That Bournemouth Company 4 Limited 12318939 false 2024-01-01 2024-12-31 2024-12-31 The principal activity of the company is that of the development and letting of commercial property Digita Accounts Production Advanced 6.30.9574.0 true true true 12318939 2024-01-01 2024-12-31 12318939 2024-12-31 12318939 bus:OrdinaryShareClass1 2024-12-31 12318939 core:CurrentFinancialInstruments 2024-12-31 12318939 core:CurrentFinancialInstruments core:WithinOneYear 2024-12-31 12318939 core:LandBuildings core:OwnedOrFreeholdAssets 2024-12-31 12318939 bus:SmallEntities 2024-01-01 2024-12-31 12318939 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 12318939 bus:FilletedAccounts 2024-01-01 2024-12-31 12318939 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 12318939 bus:RegisteredOffice 2024-01-01 2024-12-31 12318939 bus:Director1 2024-01-01 2024-12-31 12318939 bus:Director2 2024-01-01 2024-12-31 12318939 bus:Director3 2024-01-01 2024-12-31 12318939 bus:OrdinaryShareClass1 2024-01-01 2024-12-31 12318939 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 12318939 core:LandBuildings core:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 12318939 1 2024-01-01 2024-12-31 12318939 countries:EnglandWales 2024-01-01 2024-12-31 12318939 2023-12-31 12318939 core:LandBuildings core:OwnedOrFreeholdAssets 2023-12-31 12318939 2023-01-01 2023-12-31 12318939 2023-12-31 12318939 bus:OrdinaryShareClass1 2023-12-31 12318939 core:CurrentFinancialInstruments 2023-12-31 12318939 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 12318939 core:LandBuildings core:OwnedOrFreeholdAssets 2023-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 12318939

That Bournemouth Company 4 Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 December 2024

That Bournemouth Company 4 Limited

Contents

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

That Bournemouth Company 4 Limited

Company Information

Directors | Steven Andrew Brown Raymond Stuart Kelvin CBE Peter Stephen Tisdale

Registered office | 18 Albert Road Bournemouth Dorset BH1 1BZ

Accountants | Prescient Accounting Ltd Chartered Accountants Basepoint Abbey Park Industrial Estate Romsey Hampshire SO51 9AQ

That Bournemouth Company 4 Limited

(Registration number: 12318939)
Balance Sheet as at 31 December 2024

| Note | 2024 £ | 2023 £
Fixed assets |  |  |
Tangible assets | 4 | 688,445 | 549,626
Current assets |  |  |
Debtors | 5 | 50,929 | 50,007
Creditors: Amounts falling due within one year | 6 | (758,623) | (615,522)
Net current liabilities |  | (707,694) | (565,515)
Net liabilities |  | (19,249) | (15,889)
Capital and reserves |  |  |
Called up share capital | 7 | 100 | 100
Retained earnings |  | (19,349) | (15,989)
Shareholders' deficit |  | (19,249) | (15,889)

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 9 March 2026 and signed on its behalf by:

......................................... Steven Andrew Brown Director

That Bournemouth Company 4 Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1 | General information

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

The address of its registered office is:
18 Albert Road
Bournemouth
Dorset
BH1 1BZ
England

These financial statements were authorised for issue by the Board on 9 March 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 except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

At the time of approving the financial statements, the directors have a reasonable expectation that the
company has adequate resources to continue in operational existence for the foreseeable future and the
ultimate controlling party will give continued support. Hence the directors continue to adopt the going
concern basis of accounting in preparing the financial statements.

Judgements and key sources of estimation uncertainty

In the application of the company's accounting policies, the directors are required to make judgements,
estimates and assumptions about the carrying amount 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.

That Bournemouth Company 4 Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024 (continued)

2 | Accounting policies (continued)

Critical judgements
Basic financial liabilities, including creditors and loans from connected companies companies, are initially
recognised at transaction price. Financial liabilities classified as payable within one year are not amortised.
Recoverability of intercompany balances
The company has balances due from related companies connected by common directorship. Management are
of the opinion that these balances are fully recoverable and therefore no provision has been made against
these balances.
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of
depreciation and any impairment losses.
Land and buildings represent assets under construction relating to a development project, which is included at
cost. There has been no depreciation charged as the project is not yet fully completed.
Impairment of fixed assets
At each reporting period end date, the company reviews the carrying amounts of its tangible assets to
determine whether there is any indication that those assets have suffered an impairment loss. If any such
indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the
impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset,
the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12
‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.
Basic financial assets
Basic financial assets, which include debtors are initially measured at transaction price including transaction
costs. Financial assets classified as receivable within one year are not amortised.
Basic financial liabilities
Basic financial liabilities, including creditors and loans from connected companies companies, are initially
recognised at transaction price. Financial liabilities classified as payable within one year are not amortised.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 3).

That Bournemouth Company 4 Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024 (continued)

4 | Tangible assets

| Land and buildings £ | Total £
Cost or valuation
At 1 January 2024 | 549,626 | 549,626
Additions | 138,819 | 138,819
At 31 December 2024 | 688,445 | 688,445
Depreciation
Carrying amount
At 31 December 2024 | 688,445 | 688,445
At 31 December 2023 | 549,626 | 549,626

Included within the net book value of land and buildings above is £688,445 (2023 - £549,626) in respect of freehold land and buildings.

5 | Debtors

Current | Note | 2024 £ | 2023 £
Amounts owed by related parties | 8 | 26 | 26
Other debtors |  | 50,903 | 49,981
|  | 50,929 | 50,007

That Bournemouth Company 4 Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024 (continued)

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2024 £ | 2023 £
Due within one year |  |  |
Trade creditors |  | 1,512 | 1,512
Amounts owed to group undertakings | 8 | 753,326 | 608,975
Other creditors |  | 3,785 | 5,035
|  | 758,623 | 615,522

7 | Share capital

Allotted, called up and fully paid shares

| 2024 | 2023
| No. | £ | No. | £
Ordinary Share Capital of £1 each | 100 | 100 | 100 | 100

8 | Related party disclosures

The company has taken advantage of the exemption in FRS 102 from the requirement to disclose transactions with group companies.

9 | Parent company

The company's immediate parent is That Holdco Limited, incorporated in England and Wales.