Bingham Homes Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 12493873

Bingham Homes Limited

Filleted Unaudited Abridged Financial Statements

31 March 2025

Bingham Homes Limited

Abridged Financial Statements

Year Ended 31 March 2025

Contents	Page

Abridged statement of financial position	1

Notes to the abridged financial statements	3

Bingham Homes Limited

Abridged Statement of Financial Position

31 March 2025

	2025	2024
Note	£	£

Fixed Assets

Tangible assets	5	3,935,355	4,167,621

Current Assets

Debtors	24,425	23,850
Cash at bank and in hand	390,223	174,616
	---------	---------
	414,648	198,466

Creditors: amounts falling due within one year	428,670	429,522
	---------	---------
Net Current Liabilities	14,022	231,056
	------------	------------
Total Assets Less Current Liabilities	3,921,333	3,936,565

Creditors: amounts falling due after more than one year	1,104,212	1,181,035
	------------	------------
Net Assets	2,817,121	2,755,530
	------------	------------

Capital and Reserves

Called up share capital	7	4,000	4,000
Share premium account		2,549,736	2,549,736
Profit and loss account		263,385	201,794
		------------	------------
Shareholders Funds		2,817,121	2,755,530
		------------	------------

These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the abridged statement of income and retained earnings has not been delivered.

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .

All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

Bingham Homes Limited

Abridged Statement of Financial Position (continued)

31 March 2025

These abridged financial statements were approved by the board of directors and authorised for issue on 3 December 2025 , and are signed on behalf of the board by:

Mr D G Bingham

Director

Company registration number: 12493873

Bingham Homes Limited

Notes to the Abridged Financial Statements

Year Ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Chaperal Heath Road, Holmewood, Chesterfield, S42 5SJ, England.

2. Statement of compliance

These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The abridged financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for rental of properties owned by the business.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 5 (2024: 4 ).

5. Tangible assets

	£
Cost
At 1 April 2024	4,167,621
Additions	277,405
Disposals	( 509,671)
	------------
At 31 March 2025	3,935,355
	------------
Depreciation
At 1 April 2024 and 31 March 2025	–
	------------
Carrying amount
At 31 March 2025	3,935,355
	------------
At 31 March 2024	4,167,621
	------------

6. Securities

There is a legal charge, incorporating a fixed charge, over the properties and assets owned by the company.

7. Called up share capital

Issued, called up and fully paid

	2025		2024
	No.	£	No.	£
Ordinary shares of £ 1 each	4,000	4,000	4,000	4,000
	-------	-------	-------	-------