Company registration number 14169309 (England and Wales)
B C P Property Limited
Unaudited financial statements
For the year ended 30 June 2025
B C P Property Limited
Contents
Page
Statement of financial position
1 - 2
Notes to the financial statements
3 - 6
B C P Property Limited
Statement of financial position
As at 30 June 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
240,000
137,353
Current assets
Debtors
4
5,427
2,065
Cash at bank and in hand
412
2,296
5,839
4,361
Creditors: amounts falling due within one year
5
(216,988)
(155,495)
Net current liabilities
(211,149)
(151,134)
Total assets less current liabilities
28,851
(13,781)
Provisions for liabilities
(7,806)
-
0
Net assets/(liabilities)
21,045
(13,781)
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
20,945
(13,881)
Total equity
21,045
(13,781)
B C P Property Limited
Statement of financial position (continued)
As at 30 June 2025
- 2 -

For the financial year ended 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the income statement within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 18 March 2026
Mr K S Pearce
Director
Company registration number 14169309 (England and Wales)
B C P Property Limited
Notes to the financial statements
For the year ended 30 June 2025
- 3 -
1
Accounting policies
Company information

B C P Property Limited is a private company limited by shares incorporated in England and Wales. The registered office is Drayton Mere Court (Yard 2), Unit 5, Trevol Business Park, Torpoint, PL11 2TB.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

The company meets its day to day requirements through support from the directors. The directors will continue to support the company during the twelve months following the approval of these statements.true

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable services provided in the normal course of business, and is shown net of sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that are recover able.

1.4
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.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
Nil
Fixtures and fittings
20% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

B C P Property Limited
Notes to the financial statements (continued)
For the year ended 30 June 2025
1
Accounting policies
(Continued)
- 4 -
1.5
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.

1.6
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.7
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.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

B C P Property Limited
Notes to the financial statements (continued)
For the year ended 30 June 2025
1
Accounting policies
(Continued)
- 5 -
1.8
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.9
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the income statement because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date 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 is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the income statement, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.10
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
3
B C P Property Limited
Notes to the financial statements (continued)
For the year ended 30 June 2025
- 6 -
3
Tangible fixed assets
Freehold land and buildings
Fixtures and fittings
Total
£
£
£
Cost
At 1 July 2024
135,340
2,237
137,577
Disposals
-
0
(2,237)
(2,237)
Revaluation
104,660
-
0
104,660
At 30 June 2025
240,000
-
0
240,000
Depreciation and impairment
At 1 July 2024
-
0
224
224
Depreciation charged in the year
-
0
403
403
Eliminated in respect of disposals
-
0
(627)
(627)
At 30 June 2025
-
0
-
0
-
0
Carrying amount
At 30 June 2025
240,000
-
0
240,000
At 30 June 2024
135,340
2,013
137,353

The historic cost of the land and property held by the company is £135,340 (2024: £135,340).

4
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
5,427
2,065
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
172,792
142,918
Other creditors
44,196
12,577
216,988
155,495

The long-term loans are secured by fixed and floating charges over the property within fixed assets.

2025-06-30 2024-07-01 false false false 18 March 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr K S Pearce 14169309 2024-07-01 2025-06-30 14169309 2025-06-30 14169309 2024-06-30 14169309 core:LandBuildings core:OwnedOrFreeholdAssets 2025-06-30 14169309 core:FurnitureFittings 2025-06-30 14169309 core:LandBuildings core:OwnedOrFreeholdAssets 2024-06-30 14169309 core:FurnitureFittings 2024-06-30 14169309 core:WithinOneYear 2025-06-30 14169309 core:WithinOneYear 2024-06-30 14169309 core:CurrentFinancialInstruments core:WithinOneYear 2025-06-30 14169309 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 14169309 core:ShareCapital 2025-06-30 14169309 core:ShareCapital 2024-06-30 14169309 core:RetainedEarningsAccumulatedLosses 2025-06-30 14169309 core:RetainedEarningsAccumulatedLosses 2024-06-30 14169309 bus:Director1 2024-07-01 2025-06-30 14169309 core:LandBuildings core:OwnedOrFreeholdAssets 2024-07-01 2025-06-30 14169309 core:FurnitureFittings 2024-07-01 2025-06-30 14169309 2023-07-01 2024-06-30 14169309 core:LandBuildings core:OwnedOrFreeholdAssets 2024-06-30 14169309 core:FurnitureFittings 2024-06-30 14169309 2024-06-30 14169309 core:CurrentFinancialInstruments 2025-06-30 14169309 core:CurrentFinancialInstruments 2024-06-30 14169309 bus:PrivateLimitedCompanyLtd 2024-07-01 2025-06-30 14169309 bus:SmallCompaniesRegimeForAccounts 2024-07-01 2025-06-30 14169309 bus:FRS102 2024-07-01 2025-06-30 14169309 bus:AuditExemptWithAccountantsReport 2024-07-01 2025-06-30 14169309 bus:FullAccounts 2024-07-01 2025-06-30 xbrli:pure xbrli:shares iso4217:GBP