Company registration number 10894095 (England and Wales)
B YOURSELF PROPERTIES & INVESTMENTS LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024
PAGES FOR FILING WITH REGISTRAR
B YOURSELF PROPERTIES & INVESTMENTS LTD
COMPANY INFORMATION
Director
Mr B Temasfieldt
Company number
10894095
Registered office
Amelia House
Crescent Road
Worthing
West Sussex
BN11 1QR
Accountants
Carpenter Box
Amelia House
Crescent Road
Worthing
West Sussex
BN11 1RL
B YOURSELF PROPERTIES & INVESTMENTS LTD
CONTENTS
Page
Accountants' report
1
Balance sheet
2 - 3
Notes to the financial statements
4 - 8
B YOURSELF PROPERTIES & INVESTMENTS LTD
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF B YOURSELF PROPERTIES & INVESTMENTS LTD FOR THE YEAR ENDED 30 NOVEMBER 2024
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of B Yourself Properties & Investments Ltd for the year ended 30 November 2024 which comprise, the balance sheet and the related notes from the company’s accounting records and from information and explanations you have given us.

 

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the board of directors of B Yourself Properties & Investments Ltd, as a body, in accordance with the terms of our engagement letter dated 27 June 2023. Our work has been undertaken solely to prepare for your approval the financial statements of B Yourself Properties & Investments Ltd and state those matters that we have agreed to state to the board of directors of B Yourself Properties & Investments Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than B Yourself Properties & Investments Ltd and its board of directors as a body, for our work or for this report.

It is your duty to ensure that B Yourself Properties & Investments Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of B Yourself Properties & Investments Ltd. You consider that B Yourself Properties & Investments Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of B Yourself Properties & Investments Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Carpenter Box
18 August 2025
Chartered Accountants
Amelia House
Crescent Road
Worthing
West Sussex
BN11 1RL
B YOURSELF PROPERTIES & INVESTMENTS LTD
BALANCE SHEET
AS AT
30 NOVEMBER 2024
30 November 2024
- 2 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
4
5,931
-
0
Investment properties
5
586,000
616,924
Investments
6
414,405
394,655
1,006,336
1,011,579
Current assets
Debtors
7
119,127
121,101
Cash at bank and in hand
35,336
109,624
154,463
230,725
Creditors: amounts falling due within one year
8
(219,170)
(21,326)
Net current (liabilities)/assets
(64,707)
209,399
Total assets less current liabilities
941,629
1,220,978
Creditors: amounts falling due after more than one year
9
(200,386)
(212,706)
Net assets
741,243
1,008,272
Capital and reserves
Called up share capital
10
110
110
Profit and loss reserves
741,133
1,008,162
Total equity
741,243
1,008,272

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

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.

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.

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

B YOURSELF PROPERTIES & INVESTMENTS LTD
BALANCE SHEET (CONTINUED)
AS AT
30 NOVEMBER 2024
30 November 2024
- 3 -
The financial statements were approved and signed by the director and authorised for issue on 18 August 2025
Mr B Temasfieldt
Director
Company Registration No. 10894095
B YOURSELF PROPERTIES & INVESTMENTS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2024
- 4 -
1
Accounting policies
Company information

B Yourself Properties & Investments Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Amelia House, Crescent Road, Worthing, West Sussex, BN11 1QR.

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 for the revaluation of investment properties. The principal accounting policies adopted are set out below.

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

1.2
Going concern

At the balance sheet date the company had net current liabilities. However, included within current liabilities was an amount of £63,233 owed to the director that will not be repaid if it prejudiced third party creditors.true

Based on this assessment, at the time of approving the financial statements, the director has a reasonable expectation that the company has adequate to continue in operational existence for the foreseeable future.

Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.

The financial statements do not include any adjustment that would result from a withdrawal of the connected company support.

1.3
Turnover

Turnover is recognised at the fair value of the consideration receivable for rental income in the normal course of business.

1.4
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:

Computer equipment
25% per annum on a diminishing balance basis

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.

B YOURSELF PROPERTIES & INVESTMENTS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
1
Accounting policies
(Continued)
- 5 -
1.5
Investment properties

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.

1.6
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

1.7
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts.

1.8
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

1.9
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs.

 

Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.10
Taxation

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

Current tax

The tax currently payable is based on taxable profit for the year.

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.

B YOURSELF PROPERTIES & INVESTMENTS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
1
Accounting policies
(Continued)
- 6 -
1.11
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

2
Employees

The average monthly number of persons employed by the company during the year was 2 (2023 - 0).

