Company Registration No. 11189066 (England and Wales)
BMR Bagshot Ltd
Unaudited accounts
for the year ended 29 February 2024
BMR Bagshot Ltd
Unaudited accounts
Contents
BMR Bagshot Ltd
Company Information
for the year ended 29 February 2024
Director
Charles Mark Margulies
Secretary
Charles Margulies
Company Number
11189066 (England and Wales)
Registered Office
RUSSELL LODGE
23A ST. ANDREW'S GROVE
LONDON
N16 5NF
UNITED KINGDOM
BMR Bagshot Ltd
Statement of financial position
as at 29 February 2024
Called up share capital not paid
1
1
Tangible assets
13,210,338
12,694,385
Debtors
2,061,996
2,135,969
Cash at bank and in hand
5,422
3,371
Creditors: amounts falling due within one year
(6,746,811)
(5,906,284)
Net current liabilities
(4,679,393)
(3,766,944)
Total assets less current liabilities
8,530,946
8,927,442
Creditors: amounts falling due after more than one year
(8,511,842)
(8,986,992)
Net assets/(liabilities)
19,104
(59,550)
Called up share capital
1
1
Profit and loss account
19,103
(59,551)
Shareholders' funds
19,104
(59,550)
For the year ending 29 February 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 5 May 2025 and were signed on its behalf by
Charles Mark Margulies
Director
Company Registration No. 11189066
BMR Bagshot Ltd
Notes to the Accounts
for the year ended 29 February 2024
BMR Bagshot Ltd is a private company, limited by shares, registered in England and Wales, registration number 11189066. The registered office is RUSSELL LODGE, 23A ST. ANDREW'S GROVE, LONDON, N16 5NF, 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 historical cost.
4
Tangible fixed assets
Land & buildings
At 1 March 2023
12,694,385
At 29 February 2024
13,210,338
At 29 February 2024
13,210,338
At 28 February 2023
12,694,385
Amounts falling due within one year
Other debtors
2,061,996
2,132,792
BMR Bagshot Ltd
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
773,327
51,219
Trade creditors
8,431
20,015
Taxes and social security
6,254
-
Other creditors
5,955,559
5,830,850
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
8,511,842
8,986,992
The above loans are secured on the company's properties.
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).