0 0 BHW Properties Limited 05671279 false 2024-02-01 2025-06-30 2025-06-30 The principal activity of the company is that of property letting Digita Accounts Production Advanced 6.30.9574.0 true 05671279 2024-02-01 2025-06-30 05671279 2025-06-30 05671279 bus:OrdinaryShareClass1 2025-06-30 05671279 core:CurrentFinancialInstruments 2025-06-30 05671279 core:CurrentFinancialInstruments core:WithinOneYear 2025-06-30 05671279 core:Non-currentFinancialInstruments 2025-06-30 05671279 core:Non-currentFinancialInstruments core:AfterOneYear 2025-06-30 05671279 bus:SmallEntities 2024-02-01 2025-06-30 05671279 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-06-30 05671279 bus:FullAccounts 2024-02-01 2025-06-30 05671279 bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-06-30 05671279 bus:RegisteredOffice 2024-02-01 2025-06-30 05671279 bus:CompanySecretaryDirector1 2024-02-01 2025-06-30 05671279 bus:Director1 2024-02-01 2025-06-30 05671279 bus:OrdinaryShareClass1 2024-02-01 2025-06-30 05671279 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-06-30 05671279 bus:Agent1 2024-02-01 2025-06-30 05671279 countries:EnglandWales 2024-02-01 2025-06-30 05671279 2024-01-31 05671279 2023-02-01 2024-01-31 05671279 2024-01-31 05671279 bus:OrdinaryShareClass1 2024-01-31 05671279 core:CurrentFinancialInstruments 2024-01-31 05671279 core:CurrentFinancialInstruments core:WithinOneYear 2024-01-31 05671279 core:CurrentFinancialInstruments core:WithinOneYear core:PreviouslyStatedAmount 2024-01-31 05671279 core:Non-currentFinancialInstruments 2024-01-31 05671279 core:Non-currentFinancialInstruments core:AfterOneYear 2024-01-31 05671279 core:Non-currentFinancialInstruments core:AfterOneYear core:PreviouslyStatedAmount 2024-01-31 05671279 core:PreviouslyStatedAmount 2024-01-31 xbrli:pure iso4217:GBP xbrli:shares

Registration number: 05671279

BHW Properties Limited
Annual Report and Unaudited Financial Statements
for the Period from 1 February 2024 to 30 June 2025

BHW Properties Limited

Contents

Company Information | 1
Directors' Report | 2
Accountants' Report | 3
Balance Sheet | 4
Notes to the Unaudited Financial Statements | 5 to 9

BHW Properties Limited

Company Information

Directors | Mr Nicholas Peter Russell Mr Peter Henry Kelland

Company secretary | Mr Peter Henry Kelland

Registered office | 8 The Courtyard Goldsmith Way Eliot Business Park Nuneaton CV10 7RJ

Accountants | Pattinsons Business Services Ltd 8 The Courtyard Goldsmith Way Eliot Business Park Nuneaton CV10 7RJ

BHW Properties Limited

Directors' Report for the Period from 1 February 2024 to 30 June 2025

The directors present their report and the financial statements for the period from 1 February 2024 to 30 June 2025.

Directors of the company

The directors who held office during the period were as follows:

Mr Nicholas Peter Russell

Mr Peter Henry Kelland - Company secretary and director

Principal activity

The principal activity of the company is that of property letting

Going concern

The company ceased to trade on 30 June 2025 and the financial statements have been prepared on a basis other than that of the going concern basis. This basis includes, where applicable, writing the company’s assets down to net realisable value. No provision has been made for the future costs of terminating the business unless such costs were committed at the reporting date.

Small companies provision statement

This report has 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.