3
Interest receivable and similar income
2024
2023
£
£
Interest receivable and similar income includes the following:
Income from shares in group undertakings
8,000
70,000
4
Tangible fixed assets
Computer equipment
£
Cost
At 1 December 2023
-
0
Additions
5,931
At 30 November 2024
5,931
Depreciation and impairment
At 1 December 2023 and 30 November 2024
-
0
Carrying amount
At 30 November 2024
5,931
At 30 November 2023
-
0
5
Investment property
2024
£
Fair value
At 1 December 2023
616,924
Revaluations
(30,924)
At 30 November 2024
586,000
B YOURSELF PROPERTIES & INVESTMENTS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
5
Investment property
(Continued)
- 7 -

The fair value of the investment property has been arrived at on the basis of a valuation carried out by the company director on 30 November 2024. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties. The historical cost of the properties totaled £673,932.

 

There are accumulated fair value losses on investment properties to 30 November 2024 of £87,932, these are included within the profit and loss reserves.

6
Fixed asset investments
2024
2023
£
£
Shares in group undertakings and participating interests
10
10
Loans
414,395
394,645
414,405
394,655
Movements in fixed asset investments
Shares in subsidiaries
Loans
Total
£
£
£
Cost or valuation
At 1 December 2023
10
394,645
394,655
Interest
-
28,693
28,693
At 30 November 2024
10
423,338
423,348
Carrying amount
At 30 November 2024
10
423,338
423,348
At 30 November 2023
10
394,645
394,655
Error! Does not agree to TB:
10
414,395
414,405
Difference
-
8,943
8,943
7
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
1,700
-
0
Amounts owed by group undertakings
112,466
113,021
Other debtors
4,961
8,080
119,127
121,101
B YOURSELF PROPERTIES & INVESTMENTS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2024
- 8 -
8
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans
10,655
7,352
Trade creditors
4,285
4,285
Taxation and social security
397
2,480
Other creditors
203,833
7,209
219,170
21,326
9
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
200,386
212,706

The bank loans in note 8 and 9 are secured against the underlying company assets.

10
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
110
110
110
110
2024-11-302023-12-01falsefalsefalse18 August 2025CCH SoftwareCCH Accounts Production 2025.100No description of principal activityMr B Temasfieldt108940952023-12-012024-11-3010894095bus:Director12023-12-012024-11-3010894095bus:RegisteredOffice2023-12-012024-11-30108940952024-11-30108940952023-11-3010894095core:ComputerEquipment2024-11-3010894095core:ComputerEquipment2023-11-3010894095core:CurrentFinancialInstrumentscore:WithinOneYear2024-11-3010894095core:CurrentFinancialInstrumentscore:WithinOneYear2023-11-3010894095core:Non-currentFinancialInstrumentscore:AfterOneYear2024-11-3010894095core:Non-currentFinancialInstrumentscore:AfterOneYear2023-11-3010894095core:CurrentFinancialInstruments2024-11-3010894095core:CurrentFinancialInstruments2023-11-3010894095core:ShareCapital2024-11-3010894095core:ShareCapital2023-11-3010894095core:RetainedEarningsAccumulatedLosses2024-11-3010894095core:RetainedEarningsAccumulatedLosses2023-11-3010894095core:ShareCapitalOrdinaryShareClass12024-11-3010894095core:ShareCapitalOrdinaryShareClass12023-11-3010894095core:ComputerEquipment2023-12-012024-11-30108940952022-12-012023-11-3010894095core:ComputerEquipment2023-11-30108940952023-11-3010894095core:Non-currentFinancialInstruments2024-11-3010894095core:Non-currentFinancialInstruments2023-11-3010894095core:WithinOneYear2024-11-3010894095core:WithinOneYear2023-11-3010894095bus:OrdinaryShareClass12023-12-012024-11-3010894095bus:OrdinaryShareClass12024-11-3010894095bus:OrdinaryShareClass12023-11-3010894095bus:PrivateLimitedCompanyLtd2023-12-012024-11-3010894095bus:FRS1022023-12-012024-11-3010894095bus:AuditExemptWithAccountantsReport2023-12-012024-11-3010894095bus:SmallCompaniesRegimeForAccounts2023-12-012024-11-3010894095bus:FullAccounts2023-12-012024-11-30xbrli:purexbrli:sharesiso4217:GBP