IRIS Accounts Production v25.1.4.42 02027100 Board of Directors 1.10.23 30.9.24 30.9.24 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh020271002023-09-30020271002024-09-30020271002023-10-012024-09-30020271002022-09-30020271002022-10-012023-09-30020271002023-09-3002027100ns15:EnglandWales2023-10-012024-09-3002027100ns14:PoundSterling2023-10-012024-09-3002027100ns10:Director12023-10-012024-09-3002027100ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3002027100ns10:SmallEntities2023-10-012024-09-3002027100ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3002027100ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3002027100ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3002027100ns10:FullAccounts2023-10-012024-09-3002027100ns10:Director22023-10-012024-09-3002027100ns10:Director32023-10-012024-09-3002027100ns10:Director42023-10-012024-09-3002027100ns10:RegisteredOffice2023-10-012024-09-3002027100ns5:CurrentFinancialInstruments2024-09-3002027100ns5:CurrentFinancialInstruments2023-09-3002027100ns5:Non-currentFinancialInstruments2024-09-3002027100ns5:Non-currentFinancialInstruments2023-09-3002027100ns5:ShareCapital2024-09-3002027100ns5:ShareCapital2023-09-3002027100ns5:FurtherSpecificReserve3ComponentTotalEquity2024-09-3002027100ns5:FurtherSpecificReserve3ComponentTotalEquity2023-09-3002027100ns5:RetainedEarningsAccumulatedLosses2024-09-3002027100ns5:RetainedEarningsAccumulatedLosses2023-09-3002027100ns5:PlantMachinery2023-10-012024-09-3002027100ns5:FurnitureFittings2023-10-012024-09-3002027100ns5:ComputerEquipment2023-10-012024-09-3002027100ns5:PlantMachinery2023-09-3002027100ns5:FurnitureFittings2023-09-3002027100ns5:ComputerEquipment2023-09-3002027100ns5:PlantMachinery2024-09-3002027100ns5:FurnitureFittings2024-09-3002027100ns5:ComputerEquipment2024-09-3002027100ns5:PlantMachinery2023-09-3002027100ns5:FurnitureFittings2023-09-3002027100ns5:ComputerEquipment2023-09-3002027100ns5:CostValuation2023-09-3002027100ns5:RevaluationsIncreaseDecreaseInInvestments2024-09-3002027100ns5:CostValuation2024-09-3002027100ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3002027100ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3002027100ns5:CurrentFinancialInstruments2023-10-012024-09-3002027100ns5:Secured2024-09-3002027100ns5:Secured2023-09-3002027100ns10:Director222023-09-3002027100ns10:Director222022-09-3002027100ns10:Director222023-10-012024-09-3002027100ns10:Director222022-10-012023-09-3002027100ns10:Director222024-09-3002027100ns10:Director222023-09-30
REGISTERED NUMBER: 02027100 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

B.T.S. Group (Holdings) Limited

B.T.S. Group (Holdings) Limited (Registered number: 02027100)






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


B.T.S. Group (Holdings) Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: A K Sharma
P K Sharma
A K Sharma MRICS
B Sharma





REGISTERED OFFICE: Park House
37 Clarence Street
Leicester
Leicestershire
LE1 3RW





REGISTERED NUMBER: 02027100 (England and Wales)





ACCOUNTANTS: torr waterfield
Park House
37 Clarence Street
Leicester
Leicestershire
LE1 3RW

B.T.S. Group (Holdings) Limited (Registered number: 02027100)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 24,258 29,596
Investments 5 17,326 12,863
Investment property 6 4,176,538 4,176,538
4,218,122 4,218,997

CURRENT ASSETS
Debtors 7 80,286 45,271
Cash at bank 96,441 83,142
176,727 128,413
CREDITORS
Amounts falling due within one year 8 (397,485 ) (337,072 )
NET CURRENT LIABILITIES (220,758 ) (208,659 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,997,364

4,010,338

CREDITORS
Amounts falling due after more than one
year

9

(772,973

)

(780,925

)

PROVISIONS FOR LIABILITIES (374,028 ) (373,281 )
NET ASSETS 2,850,363 2,856,132

CAPITAL AND RESERVES
Called up share capital 200 200
Fair value reserve 1,711,912 1,711,912
Retained earnings 1,138,251 1,144,020
SHAREHOLDERS' FUNDS 2,850,363 2,856,132

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 directors acknowledge their 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.

B.T.S. Group (Holdings) Limited (Registered number: 02027100)

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 June 2025 and were signed on its behalf by:





A K Sharma MRICS - Director


B.T.S. Group (Holdings) Limited (Registered number: 02027100)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

B.T.S. Group (Holdings) 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Preparation of consolidated financial statements
The financial statements contain information about B.T.S. Group (Holdings) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover is measured at fair value of the consideration received or receivable in respect of rents and other recharges receivable, exclusive of value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is included at fair value. Gains are recognised in the profit and loss account. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold. The gains on investment properties are transferred to the non-distributable fair value reserve.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax 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.

B.T.S. Group (Holdings) Limited (Registered number: 02027100)

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 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 October 2023 153,949 36,721 15,941 206,611
Additions - 510 - 510
At 30 September 2024 153,949 37,231 15,941 207,121
DEPRECIATION
At 1 October 2023 128,373 36,721 11,921 177,015
Charge for year 3,836 32 1,980 5,848
At 30 September 2024 132,209 36,753 13,901 182,863
NET BOOK VALUE
At 30 September 2024 21,740 478 2,040 24,258
At 30 September 2023 25,576 - 4,020 29,596

5. FIXED ASSET INVESTMENTS
Shares in
group Other
undertakings investments Totals
£    £    £   
COST OR VALUATION
At 1 October 2023 100 12,763 12,863
Revaluations - 4,463 4,463
At 30 September 2024 100 17,226 17,326
NET BOOK VALUE
At 30 September 2024 100 17,226 17,326
At 30 September 2023 100 12,763 12,863

Cost or valuation at 30 September 2024 is represented by:

Shares in
group Other
undertakings investments Totals
£    £    £   
Valuation in 2022 - 12,763 12,763
Valuation in 2024 - 4,463 4,463
Cost 100 - 100
100 17,226 17,326

B.T.S. Group (Holdings) Limited (Registered number: 02027100)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 October 2023
and 30 September 2024 4,176,538
NET BOOK VALUE
At 30 September 2024 4,176,538
At 30 September 2023 4,176,538

The valuation of the investment properties has been completed by the directors and is based on rental yield.


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 18,462 14,000
Amounts owed by group undertakings 50,505 23,134
Other debtors 11,319 8,137
80,286 45,271

Other debtors include prepayments and accrued income of £5,047 (2023 - £1,865)

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 52,224 74,826
Trade creditors 122,168 113,813
Taxation and social security 23,515 35,577
Other creditors 199,578 112,856
397,485 337,072

Other creditors includes accruals and deferred income of £69,911 (2023 - £1,950).

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.9.24 30.9.23
£    £   
Bank loans 772,973 780,925

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more than 5 years 566,571 463,418

B.T.S. Group (Holdings) Limited (Registered number: 02027100)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

10. SECURED DEBTS

The following secured debts are included within creditors:

30.9.24 30.9.23
£    £   
Bank loans 825,197 855,751

The bank loan is secured on the investment property, and there is a cross guarantee by the subsidiary company BTS Clothing Limited.

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

30.9.24 30.9.23
£    £   
A K Sharma
Balance outstanding at start of year - -
Amounts advanced 19,276 8,581
Amounts repaid (19,276 ) (8,581 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

The above loan was subject to HMRC's official rate of interest and was repayable on demand.