Company registration number 2840047 (England and Wales)
BONHAM PROPERTIES LIMITED
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 13 NOVEMBER 2024
PAGES FOR FILING WITH REGISTRAR
BONHAM PROPERTIES LIMITED
COMPANY INFORMATION
Director
Mr W L Larkin
Company number
2840047
Registered office
Create Business Hub
Ground Floor , 5 Rayleigh Road
Hutton
Brentwood
Essex
CM13 1AB
Accountants
Xeinadin South East Ltd
Create Business Hub
Ground Floor , 5 Rayleigh Road
Hutton
Brentwood
Essex
CM13 1AB
BONHAM PROPERTIES LIMITED
CONTENTS
Page
Director's report
1
Accountants' report
2
Profit and loss account
3
Balance sheet
4
Notes to the financial statements
5 - 7
BONHAM PROPERTIES LIMITED
DIRECTOR'S REPORT
FOR THE YEAR ENDED 13 NOVEMBER 2024
- 1 -

The director presents his annual report and financial statements for the year ended 13 November 2024.

Director

The director who held office during the year and up to the date of signature of the financial statements was as follows:

Mr W L Larkin

 

Small companies exemption

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

On behalf of the board
Mr W L Larkin
Director
13 August 2025
BONHAM PROPERTIES LIMITED
REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF BONHAM PROPERTIES LIMITED
- 2 -

These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 13 November 2024.

We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.

On the balance sheet, you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give a true and fair view.

You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.

 

The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.

Xeinadin South East Ltd
Create Business Hub
Ground Floor , 5 Rayleigh Road
Hutton
Brentwood
Essex
CM13 1AB
13 August 2025
BONHAM PROPERTIES LIMITED
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 13 NOVEMBER 2024
- 3 -
2024
2023
£
£
Turnover
3,000
-
Administrative expenses
(880)
-
0
Profit before taxation
2,120
-
0
Tax on profit
-
0
-
0
Profit for the financial year
2,120
-
0

The profit and loss account has been prepared on the basis that all operations are continuing operations.

BONHAM PROPERTIES LIMITED
BALANCE SHEET
AS AT
13 NOVEMBER 2024
13 November 2024
- 4 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
17,718
17,998
Current assets
Debtors
4
360
360
Cash at bank and in hand
3,100
-
0
3,460
360
Creditors: amounts falling due within one year
5
(12,325)
(11,625)
Net current liabilities
(8,865)
(11,265)
Total assets less current liabilities
8,853
6,733
Creditors: amounts falling due after more than one year
6
(17,000)
(17,000)
Net liabilities
(8,147)
(10,267)
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
(8,149)
(10,269)
Total equity
(8,147)
(10,267)

For the financial year ended 13 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The financial statements were approved and signed by the director and authorised for issue on 13 August 2025
Mr W L Larkin
Director
Company registration number 2840047 (England and Wales)
BONHAM PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 13 NOVEMBER 2024
- 5 -
1
Accounting policies
Company information

Bonham 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.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Turnover

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

 

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

The company recognises revenue from the following major sources:

The nature, timing of satisfaction of performance obligations and significant payment terms of the company's major sources of revenue are as follows:

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Long leasehold
33% on straight line
Fixtures and fittings
33% on straight line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

BONHAM PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 13 NOVEMBER 2024
1
Accounting policies
(Continued)
- 6 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

 

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
-
0
-
0
3
Tangible fixed assets
Long leasehold
Fixtures and fittings
Total
£
£
£
Cost
At 14 November 2023 and 13 November 2024
25,228
6,185
31,413
Depreciation and impairment
At 14 November 2023
7,230
6,185
13,415
Depreciation charged in the year
280
-
0
280
At 13 November 2024
7,510
6,185
13,695
Carrying amount
At 13 November 2024
17,718
-
0
17,718
At 13 November 2023
17,998
-
0
17,998
BONHAM PROPERTIES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 13 NOVEMBER 2024
- 7 -
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Other debtors
360
360
5
Creditors: amounts falling due within one year
2024
2023
£
£
Other creditors
12,325
11,625
6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Other creditors
17,000
17,000
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