REGISTERED NUMBER: 06457988 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

BPP Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs Raxika Nahendrabhai Patel

Mr Prakash Narottambhai Patel

Mr Nahendra Nathubhai Patel

Mrs Anjana Patel

Mr Pranay Jayantilal Paw

Mrs Kajal Pranay Paw

SECRETARY:

Mr Prakash Narottambhai Patel

REGISTERED OFFICE:

Prima House

15a Wedge Street

Walsall

WS1 2HQ

REGISTERED NUMBER:

06457988 (England and Wales)

ACCOUNTANTS:

Dhillon Accountants Limited

Chartered Accountants

Office 1

21 Hatherton Street

Walsall

WS4 2LA

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

62,194

1,650

62,194

1,650

CURRENT ASSETS

Debtors

6

291,906

302,302

Cash at bank and in hand

43,159

72,009

335,065

374,311

CREDITORS

Amounts falling due within one year

7

(267,599

)

(462,074

)

NET CURRENT ASSETS/(LIABILITIES)

67,466

(87,763

)

TOTAL ASSETS LESS CURRENT LIABILITIES

129,660

(86,113

)

CREDITORS

Amounts falling due after more than one year

8

-

(21,000

)

NET ASSETS/(LIABILITIES)

129,660

(107,113

)

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

129,460

(107,313

)

SHAREHOLDERS' FUNDS

129,660

(107,113

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 30 September 2025 and were signed on its behalf by:

Mr Nahendra Nathubhai Patel - Director

1.	STATUTORY INFORMATION

BPP Properties 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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes commissions earned from the sale of properties and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of ten years.

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

-

33% on reducing balance and 15% on reducing balance

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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 assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2024 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

542,555

AMORTISATION

At 1 April 2024

and 31 March 2025

542,555

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

46,269

Additions

62,250

Disposals

(4,037

)

At 31 March 2025

104,482

DEPRECIATION

At 1 April 2024

41,029

Charge for year

1,259

At 31 March 2025

42,288

NET BOOK VALUE

At 31 March 2025

62,194

At 31 March 2024

5,240

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Other debtors

291,906

302,302

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

-

18,000

Trade creditors

25,242

-

Taxation and social security

64,534

25,034

Other creditors

177,823

419,040

267,599

462,074

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

-

21,000

9.	RELATED PARTY DISCLOSURES

As of 31 March 2025, £291,773.55 (2024 - £285,998.58) was due from Don Investments Limited.

Pranay Paw, Prakash Patel and Nahendra Patel were also the directors of Don Investments Limited as of 31 March 2025.

Interest at 2.25% per annum was charged on the loan. The loan is repayable on demand.