COMPANY REGISTRATION NUMBER:
11756608
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BSD ACQUISITIONS LONDON LTD |
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Filleted Unaudited Financial Statements |
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BSD ACQUISITIONS LONDON LTD |
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Statement of Financial Position |
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31 January 2026
Fixed assets
|
Tangible assets |
5 |
15,355,100 |
15,250,000 |
|
|
|
|
Current assets
|
Debtors |
6 |
9,427 |
– |
|
Cash at bank and in hand |
24,990 |
81,840 |
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-------- |
-------- |
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34,417 |
81,840 |
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|
|
|
|
Creditors: amounts falling due within one year |
7 |
2,947,442 |
5,850,357 |
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------------ |
------------ |
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Net current liabilities |
2,913,025 |
5,768,517 |
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------------- |
------------- |
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Total assets less current liabilities |
12,442,075 |
9,481,483 |
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|
|
|
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Creditors: amounts falling due after more than one year |
8 |
9,075,234 |
5,876,732 |
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------------- |
------------ |
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Net assets |
3,366,841 |
3,604,751 |
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------------- |
------------ |
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Capital and reserves
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Called up share capital |
100 |
100 |
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Revaluation reserve |
3,894,011 |
3,894,011 |
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Profit and loss account |
(
527,270) |
(
289,360) |
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------------ |
------------ |
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Shareholders funds |
3,366,841 |
3,604,751 |
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------------ |
------------ |
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These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the year ending 31 January 2026 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 financial statements for the year in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
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BSD ACQUISITIONS LONDON LTD |
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Statement of Financial Position (continued) |
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31 January 2026
These financial statements were approved by the
board of directors
and authorised for issue on
30 July 2026
, and are signed on behalf of the board by:
Company registration number:
11756608
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BSD ACQUISITIONS LONDON LTD |
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Notes to the Financial Statements |
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Year ended 31 January 2026
1.
General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is York House, 1 Seagrave Road, London, SW6 1RP, United Kingdom.
2.
Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3.
Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
These accounts have been prepared on the going concern basis and the challenges presented by current economic climate, the directors are satisfied that the company has sufficient cash flows to meet its liabilities as they fall due for at least one year from the date of approval of the accounts.
Revenue recognition
Turnover is measured at fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the letting and operating of own or leased real estate.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
2
(2025:
2
).
5.
Tangible assets
|
Freehold property |
|
£ |
|
Cost |
|
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At 1 February 2025 |
15,250,000 |
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Additions |
105,100 |
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------------- |
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At 31 January 2026 |
15,355,100 |
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------------- |
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Depreciation |
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At 1 February 2025 and 31 January 2026 |
– |
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------------- |
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Carrying amount |
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At 31 January 2026 |
15,355,100 |
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------------- |
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At 31 January 2025 |
15,250,000 |
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6.
Debtors
|
2026 |
2025 |
|
£ |
£ |
|
Other debtors |
9,427 |
– |
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------- |
---- |
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7.
Creditors:
amounts falling due within one year
|
2026 |
2025 |
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£ |
£ |
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Trade creditors |
18,190 |
– |
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Other creditors |
2,929,252 |
5,850,357 |
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------------ |
------------ |
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2,947,442 |
5,850,357 |
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------------ |
------------ |
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8.
Creditors:
amounts falling due after more than one year
|
2026 |
2025 |
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£ |
£ |
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Bank loans and overdrafts |
9,075,234 |
5,876,732 |
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Included in other creditors are interest only mortgage loans. At the balance sheet date, the amount outstanding was £9,075,234 (2025: £5,876,732). The loans are secured by the legal charges over the properties, owned by the company.
9.
Directors' advances, credits and guarantees
At the year end, directors owed the company £9,427. Mr Matthew Simon £4,713 and Mr Aaron Issacharoff £4,714.
10.
Related party transactions
The company was under control of
Mr M Simon
and Mr A Issacharoff throughout the current year.They are both directors and principal shareholders in the company At the year end the related company balances were as follows;
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2026 £ Debit/ ( Credit) |
2025 £ Debit/ ( Credit) |
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£ |
£ |
|
BSD Acqusitions Ltd |
(3,261,096) |
(3,526,396) |
|
Star 42 Ltd |
(25,720) |
(30,720) |
|
Star 43 Ltd |
5,098 |
5,098 |
|
Parita Holding UK Ltd |
14,700 |
14,700 |
|
BSD Partnership Limited |
24,150 |
24,150 |
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BSD Commercial Acquisitions Limited |
8,000 |
8,000 |
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Sunstreet Finco Ltd |
(442,604) |
(3,323,856) |
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