REGISTERED NUMBER: 06869986 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

BHC CAR PARKS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

G P Bloom

J S Leek

J J Wilkes

REGISTERED OFFICE:

Singers Hill Synagogue

Ellis Street

Birmingham

B1 1HL

REGISTERED NUMBER:

06869986 (England and Wales)

ACCOUNTANTS:

Holder Blackthorn LLP

Studio 2

50-54 St Pauls Square

Birmingham

B3 1QS

FIXED ASSETS

Tangible assets

4

-

-

Investment property

5

375,000

370,000

375,000

370,000

CURRENT ASSETS

Debtors

6

4,728

1,992

Cash at bank and in hand

14,030

4,850

18,758

6,842

CREDITORS

Amounts falling due within one year

7

26,469

32,050

NET CURRENT LIABILITIES

(7,711

)

(25,208

)

TOTAL ASSETS LESS CURRENT LIABILITIES

367,289

344,792

CREDITORS

Amounts falling due after more than one year

8

193,214

194,233

NET ASSETS

174,075

150,559

CAPITAL AND RESERVES

Called up share capital

10

1

1

Fair value reserve

11

150,440

145,440

Retained earnings

11

23,634

5,118

SHAREHOLDERS' FUNDS

174,075

150,559

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 August 2025 and were signed on its behalf by:

J J Wilkes - Director

1.	STATUTORY INFORMATION

BHC Car Parks 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

10% on cost

Investment property

Investment properties for which fair value can be measured reliably without undue cost or effort are measured at fair value at each reporting date with changes in fair value recognised in profit or loss.

For the purposes of clarity, as this surplus or deficit is not realised, a transfer is made to a separate 'Fair Value reserve'. This reserve does not form part of the company's distributable reserves.

Taxation

Taxation for the year comprises current and deferred tax, where the deferred tax is material. Tax is recognised in the Income Statement, 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.

No deferred tax is provided on the investment property revaluation as it is intended that any surplus realised on a future sale will be donated to the charitable parent and, therefore, will not be taxable.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

6,689

DEPRECIATION

At 1 January 2024

and 31 December 2024

6,689

NET BOOK VALUE

At 31 December 2024

-

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

370,000

Revaluations

5,000

At 31 December 2024

375,000

NET BOOK VALUE

At 31 December 2024

375,000

At 31 December 2023

370,000

Fair value at 31 December 2024 is represented by:

£

Valuation in 2021

105,440

Valuation in 2023

40,000

Valuation in 2024

5,000

Cost

224,560

375,000

The investment properties were valued by Georgina Homes Limited at 31 December 2024. The estate agents have based their opinion on the revalued fair value of the investment properties, by reference to their knowledge of the condition of the property and their judgement of the prevailing market prices for similar properties in the locality of the properties.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

4,728

1,992

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

12,106

11,661

Trade creditors

4,104

3,989

Taxation and social security

3,121

2,236

Other creditors

7,138

14,164

26,469

32,050

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

44,388

54,419

Amounts owed to related undertakings

148,826

139,814

193,214

194,233

Amounts falling due in more than five years:

Repayable by instalments

Bank loans

-

7,774

9.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

56,494

66,080

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1

Ordinary

1

1

1

11.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 January 2024

5,118

145,440

150,558

Profit for the year

64,516

64,516

Transfer

(5,000

)

5,000

-

Donation to charitable parent

(41,000

)

-

(41,000

)

At 31 December 2024

23,634

150,440

174,074

12.	RELATED PARTY DISCLOSURES

The company is controlled by Birmingham Hebrew Congregation, a charity registered with The Charities Commission under charity number 222277.