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REGISTERED NUMBER: 07011837 (England and Wales)















Financial Statements for the Year Ended 31 July 2024

for

BHA Properties Limited

BHA Properties Limited (Registered number: 07011837)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BHA Properties Limited

Company Information
for the Year Ended 31 July 2024







DIRECTOR: B Hatton





REGISTERED OFFICE: 116 Duke Street
Liverpool
Merseyside
L1 5JW





REGISTERED NUMBER: 07011837 (England and Wales)





ACCOUNTANTS: Cobham Murphy
116 Duke Street
Liverpool
Merseyside
L1 5JW

BHA Properties Limited (Registered number: 07011837)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Investment property 4 1,350,000 975,000

CURRENT ASSETS
Debtors 5 66,817 42,703
Cash at bank 410,118 132,148
476,935 174,851
CREDITORS
Amounts falling due within one year 6 1,167,227 816,295
NET CURRENT LIABILITIES (690,292 ) (641,444 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

659,708

333,556

PROVISIONS FOR LIABILITIES 142,203 48,453
NET ASSETS 517,505 285,103

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 516,505 284,103
SHAREHOLDERS' FUNDS 517,505 285,103

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 23 September 2024 and were signed by:



B Hatton - Director


BHA Properties Limited (Registered number: 07011837)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

BHA Properties Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Significant judgements and estimates
There are no judgements (apart from those involving estimates) that have had a significant effect on amounts recognised in the financial statements.

Turnover
Turnover represents rental income. Turnover is recognised when the rent becomes due.

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.

Financial instruments
Directors loans and intercompany loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

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

BHA Properties Limited (Registered number: 07011837)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2023 975,000
Additions 47,041
Revaluations 327,959
At 31 July 2024 1,350,000
NET BOOK VALUE
At 31 July 2024 1,350,000
At 31 July 2023 975,000


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 600 6
Amounts owed by associates 26,100 26,100
Other debtors 40,117 16,597
66,817 42,703

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade creditors 30,166 5,262
Taxation and social security - 3,585
Other creditors 1,137,061 807,448
1,167,227 816,295

7. RELATED PARTY DISCLOSURES

Included in other debtors is £26,100 owed from related parties. Included in other creditors is £450,067 owed to related parties. The loans were interest free and repayable on demand.