BSIL PROPERTY LTD


Directors	B S SAINI
	S K SAINI


Registered Address	106-110 Abingdon Road
	Oxford
	OX1 4PX


Registered Number	13302889 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		1,694		2,162
Investment property	4		1,485,000		1,500,000
			1,486,694		1,502,162
Current assets
Debtors		650		650
Cash at bank and on hand		27,388		16,077
		28,038		16,727
Creditors amounts falling due within one year	5	(492,613)		(519,432)
Net current assets (liabilities)			(464,575)		(502,705)
Total assets less current liabilities			1,022,119		999,457
Creditors amounts falling due after one year	6		(954,475)		(957,475)
Provisions for liabilities	7		(322)		(411)
Net assets			67,322		41,571
Capital and reserves
Called up share capital			1		1
Other reserves			(24,425)		(9,425)
Profit and loss account			91,746		50,995
Shareholders' funds			67,322		41,571

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 11 December 2025, and are signed on its behalf by:

B S SAINI
Director
Registered Company No. 13302889

BSIL PROPERTY LTD

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows: Plant and machinery is depreciated between 5 and 10 years straight line. The investment properties have not been depreciated

	Investment property
	Investment property is carried at fair value determined annually by external valuers 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. Changes in fair value are recognised in profit or loss

2.	Average number of employees


		2025		2024
	Average number of employees during the year	0		0

3.	Tangible fixed assets

	Plant & machinery	Total
	£	£
Cost or valuation
At 01 April 24	3,526	3,526
At 31 March 25	3,526	3,526
Depreciation and impairment
At 01 April 24	1,364	1,364
Charge for year	468	468
At 31 March 25	1,832	1,832
Net book value
At 31 March 25	1,694	1,694
At 31 March 24	2,162	2,162

4.	Investment property
	The valuation of the investment properties was made at 31 March 2025 by the directors on an open market basis. No depreciation is provided in respect of these properties.


		£
	Fair value at 01 April 24	1,500,000
	Fair value adjustments	(15,000)
	At 31 March 25	1,485,000

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	5,488	5,488
Taxation and social security	9,727	8,547
Other creditors	474,288	502,287
Accrued liabilities and deferred income	3,110	3,110
Total	492,613	519,432


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	954,475	957,475
Total	954,475	957,475


	The loans are secured on the investment properties.

7.	Provisions for liabilities

	2025	2024
	£	£
Other provisions	322	411
Total	322	411