Bonson Estates Limited 15314153 false 2023-11-28 2024-11-30 2024-11-30 The principal activity of the company is purchase of property. Digita Accounts Production Advanced 6.30.9574.0 true true 15314153 2023-11-28 2024-11-30 15314153 2024-11-30 15314153 core:CurrentFinancialInstruments 2024-11-30 15314153 core:CurrentFinancialInstruments core:WithinOneYear 2024-11-30 15314153 bus:SmallEntities 2023-11-28 2024-11-30 15314153 bus:AuditExemptWithAccountantsReport 2023-11-28 2024-11-30 15314153 bus:FilletedAccounts 2023-11-28 2024-11-30 15314153 bus:SmallCompaniesRegimeForAccounts 2023-11-28 2024-11-30 15314153 bus:RegisteredOffice 2023-11-28 2024-11-30 15314153 bus:Director1 2023-11-28 2024-11-30 15314153 bus:PrivateLimitedCompanyLtd 2023-11-28 2024-11-30 15314153 countries:EnglandWales 2023-11-28 2024-11-30 iso4217:GBP xbrli:pure

Registration number: 15314153

Bonson Estates Limited

Unaudited Filleted Financial Statements

for the Period from 28 November 2023 to 30 November 2024

 

Bonson Estates Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Bonson Estates Limited

Company Information

Director

B S Bamforth

Registered office

4 Thirstin Mill Court
Honley
Holmfirth
West Yorkshire
HD9 6FB

 

Bonson Estates Limited

(Registration number: 15314153)
Balance Sheet as at 30 November 2024

Note

2024
£

Fixed assets

 

Investment property

4

221,223

Current assets

 

Cash at bank and in hand

 

1,338

Creditors: Amounts falling due within one year

5

(233,744)

Net current liabilities

 

(232,406)

Net liabilities

 

(11,183)

Capital and reserves

 

Retained earnings

(11,183)

Shareholders' deficit

 

(11,183)

For the financial period ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 9 June 2025
 

.........................................
B S Bamforth
Director

 

Bonson Estates Limited

Notes to the Unaudited Financial Statements for the Period from 28 November 2023 to 30 November 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
4 Thirstin Mill Court
Honley
Holmfirth
West Yorkshire
HD9 6FB
England

These financial statements were authorised for issue by the director on 9 June 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Bonson Estates Limited

Notes to the Unaudited Financial Statements for the Period from 28 November 2023 to 30 November 2024

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

4

Investment properties

 

Bonson Estates Limited

Notes to the Unaudited Financial Statements for the Period from 28 November 2023 to 30 November 2024

2024
£

Additions

221,223

At 30 November

221,223

There has been no valuation of investment property by an independent valuer.

5

Creditors

Creditors: amounts falling due within one year

Note

2024
£

Due within one year

 

Loans and borrowings

6

169,361

Amounts owed to group undertakings and undertakings in which the company has a participating interest

39,983

Other creditors

 

24,400

 

233,744

6

Loans and borrowings

Current loans and borrowings

2024
£

Bank borrowings

169,361