Bodrum Ege (NI) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: NI609462

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		160,950		-
Investment Properties	5		1,868,094		3,262,918
Investments	6		303		303

			2,029,347		3,263,221
CURRENT ASSETS
Debtors	7	6,113,569		5,426,887
Cash at bank and in hand		271,736		9,988

		6,385,305		5,436,875
Creditors: Amounts Falling Due Within One Year	8	(20,882 )		(20,884 )

NET CURRENT ASSETS (LIABILITIES)			6,364,423		5,415,991

TOTAL ASSETS LESS CURRENT LIABILITIES			8,393,770		8,679,212

NET ASSETS			8,393,770		8,679,212

CAPITAL AND RESERVES
Called up share capital	9		2		2
Profit and Loss Account			8,393,768		8,679,210

SHAREHOLDERS' FUNDS			8,393,770		8,679,212

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Bodrum Ege (NI) Limited

Balance Sheet (continued)

As At 28 February 2025

For the year ending 28 February 2025 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr James Patterson

Director

10/11/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Bodrum Ege (NI) Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number NI609462 . The registered office is 25b Seafront Road, Holywood , Down, BT18 0BB.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles

20% straight line

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2025	2024
Office and administration	2	2

	2	2

4. Tangible Assets

	Motor Vehicles
	£
Cost
As at 29 February 2024	-
Additions	160,950

As at 28 February 2025	160,950

Net Book Value
As at 28 February 2025	160,950

As at 29 February 2024	-

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Bodrum Ege (NI) Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

5. Investment Property

	2025
	£
Fair Value
As at 29 February 2024	3,262,918
Disposals	(1,394,824 )

As at 28 February 2025	1,868,094

6. Investments

	Unlisted
	£
Cost
As at 29 February 2024	303

As at 28 February 2025	303

Provision
As at 29 February 2024	-

As at 28 February 2025	-

Net Book Value
As at 28 February 2025	303

As at 29 February 2024	303

The company owns 100% of the ordinary share capital of the following companies, all of which are incorporated in Nothern Ireland, with the exception of Chalfont Park Midco Limited, which is incorporated in England & Wales, and who have a principal activity of property development;

Newco 1111 Ltd

Cultra Developments Ltd

JTJ Strabane Limited

Norwich House Developments Limited

Chalfont Park Midco Limited

7. Debtors

	2025	2024
	£	£
Due within one year
Other debtors	3,774,528	3,085,249
Amounts owed by subsidiaries	2,339,041	2,341,638

	6,113,569	5,426,887

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	(1 )	1
Other creditors	15,000	15,000
Directors' loan accounts	5,883	5,883

	20,882	20,884

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Bodrum Ege (NI) Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

10. Related Party Transactions

At the year end the company was owed £2,339,041 (2024: £2,341,638) by a subsidiary, Chalfont Park Midco Limited.

It also had balances due from/to other related companies;

£3,774,528 owed to the company (2024:£3,085,249)
£15,000 owed by the company (2024:£15,000)

11. Ultimate Controlling Party

The company's ultimate controlling party is James Patterson by virtue of his ownership of the issued share capital in the company.

12. Audit Information

The auditor's report on the accounts of Bodrum Ege (NI) Limited for the year ended 28 February 2025 was unqualified.

The auditor's report was signed by Statutory Auditor.

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