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REGISTERED NUMBER: 08017056 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

BUX LIMITED

BUX LIMITED (REGISTERED NUMBER: 08017056)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BUX LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2025







DIRECTORS: Y A Bux
A Bux





REGISTERED OFFICE: Barton Hall
Garstang Road
Broughton
Preston
Lancashire
PR3 5BT





REGISTERED NUMBER: 08017056 (England and Wales)





ACCOUNTANTS: James Todd & Co
Greenbank House
141 Adelphi Street
Preston
Lancashire
PR1 7BH

BUX LIMITED (REGISTERED NUMBER: 08017056)

BALANCE SHEET
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,123,880 2,488,024
Investments 5 629,658 987,010
1,753,538 3,475,034

CURRENT ASSETS
Debtors 6 4,422,425 261,936
Cash at bank and in hand 107,234 1,162,981
4,529,659 1,424,917
CREDITORS
Amounts falling due within one year 7 2,506,285 1,840,062
NET CURRENT ASSETS/(LIABILITIES) 2,023,374 (415,145 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,776,912

3,059,889

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 3,776,612 3,059,589
3,776,912 3,059,889

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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 August 2025 and were signed on its behalf by:



Y A Bux - Director


BUX LIMITED (REGISTERED NUMBER: 08017056)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2025


1. STATUTORY INFORMATION

Bux 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 Bux 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.

Income
All income is recognised in the Income Statement once the company has entitlement to the funds, it is probable that the income will be received, and the amount can be measured reliably.

Investment properties
Investment properties are recognised at open market value. Any aggregate surplus or deficit is taken to the "gains and losses on investment assets" on the Income Statement. The investment properties have been valued by the directors for the period ended 31 March 2024. The market value of the investment properties is not materially different to these values as at 31 March 2024.

Investments in subsidiaries
Investments in group undertakings are recognised at open market value. Any aggregate surplus or deficit being taken to "gains and losses on investment assets" in the Income Statement. The investments have been valued by the directors for the period ended 31 March 2024. The market value of the investments is not materially different to these values as at 31 March 2024.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


BUX LIMITED (REGISTERED NUMBER: 08017056)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2025


2. ACCOUNTING POLICIES - continued
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.

Financial instruments
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. Basic financial assets, which include investments, debtors and bank balances, are initially measured at transaction price, and are subsequently carried at cost. Basic financial liabilities, which include creditors, loans and borrowings, are initially recognised at transaction price and are subsequently carried at cost.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Investment
properties
£   
COST OR VALUATION
At 1 April 2024 2,488,024
Additions 597,427
Disposals (1,961,571 )
At 31 March 2025 1,123,880
NET BOOK VALUE
At 31 March 2025 1,123,880
At 31 March 2024 2,488,024

The investment properties are included at open market value as at 31 March 2025. The directors have valued the investment properties, and consider the market value of the investment properties will not be materially different to this amount.

Cost or valuation at 31 March 2025 is represented by:

Investment
properties
£   
Valuation in 2020 143,382
Valuation in 2023 14,165
Valuation in 2025 71,250
Cost 895,083
1,123,880

BUX LIMITED (REGISTERED NUMBER: 08017056)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2025


4. TANGIBLE FIXED ASSETS - continued

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

31.3.25 31.3.24
£    £   
Cost 895,083 2,330,477

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

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST OR VALUATION
At 1 April 2024 987,010
Additions 50
Disposals (354,000 )
Revaluations (3,402 )
At 31 March 2025 629,658
NET BOOK VALUE
At 31 March 2025 629,658
At 31 March 2024 987,010

Cost or valuation at 31 March 2025 is represented by:

Shares in
group
undertakings
£   
Valuation in 2020 474,367
Valuation in 2021 259,774
Valuation in 2022 71,335
Valuation in 2023 (241,304 )
Valuation in 2024 (6,587 )
Valuation in 2025 (3,352 )
Cost 75,425
629,658

The investments are at open market value as at 31 March 2025. The directors have valued the investments, and consider the market value of the investments will not be materially different to this amount.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Other debtors 4,422,425 261,936

BUX LIMITED (REGISTERED NUMBER: 08017056)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2025


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Social security and other taxes 4,804 1,185
Other creditors 2,474,915 1,312,089
Directors' current accounts 26,566 526,788
2,506,285 1,840,062

8. RELATED PARTY DISCLOSURES

The company owed £1,000,000 (2024 £1,050,000) to family members of Mr A Bux and £251,540 (2024: £251,540) to a company owned by a director.

The company is owed £4,187,414 (2024: £221,900) from companies owned by directors, and £164,700 (2024: £201,900) from a charity of which both directors are trustees.

All loans are interest free, unsecured and repayable on demand.















9. ULTIMATE CONTROLLING PARTY

The controlling party is A Bux.