COMPANY REGISTRATION NUMBER:
07718870
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BC Hammersmith Property Limited |
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Filleted Unaudited Financial Statements |
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BC Hammersmith Property Limited |
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Statement of Financial Position |
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31 March 2025
Current assets
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Debtors |
5 |
6,582,136 |
|
6,576,042 |
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Cash at bank and in hand |
255,664 |
|
30,106 |
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------------ |
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------------ |
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6,837,800 |
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6,606,148 |
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Creditors: amounts falling due within one year |
6 |
3,766,294 |
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3,451,837 |
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------------ |
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Net current assets |
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3,071,506 |
3,154,311 |
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------------ |
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Total assets less current liabilities |
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3,071,506 |
3,154,311 |
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------------ |
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Net assets |
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3,071,506 |
3,154,311 |
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------------ |
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Capital and reserves
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Called up share capital |
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1 |
1 |
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Profit and loss account |
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3,071,505 |
3,154,310 |
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Shareholders funds |
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3,071,506 |
3,154,311 |
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------------ |
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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
.
These financial statements were approved by the
board of directors
and authorised for issue on
23 December 2025
, and are signed on behalf of the board by:
Company registration number:
07718870
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BC Hammersmith Property Limited |
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Notes to the Financial Statements |
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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 Scale Space, 58 Wood Lane, London, W12 7RZ, United Kingdom.
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.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Significant judgements The judgements (apart from those involving estimations) that management has made in the process of applying the entity's accounting policies and that have the most significant effect on the amounts recognised in the financial statements are as follows: Property value: The property has been measured at market value annually. Where the directors do not believe there has been a significant change in value no formal revaluation and subsequent change in the financial statements has occurred. Note that the property has sold post year end and the directors have used this sales value to reflect the market value at the year end.
Financial instruments
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Non basic financial assets, to include interest rate swap agreements, are held at fair value with movements going to the profit and loss.
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.
Debtors
|
2025 |
2024 |
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£ |
£ |
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Other debtors |
6,582,136 |
6,576,042 |
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6.
Creditors:
amounts falling due within one year
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2025 |
2024 |
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£ |
£ |
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Trade creditors |
424,020 |
401,058 |
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Other creditors |
3,342,274 |
3,050,779 |
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------------ |
------------ |
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3,766,294 |
3,451,837 |
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------------ |
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7.
Related party transactions
At the year end the company had loan debtors of £6,528,528 (2024: £6,517,357) with companies related by virtue of common control and Directorship. At the year end the company had loan creditors of £2,591,214 (2024: £2,341,214) with companies related by virtue of common control and Directorship. At the year end the company had Trade creditors of £22,661 (2024: £nil) with companies related by virtue of common control and Directorship.
8.
Controlling party
The ultimate parent company of
BC Hammersmith Property Limited
is Blenheim Chalcot Properties Limited, a company registered in Mauritius. The registered address of the ultimate parent company is 4th Floor, Ebene Skies, Rue de L'Institut, Ebene 80817, Mauritius.