Company registration number SC548798 (Scotland)
B & C PROPERTIES LTD.
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2026
PAGES FOR FILING WITH REGISTRAR
B & C PROPERTIES LTD.
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
B & C PROPERTIES LTD.
BALANCE SHEET
AS AT
31 MARCH 2026
31 March 2026
- 1 -
31 March 2026
31 October 2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
-
0
35,561
Current assets
Cash at bank and in hand
16,176
5,271
Creditors: amounts falling due within one year
4
(10,237)
(15,769)
Net current assets/(liabilities)
5,939
(10,498)
Total assets less current liabilities
5,939
25,063
Creditors: amounts falling due after more than one year
5
-
0
(15,062)
Net assets
5,939
10,001
Capital and reserves
Called up share capital
6
2
2
Profit and loss reserves
5,937
9,999
Total equity
5,939
10,001

For the financial period ended 31 March 2026 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 period in question in accordance with section 476.

The directors acknowledge their 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 directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 13 May 2026 and are signed on its behalf by:
Ms S M De Rijk
Director
Company registration number SC548798 (Scotland)
B & C PROPERTIES LTD.
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2026
- 2 -
1
Accounting policies
Company information

B & C Properties Ltd. is a private company limited by shares incorporated in Scotland. The registered office is 2 Melville Street, Falkirk, Scotland, FK1 1HZ.

1.1
Reporting period

[ FRS 102 3.10 An entity shall present a complete set of financial statements (including comparative information as set out in paragraph 3.14) at least annually. When the end of an entity’s reporting period changes and the annual financial statements are presented for a period longer or shorter than one year, the entity shall disclose the following: (a) that fact; (b) the reason for using a longer or shorter period; and (c) the fact that comparative amounts presented in the financial statements (including the related notes) are not entirely comparable. ]

1.2
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 have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.3
Revenue

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

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:

Plant and equipment
15% reducing balance
Fixtures and fittings
25% reducing balance
Computers
33% reducing balance
Motor vehicles
25% 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.

1.5
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.

B & C PROPERTIES LTD.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 3 -
1.6
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 profit and loss account 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.

2
Employees

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

2026
2024
Number
Number
Total
2
2
3
Tangible fixed assets
Plant and equipment
Fixtures and fittings
Computers
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 November 2024
5,353
40,779
335
30,500
76,967
Disposals
(5,353)
(40,779)
(335)
(30,500)
(76,967)
At 31 March 2026
-
0
-
0
-
0
-
0
-
0
Depreciation and impairment
At 1 November 2024
1,472
26,269
321
13,344
41,406
Eliminated in respect of disposals
(1,472)
(26,269)
(321)
(13,344)
(41,406)
At 31 March 2026
-
0
-
0
-
0
-
0
-
0
Carrying amount
At 31 March 2026
-
0
-
0
-
0
-
0
-
0
At 31 October 2024
3,881
14,510
14
17,156
35,561
B & C PROPERTIES LTD.
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 31 MARCH 2026
- 4 -
4
Creditors: amounts falling due within one year
2026
2024
£
£
Bank loans
-
0
8,257
Corporation tax
6,261
7
Other creditors
3,976
7,505
10,237
15,769
5
Creditors: amounts falling due after more than one year
2026
2024
£
£
Bank loans and overdrafts
-
0
15,062
6
Called up share capital
2026
2024
2026
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary A Shares of £1 each
1
1
1
1
Ordinary B Shares of £1 each
1
1
1
1
2
2
2
2
2026-03-31 2024-11-01 false false false 13 May 2026 CCH Software CCH Accounts Production 2026.100 The principal activity continued to be receiving rental income Mr S R Shields Ms S M De Rijk SC548798 2024-11-01 2026-03-31 SC548798 2026-03-31 SC548798 2024-10-31 SC548798 core:PlantMachinery 2026-03-31 SC548798 core:FurnitureFittings 2026-03-31 SC548798 core:ComputerEquipment 2026-03-31 SC548798 core:MotorVehicles 2026-03-31 SC548798 core:PlantMachinery 2024-10-31 SC548798 core:FurnitureFittings 2024-10-31 SC548798 core:ComputerEquipment 2024-10-31 SC548798 core:MotorVehicles 2024-10-31 SC548798 core:CurrentFinancialInstruments core:WithinOneYear 2026-03-31 SC548798 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 SC548798 core:Non-currentFinancialInstruments core:AfterOneYear 2026-03-31 SC548798 core:Non-currentFinancialInstruments core:AfterOneYear 2024-10-31 SC548798 core:CurrentFinancialInstruments 2026-03-31 SC548798 core:CurrentFinancialInstruments 2024-10-31 SC548798 core:ShareCapital 2026-03-31 SC548798 core:ShareCapital 2024-10-31 SC548798 core:RetainedEarningsAccumulatedLosses 2026-03-31 SC548798 core:RetainedEarningsAccumulatedLosses 2024-10-31 SC548798 core:ShareCapitalOrdinaryShareClass1 2026-03-31 SC548798 core:ShareCapitalOrdinaryShareClass1 2024-10-31 SC548798 core:ShareCapitalOrdinaryShareClass2 2026-03-31 SC548798 core:ShareCapitalOrdinaryShareClass2 2024-10-31 SC548798 core:ShareCapitalOrdinaryShares 2026-03-31 SC548798 core:ShareCapitalOrdinaryShares 2024-10-31 SC548798 bus:Director2 2024-11-01 2026-03-31 SC548798 core:PlantMachinery 2024-11-01 2026-03-31 SC548798 core:FurnitureFittings 2024-11-01 2026-03-31 SC548798 core:ComputerEquipment 2024-11-01 2026-03-31 SC548798 core:MotorVehicles 2024-11-01 2026-03-31 SC548798 2023-11-01 2024-10-31 SC548798 core:PlantMachinery 2024-10-31 SC548798 core:FurnitureFittings 2024-10-31 SC548798 core:ComputerEquipment 2024-10-31 SC548798 core:MotorVehicles 2024-10-31 SC548798 2024-10-31 SC548798 core:Non-currentFinancialInstruments 2026-03-31 SC548798 core:Non-currentFinancialInstruments 2024-10-31 SC548798 bus:OrdinaryShareClass1 2024-11-01 2026-03-31 SC548798 bus:OrdinaryShareClass2 2024-11-01 2026-03-31 SC548798 bus:OrdinaryShareClass1 2026-03-31 SC548798 bus:OrdinaryShareClass1 2024-10-31 SC548798 bus:OrdinaryShareClass2 2026-03-31 SC548798 bus:OrdinaryShareClass2 2024-10-31 SC548798 bus:AllOrdinaryShares 2026-03-31 SC548798 bus:AllOrdinaryShares 2024-10-31 SC548798 bus:PrivateLimitedCompanyLtd 2024-11-01 2026-03-31 SC548798 bus:SmallCompaniesRegimeForAccounts 2024-11-01 2026-03-31 SC548798 bus:FRS102 2024-11-01 2026-03-31 SC548798 bus:AuditExemptWithAccountantsReport 2024-11-01 2026-03-31 SC548798 bus:Director1 2024-11-01 2026-03-31 SC548798 bus:FullAccounts 2024-11-01 2026-03-31 xbrli:pure xbrli:shares iso4217:GBP