BLS (UK) Limited 04010046 false 2024-01-01 2024-12-31 2024-12-31 The principal activity of the company is that of property investment. Digita Accounts Production Advanced 6.30.9574.0 true true 04010046 2024-01-01 2024-12-31 04010046 2024-12-31 04010046 core:CurrentFinancialInstruments 2024-12-31 04010046 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 04010046 core:PlantMachinery 2024-12-31 04010046 bus:SmallEntities 2024-01-01 2024-12-31 04010046 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 04010046 bus:FilletedAccounts 2024-01-01 2024-12-31 04010046 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 04010046 bus:RegisteredOffice 2024-01-01 2024-12-31 04010046 bus:Director1 2024-01-01 2024-12-31 04010046 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 04010046 core:PlantMachinery 2024-01-01 2024-12-31 04010046 countries:EnglandWales 2024-01-01 2024-12-31 04010046 2023-12-31 04010046 core:PlantMachinery 2023-12-31 04010046 2023-01-01 2023-12-31 04010046 2023-12-31 04010046 core:CurrentFinancialInstruments 2023-12-31 04010046 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 04010046 core:PlantMachinery 2023-12-31 iso4217:GBP xbrli:pure

Registration number: 04010046

BLS (UK) Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2024

 

BLS (UK) Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 5

 

BLS (UK) Limited

(Registration number: 04010046)
Balance Sheet as at 31 December 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

20

97

Investment property

5

300,000

300,000

 

300,020

300,097

Current assets

 

Debtors

6

86

86

Cash at bank and in hand

 

5,420

5,250

 

5,506

5,336

Creditors: Amounts falling due within one year

7

(126,254)

(136,261)

Net current liabilities

 

(120,748)

(130,925)

Total assets less current liabilities

 

179,272

169,172

Provisions for liabilities

(9,487)

(9,487)

Net assets

 

169,785

159,685

Capital and reserves

 

Called up share capital

2

2

Revaluation reserve

99,513

99,513

Retained earnings

70,270

60,170

Shareholders' funds

 

169,785

159,685

 

BLS (UK) Limited

(Registration number: 04010046)
Balance Sheet as at 31 December 2024

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

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 25 April 2025 and signed on its behalf by:
 

.........................................
M Hussain
Director

 

BLS (UK) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2 Old Bath Road
Newbury
Berkshire
RG14 1QL
England

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable from property investment in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current tax payable and deferred tax.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

20% Straight line basis

 

BLS (UK) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

Investment property

Certain of the company's properties are held for long-term investment. Investment properties are accounted for in accordance with FRS102.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

4

Tangible assets

Plant and machinery
£

Total
£

Cost or valuation

At 1 January 2024

428

428

At 31 December 2024

428

428

Depreciation

At 1 January 2024

331

331

Charge for the year

77

77

At 31 December 2024

408

408

Carrying amount

At 31 December 2024

20

20

At 31 December 2023

97

97

5

Investment properties

2024
£

At 1 January

300,000

At 31 December

300,000

Investment properties were subject to a valuation by the director who is not a professional qualified valuer, but has experience in the location and class of investment property being revalued.

 

BLS (UK) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

6

Debtors

Current

2024
£

2023
£

Prepayments

86

86

 

86

86

7

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

2,387

2,394

Other creditors

123,867

133,867

126,254

136,261