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REGISTERED NUMBER: 05907039 (England and Wales)















B & D Investment Properties Limited

Unaudited Financial Statements

for the Year Ended 31 March 2025






B & D Investment Properties Limited (Registered number: 05907039)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


B & D Investment Properties Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: K C Thomas
Mrs S D Thomas
B R Thomas
D G Thomas



REGISTERED OFFICE: 4 King Square
Bridgwater
Somerset
TA6 3YF



REGISTERED NUMBER: 05907039 (England and Wales)



ACCOUNTANTS: Maxwells
Chartered Accountants
4 King Square
Bridgwater
Somerset
TA6 3YF



BANKERS: National Westminster Bank plc
89 High Street
Weston-super-Mare
Somerset
BS23 1JW

B & D Investment Properties Limited (Registered number: 05907039)

Abridged Statement of Financial Position
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Investment property 5 1,428,696 945,000

CURRENT ASSETS
Debtors 5,711 92,921

CREDITORS
Amounts falling due within one year 138,218 63,365
NET CURRENT (LIABILITIES)/ASSETS (132,507 ) 29,556
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,296,189

974,556

CREDITORS
Amounts falling due after more than one
year

6

(527,419

)

(222,815

)

PROVISIONS FOR LIABILITIES (100,000 ) (75,000 )
NET ASSETS 668,770 676,741

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 8 374,997 374,997
Retained earnings 293,673 301,644
SHAREHOLDERS' FUNDS 668,770 676,741

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 & D Investment Properties Limited (Registered number: 05907039)

Abridged Statement of Financial Position - continued
31 March 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Comprehensive Income and an abridged Statement of Financial Position for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20 May 2025 and were signed on its behalf by:





K C Thomas - Director


B & D Investment Properties Limited (Registered number: 05907039)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

B & D Investment 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The financial statements have been prepared in accordance with applicable Accounting Standards and estimation techniques.

At the time of approving the financial statements the directors have a reasonable expectation that the Company has adequate resources to continue in operation existence for the foreseeable future.

Investment property
Investment properties are stated at open market value.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

B & D Investment Properties Limited (Registered number: 05907039)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2024 945,000
Additions 483,696
At 31 March 2025 1,428,696
NET BOOK VALUE
At 31 March 2025 1,428,696
At 31 March 2024 945,000

Fair value at 31 March 2025 is represented by:
£   
Valuation in 2024 374,997
Cost 1,053,699
1,428,696

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

31.3.25 31.3.24
£    £   
Cost 1,053,699 570,003

Investment property was valued on an open market basis basis on 31 March 2025 by the directors .

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE
YEARS
31.3.25 31.3.24
£    £   
Repayable otherwise than by instalments
Bank loans 327,419 105,855

7. SECURED DEBTS

The following secured debts are included within creditors:

31.3.25 31.3.24
£    £   
Bank loans 577,419 252,055

Bank loans are secured over the property held by the company.

8. RESERVES
Revaluation
reserve
£   
At 1 April 2024
and 31 March 2025 374,997

B & D Investment Properties Limited (Registered number: 05907039)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

9. ULTIMATE CONTROLLING PARTY

The company was controlled during the current and previous period by its directors, K C Thomas and Mrs S D Thomas.