Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-312024-01-013falseDevelopment of building projects3falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11906247 2024-01-01 2024-12-31 11906247 2023-01-01 2023-12-31 11906247 2024-12-31 11906247 2023-12-31 11906247 c:Director1 2024-01-01 2024-12-31 11906247 d:OfficeEquipment 2024-01-01 2024-12-31 11906247 d:OfficeEquipment 2024-12-31 11906247 d:OfficeEquipment 2023-12-31 11906247 d:CurrentFinancialInstruments 2024-12-31 11906247 d:CurrentFinancialInstruments 2023-12-31 11906247 d:Non-currentFinancialInstruments 2024-12-31 11906247 d:Non-currentFinancialInstruments 2023-12-31 11906247 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 11906247 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 11906247 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 11906247 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 11906247 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-12-31 11906247 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-12-31 11906247 d:ShareCapital 2024-12-31 11906247 d:ShareCapital 2023-12-31 11906247 d:RetainedEarningsAccumulatedLosses 2024-12-31 11906247 d:RetainedEarningsAccumulatedLosses 2023-12-31 11906247 c:OrdinaryShareClass1 2024-01-01 2024-12-31 11906247 c:OrdinaryShareClass1 2024-12-31 11906247 c:OrdinaryShareClass2 2024-01-01 2024-12-31 11906247 c:OrdinaryShareClass2 2024-12-31 11906247 c:OrdinaryShareClass3 2024-01-01 2024-12-31 11906247 c:OrdinaryShareClass3 2024-12-31 11906247 c:FRS102 2024-01-01 2024-12-31 11906247 c:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 11906247 c:FullAccounts 2024-01-01 2024-12-31 11906247 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 11906247 e:PoundSterling 2024-01-01 2024-12-31 11906247 d:EntityControlledByKeyManagementPersonnel1 2024-01-01 2024-12-31 11906247 d:EntityControlledByKeyManagementPersonnel1 2024-12-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 11906247









BIJOU LIVING LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2024

 
BIJOU LIVING LIMITED
REGISTERED NUMBER: 11906247

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

  

Current assets
  

Stocks
 5 
7,931,682
12,651,399

Debtors: amounts falling due within one year
 6 
18,912
40,362

Cash at bank and in hand
 7 
98,688
260,936

  
8,049,282
12,952,697

Creditors: amounts falling due within one year
 8 
(189,177)
(90,748)

Net current assets
  
 
 
7,860,105
 
 
12,861,949

Total assets less current liabilities
  
7,860,105
12,861,949

Creditors: amounts falling due after more than one year
 9 
(8,990,635)
(13,161,521)

  

Net liabilities
  
(1,130,530)
(299,572)


Capital and reserves
  

Called up share capital 
 11 
133
133

Profit and loss account
  
(1,130,663)
(299,705)

  
(1,130,530)
(299,572)

Page 1

 
BIJOU LIVING LIMITED
REGISTERED NUMBER: 11906247
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 DECEMBER 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the Statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 23 April 2025.




M G Clare
Director

The notes on pages 3 to 9 form part of these financial statements.
Page 2

 
BIJOU LIVING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Bijou Living Limited is a company limited by shares, incorporated in England and Wales. The address of the registered office is Sanderum House, Oakley Road, Chinnor, England, OX39 4TW.
The company specialises in the development of building projects.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

The financial statements are prepared on a going concern basis, despite the Statement of financial position showing net liabilities of £1,130,530 (2023 - £299,572) which includes amounts owed to related parties of £8,990,635 (2023 - £13,164,603). The director has indicated his willingness to continue providing financial support to the company to ensure that the company has sufficient current assets to meet its liabilities as they fall due for a period of at least one year from the date of approval of the financial statements. As such, the director believes that there are no significant uncertainties in his assessment of whether the business is a going concern and therefore have prepared the accounts on a going concern basis.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Page 3

 
BIJOU LIVING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to the Statement of comprehensive income on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.5

Borrowing costs

All borrowing costs are recognised in the Statement of comprehensive income in the year in which they are incurred.

 
2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in the Statement of comprehensive income when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

Taxation

Tax is recognised in the Statement of comprehensive income except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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 income.

 
2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
BIJOU LIVING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)


2.8
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
33%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of comprehensive income.

 
2.9

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in the Statement of comprehensive income.

 
2.10

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.11

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.12

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 3).

Page 5

 
BIJOU LIVING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

4.


Tangible fixed assets





Computer equipment

£



Cost


At 1 January 2024
1,606



At 31 December 2024

1,606



Depreciation


At 1 January 2024
1,606



At 31 December 2024

1,606



Net book value



At 31 December 2024
-



At 31 December 2023
-


5.


Stocks

2024
2023
£
£

Stocks
4,037,710
7,416,594

Work in progress
3,893,972
5,234,805

7,931,682
12,651,399


Page 6

 
BIJOU LIVING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

6.


Debtors

2024
2023
£
£


Other debtors
18,912
30,606

Prepayments and accrued income
-
9,756

18,912
40,362



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
98,688
260,936

98,688
260,936



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
5,886
3,638

Other taxation and social security
63,545
15,314

Other creditors
139
5,546

Accruals and deferred income
119,607
66,250

189,177
90,748



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Other loans
8,990,635
13,161,521

8,990,635
13,161,521


Other loans of £8,990,635 (2023 - £13,161,521) are secured against stock.

Page 7

 
BIJOU LIVING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

10.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£



Amounts falling due 2-5 years

Other loans
8,990,635
13,161,521


8,990,635
13,161,521



11.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



80 Ordinary shares of £1 each
80
80
20 Ordinary A shares of £1 each
20
20
33 Ordinary B shares of £1 each
33
33

133

133

The Ordinary and Ordinary A class shares have full voting and capital distribution rights. The shares are a separate class of share for the payment of dividends.
The Ordinary B shares have no voting rights, capital distribution rights and dividend rights. 


12.


Pension commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £1,292 (2023 - £1,478).


13.


Related party transactions

During the year, the company wrote back £Nil (2023 - £751) due to the director. Included within other creditors is an amount of £Nil (2023 - £Nil) due to the director.
 
Included within other creditors is an amount of £Nil (2023 - £3,082) owed to Stable Ventures Limited, a company with a common director.
 
Included within other loans due after more than one year is an amount of £8,990,635 (2023 - £13,161,521) owed to Stable Ventures Limited, a company with a common director.

Page 8

 
BIJOU LIVING LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

14.


Controlling party

The ultimate controlling party is M G Clare by virtue of his 100% shareholding in the company.

 
Page 9