Company Registration No. 11375059 (England and Wales)
B Capital Holdings Limited
Unaudited accounts
for the year ended 31 October 2024
B Capital Holdings Limited
Unaudited accounts
Contents
B Capital Holdings Limited
Company Information
for the year ended 31 October 2024
Directors
Mr R W Bone
Mr K R Bone
Mr R Bone
Company Number
11375059 (England and Wales)
Registered Office
The Olde Barn Vigo Lane
Fatfield
Washington
Tyne & Wear
NE38 9AA
United Kingdom
Accountants
The Accounts Dept NE Ltd
G21, The Avenues
Eleventh Avenue, Team Valley Trading Est
Gateshead
Tyne & Wear
NE11 0NJ
B Capital Holdings Limited
Statement of financial position
as at 31 October 2024
Tangible assets
15,538
3,854
Investment property
985,726
920,272
Cash at bank and in hand
116,859
34,690
Creditors: amounts falling due within one year
(6,732)
(35,245)
Net current assets
139,542
29,430
Total assets less current liabilities
1,150,207
962,957
Provisions for liabilities
Deferred tax
(97,500)
(97,500)
Net assets
1,052,707
865,457
Called up share capital
2
2
Revaluation reserve
390,000
390,000
Profit and loss account
662,705
475,455
Shareholders' funds
1,052,707
865,457
For the year ending 31 October 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 April 2025 and were signed on its behalf by
Mr R W Bone
Director
Company Registration No. 11375059
B Capital Holdings Limited
Notes to the Accounts
for the year ended 31 October 2024
B Capital Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 11375059. The registered office is The Olde Barn Vigo Lane, Fatfield, Washington, Tyne & Wear, NE38 9AA, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
B Capital Holdings Limited
Notes to the Accounts
for the year ended 31 October 2024
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2023
20,669
1,372
22,041
At 31 October 2024
34,529
1,372
35,901
At 1 November 2023
17,844
343
18,187
Charge for the year
1,833
343
2,176
At 31 October 2024
19,677
686
20,363
At 31 October 2024
14,852
686
15,538
At 31 October 2023
2,825
1,029
3,854
Fair value at 1 November 2023
920,272
At 31 October 2024
985,726
Investment property is included at market fair value. Gains are recongnised int he income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
6
Investments
Other investments
Valuation at 1 November 2023
9,401
Valuation at 31 October 2024
9,401
Amounts falling due within one year
Amounts due from group undertakings etc.
-
600
B Capital Holdings Limited
Notes to the Accounts
for the year ended 31 October 2024
8
Creditors: amounts falling due within one year
2024
2023
Trade creditors
1,436
32,001
Taxes and social security
-
277
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).