Company Registration No. 13489043 (England and Wales)
BAINS UK PROPERTIES LTD
Unaudited accounts
for the year ended 31 July 2024
BAINS UK PROPERTIES LTD
Unaudited accounts
Contents
BAINS UK PROPERTIES LTD
Company Information
for the year ended 31 July 2024
Director
Narinder Singh BAINS
Company Number
13489043 (England and Wales)
Registered Office
51 HEATHER ROAD
BINLEY WOODS
COVENTRY
CV3 2DE
UNITED KINGDOM
Accountants
MJS BUSINESS MANAGEMENT SERVICES LTD
51 HEATHER ROAD
BINLEY WOODS
COVENTRY
CV3 2DE
BAINS UK PROPERTIES LTD
Statement of financial position
as at 31 July 2024
Tangible assets
88,222
89,284
Cash at bank and in hand
19,995
13,960
Creditors: amounts falling due within one year
(1,500)
(1,000)
Net current assets
18,495
12,960
Total assets less current liabilities
106,717
102,244
Creditors: amounts falling due after more than one year
(108,661)
(104,328)
Net liabilities
(1,944)
(2,084)
Called up share capital
1
1
Profit and loss account
(1,945)
(2,085)
Shareholders' funds
(1,944)
(2,084)
For the year ending 31 July 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 director acknowledges his 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 and authorised for issue on 29 April 2025 and were signed on its behalf by
Narinder Singh BAINS
Director
Company Registration No. 13489043
BAINS UK PROPERTIES LTD
Notes to the Accounts
for the year ended 31 July 2024
BAINS UK PROPERTIES LTD is a private company, limited by shares, registered in England and Wales, registration number 13489043. The registered office is 51 HEATHER ROAD, BINLEY WOODS, COVENTRY, CV3 2DE, 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:
Fixtures & fittings
15% Reducing balance
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 August 2023
90,000
1,500
91,500
At 31 July 2024
90,000
1,500
91,500
At 1 August 2023
1,800
416
2,216
Charge for the year
900
162
1,062
At 31 July 2024
2,700
578
3,278
At 31 July 2024
87,300
922
88,222
At 31 July 2023
88,200
1,084
89,284
5
Creditors: amounts falling due within one year
2024
2023
BAINS UK PROPERTIES LTD
Notes to the Accounts
for the year ended 31 July 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
13,661
9,328
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).