REGISTERED NUMBER: 03891181 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

B.S.L. PROPERTIES UK LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G D S Lingard

L F Lingard

E G Fox

SECRETARY:

L F Lingard

REGISTERED OFFICE:

Kings Chambers

High Street

Dudley

West Midlands

DY1 1QT

REGISTERED NUMBER:

03891181 (England and Wales)

ACCOUNTANTS:

Saxon & Co Accountants Ltd

Chartered Certified Accountants

Kings Chambers

Queens Cross

High Street

Dudley

West Midlands

DY1 1QT

FIXED ASSETS

Tangible assets

4

102

153

Investments

5

340,826

354,867

340,928

355,020

CURRENT ASSETS

Cash at bank

27,534

34,702

CREDITORS

Amounts falling due within one year

6

2,112

10,751

NET CURRENT ASSETS

25,422

23,951

TOTAL ASSETS LESS CURRENT LIABILITIES

366,350

378,971

CAPITAL AND RESERVES

Called up share capital

100

100

Fair value reserve

7

82,620

58,160

Retained earnings

7

283,630

320,711

SHAREHOLDERS' FUNDS

366,350

378,971

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 25 September 2025 and were signed on its behalf by:

G D S Lingard - Director

1.	STATUTORY INFORMATION

B.S.L. Properties UK 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.

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.

Tangible fixed assets

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

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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 January 2024

and 31 December 2024

540

DEPRECIATION

At 1 January 2024

387

Charge for year

51

At 31 December 2024

438

NET BOOK VALUE

At 31 December 2024

102

At 31 December 2023

153

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 January 2024

354,867

Revaluations

24,459

Dividends received

(38,500

)

At 31 December 2024

340,826

NET BOOK VALUE

At 31 December 2024

340,826

At 31 December 2023

354,867

Cost or valuation at 31 December 2024 is represented by:

Other

investments

£

Valuation in 2018

(812

)

Valuation in 2020

18,373

Valuation in 2021

37,867

Valuation in 2022

(34,384

)

Valuation in 2023

29,679

Valuation in 2024

24,459

Cost

265,644

340,826

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

1,001

1,303

Directors' current accounts

1,111

9,448

2,112

10,751

7.

RESERVES

Fair

Retained

value

earnings

reserve

Totals

£

£

£

At 1 January 2024

320,711

58,160

378,871

Profit for the year

22,378

22,378

Dividends

(35,000

)

(35,000

)

Revaluation of assets to FV

(24,459

)

24,460

1

At 31 December 2024

283,630

82,620

366,250