Approved by the Board on 19 March 2026 and signed on its behalf by:

.........................................
Mr Nicholas Peter Russell
Director

Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
BHW Properties Limited
for the Period Ended 30 June 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of BHW Properties Limited for the period ended 30 June 2025 as set out on pages 4 to 9 from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors of BHW Properties Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of BHW Properties Limited and state those matters that we have agreed to state to the Board of Directors of BHW Properties Limited, as a body. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than BHW Properties Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that BHW Properties Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of BHW Properties Limited. You consider that BHW Properties Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the accounts of BHW Properties Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................
Pattinsons Business Services Ltd
8 The Courtyard
Goldsmith Way
Eliot Business Park
Nuneaton
CV10 7RJ

19 March 2026

BHW Properties Limited

(Registration number: 05671279)
Balance Sheet as at 30 June 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Investment property | 4 | - | 207,000
Current assets |  |  |
Debtors | 5 | - | 225
Cash at bank and in hand |  | 118,424 | 553
|  | 118,424 | 778
Creditors: Amounts falling due within one year | 6 | (22,506) | (12,440)
Net current assets/(liabilities) |  | 95,918 | (11,662)
Total assets less current liabilities |  | 95,918 | 195,338
Creditors: Amounts falling due after more than one year | 6 | - | (71,948)
Provisions for liabilities |  | - | (21,649)
Net assets |  | 95,918 | 101,741
Capital and reserves |  |  |
Called up share capital | 7 | 2 | 2
Capital redemption reserve |  | 1 | 1
Retained earnings |  | 95,915 | 101,738
Shareholders' funds |  | 95,918 | 101,741

For the financial period ending 30 June 2025 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 period 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.

Approved and authorised by the Board on 19 March 2026 and signed on its behalf by:

......................................... Mr Nicholas Peter Russell Director

BHW Properties Limited

Notes to the Unaudited Financial Statements for the Period from 1 February 2024 to 30 June 2025

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:
8 The Courtyard
Goldsmith Way
Eliot Business Park
Nuneaton
CV10 7RJ

These financial statements were authorised for issue by the Board on 19 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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, 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.

BHW Properties Limited

Notes to the Unaudited Financial Statements for the Period from 1 February 2024 to 30 June 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Investment property
Investment property is carried at fair value, derived from the current market prices for comparable real estate
determined annually by the directors. 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, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable 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. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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.

BHW Properties Limited

Notes to the Unaudited Financial Statements for the Period from 1 February 2024 to 30 June 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks, other third parties and loans to related parties.

3 | Staff numbers

The average number of persons employed by the company during the period, was 0 (2024 - 0).

4 | Investment properties

| 2025 £
At 1 February | 207,000
Disposals | (207,000)
At 30 June | -

Investment property is included at fair value, there has been no valuation of investment property by an independent valuer

5 | Debtors

| 2025 £ | 2024 £
Prepayments | - | 225
| - | 225

BHW Properties Limited

Notes to the Unaudited Financial Statements for the Period from 1 February 2024 to 30 June 2025

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Taxation and social security |  | 7,659 | 426
Other creditors |  | 14,847 | 12,014
|  | 22,506 | 12,440
Due after one year |  |  |
Loans and borrowings | 9 | - | 71,948

Creditors include loans which are secured against the freehold investment property of £0 (2024- £71,948).

7 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary Shares of £1 each | 2 | 2 | 2 | 2

8 | Reserves

| 2025 £ | 2024 £
Distributable reserves | 95,915 | 28,177
Non-distributable reserves | - | 73,561
| 95,915 | 101,738

The non-distributable reserves are used to record increases in the fair value of land and buildings and decreases to the extent that such decrease relates to an increase on the same assets.

BHW Properties Limited

Notes to the Unaudited Financial Statements for the Period from 1 February 2024 to 30 June 2025

9 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Other borrowings | - | 71,948

10 | Financial commitments, guarantees and contingencies

Amounts disclosed in the balance sheet

Included in the balance sheet are financial commitments of £Nil (2024 - £71,948).A charge registered 21 December 2006 secures the liability by a mortgage deed in the financial statements over property 123 The Stour, Daventry in the favour of 'The Mortgage Works (UK) PLC'.