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REGISTERED NUMBER: 13426664 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2024

for

BPG (Southampton) Limited

BPG (Southampton) Limited (Registered number: 13426664)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BPG (Southampton) Limited

Company Information
for the Year Ended 31 May 2024







DIRECTORS: Mr M Ashraf Bajar
Mr. M Imran Bajar
Mr M Ehsaan Bajar





REGISTERED OFFICE: 62a London Road
Southampton
SO15 2AH





REGISTERED NUMBER: 13426664 (England and Wales)





ACCOUNTANTS: Thomas Croft Limited
Accountants And Taxation Consultants
Solent House
107a Alma Road
Portswood
Southampton
Hampshire
SO14 6UY

BPG (Southampton) Limited (Registered number: 13426664)

Balance Sheet
31 May 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,152,212 1,029,400

CURRENT ASSETS
Debtors 5 31,391 2,044
Cash at bank 6,077 12,949
37,468 14,993
CREDITORS
Amounts falling due within one year 6 203,982 74,710
NET CURRENT LIABILITIES (166,514 ) (59,717 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

985,698

969,683

CREDITORS
Amounts falling due after more than one
year

7

498,155

516,725
NET ASSETS 487,543 452,958

CAPITAL AND RESERVES
Called up share capital 8 600 200
Retained earnings 9 486,943 452,758
SHAREHOLDERS' FUNDS 487,543 452,958

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

BPG (Southampton) Limited (Registered number: 13426664)

Balance Sheet - continued
31 May 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 Board of Directors and authorised for issue on 24 February 2025 and were signed on its behalf by:





Mr M Ehsaan Bajar - Director


BPG (Southampton) Limited (Registered number: 13426664)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

BPG (Southampton) Limited 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.

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.

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 balance sheet date.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 June 2023 1,029,400
Additions 122,812
At 31 May 2024 1,152,212
NET BOOK VALUE
At 31 May 2024 1,152,212
At 31 May 2023 1,029,400

BPG (Southampton) Limited (Registered number: 13426664)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

4. INVESTMENT PROPERTY - continued

Fair value at 31 May 2024 is represented by:
£   
Valuation in 2024 1,152,212

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 16,646 -
Other debtors 13,386 -
Called up share capital not paid 50 50
Prepayments 1,309 1,994
31,391 2,044

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors 1,146 2
Corporation tax 10,594 8,756
VAT 4,915 3,527
Other creditors 24,400 6,933
Directors' current accounts 161,527 54,217
Accrued expenses 1,400 1,275
203,982 74,710

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.5.24 31.5.23
£    £   
Bank loans - 2-5 years 498,155 516,725

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
300 Ordinary A £1 300 200
300 Ordinary B £1 300 -
600 200

BPG (Southampton) Limited (Registered number: 13426664)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

9. RESERVES
Retained
earnings
£   

At 1 June 2023 452,758
Profit for the year 34,185
At 31 May 2024 486,943

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 May 2024 and 31 May 2023:

31.5.24 31.5.23
£    £   
Mr M Ashraf Bajar
Balance outstanding at start of year (4,083 ) (4,083 )
Amounts repaid (3,655 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (7,738 ) (4,083 )

Mr. M Imran Bajar
Balance outstanding at start of year (4,133 ) (4,133 )
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (4,133 ) (4,133 )

Mr M Ehsaan Bajar
Balance outstanding at start of year (46,000 ) -
Amounts repaid (103,655 ) (46,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (149,655 ) (46,000 )

11. RELATED PARTY DISCLOSURES

The company was under the control of the Mr M I Bajar & Mr M E Bajar throughout the current period.

No transactions with related parties were undertaken such as are required to be disclosed under Section 1a (Small Entities) for Financial Reporting Standard 102.