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Company Registration No. 10754807 (England and Wales)
BGG Homes Limited Unaudited accounts for the year ended 31 May 2025
BGG Homes Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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BGG Homes Limited Company Information for the year ended 31 May 2025
Directors
Marc Baylis Paul Goetz Mark Green
Company Number
10754807 (England and Wales)
Registered Office
124 City Road London EC1V 2NX
Accountants
Warwick McArdle 55 Ellerton Road London SW18 3NQ
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BGG Homes Limited Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Current assets
Investments
5
564,519
1,026,844
Cash at bank and in hand
301,503
69,716
866,022
1,096,560
Creditors: amounts falling due within one year
6
(20,363)
(20,850)
Net current assets
845,659
1,075,710
Total assets less current liabilities
845,659
1,075,710
Creditors: amounts falling due after more than one year
7
(600,000)
(900,000)
Net assets
245,659
175,710
Capital and reserves
Called up share capital
8
300,000
300,000
Profit and loss account
(54,341)
(124,290)
Shareholders' funds
245,659
175,710
For the year ending 31 May 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 February 2026 and were signed on its behalf by
Marc Baylis Director Company Registration No. 10754807
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BGG Homes Limited Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
BGG Homes Limited is a private company, limited by shares, registered in England and Wales, registration number 10754807. The registered office is 124 City Road, London, EC1V 2NX.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Investment property
Investment property is included at cost.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
3 years straight line
Government grants
Government grants in relation to expenditure are credited when the expenditure is charged to profit and loss.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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BGG Homes Limited Notes to the Accounts for the year ended 31 May 2025
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 June 2024
1,447
At 31 May 2025
1,447
Depreciation
At 1 June 2024
1,447
At 31 May 2025
1,447
Net book value
At 31 May 2025
-
5
Investments held as current assets
2025
2024
£
£
Unlisted investments
564,519
1,026,844
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
(36)
-
Other creditors
8,196
8,197
Loans from directors
12,061
12,482
Accruals
142
171
20,363
20,850
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
600,000
900,000
8
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
300,000 Ordinary shares of £1 each
300,000
300,000
9
Loans to directors
The company owes the director's £12,061 (2024: £12,482).
10
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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