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REGISTERED NUMBER: 10884828 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

BOND PROPERTIES AND INVESTMENTS LTD

BOND PROPERTIES AND INVESTMENTS LTD (REGISTERED NUMBER: 10884828)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


BOND PROPERTIES AND INVESTMENTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: Mr D Craig
Miss L Warwick





REGISTERED OFFICE: Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES





REGISTERED NUMBER: 10884828 (England and Wales)





ACCOUNTANTS: Acuity Professional Partnership LLP
Unit 2.02
High Weald House
Glovers End
Bexhill
East Sussex
TN39 5ES

BOND PROPERTIES AND INVESTMENTS LTD (REGISTERED NUMBER: 10884828)

STATEMENT OF FINANCIAL POSITION
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 27,809 32,397
Investment property 5 2,875,000 2,875,000
2,902,809 2,907,397

CURRENT ASSETS
Debtors 6 296 54,000
Cash at bank 9 -
305 54,000
CREDITORS
Amounts falling due within one year 7 193,864 454,591
NET CURRENT LIABILITIES (193,559 ) (400,591 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,709,250

2,506,806

CREDITORS
Amounts falling due after more than one
year

8

(2,022,030

)

(1,691,841

)

PROVISIONS FOR LIABILITIES (182,711 ) (182,711 )
NET ASSETS 504,509 632,254

CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Special reserve 11 778,924 778,924
Retained earnings (275,415 ) (147,670 )
SHAREHOLDERS' FUNDS 504,509 632,254

BOND PROPERTIES AND INVESTMENTS LTD (REGISTERED NUMBER: 10884828)

STATEMENT OF FINANCIAL POSITION - continued
30 APRIL 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 1 April 2025 and were signed on its behalf by:





Mr D Craig - Director


BOND PROPERTIES AND INVESTMENTS LTD (REGISTERED NUMBER: 10884828)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024


1. STATUTORY INFORMATION

Bond Properties And Investments Ltd 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.

GOING CONCERN
The accounts show total net liabilities of £400,592 as at the balance sheet date. The accounts have been prepared on a going concern basis as the company is being supported by the director and shareholder.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

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 statement of financial position date.

3. EMPLOYEES AND DIRECTORS

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

BOND PROPERTIES AND INVESTMENTS LTD (REGISTERED NUMBER: 10884828)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
Cost
At 1 May 2023 61,592 3,977 65,569
Additions 4,508 311 4,819
At 30 April 2024 66,100 4,288 70,388
Depreciation
At 1 May 2023 29,508 3,664 33,172
Charge for year 9,148 259 9,407
At 30 April 2024 38,656 3,923 42,579
Net book value
At 30 April 2024 27,444 365 27,809
At 30 April 2023 32,084 313 32,397

5. INVESTMENT PROPERTY
Total
£   
Fair value
At 1 May 2023
and 30 April 2024 2,875,000
Net book value
At 30 April 2024 2,875,000
At 30 April 2023 2,875,000

Fair value at 30 April 2024 is represented by:
£   
Valuation in 2022 642,686
Valuation in 2023 318,948
Cost 1,913,366
2,875,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Other debtors 296 54,000

BOND PROPERTIES AND INVESTMENTS LTD (REGISTERED NUMBER: 10884828)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts (see note 9) 6,605 21,421
Other loans (see note 9) 115,000 400,000
Trade creditors - 2,784
Social security and other taxes 453 453
Directors' current accounts 66,904 27,953
Accruals and deferred income 4,902 1,980
193,864 454,591

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans (see note 9) 2,022,030 1,566,841
Directors' loan accounts - 125,000
2,022,030 1,691,841

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 2,022,030 1,566,841

9. LOANS

Bank loans includes £2,022,030 secured by way of fixed first charge over the underlying assets.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.24 30.4.23
value: £    £   
500 A Founder £1 500 500
500 B Founder £1 500 500
1,000 1,000

11. RESERVES
Special
reserve
£   
At 1 May 2023
and 30 April 2024 778,924

12. ULTIMATE CONTROLLING PARTY

The directors have ultimate control of the company.