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Registered number: 14667043
Bvilla Limited
Unaudited Financial Statements
For The Year Ended 28 February 2025
Inchmead Accountants
100 Berkshire Place
Winnersh
Wokingham
RG41 5RD
Bvilla Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1
Notes to the Financial Statements | 2—3

Page 1
Bvilla Limited
Balance Sheet
As At 28 February 2025
Balance Sheet
Registered number: 14667043

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
CURRENT ASSETS
Stocks | 4 | 1,684,175 |  | 1,065,484 |
|  | 1,684,175 |  | 1,065,484 |
Creditors: Amounts Falling Due Within One Year | 5 | (2,160,285 ) |  | (1,381,674 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | (476,110 ) |  | (316,190 )
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | (476,110 ) |  | (316,190 )
NET LIABILITIES |  |  | (476,110 ) |  | (316,190 )
CAPITAL AND RESERVES
Called up share capital | 6 |  | 100 |  | 100
Profit and Loss Account |  |  | (476,210 ) |  | (316,290 )
SHAREHOLDERS' FUNDS |  |  | (476,110) |  | (316,190)

For the year ending 28 February 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mr Waqas Khan Director
5 March 2026

The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Bvilla Limited
Notes to the Financial Statements
For The Year Ended 28 February 2025
Notes to the Financial Statements
1. General Information
Bvilla Limited is a private company, limited by shares, incorporated in England & Wales, registered number 14667043 . The registered office is Unit, 47 88-90 Hatton Garden, London, EC1N 8PN.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
2.3. Significant judgements and estimations
In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
Key areas where judgement has been applied include the valuation of development properties held as stock, including the determination of net realisable value, and the assessment of recoverability of development costs incurred. The directors consider that the assumptions and estimates used are reasonable and appropriate in the circumstances.
2.4. Stocks and Work in Progress
Stock comprises property held for development and sale in the ordinary course of business. Development properties are stated at the lower of cost and net realisable value.
Cost includes the purchase price of land and property together with all directly attributable development and construction costs incurred in bringing the property to its present condition. Such costs include construction costs, professional fees, planning and regulatory costs, site preparation, and other directly attributable expenditure incurred during the development process.
Where appropriate, borrowing costs that are directly attributable to the development of property may be included within the cost of stock.
Net realisable value represents the estimated selling price in the ordinary course of business less the estimated costs of completion and the costs necessary to make the sale.
The directors review the carrying value of development properties at each reporting date and make provisions where necessary to reduce the carrying value to net realisable value where this is lower than cost.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
Page 2
Page 3
Bvilla Limited
Notes to the Financial Statements (continued)
For The Year Ended 28 February 2025
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Stock - development property | 1,684,175 |  | 1,065,484

5. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Other creditors | 2,160,285 |  | 1,381,674

6. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

7. Post Balance Sheet Events
Subsequent to the year end, the property development held as stock at the reporting date was sold. The sale completed in the following financial year for proceeds of approximately £2.35 million. This event provides further evidence that the carrying value of the development property at the reporting date was appropriate. As the sale occurred after the reporting date, no adjustment has been made to the amounts recognised in these financial statements.
8. Ultimate Controlling Party
The company is jointly owned by two shareholders who each hold 50% of the issued share capital and voting rights of the company and who also serve as directors. As neither shareholder exercises control over the company individually, the directors consider that there is no ultimate controlling party.
Page 3