Registration number: 13671550

BOC Property Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

BOC Property Ltd

Company Information

Directors

Mr J Blake Mr A Hambidge Mr C A Hambidge

Registered office

20-22 Wenlock Road London N1 7GU

Accountants

Regulatory Accounting Ltd T/A Optimum Professional Services Vicarage Court 160 Ermin Street Swindon Wiltshire SN3 4NE

BOC Property Ltd

(Registration number: 13671550)
Balance Sheet as at 31 October 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	45,957	54,781
Investment property	5	2,361,448	2,088,987
		2,407,405	2,143,768
Current assets
Debtors	6	24,126	25,996
Cash at bank and in hand		8,435	444,012
		32,561	470,008
Creditors: Amounts falling due within one year	7	(145,590)	(244,557)
Net current (liabilities)/assets		(113,029)	225,451
Total assets less current liabilities		2,294,376	2,369,219
Creditors: Amounts falling due after more than one year	7	(2,068,149)	(2,191,349)
Provisions for liabilities		(4,302)	(63,351)
Net assets		221,925	114,519
Capital and reserves
Called up share capital		3	3
Retained earnings		221,922	114,516
Shareholders' funds		221,925	114,519

BOC Property Ltd

(Registration number: 13671550)
Balance Sheet as at 31 October 2025

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 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 28 July 2026 and signed on its behalf by:
 

......................................... Mr J Blake Director

......................................... Mr A Hambidge Director

......................................... Mr C A Hambidge Director

BOC Property Ltd

Notes to the Unaudited 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 & Wales.

The address of its registered office is:
20-22 Wenlock Road
London
N1 7GU
England

These financial statements were authorised for issue by the Board on 28 July 2026.

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.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. 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.

BOC Property Ltd

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

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures & Fittings	25% Straight Line
Motor Vehicles	25% Reducing Balance

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

BOC Property Ltd

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

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

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.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 3).

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 November 2024	28,746	20,045	18,772	67,563
At 31 October 2025	28,746	20,045	18,772	67,563
Depreciation
At 1 November 2024	-	9,262	3,520	12,782
Charge for the year	-	5,011	3,813	8,824
At 31 October 2025	-	14,273	7,333	21,606
Carrying amount
At 31 October 2025	28,746	5,772	11,439	45,957
At 31 October 2024	28,746	10,783	15,252	54,781

Included within the net book value of land and buildings above is £28,746 (2024 - £28,746) in respect of freehold land and buildings.
 

BOC Property Ltd

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

5	Investment properties

	2025 £
At 1 November	2,088,987
Fair value adjustments	272,461
At 31 October	2,361,448

6

Debtors

Current	2025 £	2024 £
Prepayments	18,588	20,458
Other debtors	5,538	5,538
	24,126	25,996

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	8	121,008	221,957
Accruals and deferred income		2,160	3,100
Other creditors		22,422	19,500
		145,590	244,557

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	8	1,099,311	1,099,311
Other financial liabilities		968,838	1,092,038
		2,068,149	2,191,349

 

	2025 £	2024 £
Due after more than five years
After more than five years not by instalments	1,099,311	1,099,312

	-	-

Page 7

BOC Property Ltd

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