Acorah Software Products - Accounts Production 16.8.200 false true true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 14015028 Mr Bhimji Patel Mrs Jasuben Patel iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 14015028 2024-03-31 14015028 2025-03-31 14015028 2024-04-01 2025-03-31 14015028 frs-core:Non-currentFinancialInstruments 2025-03-31 14015028 frs-core:ShareCapital 2025-03-31 14015028 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 14015028 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 14015028 frs-bus:AbridgedAccounts 2024-04-01 2025-03-31 14015028 frs-bus:SmallEntities 2024-04-01 2025-03-31 14015028 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 14015028 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 14015028 frs-bus:Director1 2024-04-01 2025-03-31 14015028 frs-bus:Director2 2024-04-01 2025-03-31 14015028 frs-countries:EnglandWales 2024-04-01 2025-03-31 14015028 2023-03-31 14015028 2024-03-31 14015028 2023-04-01 2024-03-31 14015028 frs-core:Non-currentFinancialInstruments 2024-03-31 14015028 frs-core:ShareCapital 2024-03-31 14015028 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 14015028
B S Rental Properties Ltd
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2025
Cooper Young & Partners Ltd
Chartered Accountants
Hunter House
109 Snakes Lane West
Woodford Green
Essex
IG8 0DY
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 14015028
2025 2024
Notes £ £ £ £
FIXED ASSETS
Investment Properties 4 3,280,210 3,229,964
3,280,210 3,229,964
CURRENT ASSETS
Debtors 1,000 5,034
Cash at bank and in hand 40,600 47,968
41,600 53,002
Creditors: Amounts Falling Due Within One Year (171,023 ) (16,624 )
NET CURRENT ASSETS (LIABILITIES) (129,423 ) 36,378
TOTAL ASSETS LESS CURRENT LIABILITIES 3,150,787 3,266,342
Creditors: Amounts Falling Due After More Than One Year (3,009,809 ) (3,158,132 )
NET ASSETS 140,978 108,210
CAPITAL AND RESERVES
Called up share capital 5 100 100
Profit and Loss Account 140,878 108,110
SHAREHOLDERS' FUNDS 140,978 108,210
Page 1
Page 2
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.
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.
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 March 2025 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mrs Jasuben Patel
Director
17 December 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
B S Rental Properties Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14015028 . The registered office is 118 Castleview Gardens, Ilford, Essex, IG1 3QE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
The financial statements are presented in pounds sterling, which is the functional and presentational currency of the company.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rentals of investment properties. Turnover is reduced for estimated rent refunds, rebates and other similar allowances.
2.4. Investment Properties
The company owns multiple freehold investment properties, all of which are held for rental income and long-term capital appreciation.
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.
Investment properties are not depreciated.
2.5. Financial Instruments
The company applies the recognition and measurement provisions of FRS 102 Section 11.
Basic financial instruments are initially recognised at transaction price and subsequently measured at amortised cost.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 2)
1 2
4. Investment Property
2025
£
Fair Value
As at 1 April 2024 3,229,964
Additions 50,246
As at 31 March 2025 3,280,210
5. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
Page 4