REGISTERED NUMBER: 07965139 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

BUX & CO. LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Y A Bux

REGISTERED OFFICE:

Barton Hall

Garstang Road

Broughton

Preston,

Lancashire

PR3 5BT

REGISTERED NUMBER:

07965139 (England and Wales)

ACCOUNTANTS:

James Todd & Co

Greenbank House

141 Adelphi Street

Preston

Lancashire

PR1 7BH

FIXED ASSETS

Tangible assets

4

-

1,720

Investments

5

1,022,705

1,256,350

Investment property

6

3,022,785

493,060

4,045,490

1,751,130

CURRENT ASSETS

Debtors

7

4,684,317

4,346,877

Cash at bank

829

10,660

4,685,146

4,357,537

CREDITORS

Amounts falling due within one year

8

4,551,716

3,863,341

NET CURRENT ASSETS

133,430

494,196

TOTAL ASSETS LESS CURRENT LIABILITIES

4,178,920

2,245,326

CREDITORS

Amounts falling due after more than one year

9

(4,167

)

(14,167

)

PROVISIONS FOR LIABILITIES

-

(356

)

NET ASSETS

4,174,753

2,230,803

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

4,174,653

2,230,703

SHAREHOLDERS' FUNDS

4,174,753

2,230,803

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 director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 September 2025 and were signed by:

Y A Bux - Director

1.	STATUTORY INFORMATION

Bux & Co. 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.

Preparation of consolidated financial statements

The financial statements contain information about Bux & Co. Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Investment property

The properties held by the company are classed as investment properties. Investment properties are stated at open market value, most recent valuation, at the balance sheet date. Gains or losses arising from the changes in the fair values of investment properties are included in the Income Statement for the period in which they arise.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Fixed asset investments

Investments in shares of associated companies or other investments are valued by the director with reference to the value of those companies at the year end and the market value of other investments.Gains or losses arising from the changes in the fair values of these investments are included in the Income Statement for the period in which they arise.

Financial instruments

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. Basic financial assets, which include investments, debtors and bank balances, are initially measured at transaction price, and are subsequently carried at cost. Basic financial liabilities, which include creditors, loans and borrowings, are initially recognised at transaction price, and are subsequently carried at cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

16,712

Disposals

(16,712

)

At 31 December 2024

-

DEPRECIATION

At 1 January 2024

14,992

Eliminated on disposal

(14,992

)

At 31 December 2024

-

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

1,720

5.	FIXED ASSET INVESTMENTS

31.12.24

31.12.23

£

£

Shareholdings

1,022,705

1,256,350

Additional information is as follows:

Other

investments

£

COST OR VALUATION

At 1 January 2024

1,230,260

Additions

2,800

Disposals

1,310

Revaluations

(226,665

)

At 31 December 2024

1,007,705

NET BOOK VALUE

At 31 December 2024

1,007,705

At 31 December 2023

1,230,260

Cost or valuation at 31 December 2024 is represented by:

Other

investments

£

Valuation in 2017

248,456

Valuation in 2018

461,539

Valuation in 2019

12,205

Valuation in 2020

230,374

Valuation in 2021

367,853

Valuation in 2022

187,886

Valuation in 2023

(503,659

)

Valuation in 2024

(152,984

)

Cost

156,035

1,007,705

Investments (neither listed nor unlisted) were as follows:

31.12.24

31.12.23

£

£

Cost / valuation b/f

26,090

15,000

Additions

-

11,090

Disposals

(11,090

)

-

15,000

26,090

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 January 2024

493,060

Additions

1,544,668

Revaluations

985,057

At 31 December 2024

3,022,785

NET BOOK VALUE

At 31 December 2024

3,022,785

At 31 December 2023

493,060

Fair value at 31 December 2024 is represented by:

£

Valuation in 2017

148,555

Valuation in 2021

25,000

Valuation in 2024

877,518

Cost

1,971,712

3,022,785

If investment properties had not been revalued they would have been included at the following historical cost:

31.12.24

31.12.23

£

£

Cost

1,971,712

319,505

Investment properties were valued on an open market basis on 31 December 2024 by the director .

The properties held by the company are classed as investment properties. No depreciation has been charged and freehold property is stated at open market value at the balance sheet date. The value stated at the balance sheet date has been taken from a valuation prepared by the director, Mr Y A Bux, on 31 December 2024, and stands at £3,022,785 (2023: £493,060). The indexed cost of the property,which is based upon indexation upto 31 December 2017, is £1,984,651 (2023: £332,444) It should be noted that indexation can only be calculated upto 31 December 2017, due to the removal of the indexation allowance from 1 January 2018.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Amounts owed by group undertakings

3,198,204

3,008,204

Amounts owed by participating interests

1,234,573

1,126,873

Other debtors

251,540

211,800

4,684,317

4,346,877

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

4,910

-

Amounts owed to group undertakings

18,200

225,000

Amounts owed to participating interests

150,000

-

Social security and other taxes

5,403

11,367

Other creditors

1,539,243

206,574

Directors' current accounts

2,823,960

3,410,400

4,551,716

3,863,341

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans - 1-2 years

4,167

10,000

Bank loans - 2-5 years

-

4,167

4,167

14,167

10.	RELATED PARTY DISCLOSURES

11.	ULTIMATE CONTROLLING PARTY