Registered number
05061933
BCH ESTATES LIMITED
Audited Consolidated Report and Accounts
For the year ended
31 March 2024
BCH ESTATES LIMITED
Report and accounts
Contents of the Consolidated Financial Statements
Page
Company information 1
Directors' report 2
Statement of directors' responsibilities 3
Group Strategic report 4
Independent auditor's report 5-7
Consolidated Income statement 8
Consolidated Balance sheet 9
Consolidated Statement of changes in equity 10
Company Balance Sheet 11
Company Statement of changes in equity 12
Consolidated Statement of cash flows 13
Notes to the Consolidated financial statements 14-18
The following notes do not form part of the statutory accounts
The trading, profit and loss account 19
Schedule to the trading, profit and loss 20
BCH ESTATES LIMITED
Company Information
Directors
Mr Ejaz Raja
Mr Bilal Raja
Mr Jabriel Raja
Ms Abeer Raja
Ms Amal Raja
Auditors
Sawhney Consulting
Harrow Business Centre
429-433 Pinner Road
North Harrow
Middlesex
HA1 4HN
Registered office
Suite 311, Harrow Business Centre
429-433 Pinner Road
Harrow
United Kingdom
HA1 4HN
Registered number
05061933
BCH ESTATES LIMITED
Registered number: 05061933
Directors' Report
The directors present their report and financial statements of the company and the group for the year ended 31 March 2024.
Dividends
Dividend of £143,750 were paid during the current year.
Directors
The following persons served as directors during the year:
Mr Ejaz Raja
Mr Bilal Raja
Mr Jabriel Raja
Ms Abeer Raja
Ms Amal Raja
Disclosure of information to auditors
Each person who was a director at the time this report was approved confirms that:
so far as he is aware, there is no relevant audit information of which the company's auditor is unaware; and
he has taken all the steps that he ought to have taken as a director in order to make himself aware of any relevant audit information and to establish that the company's auditor is aware of that information.
This report was approved by the board on 18 March 2025 and signed by its order.
Mr Ejaz Raja
Director
BCH ESTATES LIMITED
Statement of Directors' Responsibilities
The directors are responsible for preparing the Group Strategic report, report of the director's and financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (Financial Reporting Standard 102 and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the group and of the profit or loss of the company and the group for that period. In preparing these financial statements, the directors are required to:
select suitable accounting policies and then apply them consistently;
make judgements and estimates that are reasonable and prudent;
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company and the group will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's and the group's transactions and disclose with reasonable accuracy at any time the financial position of the company and the group and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and the group and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
BCH ESTATES LIMITED
Group Strategic Report
The director presents the strategic report of the group for the period ended 31 March 2024.
Business review
The directors consider that the key performance indicators of the group to be turnover, operating profit and net financial debt.
Trading results
Consolidated turnover of the group for the period ended 31 March 2024 was £8,300,667 (2023 : £5,817,116). Consolidated operating profit before taxation was £618,884 (2023: £1,225,315)
Business Environment
The care home market is competitive and highly regulated. The group companies hold licence to operate the care home and receives regular inspections from Care Quality Commission and other agencies. The group companies continue to work with relevant authorities to maintain and improve the standard of care that management strives to provide.
Strategy
The group is committed to the provision of care, where each person is treated as an individual within a community that supports activity, independence and choice. The group will continue to provide attractive working environment with the aim to retain quality nursing and other qualified team members. The group will reply on professionalism and efficiency of their quality staff to satisfy the needs of residents and to ensure smooth running of the home which in turn will provide an atmosphere to attract new residents.
Principal risks and uncertainties
The principal risks and uncertainties facing the group are as follows:

The principal commercial risk that the group faces is a loss of reputation of the care home through any adverse reports from the relevant regulators. The directors have made arrangements to ensure that standards are maintained and enhanced through their support and the employment and retention of professional staff members and the maintenance of high quality facilities.
