Silverfin false false 31/08/2024 01/09/2023 31/08/2024 Mr A Fox 14/06/2019 11 April 2025 The principal activity of the Company during the financial year was that of property rental.

On 30 July 2024 the company disposed of its commercial property.
04062804 2024-08-31 04062804 bus:Director1 2024-08-31 04062804 2023-08-31 04062804 core:CurrentFinancialInstruments 2024-08-31 04062804 core:CurrentFinancialInstruments 2023-08-31 04062804 core:Non-currentFinancialInstruments 2024-08-31 04062804 core:Non-currentFinancialInstruments 2023-08-31 04062804 core:ShareCapital 2024-08-31 04062804 core:ShareCapital 2023-08-31 04062804 core:RetainedEarningsAccumulatedLosses 2024-08-31 04062804 core:RetainedEarningsAccumulatedLosses 2023-08-31 04062804 core:MoreThanFiveYears 2024-08-31 04062804 core:MoreThanFiveYears 2023-08-31 04062804 bus:OrdinaryShareClass1 2024-08-31 04062804 bus:OrdinaryShareClass2 2024-08-31 04062804 2023-09-01 2024-08-31 04062804 bus:FilletedAccounts 2023-09-01 2024-08-31 04062804 bus:SmallEntities 2023-09-01 2024-08-31 04062804 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 04062804 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 04062804 bus:Director1 2023-09-01 2024-08-31 04062804 2022-09-01 2023-08-31 04062804 bus:OrdinaryShareClass1 2023-09-01 2024-08-31 04062804 bus:OrdinaryShareClass1 2022-09-01 2023-08-31 04062804 bus:OrdinaryShareClass2 2023-09-01 2024-08-31 04062804 bus:OrdinaryShareClass2 2022-09-01 2023-08-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 04062804 (England and Wales)

BRISTOL OILSKIN & OVERALL PROPERTY LIMITED

Unaudited Financial Statements
For the financial year ended 31 August 2024
Pages for filing with the registrar

BRISTOL OILSKIN & OVERALL PROPERTY LIMITED

Unaudited Financial Statements

For the financial year ended 31 August 2024

Contents

BRISTOL OILSKIN & OVERALL PROPERTY LIMITED

BALANCE SHEET

As at 31 August 2024
BRISTOL OILSKIN & OVERALL PROPERTY LIMITED

BALANCE SHEET (continued)

As at 31 August 2024
Note 2024 2023
£ £
Fixed assets
Investment property 3 0 700,000
0 700,000
Current assets
Debtors 4 427,046 374
Cash at bank and in hand 0 7
427,046 381
Creditors: amounts falling due within one year 5 ( 35,570) ( 18,755)
Net current assets/(liabilities) 391,476 (18,374)
Total assets less current liabilities 391,476 681,626
Creditors: amounts falling due after more than one year 6 0 ( 260,000)
Net assets 391,476 421,626
Capital and reserves
Called-up share capital 7 7,250 7,250
Profit and loss account 384,226 414,376
Total shareholders' funds 391,476 421,626

For the financial year ending 31 August 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Bristol Oilskin & Overall Property Limited (registered number: 04062804) were approved and authorised for issue by the Director on 11 April 2025. They were signed on its behalf by:

Mr A Fox
Director
BRISTOL OILSKIN & OVERALL PROPERTY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 August 2024
BRISTOL OILSKIN & OVERALL PROPERTY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 August 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Bristol Oilskin & Overall Property Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Ground Floor, 90 Victoria Street, Bristol, BS1 6DP, United Kingdom. The address of the Company's principal place of business is Fox House, Winterstoke Commercial Centre, Weston-Super-Mare, BS23 3XP.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the company and rounded to the nearest £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Rental income is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

• the amount of revenue can be measured reliably;
• it is probable that the Company will receive the consideration due under the contract.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Investment property

Investment property is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at each reporting date with changes in fair value recognised in profit or loss. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.

Fixed asset investments

Investments held as fixed assets are shown at cost less provision for impairment.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 0 0

3. Investment property

Investment property
£
Valuation
As at 01 September 2023 700,000
Disposals (700,000)
As at 31 August 2024 0

Freehold investment property of £nil (2023- £700,000) is included within investment properties. The fair value of freehold investment property is based on the directors’ best estimate, having considered properties of a similar nature, condition and location. This investment property was sold during the period.

Historic cost

If the investment properties had been accounted for under the cost accounting rules, the properties would have been measured as follows:

2024 2023
£ £
Historic cost 0 196,785

4. Debtors

2024 2023
£ £
Amounts owed by director 0 190
Prepayments 0 184
Other debtors 427,046 0
427,046 374

5. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 3,840 1,680
Amounts owed to director 13,610 1,731
Accruals 3,050 3,050
Corporation tax 1,894 3,794
Other creditors 13,176 8,500
35,570 18,755

6. Creditors: amounts falling due after more than one year

2024 2023
£ £
Bank loans 0 260,000

Amounts repayable after more than 5 years are included in creditors falling due over one year:

2024 2023
£ £
Bank loans (secured) 0 260,000

7. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
4,833 Ordinary B shares of £ 1.00 each 4,833 4,833
2,417 Ordinary A shares of £ 1.00 each 2,417 2,417
7,250 7,250

8. Related party transactions

Transactions with the entity's director

At the year end the Company owes the director £13,610 (2023 - £1,731).