REGISTERED NUMBER: 10970595 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

BPC INTERIORS PROPERTIES LIMITED

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mr B Knight

Mr P J Johnson

SECRETARIES:

Ms N J Parmenter

Mrs A Knight

REGISTERED OFFICE:

19-20 Bourne Court

Southend Road

Woodford Green

Essex

IG8 8HD

REGISTERED NUMBER:

10970595 (England and Wales)

ACCOUNTANTS:

Raffingers Holdings Limited

Chartered Accountants

19-20 Bourne Court

Southend Road

Woodford Green

Essex

IG8 8HD

FIXED ASSETS

Investment property

4

1,816,620

2,641,182

CURRENT ASSETS

Debtors

451

1,792

Investments

78,822

-

Cash at bank

40,969

481,707

120,242

483,499

CREDITORS

Amounts falling due within one year

1,423,886

2,759,798

NET CURRENT LIABILITIES

(1,303,644

)

(2,276,299

)

TOTAL ASSETS LESS CURRENT LIABILITIES

512,976

364,883

PROVISIONS FOR LIABILITIES

44,097

15,107

NET ASSETS

468,879

349,776

CAPITAL AND RESERVES

Called up share capital

1

1

Fair value reserve

132,291

520,792

Retained earnings

336,587

(171,017

)

468,879

349,776

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 30 September 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 May 2026 and were signed on its behalf by:

Mr B Knight - Director

1.	STATUTORY INFORMATION

BPC Interiors Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The accounts have been prepared on the going concern basis as the directors are of the opinion that the company will meet its liabilities as and when due.

Critical accounting judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the application of the accounting policies and the reported amounts of assets and liabilities, revenue and expenses. Actual results may differ from these estimates.

Estimates and underlying assumptions are continually evaluated and are based on historical experience and other factors, including expectations of future events that are reasonable under the circumstances. Revisions to accounting estimates are recognised in the period in which the estimates are revises and in any future periods affected.

The estimates and assumptions that have a significant risk of causing a material adjustment to the carrying

amounts of assets and liabilities within the next financial year are addressed below.

i) Valuation of investment property

The values of investment properties are assessed annually. They are amended when necessary to reflect fair value, based on market prices, recent transactions and other valuation methods.

Turnover

Turnover represents property sales and net invoiced rents and commission receivable, excluding value added tax.

Investment property

Investment properties are properties held to earn rentals and for capital appreciation. Investment properties are initially measured at cost, including transaction costs. Subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

Financial instruments

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company's obligations are discharged, expire or cancelled.

The company holds the following financial instruments, all of which meet the conditions to be classified as basic instruments:

- Cash, short term trade debtors and creditors

Such instruments are initially measured at transaction price, transaction costs, and are subsequently carried at the undiscounted amount of cash or other consideration expected to be paid or received, after taking account of impairment adjustment.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	INVESTMENT PROPERTY

Freehold investment property

Long term leasehold investment property

Total

£

£

£

Costs b/fwd

1,141,407

1,439,349

2,580,756

Disposals

(938,298

)

(938,298

)

Aggregate Revaluation (2018 - 2021)

109,593

(341,879

)

(232,286

)

Revaluation in 2022

117,000

(21,100

)

95,900

Revaluation in 2023

2,000

83,120

85,120

Revaluation in 2024

101.740

101,740

Elimination of revaluation on disposal in 2025

112,318

112,318

Aggregate Foreign exchange loss (2018 - 2021)

(3,817

)

(3,817

)

Foreign exchange gain 2022

194,143

194,143

Foreign exchange loss 2023

(98,536

)

(98,536

)

Foreign exchange loss 2024

(81,838

)

(81,838

)

Foreign exchange gain 2025

1,418

1,418

Elimination of foreign exchange losses on disposal

At 30 September 2025

1,370,000

446,620

1,816,620

The freehold property and long term leasehold investment property includes properties that are stated at the directors' estimate of open market value as at the balance sheet date at £1,695,000.

The long term leasehold investment property includes properties in Dubai which are stated at the directors' estimate of open market value, based on advice from P.K Properties, regulated by Dubai Real Estate Regulatory Agency, who have carried out a valuation on these properties on 30 September 2025 at £121,620.

5.	RELATED PARTY DISCLOSURES

At the balance sheet date the company owed £1,404,488 (2024 - £2,708,234) to Mr B Knight and Mr P J Johnson, the directors and their spouses.

At the balance sheet date the company owed £1,564 (2024 - £1,564) to a company in which Mr B Knight and Mr P J Johnson are also directors.