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Company Registration No. 13393033 (England and Wales)
Banff Real Estate Ltd Unaudited accounts for the year ended 31 May 2026
Banff Real Estate Ltd Unaudited accounts Contents
Page
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Banff Real Estate Ltd Company Information for the year ended 31 May 2026
Director
Mengqian Zhu
Company Number
13393033 (England and Wales)
Registered Office
Office 3 4a Nelson Road London SE10 9JB United Kingdom
Accountants
Fortune UK Accountants Ltd 4a Nelson Road London GB SE10 9JB
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Banff Real Estate Ltd for the year ended 31 May 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Banff Real Estate Ltd for the year ended 31 May 2026 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Fortune UK Accountants Ltd Chartered Certified Accountants 4a Nelson Road London GB SE10 9JB 9 July 2026
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Banff Real Estate Ltd Statement of financial position as at 31 May 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
34,160 
41,659 
Current assets
Debtors
14,286 
12,777 
Cash at bank and in hand
20,857 
37 
35,143 
12,814 
Creditors: amounts falling due within one year
(50,136)
(26,388)
Net current liabilities
(14,993)
(13,574)
Net assets
19,167 
28,085 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
19,067 
27,985 
Shareholders' funds
19,167 
28,085 
For the year ending 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 10 July 2026 and were signed on its behalf by
Mengqian Zhu Director Company Registration No. 13393033
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Banff Real Estate Ltd Notes to the Accounts for the year ended 31 May 2026
1
Statutory information
Banff Real Estate Ltd is a private company, limited by shares, registered in England and Wales, registration number 13393033. The registered office is Office 3 , 4a Nelson Road, London, SE10 9JB, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
18% reducing balance
Fixtures & fittings
18% reducing balance
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2025
49,000 
28,845 
77,845 
At 31 May 2026
49,000 
28,845 
77,845 
Depreciation
At 1 June 2025
21,983 
14,203 
36,186 
Charge for the year
4,863 
2,636 
7,499 
At 31 May 2026
26,846 
16,839 
43,685 
Net book value
At 31 May 2026
22,154 
12,006 
34,160 
At 31 May 2025
27,017 
14,642 
41,659 
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Banff Real Estate Ltd Notes to the Accounts for the year ended 31 May 2026
5
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
VAT
884 
- 
Other debtors
13,402 
12,777 
14,286 
12,777 
6
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
VAT
- 
(1,270)
Loans from directors
48,936 
26,218 
Accruals
1,200 
1,440 
50,136 
26,388 
7
Share capital
2026 
2025 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 2 (2025: 2).
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