Registered number
13370688
BUTTAR CONSTRUCTION (UK) LIMITED
Filleted Accounts
30 April 2024
BUTTAR CONSTRUCTION (UK) LIMITED
Registered number: 13370688
Balance Sheet
as at 30 April 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 104,611 21,207
Current assets
Debtors 4 3,126,041 3,294,380
Cash at bank and in hand 75,674 28,650
3,201,715 3,323,030
Creditors: amounts falling due within one year 5 (2,727,192) (2,838,423)
Net current assets 474,523 484,607
Net assets 579,134 505,814
Capital and reserves
Called up share capital 100,000 100,000
Profit and loss account 479,134 405,814
Shareholders' funds 579,134 505,814
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Harpreet Kaur
Director
Approved by the board on 4 February 2025
BUTTAR CONSTRUCTION (UK) LIMITED
Notes to the Accounts
for the year ended 30 April 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 9 15
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 May 2023 27,305 - 27,305
Additions 32,474 77,083 109,557
At 30 April 2024 59,779 77,083 136,862
Depreciation
At 1 May 2023 6,098 - 6,098
Charge for the year 10,736 15,417 26,153
At 30 April 2024 16,834 15,417 32,251
Net book value
At 30 April 2024 42,945 61,666 104,611
At 30 April 2023 21,207 - 21,207
4 Debtors 2024 2023
£ £
Trade debtors 268,508 500
Amounts owed by group undertakings and undertakings in which the company has a participating interest 2,776,420 3,145,270
Other debtors 81,113 148,610
3,126,041 3,294,380
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 29,860 24,247
Trade creditors 1,920,156 534,663
Taxation and social security costs (80,126) 87,695
Other creditors 857,302 2,191,818
2,727,192 2,838,423
6 Related party transactions 2024 2023
£ £
BCL Group Limited
Common director
Included within group undertakings is an amount receivable of: 2,774,920 3,145,270
Buttar Construction Limited
Common director
During the year Buttar Construction Limited charged management fees of: 110,000 110,000
Quest House Hounslow Limited
Common director
During the year the company charged Quest House Hounslow Limited development fee of: - 2,912,762
Meadow House Property Limited
Common director
During the year the company charged Meadow House Property Limited development fee of: 1,109,800 2,297,904
Included within other creditors is an amount payable of: 350,000 600,000
Simrit Developments Limited
Common director
During the year the company charged Equipoise House Property Limited development fee of: 3,987,530 -
Wiltshire Court Property Limited
Common director
During the year the company charged Wiltshire Court Property Limited development fee of: 415,239 415,239
Included within other creditor is an amount payable of: 10,000 10,000
Wiltshire Court Property Limited
Common director
During the year the company charged Wiltshire Court Property Limited development fee of: - 774,000
Falcon House Property Limited
Common director
Included within other creditor is an amount payable of: - 672,500
7 Controlling party
The company is under the control of BCL Group Limited registered at Unit 9, Hounslow Business Park, Alice Way, Hounslow, Middlesex, TW3 3UD. The parent company has taken exemption available being a small group not to prepare a consolidated accounts.
8 Other information
BUTTAR CONSTRUCTION (UK) LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
Unit 9, Hounslow Business Park,
Alice Way,
Hounslow
Middlesex
TW3 3UD
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