IRIS Accounts Production v25.1.0.734 12882515 director 1.10.23 30.9.24 30.9.24 0 0 false true false false true false Fair value model Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh128825152023-09-30128825152024-09-30128825152023-10-012024-09-30128825152022-09-30128825152022-10-012023-09-30128825152023-09-3012882515ns15:EnglandWales2023-10-012024-09-3012882515ns14:PoundSterling2023-10-012024-09-3012882515ns10:Director12023-10-012024-09-3012882515ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3012882515ns10:SmallEntities2023-10-012024-09-3012882515ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3012882515ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3012882515ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3012882515ns10:FullAccounts2023-10-012024-09-3012882515ns10:OrdinaryShareClass12023-10-012024-09-3012882515ns10:RegisteredOffice2023-10-012024-09-3012882515ns5:CurrentFinancialInstruments2024-09-3012882515ns5:CurrentFinancialInstruments2023-09-3012882515ns5:Non-currentFinancialInstruments2024-09-3012882515ns5:Non-currentFinancialInstruments2023-09-3012882515ns5:ShareCapital2024-09-3012882515ns5:ShareCapital2023-09-3012882515ns5:RetainedEarningsAccumulatedLosses2024-09-3012882515ns5:RetainedEarningsAccumulatedLosses2023-09-3012882515ns5:ComputerEquipment2023-10-012024-09-3012882515ns5:ComputerEquipment2023-09-3012882515ns5:ComputerEquipment2024-09-3012882515ns5:ComputerEquipment2023-09-3012882515ns5:CostValuation2023-09-3012882515ns5:TransfersBetweenInvestmentClassesIncreaseDecreaseInInvestments2024-09-3012882515ns5:CostValuation2024-09-3012882515ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3012882515ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3012882515ns5:Secured2024-09-3012882515ns5:Secured2023-09-3012882515ns10:OrdinaryShareClass12024-09-30
REGISTERED NUMBER: 12882515 (England and Wales)









BCL PROPERTIES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024






BCL PROPERTIES LIMITED (REGISTERED NUMBER: 12882515)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BCL PROPERTIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: L F Roberts





REGISTERED OFFICE: Station House
North Street
Havant
Hampshire
PO9 1QU





REGISTERED NUMBER: 12882515 (England and Wales)





ACCOUNTANTS: Morris Crocker
Chartered Accountants
Station House
North Street
Havant
Hampshire
PO9 1QU

BCL PROPERTIES LIMITED (REGISTERED NUMBER: 12882515)

BALANCE SHEET
30 SEPTEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 393 523
Investments 5 - 5,000
Investment property 6 131,714 125,456
132,107 130,979

CURRENT ASSETS
Debtors 7 8,986 13,687
Investments 8 20,000 20,000
Cash at bank 17,331 9,369
46,317 43,056
CREDITORS
Amounts falling due within one year 9 105,089 110,558
NET CURRENT LIABILITIES (58,772 ) (67,502 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

73,335

63,477

CREDITORS
Amounts falling due after more than one
year

10

88,191

88,191
NET LIABILITIES (14,856 ) (24,714 )

CAPITAL AND RESERVES
Called up share capital 12 100 100
Retained earnings (14,956 ) (24,814 )
SHAREHOLDERS' FUNDS (14,856 ) (24,714 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

BCL PROPERTIES LIMITED (REGISTERED NUMBER: 12882515)

BALANCE SHEET - continued
30 SEPTEMBER 2024


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 2 May 2025 and were signed by:





L F Roberts - Director


BCL PROPERTIES LIMITED (REGISTERED NUMBER: 12882515)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

BCL 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 25% on reducing balance

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
Debtors and cash at bank: Trade and other debtors are recognised at the settlement amount due after any trade discount offered. prepayments are valued at the amount prepaid net of any trade discounts due. Cash at bank and in hand includes cash on deposit or in a current account.

Creditors and provisions: Creditors and provisions are recognised where there is a present obligation resulting from a past event that will probably result in the transfer of economic benefits to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

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 at the balance sheet date, except as otherwise required in the paragraphs below.

Unrelieved 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.

Deferred tax shall not be recognised on permanent differences, other than a business combination where assets (other than goodwill) give rise to an deferred tax asset or liability.

BCL PROPERTIES LIMITED (REGISTERED NUMBER: 12882515)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 October 2023
and 30 September 2024 1,240
DEPRECIATION
At 1 October 2023 717
Charge for year 130
At 30 September 2024 847
NET BOOK VALUE
At 30 September 2024 393
At 30 September 2023 523

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 October 2023 5,000
Reclassification/transfer (5,000 )
At 30 September 2024 -
NET BOOK VALUE
At 30 September 2024 -
At 30 September 2023 5,000

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023 125,456
Revaluations 6,258
At 30 September 2024 131,714
NET BOOK VALUE
At 30 September 2024 131,714
At 30 September 2023 125,456

BCL PROPERTIES LIMITED (REGISTERED NUMBER: 12882515)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

6. INVESTMENT PROPERTY - continued

Fair value at 30 September 2024 is represented by:
£   
Valuation in 2022 (10,351 )
Valuation in 2023 (4,544 )
Valuation in 2024 6,258
Cost 140,351
131,714

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 140,351 140,351

Investment property was valued on an open market basis on 30 September 2024 by the director .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 8,986 13,687

8. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Other 20,000 20,000

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other creditors 105,089 110,558

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 88,191 88,191

11. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 88,191 88,191

BCL PROPERTIES LIMITED (REGISTERED NUMBER: 12882515)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

12. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100