The principal financial risk to the group is attributable to its bank loan. The group maintains a liquidity buffer which is based on its liquidity needs. The liquidity buffer is monitored on a daily basis to ensure there are sufficient liquid assets to meet all of its financial obligations including bank loan interest and capital repayments. The group balance sheet is strong to meet its all financial commitments.
Key Performance Indicators
The directors, who are the key management, use financial measures such as profitability, turnover and qualified staff to monitor performance as these are considered to be the main drivers of the continued success of the company. Turnover and profitability are measured on the same basis as that seen in the profit and loss account.
This report was approved by the board on 18 March 2025 and signed on its behalf.
Mr Ejaz Raja
Director
BCH ESTATES LIMITED
Independent auditor's report
to the member of BCH ESTATES LIMITED
Opinion
We have audited the financial statements of BCH Estates Limited (the "parent Company") and its subsidiaries (the "group") for the period ended 31 March 2024 which comprise the Income Statement, the Statement of Financial Position, the Statement of Changes in Equity, the Statement of Cash Flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's and the group's members as a body, for our audit work, for this report, or for the opinions we have formed.
In our opinion the financial statements:
give a true and fair view of the state of the group's and of the parent company's affairs as at 31 March 2024 and of Group's profit for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice;
have been prepared in accordance with the requirements of the Companies Act 2006.
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least 12 months from the date when the financial statements are authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
Other information
The other information comprises the information included in the report and financial statements, other than the financial statements and our auditor's report thereon. The directors are responsible for the other information. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
Opinions on other matters prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
the information given in the Group strategic report and the directors’ report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
the Group strategic report and the directors’ report have been prepared in accordance with applicable legal requirements.
Matters on which we are required to report by exception
In the light of the knowledge and understanding of the group and the parent company and its environment obtained in the course of the audit, we have not identified material misstatements in the Group strategic report or the directors’ report.
We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:
adequate accounting records have not been kept by the parent company , or returns adequate for our audit have not been received from branches not visited by us; or
the parent company financial statements are not in agreement with the accounting records and returns; or
certain disclosures of directors’ remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit; or
the directors were not entitled to prepare the accounts in accordance with the small companies regime and take advantage of the small companies’ exemptions in preparing the directors’ report and from the requirement to prepare a strategic report.
Responsibilities of directors
As explained more fully in the directors’ responsibilities statement, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the directors are responsible for assessing the group's and the parent company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the group or the parent company or to cease operations, or have no realistic alternative but to do so.
Auditor’s responsibilities for the audit of the accounts
Our objectives are to obtain reasonable assurance about whether the accounts as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these accounts.
Irregularities include fraud and other Instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities.
The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
Enquiry of management and those charged with governance around actual and potential litigations and claims;
Enquiry of entity staff in compliance functions to identify any instances of non-compliance with laws and regulations;
Reviewing minutes of meetings of those charged with governance;
Reviewing financial statement disclosure and testing to supporting documents to assess compliance with applicable laws and regulations;
Performing audit work over the risk of management override of controls, including testing of journal entries and other adjustments for appropriateness, evaluating the business rationale of significant transactions outside the normal course of business, and reviewing accounting estimates for bids.
Because of the inherent limitations of an audit. There is risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statement of non-compliance with regulations. This risk increases further when that compliance with law and regulation is removed from the event and transection reflected in the financial statement , as we will be less likely to become aware of instances of non-compliance, the risk is also greater regarding irregularities occurring due to fraud rather then error, as fraud involves intentional concealment, forgery, collusion,omission,or misrepresentation,
Use of our report
This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state them in as Auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the Company's members, as a body, for our audit work, for this report, or for the opinions we have formed.
