Company Registration No. 14430132 (England and Wales)
Bac Property Investment Limited
Unaudited accounts
for the year ended 31 October 2024
Bac Property Investment Limited
Unaudited accounts
Contents
Bac Property Investment Limited
Company Information
for the year ended 31 October 2024
Directors
Dominic Czeslaw ADAMCZYK
Dean Robert BRINDLEY
Daniel John CLARKE
Katherine Sarah Josephine VENES
Company Number
14430132 (England and Wales)
Registered Office
Unit 2
Burley House
Rowditch Place
Derby
Derbyshire
DE22 3LR
England
Bac Property Investment Limited
Statement of financial position
as at 31 October 2024
Investment property
734,171
332,308
Cash at bank and in hand
5,132
98,392
Creditors: amounts falling due within one year
(45,995)
(45,275)
Net current assets
62,210
97,379
Total assets less current liabilities
798,351
429,687
Creditors: amounts falling due after more than one year
(760,321)
(439,861)
Net assets/(liabilities)
38,030
(10,174)
Called up share capital
2
2
Revaluation reserve
62,229
-
Profit and loss account
(24,201)
(10,176)
Shareholders' funds
38,030
(10,174)
For the year ending 31 October 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 October 2025 and were signed on its behalf by
Dominic Czeslaw ADAMCZYK
Director
Company Registration No. 14430132
Bac Property Investment Limited
Notes to the Accounts
for the year ended 31 October 2024
Bac Property Investment Limited is a private company, limited by shares, registered in England and Wales, registration number 14430132. The registered office is Unit 2, Burley House, Rowditch Place, Derby, Derbyshire, DE22 3LR, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Reducing Balance
4
Tangible fixed assets
Fixtures & fittings
Fair value at 1 November 2023
332,308
Net gain from fair value adjustments
157,692
At 31 October 2024
734,171
Bac Property Investment Limited
Notes to the Accounts
for the year ended 31 October 2024
Amounts falling due within one year
Other debtors
103,073
44,262
7
Creditors: amounts falling due within one year
2024
2023
Loans from directors
44,555
44,555
8
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
555,562
201,481
Other creditors
204,759
238,380
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).