REGISTERED NUMBER: 11795926 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

Bequest Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A East

J K Harris

REGISTERED OFFICE:

c/o Charnwood Accountants

The Point, Granite Way

Mountsorrel

Loughborough

Leicestershire

LE12 7TZ

REGISTERED NUMBER:

11795926 (England and Wales)

ACCOUNTANTS:

Charnwood Accountants & Business Advisors LLP

The Point

Granite Way

Mountsorrel

Loughborough

Leicestershire

LE12 7TZ

FIXED ASSETS

Tangible assets

4

19,306

23,489

Investment property

5

1,074,291

862,697

1,093,597

886,186

CURRENT ASSETS

Debtors

6

25,970

35,545

Cash at bank

32,196

23,410

58,166

58,955

CREDITORS

Amounts falling due within one year

7

283,796

266,576

NET CURRENT LIABILITIES

(225,630

)

(207,621

)

TOTAL ASSETS LESS CURRENT LIABILITIES

867,967

678,565

CREDITORS

Amounts falling due after more than one year

8

745,748

580,749

NET ASSETS

122,219

97,816

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

122,119

97,716

SHAREHOLDERS' FUNDS

122,219

97,816

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 December 2025 and were signed on its behalf by:

A East - Director

1.	STATUTORY INFORMATION

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

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

fittings

vehicles

Totals

£

£

£

COST

At 1 July 2024

27,891

11,000

38,891

Additions

2,103

-

2,103

At 30 June 2025

29,994

11,000

40,994

DEPRECIATION

At 1 July 2024

8,559

6,843

15,402

Charge for year

5,247

1,039

6,286

At 30 June 2025

13,806

7,882

21,688

NET BOOK VALUE

At 30 June 2025

16,188

3,118

19,306

At 30 June 2024

19,332

4,157

23,489

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2024

862,697

Additions

212,082

Disposals

(488

)

At 30 June 2025

1,074,291

NET BOOK VALUE

At 30 June 2025

1,074,291

At 30 June 2024

862,697

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Amounts owed by associates

24,384

34,384

Other debtors

1,586

1,161

25,970

35,545

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade creditors

1,053

1,300

Amounts owed to associates

75,617

75,664

Taxation and social security

4,605

354

Other creditors

202,521

189,258

283,796

266,576

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans

745,748

580,749