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Company Registration No. 10207306 (England and Wales)
BG Premises Limited Unaudited accounts for the year ended 31 August 2025
BG Premises Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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BG Premises Limited Company Information for the year ended 31 August 2025
Directors
Mr B D James Mrs G M James
Secretary
Mrs G M James
Company Number
10207306 (England and Wales)
Registered Office
7 NUNWELL ROAD BROMYARD HEREFORDSHIRE HR7 4XA ENGLAND
Accountants
The Practice - Chartered Management Accountants 2 New Street Ledbury Herefordshire HR8 2DX
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BG Premises Limited Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Fixed assets
Investment property
4
89,759
89,759
Current assets
Debtors
5
139
139
Cash at bank and in hand
529
2,111
668
2,250
Creditors: amounts falling due within one year
6
(87,435)
(87,304)
Net current liabilities
(86,767)
(85,054)
Net assets
2,992
4,705
Capital and reserves
Called up share capital
7
100
100
Profit and loss account
2,892
4,605
Shareholders' funds
2,992
4,705
For the year ending 31 August 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 6 March 2026 and were signed on its behalf by
Mr B D James Director Company Registration No. 10207306
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BG Premises Limited Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
BG Premises Limited is a private company, limited by shares, registered in England and Wales, registration number 10207306. The registered office is 7 NUNWELL ROAD, BROMYARD, HEREFORDSHIRE, HR7 4XA, ENGLAND.
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.
Going concern
These financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the adjustments would have been made to reduce assets to recoverable amounts, to provide for any further liabilities that might arise, and to re-classify fixed assets as current assets and long term liabilities as current liabilities.
Investment property
Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. The surplus or deficit on revaluation is recognised in the profit and loss account. Where fair value cannot be achieved without undue cost or effort, investment property is accounted for as tangible fixed assets. It is in the directors' opinions that the market value of investment property is not considered to be significantly different from the carrying value held at historical cost.
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.
4
Investment property
2025
£
Fair value at 1 September 2024
89,759
At 31 August 2025
89,759
It is the directors' opinion that the market value of the investment property is not considered different from the carrying value held at historical cost.
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BG Premises Limited Notes to the Accounts for the year ended 31 August 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Accrued income and prepayments
139
139
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
-
571
Loans from directors
87,150
86,564
Accruals
285
169
87,435
87,304
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Transactions with related parties
Loan from directors, no interest charged and no set repayment date. £89,759 (2024 £86,564)
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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