REGISTERED NUMBER: 10754739 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

BC COMMERCIAL PROPERTIES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

CE Owen

AGB Cetnik

REGISTERED OFFICE:

9 & 11 Nelson Street

Southend On Sea

Essex

SS1 1EF

REGISTERED NUMBER:

10754739 (England and Wales)

ACCOUNTANTS:

Bewers Turner & Co LLP

Chartered Accountants

Portland House

11-13 Station Road

Kettering

Northamptonshire

NN15 7HH

FIXED ASSETS

Investment property

4

1,002,178

1,000,000

CURRENT ASSETS

Cash at bank

3,628

250

CREDITORS

Amounts falling due within one year

5

506,966

524,062

NET CURRENT LIABILITIES

(503,338

)

(523,812

)

TOTAL ASSETS LESS CURRENT LIABILITIES

498,840

476,188

CREDITORS

Amounts falling due after more than one year

6

386,448

393,886

NET ASSETS

112,392

82,302

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

112,292

82,202

SHAREHOLDERS' FUNDS

112,392

82,302

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 24th September 2025 and were signed on its behalf by:

AGB Cetnik - Director

1.	STATUTORY INFORMATION

BC Commercial Properties Ltd 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.

The financial statements have been prepared on a going concern basis, notwithstanding the company has net current liabilities, as the company receives financial support from the directors/shareholders.

Turnover

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

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st January 2024

1,000,000

Additions

2,178

At 31st December 2024

1,002,178

NET BOOK VALUE

At 31st December 2024

1,002,178

At 31st December 2023

1,000,000

Fair value at 31st December 2024 is represented by:

£

Valuation in 2020

(108,677

)

Valuation in 2023

(19,096

)

Cost

1,129,951

1,002,178

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

9,709

11,978

Taxation and social security

7,512

5,110

Other creditors

489,745

506,974

506,966

524,062

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

386,448

393,886

7.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank loans

396,157

405,864

The National Westminster Bank has a charge on the property.