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BTL business Ltd
Registered Number:14526135
For the year ended 31 December 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2024
BTL business Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
14526135
As at 31 December 2024
BTL business Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
2
350,000
320,000
Investment property
350,000
320,000
Current assets
Trade and other receivables
1,529
409
3
75
Cash and cash equivalents
55
464
1,604
Trade and other payables: amounts falling due within one
year
(83,460)
(63,979)
4
(81,856)
(63,515)
Net current liabilities
Total assets less current liabilities
286,485
238,144
Trade and other payables: amounts falling due after more
than one year
(233,239)
(256,184)
5
30,301
Net assets
4,905
Capital and reserves
Called up share capital
1
1
Revaluation reserve
35,002
5,002
6
Retained earnings
(4,702)
(98)
30,301
4,905
Shareholders' funds
For the year ended 31 December 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
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 proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Pritpal Singh Bance Director
These financial statements were approved and authorised for issue by the Board on 29 September 2025 and were signed by:
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4
Registered Number :
14526135
For the year ended 31 December 2024
BTL business Ltd
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 31 December 2024
BTL business Ltd
Notes to the Financial Statements
Statutory Information
BTL business Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
14526135.
Registered address:
Flat 2
15 Hermon Hill
London
E11 2AR
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''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 costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
2. Investment property
Total
£
Fair value
At 01 January 2024
320,000
Fair value adjustments
30,000
At 31 December 2024
350,000
Net book value
At 31 December 2024
350,000
At 31 December 2023
320,000
3. Trade and other receivables
2023
2024
£
£
Other debtors
409
1,529
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6
For the year ended 31 December 2024
BTL business Ltd
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
1
-
Other creditors
63,978
83,460
63,979
83,460
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
256,184
233,239
6. Reserves
Total
£
Revaluation reserve at 01 January 2024
5,002
Revaluation of fixed assets
30,000
35,002
Revaluation reserve at 31 December 2024
7. Average number of persons employed
During the year the average number of employees was 0
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