Mr Opinder Singh Sawhney
(Senior Statutory Auditor) Harrow Business Centre
for and on behalf of 429-433 Pinner Road
Sawhney Consulting North Harrow
Accountants and Statutory Auditors Middlesex
18 March 2025 HA1 4HN
BCH ESTATES LIMITED
Consolidated Income Statement
for the year ended 31 March 2024
Notes 2024 2023
£ £
Turnover 3 8,300,667 5,817,116
Cost of sales (5,496,505) (3,689,372)
Gross profit 2,804,162 2,127,744
Administrative expenses (1,793,172) (782,602)
Other operating income 53,230 36,027
Operating profit 1,064,220 1,381,169
Interest payable 8 (445,336) (155,854)
Profit on ordinary activities before taxation 618,884 1,225,315
Tax on profit on ordinary activities 9 (247,470) (205,313)
Profit for the financial year 371,414 1,020,002
BCH ESTATES LIMITED
Consolidated Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Intangible assets 10 2,700,000 -
Tangible assets 11 7,025,501 6,984,816
Investment 77,333 102,343
Investment Property 2,403,203 -
12,206,037 7,087,159
Current assets
Debtors 13 858,822 630,318
Cash at bank and in hand 1,189,212 2,296,972
2,048,034 2,927,290
Creditors: amounts falling due within one year 14 (1,015,871) (932,196)
Net current assets 1,032,163 1,995,094
Total assets less current liabilities 13,238,200 9,082,253
Creditors: amounts falling due after more than one year 15 (7,731,254) (3,897,385)
Net assets 5,506,946 5,184,868
Capital and reserves
Called up share capital 16 20,000 20,000
Profit and loss account 17 5,486,946 5,164,868
Total equity 5,506,946 5,184,868
Mr Ejaz Raja
Director
Approved by the board on 18 March 2025
BCH ESTATES LIMITED
Consolidated Statement of changes in equity
for the year ended 31 March 2024
Share Share Consolidation Profit Total
capital premium reserves and loss
account
£ £ £ £ £
At 1 April 2022 20,000 - - 4,299,866 4,319,866
Profit for the financial year 1,020,002 1,020,002
At 31 March 2023 20,000 - - 5,164,868 5,184,868
At 1 April 2023 20,000 - - 5,164,868 5,184,868
Profit for the financial year 371,414 371,414
Total comprehensive income for the financial year - - - 371,414 371,414
Dividends (143,750) (143,750)
Pre-acquisition Profit 94,414 - 94,414
At 31 March 2024 20,000 - 94,414 5,392,532 5,506,946
BCH ESTATES LIMITED
Registered number: 05061933
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 11 3,742,621 3,668,395
Investments 87,335 112,346
3,829,956 3,780,741
Current assets
Debtors 13 2,141,145 1,225,830
Cash at bank and in hand 670,710 1,812,465
2,811,855 3,038,295
Creditors: amounts falling due within one year 14 (157,433) (2,325,673)
Net current Assets 2,654,422 712,622
Total assets less current liabilities 6,484,378 4,493,363
Creditors: amounts falling due after more than one year 15 (3,007,363) (3,098,306)
Net assets/(liabilities) 3,477,015 1,395,057
Capital and reserves
Called up share capital 20,000 20,000
Profit and loss account 3,457,015 1,375,057
Shareholder's funds 3,477,015 1,395,057
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.
