REGISTERED NUMBER: 12468295 (England and Wales)

Financial Statements for the Year Ended 28 February 2025

for

BMS Estates Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs K V Sharp

B M Sharp

J Trout

Mrs J Trout

REGISTERED OFFICE:

16 Grosvenor Road

Batley

WF17 0LN

REGISTERED NUMBER:

12468295 (England and Wales)

ACCOUNTANTS:

Richard Smedley Limited

Chartered Accountants & Registered Auditors

Richmond House

Lawnswood Business Park

Redvers Close

Leeds

West Yorkshire

LS16 6QY

FIXED ASSETS

Investment property

4

430,000

430,000

CURRENT ASSETS

Debtors

5

1,312

375

Cash at bank

12,309

11,403

13,621

11,778

CREDITORS

Amounts falling due within one year

6

129,174

128,651

NET CURRENT LIABILITIES

(115,553

)

(116,873

)

TOTAL ASSETS LESS CURRENT LIABILITIES

314,447

313,127

CREDITORS

Amounts falling due after more than one year

7

(214,809

)

(220,659

)

PROVISIONS FOR LIABILITIES

(19,898

)

(19,898

)

NET ASSETS

79,740

72,570

CAPITAL AND RESERVES

Called up share capital

100

100

Non-distributable reserve

9

59,693

59,693

Retained earnings

19,947

12,777

79,740

72,570

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 14 November 2025 and were signed on its behalf by:

Mrs J Trout - Director

1.	STATUTORY INFORMATION

BMS Estates 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.

Turnover

Turnover is represented by net invoiced rent. It is recognised when the rent becomes due.

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.

Financial instruments

Basic financial instruments are recognised at amortised costs. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

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 NIL (2024 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 March 2024

and 28 February 2025

430,000

NET BOOK VALUE

At 28 February 2025

430,000

At 29 February 2024

430,000

Fair value at 28 February 2025 is represented by:

£

Valuation in 2022

45,590

Valuation in 2024

34,000

Cost

350,410

430,000

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Trade debtors

-

9

Other debtors

1,312

366

1,312

375

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

29.2.24

£

£

Bank loans and overdrafts

5,837

5,527

Taxation and social security

1,682

1,568

Other creditors

121,655

121,556

129,174

128,651

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.25

29.2.24

£

£

Bank loans

214,809

220,659

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

185,011

182,173

8.	SECURED DEBTS

The following secured debts are included within creditors:

28.2.25

29.2.24

£

£

Bank loans

220,646

226,186

Precise Mortgages have a fixed and floating charge over two properties and Paragon bank plc has a charge over one property.

9.

RESERVES

Non-distribu

reserve

£

At 1 March 2024

and 28 February 2025

59,693