B & D Investments Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 09320638

B & D Investments Ltd

Filleted Unaudited Financial Statements

31 March 2025

B & D Investments Ltd

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5	6,573,128	5,913,990
Investments	6	3,767,614	1,847,984
		-------------	------------
		10,340,742	7,761,974

Current assets

Debtors	7	809,318	1,169,221
Cash at bank and in hand		4,362,901	4,223,649
		------------	------------
		5,172,219	5,392,870

Creditors: amounts falling due within one year	8	278,145		118,842
		------------		------------
Net current assets			4,894,074	5,274,028
			-------------	-------------
Total assets less current liabilities			15,234,816	13,036,002

Provisions

Taxation including deferred tax	( 38,998)	6,926
	-------------	-------------
Net assets	15,273,814	13,029,076
	-------------	-------------

Capital and reserves

Called up share capital	12	12
Profit and loss account	15,273,802	13,029,064
	-------------	-------------
Shareholders funds	15,273,814	13,029,076
	-------------	-------------

These 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 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 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 financial statements .

B & D Investments Ltd

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 17 December 2025 , and are signed on behalf of the board by:

Mr C Smith

Director

Company registration number: 09320638

B & D Investments Ltd

Notes to the 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 Redleaf, 2 High Oakham Drive, Mansfield, Nottinghamshire, NG18 5AL, England.

2. Statement of compliance

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

Taxation

The taxation expense represents the aggregate amount of current 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.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

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.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures and fittings	-	15% straight line

Investment property

Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.

Investments in associates

Investments in associates accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income/profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Tangible assets

	Land and buildings	Fixtures and fittings	Total
	£	£	£
Cost or valuation
At 1 April 2024	5,887,662	52,307	5,939,969
Additions	838,449	3,038	841,487
Revaluations	( 174,047)	–	( 174,047)
	------------	--------	------------
At 31 March 2025	6,552,064	55,345	6,607,409
	------------	--------	------------
Depreciation
At 1 April 2024	–	25,979	25,979
Charge for the year	–	8,302	8,302
	------------	--------	------------
At 31 March 2025	–	34,281	34,281
	------------	--------	------------
Carrying amount
At 31 March 2025	6,552,064	21,064	6,573,128
	------------	--------	------------
At 31 March 2024	5,887,662	26,328	5,913,990
	------------	--------	------------

Following research carried out by the directors at the balance sheet date they believe there has been change in fair value of some of the freehold investment properties. The historical cost of the properties when acquired was £7,028,397 (2024 - £6,189,949).

6. Investments

	Shares in group undertakings	Shares in participating interests	Other investments other than loans	Other loans	Total
	£	£	£	£	£
Cost
At 1 April 2024	4,749	10	1,167,615	675,610	1,847,984
Additions	–	305,569	1,995,418	1,837,192	4,138,179
Disposals	( 4,748)	–	( 992,663)	( 1,225,935)	(2,223,346)
Revaluations	–	–	4,797	–	4,797
	-------	---------	------------	------------	------------
At 31 March 2025	1	305,579	2,175,167	1,286,867	3,767,614
	-------	---------	------------	------------	------------
Impairment
At 1 April 2024 and 31 March 2025	–	–	–	–	–
	-------	---------	------------	------------	------------

Carrying amount
At 31 March 2025	1	305,579	2,175,167	1,286,867	3,767,614
	-------	---------	------------	------------	------------
At 31 March 2024	4,749	10	1,167,615	675,610	1,847,984
	-------	---------	------------	------------	------------

7. Debtors

	2025	2024
	£	£
Trade debtors	27,750	27,750
Other debtors	781,568	1,141,471
	---------	------------
	809,318	1,169,221
	---------	------------

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Amounts owed to group undertakings and undertakings in which the company has a participating interest	2	2
Social security and other taxes	4,625	4,625
Other creditors	273,518	114,215
	---------	---------
	278,145	118,842
	---------	---------