2024-01-01 04600680 2024-12-31 04600680 2024-01-01 2024-12-31 04600680 2023-12-31 04600680 2023-01-01 2023-12-31 04600680 uk-core:WithinOneYear 2023-12-31 04600680 uk-core:WithinOneYear 2024-12-31 04600680 uk-core:AfterOneYear 2023-12-31 04600680 uk-core:AfterOneYear 2024-12-31 04600680 uk-core:ShareCapital 2024-12-31 04600680 uk-core:ShareCapital 2023-12-31 04600680 uk-core:SharePremium 2024-12-31 04600680 uk-core:SharePremium 2023-12-31 04600680 uk-core:RevaluationReserve 2024-12-31 04600680 uk-core:RevaluationReserve 2023-12-31 04600680 uk-core:RetainedEarningsAccumulatedLosses 2024-12-31 04600680 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 04600680 uk-bus:Director1 2024-01-01 2024-12-31 04600680 uk-bus:Director2 2024-01-01 2024-12-31 04600680 uk-core:ComputerEquipment 2024-01-01 2024-12-31 04600680 uk-core:ComputerEquipment 2023-12-31 04600680 uk-core:Buildings 2023-12-31 04600680 uk-core:Buildings 2024-12-31 04600680 uk-core:ComputerEquipment 2024-12-31 04600680 uk-core:Buildings 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure 04600680 uk-bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 04600680 uk-bus:FRS102 2024-01-01 2024-12-31 04600680 uk-bus:FilletedAccounts 2024-01-01 2024-12-31 04600680 uk-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31
Bugrat Property Limited
Registered Number:04600680
For the year ended 31 December 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2024
Bugrat Property Limited
Contents Page
1 to 2
Statement of Financial Position
3 to 5
Notes to the Financial Statements
3
Registered Number :
04600680
As at 31 December 2024
Bugrat Property Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
763,451
763,480
2
763,451
763,480
Current assets
Trade and other receivables
790
-
9,654
Cash and cash equivalents
4,036
4,036
10,444
Trade and other payables: amounts falling due within
one year
(8,583)
(9,245)
3
1,861
(5,209)
Net current liabilities
Total assets less current liabilities
758,242
765,341
Trade and other payables: amounts falling due after
more than one year
(230,519)
(212,430)
4
545,812
Net assets
534,822
Capital and reserves
Called up share capital
14
14
Share premium account
174,995
174,995
Revaluation reserve
246,574
246,574
5
Retained earnings
124,229
113,239
545,812
534,822
Shareholders' funds
For the year ended 31 December 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 of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
1 of 5
4
Registered Number :
04600680
For the year ended 31 December 2024
Bugrat Property Limited
Statement of Financial Position Continued
Mr Andrew Hyde Director
Mrs Lesley Hyde Director
These financial statements were approved and authorised for issue by the Board on 16 April 2025 and were signed by:
The notes form part of these financial statements
2 of 5
5
For the year ended 31 December 2024
Bugrat Property Limited
Notes to the Financial Statements
Statutory Information
Bugrat Property Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 04600680.
Principal place of business:
21 Thames Drive
Leigh-on-Sea
Essex
SS0 7LX
Registered address:
21 Thames Drive
Leigh-on-Sea
Essex
SS0 7LX
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic
of Ireland' and the Companies Act 2006. The financial statements have been prepared under the
historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Reducing balance
Computer equipment
3 of 5
6
For the year ended 31 December 2024
Bugrat Property Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Land and
buildings
£
£
£
Cost or
valuation
At 01 January 2024
763,861
499
763,362
At 31 December 2024
763,362
499
763,861
Provision for depreciation and impairment
At 01 January 2024
381
381
-
Charge for year
29
29
-
At 31 December 2024
410
410
-
At 31 December 2024
Net book value
763,362
89
763,451
At 31 December 2023
763,362
118
763,480
3. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
3,883
3,221
Accruals and deferred income
462
462
Other creditors
4,900
4,900
9,245
8,583
4. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
210,519
212,430
Directors' loan accounts
Other creditors
-
20,000
212,430
230,519
5. Reserves
Total
£
Revaluation reserve at 01 January 2024
246,574
246,574
Revaluation reserve at 31 December 2024
4 of 5
7
For the year ended 31 December 2024
Bugrat Property Limited
Notes to the Financial Statements Continued
6. Average number of persons employed
During the year the average number of employees was 0
5 of 5