Bakare Properties Limited

Bakare Properties Limited
Contents Page
For the year ended 31 August 2025

Company information	1
Director's report	2
Accountants' report	3
Statement of financial position	4
Notes to the financial statements	5

Bakare Properties Limited
Company Information
For the year ended 31 August 2025

Director	Caleb Bakare
Registered Number	13568093
Registered Office	7 Bell Yard London WC2A 2JR
Accountants	Smith & Johnson Limited 7 Bell Yard London WC2A 2JR

1

Bakare Properties Limited
Director's Report
For the year ended 31 August 2025

Director's report and financial statements

The director presents his annual report and the financial statements for the year ended 31 August 2025.

Principal activities

Principal activity of the company during the financial year was of buying and selling of real estate.

Director

The director who served the company throughout the year was as follows:

Caleb Bakare

Statement of director's responsibilities

The director is responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.

In preparing these financial statements, the director is required to :

select suitable accounting policies and then apply them consistently
make judgements and accounting estimates that are reasonable and prudent
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The director is also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The director is responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions

On behalf of the board.

----------------------------------
Caleb Bakare
Director

Date approved: 29 May 2026

2

Bakare Properties Limited Accountants' Report For the year ended 31 August 2025
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Bakare Properties Limited for the year ended 31 August 2025. In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Bakare Properties Limited for the year ended 31 August 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Bakare Properties Limited , as a body, in accordance with the terms of our engagement letter dated 27 May 2026. Our work has been undertaken solely to prepare for your approval the accounts of Bakare Properties Limited and state those matters that we have agreed to state to the Board of Directors of Bakare Properties Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bakare Properties Limited and its Board of Directors as a body for our work or for this report. It is your duty to ensure that Bakare 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 profit of Bakare Properties Limited . You consider that Bakare Properties Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of Bakare 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. .................................................... TJ Smith Smith & Johnson Limited 7 Bell Yard London WC2A 2JR 29 May 2026 3

Bakare Properties Limited
Accountants' Report
For the year ended 31 August 2025

Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Bakare Properties Limited for the year ended 31 August 2025.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Bakare Properties Limited for the year ended 31 August 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance.
This report is made solely to the Board of Directors of Bakare Properties Limited , as a body, in accordance with the terms of our engagement letter dated 27 May 2026. Our work has been undertaken solely to prepare for your approval the accounts of Bakare Properties Limited and state those matters that we have agreed to state to the Board of Directors of Bakare Properties Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bakare Properties Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Bakare 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 profit of Bakare Properties Limited . You consider that Bakare Properties Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Bakare 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.

....................................................
TJ Smith
Smith & Johnson Limited
7 Bell Yard
London
WC2A 2JR
29 May 2026

3

Bakare Properties Limited
Statement of Financial Position
As at 31 August 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	182,279	182,279
		182,279	182,279
Current assets
Debtors	4	820	0
Cash at bank and in hand		584	382
		1,404	382
Creditors: amount falling due within one year	5	(44,901)	(42,077)
Net current assets		(43,497)	(41,695)

Total assets less current liabilities		138,782	140,584
Creditors: amount falling due after more than one year	6	(135,300)	(135,300)
Net assets		3,482	5,284

Capital and reserves
Called up share capital		1	1
Profit and loss account		3,481	5,283
Shareholders' funds		3,482	5,284

For the year ended 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the director on 29 May 2026 and were signed by:

-------------------------------
Caleb Bakare
Director

4

Bakare Properties Limited
Notes to the Financial Statements
For the year ended 31 August 2025

General Information

Bakare Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 13568093, registration address 7 Bell Yard, London, WC2A 2JR.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises income from the services supplied by the company.

Taxation

Taxation represents current tax payable based on the tax rates applicable at the reporting date.

2.	Average number of employees Average number of employees during the year was 1 (2024 : 1).

3.

Tangible fixed assets

Cost or valuation	Investment properties	Total
	£	£
At 01 September 2024	182,279	182,279
Additions	-	-
Disposals	-	-
At 31 August 2025	182,279	182,279
Depreciation
At 01 September 2024	-	-
Charge for year	-	-
On disposals	-	-
At 31 August 2025	-	-
Net book values
Closing balance as at 31 August 2025	182,279	182,279
Opening balance as at 01 September 2024	182,279	182,279

4.

Debtors: amounts falling due within one year

	2025 £		2024 £
Other Debtors	820		0
	820		0

5.

Creditors: amount falling due within one year

	2025 £	2024 £
Corporation Tax	0	340
Directors' Current Accounts	44,901	41,737
	44,901	42,077

6.

Creditors: amount falling due after more than one year

	2025 £		2024 £
Bank Loans & Overdrafts	135,300		135,300
	135,300		135,300

5

Registered Number: 13568093
England and Wales
BAKARE PROPERTIES LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 September 2024 End date: 31 August 2025