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Company Registration No. 11675376 (England and Wales)
BG REAL ESTATE LTD Unaudited accounts for the year ended 30 November 2024
BG REAL ESTATE LTD Unaudited accounts Contents
Page
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BG REAL ESTATE LTD Company Information for the year ended 30 November 2024
Director
Irfan Bin Ghaus
Company Number
11675376 (England and Wales)
Registered Office
29 HIND STREET BURNLEY BB10 1EQ UNITED KINGDOM
Accountants
AY Accountants LLP 2nd floor, 6 Oxford street Bolton Greater Manchester BL1 1RF
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BG REAL ESTATE LTD Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
128,740 
121,015 
Current assets
Cash at bank and in hand
3,222 
8,047 
Creditors: amounts falling due within one year
(124,355)
(129,769)
Net current liabilities
(121,133)
(121,722)
Net assets/(liabilities)
7,607 
(707)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
7,606 
(708)
Shareholders' funds
7,607 
(707)
For the year ending 30 November 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 August 2025 and were signed on its behalf by
Irfan Bin Ghaus Director Company Registration No. 11675376
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BG REAL ESTATE LTD Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
BG REAL ESTATE LTD is a private company, limited by shares, registered in England and Wales, registration number 11675376. The registered office is 29 HIND STREET, BURNLEY, BB10 1EQ, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment Property
Investment Property, which is held to earn rentals and/or for capital appreciation, is initially recognized at cost which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting date. Gains or losses are recognized in the income statement Investment Property is included at cost. The director believes the historical cost of the investment properties is a fair representation of their existing market value.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 December 2023
128,740 
At 30 November 2024
128,740 
Depreciation
At 1 December 2023
7,725 
Charge for the year
(7,725)
At 30 November 2024
- 
Net book value
At 30 November 2024
128,740 
At 30 November 2023
121,015 
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BG REAL ESTATE LTD Notes to the Accounts for the year ended 30 November 2024
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
14,966 
24,336 
Taxes and social security
139 
762 
Other creditors
14,000 
14,000 
Loans from directors
94,710 
88,921 
Accruals
540 
1,750 
124,355 
129,769 
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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