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Company Registration No. NI676903 (Northern Ireland)
BH Property Brothers Ltd Unaudited accounts for the year ended 31 March 2024
BH Property Brothers Ltd Unaudited accounts Contents
Page
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BH Property Brothers Ltd Company Information for the year ended 31 March 2024
Directors
Jamie Stevenson Wayne Stevenson
Company Number
NI676903 (Northern Ireland)
Registered Office
131a Newcastle Road Seaforde Downpatrick County Down BT30 8PR Northern Ireland
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BH Property Brothers Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
154,037 
440,344 
Current assets
Debtors
592,901 
157,835 
Cash at bank and in hand
271,719 
324,078 
864,620 
481,913 
Creditors: amounts falling due within one year
(8,409)
(791,371)
Net current assets/(liabilities)
856,211 
(309,458)
Total assets less current liabilities
1,010,248 
130,886 
Creditors: amounts falling due after more than one year
(1,085,001)
(210,000)
Net liabilities
(74,753)
(79,114)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(74,755)
(79,116)
Shareholders' funds
(74,753)
(79,114)
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 7 February 2025 and were signed on its behalf by
Jamie Stevenson Director Company Registration No. NI676903
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BH Property Brothers Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
BH Property Brothers Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI676903. The registered office is 131a Newcastle Road, Seaforde, Downpatrick, County Down, BT30 8PR, Northern Ireland.
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.
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:
Computer equipment
25% Straight line
4
Tangible fixed assets
Land & buildings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
440,344 
- 
440,344 
Additions
- 
1,607 
1,607 
Disposals
(287,680)
- 
(287,680)
At 31 March 2024
152,664 
1,607 
154,271 
Depreciation
Charge for the year
- 
234 
234 
At 31 March 2024
- 
234 
234 
Net book value
At 31 March 2024
152,664 
1,373 
154,037 
At 31 March 2023
440,344 
- 
440,344 
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BH Property Brothers Ltd Notes to the Accounts for the year ended 31 March 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
1,132 
- 
Amounts due from group undertakings etc.
106,968 
3,000 
Accrued income and prepayments
471,843 
141,877 
Other debtors
8,114 
12,958 
588,057 
157,835 
Amounts falling due after more than one year
Other debtors
4,844 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
1,369 
- 
Amounts owed to group undertakings and other participating interests
- 
785,001 
Taxes and social security
4,038 
3,270 
Other creditors
1,002 
- 
Accruals
2,000 
3,100 
8,409 
791,371 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
210,000 
Amounts owed to group undertakings and other participating interests
1,085,001 
- 
1,085,001 
210,000 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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