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Company Registration No. 13414135 (England and Wales)
BOBBERS MILL DEVCO LIMITED Unaudited accounts for the year ended 31 May 2024
BOBBERS MILL DEVCO LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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BOBBERS MILL DEVCO LIMITED Company Information for the year ended 31 May 2024
Director
Warjinder Singh KHAMBA
Company Number
13414135 (England and Wales)
Registered Office
25 Llanberis Grove Nottingham Nottinghamshire NG8 5DP England
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BOBBERS MILL DEVCO LIMITED Statement of financial position as at 31 May 2024
2024
2023
Notes
£
£
Fixed assets
Investment property
4
1,659,000
1,659,000
Current assets
Debtors
5
368,307
359,187
Cash at bank and in hand
1
1
368,308
359,188
Creditors: amounts falling due within one year
6
(95,004)
(93,009)
Net current assets
273,304
266,179
Total assets less current liabilities
1,932,304
1,925,179
Creditors: amounts falling due after more than one year
7
(2,053,095)
(1,962,186)
Net liabilities
(120,791)
(37,007)
Capital and reserves
Called up share capital
8
1
1
Profit and loss account
(120,792)
(37,008)
Shareholders' funds
(120,791)
(37,007)
For the year ending 31 May 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 23 May 2025 and were signed on its behalf by
Warjinder Singh KHAMBA Director Company Registration No. 13414135
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BOBBERS MILL DEVCO LIMITED Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
BOBBERS MILL DEVCO LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13414135. The registered office is 25 Llanberis Grove, Nottingham, Nottinghamshire, NG8 5DP, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
4
Investment property
2024
£
Fair value at 1 June 2023
1,659,000
At 31 May 2024
1,659,000
Valuation at cost price paid
5
Debtors
2024
2023
£
£
Amounts falling due after more than one year
Other debtors
368,307
359,187
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BOBBERS MILL DEVCO LIMITED Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
90,909
90,909
VAT
3,020
1,500
Trade creditors
600
125
Accruals
475
475
95,004
93,009
7
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans
819,091
819,091
Other creditors
1,234,004
1,143,095
2,053,095
1,962,186
8
Share capital
2024
2023
£
£
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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