Registered number
12784645
Property By BuBen Ltd
Filleted Accounts
31 July 2024
Property By BuBen Ltd
Registered number: 12784645
Balance Sheet
as at 31 July 2024
Notes 2024 2023
£ £
Current assets
Debtors 3 32,872 25,236
Cash at bank and in hand 54 578
32,926 25,814
Creditors: amounts falling due within one year 4 (21,612) (387)
Net current assets 11,314 25,427
Total assets less current liabilities 11,314 25,427
Creditors: amounts falling due after more than one year 5 (38,404) (45,597)
Net liabilities (27,090) (20,170)
Capital and reserves
Called up share capital 500 500
Profit and loss account (27,590) (20,670)
Shareholders' funds (27,090) (20,170)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
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.
Troy Ndrepepaj Benjamin Wood
Director Director
Approved by the board on 16 April 2025
Property By BuBen Ltd
Notes to the Accounts
for the year ended 31 July 2024
1 Accounting policies
Basis of preparation
The accounts 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 (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from deal sourcing and property management.
Debtors
Debtors are measured at transaction price less any impairment losses for bad and doubtful debts.
Creditors
All creditors and loans are measured at transaction price.
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.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Debtors 2024 2023
£ £
Amounts owed by group undertakings and undertakings in which the company has a participating interest 25,000 25,000
Other debtors 7,872 236
32,872 25,236
4 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 10,000 -
Trade creditors 47 47
Other creditors 11,565 340
21,612 387
5 Creditors: amounts falling due after one year 2024 2023
£ £
Other creditors 38,404 45,597
6 Other information
Property By BuBen Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Rycroft
School Road
Broughton
Cambs
PE28 3AT
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