Bainlye Holdings Limited 12302802 false 2024-09-01 2025-08-31 2025-08-31 The principal activity of the company is Property Holding & Rental Digita Accounts Production Advanced 6.30.9574.0 true 12302802 2024-09-01 2025-08-31 12302802 2025-08-31 12302802 bus:OrdinaryShareClass1 2025-08-31 12302802 core:CurrentFinancialInstruments 2025-08-31 12302802 core:CurrentFinancialInstruments core:WithinOneYear 2025-08-31 12302802 core:Non-currentFinancialInstruments 2025-08-31 12302802 core:Non-currentFinancialInstruments core:AfterOneYear 2025-08-31 12302802 bus:SmallEntities 2024-09-01 2025-08-31 12302802 bus:AuditExemptWithAccountantsReport 2024-09-01 2025-08-31 12302802 bus:FilletedAccounts 2024-09-01 2025-08-31 12302802 bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 12302802 bus:RegisteredOffice 2024-09-01 2025-08-31 12302802 bus:Director1 2024-09-01 2025-08-31 12302802 bus:OrdinaryShareClass1 2024-09-01 2025-08-31 12302802 bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 12302802 bus:Agent1 2024-09-01 2025-08-31 12302802 4 2024-09-01 2025-08-31 12302802 countries:AllCountries 2024-09-01 2025-08-31 12302802 2024-08-31 12302802 2023-09-01 2024-08-31 12302802 2024-08-31 12302802 bus:OrdinaryShareClass1 2024-08-31 12302802 core:CurrentFinancialInstruments 2024-08-31 12302802 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 12302802 core:Non-currentFinancialInstruments 2024-08-31 12302802 core:Non-currentFinancialInstruments core:AfterOneYear 2024-08-31 iso4217:GBP xbrli:pure xbrli:shares

Registrar

Registration number: 12302802

Bainlye Holdings Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 August 2025

Bainlye Holdings Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 6

Bainlye Holdings Limited

Company Information

Directors | A N Bwalya

Registered office | 3 Warners Mill Silks Way Braintree Essex CM7 3GB

Accountants | Lambert Chapman LLP Chartered accountants3 Warners Mill Silks Way Braintree Essex CM7 3GB

Bainlye Holdings Limited

(Registration number: 12302802)
Balance Sheet as at 31 August 2025

| Note | 2025 £ | (As restated) 2024 £
Fixed assets |  |  |
Investment property | 4 | 322,000 | 262,060
Current assets |  |  |
Debtors | 5 | 20 | 20
Cash at bank and in hand |  | 10,837 | 8,321
|  | 10,857 | 8,341
Creditors: Amounts falling due within one year | 6 | (84,192) | (84,974)
Net current liabilities |  | (73,335) | (76,633)
Total assets less current liabilities |  | 248,665 | 185,427
Creditors: Amounts falling due after more than one year | 6 | (176,352) | (176,352)
Provisions for liabilities |  | (13,735) | -
Net assets |  | 58,578 | 9,075
Capital and reserves |  |  |
Called up share capital | 7 | 1 | 1
Retained earnings |  | 58,577 | 9,074
Shareholders' funds |  | 58,578 | 9,075

For the financial year ended 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 20 January 2026

A N Bwalya
Director

Bainlye Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

1 | General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is: 3 Warners Mill, Silks Way, Braintree, Essex, CM7 3GB.

These financial statements were authorised for issue by the director on 20 January 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.
These financial statements are presented in Sterling (£), which is the company's functional currency.

Reclassification of comparative amounts

The prior period has been restated due to the reclassification of loans and borrowings included in creditors amounts falling due within one year totalling £6,012. This has had no effect on net assets or the profit before tax. As a result, 100% of the loan balance is now presented as falling due over one year.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the rental of investment properties.

Tax

Current Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

Trade debtors are amounts due from tenants for rents owed in the ordinary course of business.

Bainlye Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
business from suppliers. Trade creditors are classified as current liabilities if the company does not have an
unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

4 | Investment properties

| 2025 £
At 1 September | 262,060
Fair value adjustments | 59,940
At 31 August | 322,000

Investment property was valued by the director as at the balance sheet date.

5 | Debtors

| 2025 £ | 2024 £
Other debtors | 20 | 20
| 20 | 20

Bainlye Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

6 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | (As restated) 2024 £
Due within one year |  |
Taxation and social security | 774 | 563
Other creditors | 81,978 | 82,977
Accruals and deferred income | 1,440 | 1,434
| 84,192 | 84,974

Creditors: amounts falling due after more than one year

| Note | 2025 £ | (As restated) 2024 £
Due after one year |  |  |
Loans and borrowings | 8 | 176,352 | 176,352

Creditors falling due after one year include bank loans which are secured against investment property of £176,352 (2024 - £176,352).
Creditors include bank loans not repayable by instalments of £176,352 (2024 - £176,352) due after more than five years.

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 1 | 1 | 1 | 1

Bainlye Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2025

8 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | (As restated) 2024 £
Bank loans | 176,352 | 176,352

9 | Transition to FRS 102

The financial statements are the first of the company prepared under FRS 102 Section 1 A, as a result of transitioning from a cost model to a revaluation model, in respect of the investment property held on the balance sheet. The date of transition was 1 September 2023. The transition has not resulted in any changes to the amounts recognised in the financial statements and had no effect on the comparative figures.