Bonham Freeholds Limited 11897342 false 2024-11-01 2025-10-31 2025-10-31 The principal activity of the company is Development of building projects Digita Accounts Production Advanced 6.30.9574.0 true 11897342 2024-11-01 2025-10-31 11897342 2025-10-31 11897342 core:RetainedEarningsAccumulatedLosses 2025-10-31 11897342 core:ShareCapital 2025-10-31 11897342 core:CurrentFinancialInstruments 2025-10-31 11897342 core:CurrentFinancialInstruments core:WithinOneYear 2025-10-31 11897342 core:Non-currentFinancialInstruments core:AfterOneYear 2025-10-31 11897342 bus:SmallEntities 2024-11-01 2025-10-31 11897342 bus:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 11897342 bus:FilletedAccounts 2024-11-01 2025-10-31 11897342 bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 11897342 bus:RegisteredOffice 2024-11-01 2025-10-31 11897342 bus:Director1 2024-11-01 2025-10-31 11897342 bus:Director4 2024-11-01 2025-10-31 11897342 bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 11897342 bus:Agent1 2024-11-01 2025-10-31 11897342 countries:EnglandWales 2024-11-01 2025-10-31 11897342 2023-11-01 2024-10-31 11897342 2024-10-31 11897342 core:RetainedEarningsAccumulatedLosses 2024-10-31 11897342 core:ShareCapital 2024-10-31 11897342 core:CurrentFinancialInstruments 2024-10-31 11897342 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 11897342 core:Non-currentFinancialInstruments core:AfterOneYear 2024-10-31 iso4217:GBP xbrli:pure

Registration number: 11897342

Bonham Freeholds Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 October 2025

Bonham Freeholds Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Financial Statements | 3 to 5

Bonham Freeholds Limited

Company Information

Directors | R Steinhouse A Steinhouse

Registered office | Leavesden Park Suite 13 5 Hercules Way Watford Hertfordshire United Kingdom WD25 7GS

Accountants | Landmark Accountants Limited Leavesden Park 5 Hercules Way Watford Hertfordshire WD25 7GS

Bonham Freeholds Limited

(Registration number: 11897342)
Balance Sheet as at 31 October 2025

| Note | 2025 | 2024
|  | £ | £ | £ | £
Current assets |  |  |  |  |
Stocks | 4 |  | 2,768,435 |  | 2,768,435
Debtors | 5 |  | 43,034 |  | 42,900
|  |  | 2,811,469 |  | 2,811,335
Creditors: Amounts falling due within one year | 6 |  | (2,253,713) |  | (2,164,628)
Total assets less current liabilities |  |  | 557,756 |  | 646,707
Creditors: Amounts falling due after more than one year | 6 |  | - |  | (171,078)
Net assets |  |  | 557,756 |  | 475,629
Capital and reserves |  |  |  |  |
Called up share capital |  | 1 |  | 1 |
Profit and loss account |  | 557,755 |  | 475,628 |
Total equity |  |  | 557,756 |  | 475,629

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

Directors' 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; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 13 July 2026 and signed on its behalf by:

......................................... A Steinhouse Director

Bonham Freeholds Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Leavesden Park
Suite 13
5 Hercules Way
Watford
Hertfordshire
WD25 7GS
United Kingdom

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
The financial statements are presented in sterling, which is the functional currency of the company and rounded to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sales of properties, leases granted or extended during the year, rents, ground rents and insurance premiums. Property sales and leases granted or extended are recognised when the transaction is completed. Ground rent and rental income is recognised in the period to which they relate. Insurance premium income is recognised at the point of renewal inception. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises tax together with the value of tax losses surrendered or relieved as appropriate, charged on a £1 for £1 basis. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Bonham Freeholds Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Property stocks acquired for development and resale are held at cost including direct costs of development.
Stocks of ground rents are acquired and held with the intention of resale and are valued at the lower of cost and net realisable value. Professional fees and taxes associated with the purchase of stock, are expensed at the time of purchase.
Net realisable value is based on estimated selling price less further costs to completion and disposal.
At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments.
Recognition and measurement
Basic financial instruments are recognised at amortised cost.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

Bonham Freeholds Limited

Notes to the Financial Statements for the Year Ended 31 October 2025

4 | Stocks

| 2025 £ | 2024 £
Freehold property stock | 2,768,435 | 2,768,435

5 | Debtors

| 2025 £ | 2024 £
Trade debtors | 97 | 42
Other debtors | 42,937 | 42,858
| 43,034 | 42,900

6 | Creditors

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Trade creditors |  | 1,835 | 1,756
Amounts owed to group undertakings | 7 | 2,178,467 | 1,849,703
Taxation and social security |  | 27,060 | 23,322
Accruals and deferred income |  | 3,300 | 3,600
Other creditors |  | 43,051 | 286,247
|  | 2,253,713 | 2,164,628

Creditors: amounts falling due after more than one year

| 2025 £ | 2024 £
Due after one year |  |
Other financial liabilities | - | 171,078

7 | Related party transactions

The company has taken advantage of the exemption under FRS 102 Section 1AC.35 from disclosing transactions with other group companies wholly owned within the group.