Mr Ejaz Raja
Director
Approved by the board on 18 March 2025
BCH ESTATES LIMITED
Statement of Changes in Equity
for the year ended 31 March 2024
Share Share Re- Profit Total
capital premium valuation and loss
reserve account
£ £ £ £ £
At 1 April 2022 20,000 - - 960,896 980,896
Profit for the financial year 569,161 569,161
Dividends
Shares issued - (155,000) (155,000)
At 31 March 2023 20,000 - - 1,375,057 1,395,057
At 1 April 2023 20,000 - - 1,375,057 1,395,057
Profit for the financial year 2,225,708 2,225,708
Dividends (143,750) (143,750)
At 31 March 2024 20,000 - - 3,457,015 3,477,015
BCH ESTATES LIMITED
Consolidated Statement of Cash Flows
for the year ended 31 March 2024
Notes 2024 2023
£ £
Operating activities
Profit for the period 371,414 1,020,002
Income from investments 50,006 -
Interest payable 445,336 155,854
Tax on profit on ordinary activities 247,470 205,313
Depreciation 294,758 92,738
Amortisation of goodwill 300,000 -
Decrease in stocks - -
(Increase)/decrease in debtors (228,504) 81,045
Increase in creditors 87,333 148,629
1,567,813 1,703,581
Interest paid (445,336) (155,854)
Corporation tax paid (247,470) (205,313)
Cash generated by operating activities 875,007 1,342,414
Investing activities
Payments to acquire intangible fixed assets (3,000,000) -
Payments to acquire tangible fixed assets (335,444) (168,457)
Payments to acquire investment properties (24,996) (27,117)
Payments to acquire investments (2,308,789) -
Cash used in investing activities (5,669,229) (195,574)
Financing activities
Equity dividends paid (143,750) (155,000)
Cash generated from additional loan 3,830,211 (212,349)
Cash generated by/(used in) financing activities 3,686,461 (367,349)
Net cash (used)/generated
Cash generated by operating activities 875,007 1,342,414
Cash used in investing activities (5,669,229) (195,574)
Cash generated by/(used in) financing activities 3,686,461 (367,349)
Net cash (used)/generated (1,107,760) 779,491
Cash and cash equivalents at 1 April 2,296,972 1,517,481
Cash and cash equivalents at 31 March 1,189,212 2,296,972
Cash and cash equivalents comprise:
Cash at bank 1,189,212 2,296,972
BCH ESTATES LIMITED
Notes to the Consolidated Financial Statements
for the year ended 31 March 2024
1 Summary of significant accounting policies
Basis of preparation
The financial statements 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.
Basis of Consolidation
The group financial statements consolidate financial statements of the company and all its subsidiary undertakings at 31 March using acquisition accounting. The results of subsidiary undertakings acquired or disposed of during a financial year will be included from, or up to, the effective date of acquisition or disposal.
Associates
In the parent company financial statements, investments in the subsidiaries are accounted for at the lower of cost and net realised value.
Turnover
Turnover represents rent receivable on freehold property rented to subsidiary company.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold Land & building Not provided
Office Equipment & Plant & Machinery 20 % Straight Line Method
Motor Vehicles 20 % Straight Line Method
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 Audit information
The audit report is unqualified.
Senior statutory auditor: Mr Opinder Singh Sawhney
Firm: Sawhney Consulting
Date of audit report: 18 March 2025
3 Analysis of turnover 2024 2023
£ £
Rendering of services 8,300,667 5,817,116
8,300,667 5,817,116
4 Operating profit 2024 2023
£ £
This is stated after charging:
Depreciation of owned fixed assets 294,758 92,738
Auditors' remuneration for audit services 31,995 15,300
Contributions to defined benefit pension plans 1,018 702
5 Directors' emoluments 2024 2023
£ £
Emoluments 91,890 42,400
Contributions to defined contribution pension plans 1,018 702
92,908 43,102
6 Staff costs 2024 2023
£ £
Wages and salaries - Direct cost 5,039,212 3,282,438
Wages and salaries - sales and admin 106,935 66,884
Social security costs 20,086 6,817
5,166,233 3,356,139
7 Average number of employees during the year Number Number
Staff 147 147
147 147
8 Interest payable 2024 2023
£ £
Bank loans and overdrafts 445,336 155,854
9 Taxation 2024 2023
£ £
Analysis of charge in period
UK corporation tax on profits of the period 247,470 205,313
Corporation tax prior year adjustments - -
247,470 205,313
Deferred tax: - -
Tax on profit on ordinary activities 247,470 205,313
2024 2023
£ £
Profit on ordinary activities before tax 618,884 1,225,315
Standard rate of corporation tax in the UK 25% 19%
£ £
Profit on ordinary activities multiplied by the standard rate of corporation tax 154,721 232,810
Expenses not deductible for tax purposes 92,749 (27,497)
Current tax charge for period 247,470 205,313
10 Intangible fixed assets : Group £
Goodwill:
Cost
At 1 April 2023 550,000
Additions 3,000,000
Disposals -
At 31 March 2024 3,550,000
Amortisation
At 1 April 2023 550,000
Provided during the year 300,000
On disposals -
At 31 March 2024 850,000
Carrying amount
At 31 March 2024 2,700,000
At 31 March 2023 -
Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years.
