Bns Homes Limited

	Page
Statement of Financial Position	1
Statement of Changes in Equity	2
Notes to the Financial Statements	3—4

Registered number: 15172193

		30 September 2024
	Notes	£	£
FIXED ASSETS
Investment Properties	4		166,989

			166,989
CURRENT ASSETS
Cash at bank and in hand		747

		747
Creditors: Amounts Falling Due Within One Year	5	(36,683 )

NET CURRENT ASSETS (LIABILITIES)			(35,936 )

TOTAL ASSETS LESS CURRENT LIABILITIES			131,053

Creditors: Amounts Falling Due After More Than One Year	6		(160,000 )

NET LIABILITIES			(28,947 )

CAPITAL AND RESERVES
Called up share capital	7		1,000
Income Statement			(29,947 )

SHAREHOLDERS' FUNDS			(28,947)

For the period ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.

On behalf of the board

Mr Ben Stenaj

Director

5 September 2025

The notes on pages 3 to 4 form part of these financial statements.

	Share Capital	Income Statement	Total
	£	£	£
As at 28 September 2023	1,000	-	1,000
Loss for the period and total comprehensive income	-	(29,947 )	(29,947)

As at 30 September 2024	1,000	(29,947 )	(28,947)

1. General Information

Bns Homes Limited is a private company, limited by shares, incorporated in England & Wales, registered number 15172193 . The registered office is 17 Gainsboro Gardens, Greenford, UB6 0JG.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

These financial statements are prepared in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

These financial statements for the period ended 30 September 2024 are the first financial statements of Bns Homes Limited prepared in accordance with FRS 102 (Section 1A), The Financial Reporting Standard applicable in the UK and Republic of Ireland. The date of adoption to FRS 102 (Section 1A) was 28 September 2023.

The financial statements are prepared in UK sterling, which is the financial currency of the entity. Monetary amounts in these financial statements are rounded to the nearest UK pound.

The principle accounting policies adopted are set below.

2.2. Going Concern Disclosure

The director has considered the prospect of the business for the next twelve months and beyond and has arrived at a reasonable expectation the company will continue to meet its obligations as they fall due. The director has also pledged their financial support to assist with this if required. On this basis, the director will continue to adopt the going concern basis of accounting in preparing the financial statements.

2.3. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the income statement.

2.4. Financial Instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors, creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

2.5. Taxation

Taxation for the year comprises current and deferred tax. 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 statement of financial position date.

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.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2.6. 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. Bank overdrafts are shown within borrowings in current liabilities.

Page 3

Page 4

Bns Homes Limited

Notes to the Financial Statements (continued)

For the Period 28 September 2023 to 30 September 2024

2.7. Critical Accounting Judgements and Key Sources of Estimation Uncertainty

In the application of the company's accounting policies management is required to make judgements, estimates and assumptions about the carrying

value of assets and liabilities that are not readily ascertainable from other sources. The estimates and underlying assumptions are based on historical

experience and other factors that are considered to be relevant. Actual outcomes may differ from these estimates.

The estimates and underlying assumptions are reviewed on a continuing basis. Revisions to accounting estimates are recognised in the period in

which the estimates are revised.

The key areas of estimation uncertainty that have a significant effect on the amounts recognised in the financial statements are described below:

Accrued Expenditure

The company includes a provision for invoices which are yet to be received from and amounts paid in advance to suppliers. These provisions are

estimated based upon the expected values of the invoices which are issued and services received following the period end.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 1

4. Investment Property

	30 September 2024
	£
Fair Value
As at 28 September 2023 and 30 September 2024	166,989

5. Creditors: Amounts Falling Due Within One Year

	30 September 2024
	£
Company credit card	3,639
Intercompany loan Account	31,640
Accruals and deferred income	1,000
Director's loan account	404

	36,683

6. Creditors: Amounts Falling Due After More Than One Year

	30 September 2024
	£
Bank loans	160,000

7. Share Capital

	30 September 2024
	£
Allotted, Called up and fully paid	1,000

During the period, the company issued 1,000 Ordinary Shares for the nominal value of £1 per share. As at 30 September 2024 there are 1,000 Ordinary Shares in issue.

8. Related Party Transactions

As at the year-end, the director's loan account balance of Mr Ben Stenaj is £403.60. This amount is a current liability, interest free and repayable on

demand.

As at the year-end, the intercompany account balance of BNS Construction Ltd is £31,640. This amount is a current liability, interest free and repayable on

demand.

Page 4