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REGISTERED NUMBER: 10696758 (England and Wales)















BXB Developments Limited

Unaudited Financial Statements

for the Year Ended 31st March 2024






BXB Developments Limited (Registered number: 10696758)






Contents of the Financial Statements
for the year ended 31st March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 4


BXB Developments Limited

Company Information
for the year ended 31st March 2024







DIRECTORS: R A Brown
D M Brown





REGISTERED OFFICE: 310 Wellingborough Road
Northampton
Northamptonshire
NN1 4EP





BUSINESS ADDRESS: 19 Ferro Fields
Brixworth Industrial Estate
Brixworth
Northamptonshire
NN6 9UA





REGISTERED NUMBER: 10696758 (England and Wales)





ACCOUNTANTS: Cheney & Co
310 Wellingborough Road
Northampton
NN1 4EP

BXB Developments Limited (Registered number: 10696758)

Balance Sheet
31st March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 332,382 332,382

CURRENT ASSETS
Cash at bank and in hand 314 1,030

CREDITORS
Amounts falling due within one year 6 140,138 146,113
NET CURRENT LIABILITIES (139,824 ) (145,083 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

192,558

187,299

CREDITORS
Amounts falling due after more than one
year

7

178,557

176,588
NET ASSETS 14,001 10,711

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 13,901 10,611
SHAREHOLDERS' FUNDS 14,001 10,711

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 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.

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 23rd December 2024 and were signed on its behalf by:





R A Brown - Director


BXB Developments Limited (Registered number: 10696758)

Notes to the Financial Statements
for the year ended 31st March 2024

1. STATUTORY INFORMATION

BXB Developments 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.

The presentation currency of the financial statements is the Pound Sterling (£).


The principal activity of the company in the year under review was that of property development.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistency applied to all years presented unless otherwise stated.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - Nil

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

5. TANGIBLE FIXED ASSETS
Freehold
property
£   
COST
At 1st April 2023
and 31st March 2024 332,382
NET BOOK VALUE
At 31st March 2024 332,382
At 31st March 2023 332,382

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts (see note 8) 10,814 13,589
Amounts owed to group undertakings 117,772 117,772
Taxation and social security 6,752 5,395
Other creditors 4,800 9,357
140,138 146,113

BXB Developments Limited (Registered number: 10696758)

Notes to the Financial Statements - continued
for the year ended 31st March 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans (see note 8) 178,557 176,588

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 125,051 118,424

8. LOANS

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 10,814 13,589

Amounts falling due between one and two years:
Bank loans - 1-2 years 11,925 13,960

Amounts falling due between two and five years:
Bank loans - 2-5 years 41,581 44,204

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 125,051 118,424

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100