11 Tangible fixed assets - GROUP
Freehold land & building Office Equipment & Plant and machinery Motor vehicles Total
£ £ £ £
Cost or valuation
At 1 April 2023 6,621,332 1,942,137 110,498 8,673,967
Additions - 230,973 104,471 335,444
At 31 March 2024 6,621,332 2,173,110 214,969 9,009,411
Depreciation
At 1 April 2023 - 1,665,983 23,169 1,689,152
Charge for the year - 253,096 41,662 294,758
At 31 March 2024 - 1,919,079 64,831 1,983,910
Carrying amount
At 31 March 2024 6,621,332 254,031 150,138 7,025,501
At 31 March 2023 6,621,332 276,154 87,329 6,984,815
Tangible fixed assets - Company
Freehold land & building Office equipments Motor Vehicels Total
£ £ £
Cost
At 1 April 2023 3,621,898 1758 51,090 3,674,746
Additions - 1,523 104,471 105,994
At 31 March 2024 3,621,898 3,281 155,561 3,780,740
Depreciation
At 1 April 2023 - 391 5,960 6,351
Charge for the year - 656 31,112 31,768
At 31 March 2024 - 1,047 37,072 38,119
Net book value
At 31 March 2024 3,621,898 2,234 118,489 3,742,621
At 31 March 2023 3,621,898 1,367 45,130 3,668,395
12 Individual Income Statement
As permitted by Sec 408 of the Companies Act 2006, the income statement of the parent company is not presented as part of these financial statement.
13 Debtors GROUP COMPANY
2024 2023 2024 2023
£ £ £ £
Trade debtors 589,424 338,205 -
Amounts owed by group undertakings - - 2,121,173 654,874
Other debtors 269,398 292,113 19,972 956
858,822 630,318 2,141,145 655,830
14 Creditors: amounts falling due within one year
GROUP COMPANY
2024 2023 2024 2023
£ £ £ £
Trade creditors 197,648 179,742 98 42,385
Amounts owed to group companies - - - 2,141,000
Other taxes and social security costs 353,397 247,359 5,322 433
Bank loans and overdrafts 240,173 243,831 112,587 135,774
Other creditors 224,653 261,264 39,426 6,080
1,015,871 932,196 157,433 2,325,672
15 Creditors: amounts falling due after one year
GROUP COMPANY
2024 2023 2024
£ £
Bank loans 7,731,254 3,897,385 3,007,363 3,098,307
7,731,254 3,897,385 3,007,363 3,098,307
The banks loans are secured by first legal charge over the freehold properties held by the group companies.
16 Share capital Nominal 2024 2024 2023
value Number £ £
Allotted, called up and fully paid: -
Ordinary shares £1 each 20,000 20,000 20,000
20,000 20,000
17 Profit and loss account 2024 2023
£ £
At 1 April 5,164,868 4,299,866
Pre-acquisition Profit 94,414 -
Profit for the financial year 371,414 1,020,002
Dividends (143,750) (155,000)
At 31 March 5,486,946 5,164,868
18 Dividends 2024 2023
£ £
Dividends on ordinary shares (note 17) 143,750 155,000
143,750 155,000
19 Acquisition of Subsidiary
On 14 July 2023, the company acquired 100% equity interest in Coppermill Care limited, a carehome company. The acquisition aligns
with the group strategy to expand market presence. Goodwill arising from the acquisition represents the future economic benefits and
anticipated synergies.
Pre-acquisition retained earnings of £94,414 has been eliminated and transferred to the consolidation reserve. Post-acquisition profit
of £82,471 has been included in the group's consolidated retained earnings.
20 Comparble figures
The previous year figures have been regrouped and re-classified wherever it is necessary.
21 Legal form of entity and country of incorporation
BCH ESTATES LIMITED is a private company limited by shares and incorporated in England.
22 Principal place of business
The address of the company's principal place of business and registered office is:
Suite 311, Harrow Business Centre
429-433 Pinner Road
United Kingdom
HA1 4HN
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