
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
36,506
34,807
9
Deferred taxation
2024
2023
Accelerated capital allowances
1,377
1,377
Provision at start of year
1,377
1,377
Provision at end of year
1,377
1,377
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).