2024-01-01 03405275 2024-12-31 03405275 2024-01-01 2024-12-31 03405275 uk-bus:Director1 2024-01-01 2024-12-31 03405275 uk-bus:Director1 2024-12-31 03405275 uk-bus:Director2 2024-01-01 2024-12-31 03405275 uk-bus:Director2 2024-12-31 03405275 uk-bus:Director3 2024-01-01 2024-12-31 03405275 uk-bus:Director3 2024-12-31 03405275 2023-12-31 03405275 2023-01-01 2023-12-31 03405275 uk-core:WithinOneYear 2023-12-31 03405275 uk-core:WithinOneYear 2024-12-31 03405275 uk-core:AfterOneYear 2023-12-31 03405275 uk-core:AfterOneYear 2024-12-31 03405275 uk-core:ShareCapital 2024-12-31 03405275 uk-core:ShareCapital 2023-12-31 03405275 uk-core:RetainedEarningsAccumulatedLosses 2024-12-31 03405275 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 03405275 uk-core:CostValuation 2023-12-31 03405275 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2023-12-31 03405275 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2024-12-31 03405275 uk-core:CostValuation 2024-12-31 03405275 uk-core:Non-currentFinancialInstruments 2024-12-31 03405275 uk-core:Non-currentFinancialInstruments 2023-12-31 iso4217:GBP xbrli:pure 03405275 uk-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 03405275 uk-bus:FRS102 2024-01-01 2024-12-31 03405275 uk-bus:FullAccounts 2024-01-01 2024-12-31 03405275 uk-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31
Bono Properties Number Two Limited
Registered Number:03405275
For the year ended 31 December 2024
England and Wales
Report of the Directors and Unaudited Financial Statements
2
For the year ended 31 December 2024
Bono Properties Number Two Limited
Contents Page
1
Directors' Report
2
Income Statement
3
Statement of Financial Position
4 to 5
Notes to the Financial Statements
3
For the year ended 31 December 2024
Bono Properties Number Two Limited
Directors' Report
The director presents his report and accounts for the year ended 31 December 2024.
Principal activities
The principal activity of the company continued to be that of real estate property management.
Directors
The director who served the company throughout the year was as follows:
Erika Ansar
Hanah Willmott
Ambareen Rushd
Hanah Willmott
Signed on behalf of the board of directors
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
Date:
16 July 2025
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4
For the year ended 31 December 2024
Bono Properties Number Two Limited
Income Statement
2023
£
2024
£
Notes
Turnover
328,556
335,516
2
335,516
Gross profit
328,556
Administrative expenses
(282,902)
(279,182)
Operating profit
45,654
56,334
45,654
56,334
Profit before taxation
(8,674)
(11,069)
Taxation
36,980
Profit for the financial year
45,265
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5
Registered Number :
03405275
As at 31 December 2024
Bono Properties Number Two Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Financial assets
217,138
217,138
3
217,138
217,138
Current assets
Trade and other receivables
74,472
139,674
4
191,901
Cash and cash equivalents
168,566
308,240
266,373
Trade and other payables: amounts falling due within one
year
(125,436)
(130,323)
5
140,937
177,917
Net current assets
Total assets less current liabilities
395,055
358,075
Trade and other payables: amounts falling due after more
than one year
(100,000)
(100,000)
6
295,055
Net assets
258,075
Capital and reserves
Called up share capital
2
2
Retained earnings
295,053
258,073
295,055
258,075
Shareholders' funds
For the year ended 31 December 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 of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
Hanah Willmott
These financial statements were approved and authorised for issue by the Board on 16 July 2025 and were signed by:
The notes form part of these financial statements
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For the year ended 31 December 2024
Bono Properties Number Two Limited
Notes to the Financial Statements
Statutory Information
Bono Properties Number Two Limited is a private limited company, limited by shares, domiciled in England and
Wales, registration number 03405275.
Registered address:
Interpark House, 4th Floor
7 Down Street, London
W1J 7AJ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
2. Turnover
All turnover and profit on ordinary activities has been generated from the property management services and amounts to £328,556 (£335,516 in 2023). There is no relevant geographical analysis of turnover. The profit on ordinary activities before taxation amounted to £45,654 (£56,334 in 2023).
3. Investments held as fixed assets
Other investments
Total
At 01 January 2024
217,138
217,138
Cost
£
£
At 31 December 2024
217,138
217,138
At 31 December 2024
Net book value
217,138
217,138
At 01 January 2024
217,138
217,138
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For the year ended 31 December 2024
Bono Properties Number Two Limited
Notes to the Financial Statements Continued
4. Trade and other receivables
2023
2024
£
£
Trade debtors
37,006
-
Other debtors
102,668
74,472
74,472
139,674
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
2
-
Amounts owed to group undertaking and undertaking in which the
company has a participating interest
102,515
102,515
Taxation and social security
22,006
15,555
Other creditors
5,800
7,366
130,323
125,436
6. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Other creditors
100,000
100,000
7. Reserves
Retained Earnings B/Fwd = £258,073
Profit for the Y/E 31.12.24 = £36,980
Retained Earnings C/Fwd = £295,053
Profit and loss, retained earnings comprise of the above.
8. Average number of persons employed
During the year the average number of employees was 6 (2023 : 8)
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