Company Registration No. 12360016 (England and Wales)
BN PROPERTY LTD
Unaudited accounts
for the year ended 31 December 2024
BN PROPERTY LTD
Unaudited accounts
Contents
BN PROPERTY LTD
Company Information
for the year ended 31 December 2024
Directors
Bysal Nazreen Shimla Dahlan
Mohamed Bysal Jaffar
Company Number
12360016 (England and Wales)
Registered Office
7 Marston Gate
Broughton
Aylesbury
Buckinghamshire
HP22 7AA
England
Accountants
Genius Accountancy Ltd
27 Old Gloucester Street
London
WC1N 3AX
BN PROPERTY LTD
Statement of financial position
as at 31 December 2024
Investment property
441,500
435,000
Cash at bank and in hand
10,570
87,441
Creditors: amounts falling due within one year
(1,383)
(727)
Net current assets
20,439
89,014
Total assets less current liabilities
461,939
524,014
Creditors: amounts falling due after more than one year
(337,685)
(398,460)
Provisions for liabilities
Deferred tax
(23,567)
(23,567)
Net assets
100,687
101,987
Called up share capital
100
100
Revaluation reserve
100,468
100,468
Profit and loss account
119
1,419
Shareholders' funds
100,687
101,987
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 of Directors and authorised for issue on 29 April 2025 and were signed on its behalf by
Mohamed Bysal Jaffar
Director
Company Registration No. 12360016
BN PROPERTY LTD
Notes to the Accounts
for the year ended 31 December 2024
BN PROPERTY LTD is a private company, limited by shares, registered in England and Wales, registration number 12360016. The registered office is 7 Marston Gate, Broughton, Aylesbury, Buckinghamshire, HP22 7AA, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Fixtures & fittings
33.33%
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
BN PROPERTY LTD
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Fixtures & fittings
Fair value at 1 January 2024
435,000
At 31 December 2024
441,500
Amounts falling due within one year
Other debtors
11,252
2,300
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,383
727
8
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
337,685
339,796
Loans from directors
-
58,664
9
Average number of employees
During the year the average number of employees was 0 (2023: 1).