USHI PROPERTY BSD LTD

USHI PROPERTY BSD LTD
Statement of Financial Position
As at 30 November 2025

	2025		2024
	£	£	£	£
Fixed assets		111,451		111,451
Creditors: amount falling due within one year	(38,442)		(35,481)
Net current assets		(38,442)		(35,481)
Total assets less current liabilities		73,009		75,970
Creditors: amount falling due after more than one year		(80,975)		(80,975)
Net assets		(7,966)		(5,005)


Capital and reserves		(7,966)		(5,005)

NOTES TO THE ACCOUNTS

General Information

USHI PROPERTY BSD LTD is a private company, limited by shares, registered in England and Wales, registration number 13716105, registration address SUITE 2 DOMINION HOUSE, 91 DUNSMURE ROAD LONDON, N16 5HT.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The company has net liabilities of £7,966 at 30 November 2025 (2024: net liabilities of £5,005) and incurred a loss for the financial year of £2,961 (2024: loss of £5,683). The company's ability to continue as a going concern is dependent on the continuing support of its loan creditors, being companies and individuals connected with the director, to whom £37,918 was owed at the balance sheet date (2024: £33,543). Those creditors have indicated that they do not intend to seek repayment other than to the extent that the company is able to repay without prejudicing its ability to meet its other liabilities as they fall due. The property at 38 Wigan Road is held as a long term investment and continues to generate rental income. On that basis the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future, and continues to adopt the going concern basis of accounting in preparing these financial statements.

Turnover

Turnover represents rental income receivable from the company's investment property, exclusive of Value Added Tax, and is recognised on a straight line basis over the period of the tenancy to which it

Investment properties

Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and 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.

2.	Average number of employees Average number of employees during the year was 1 (2024 : 1).

For the year ended 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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.

The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.

The financial statements were approved by the director on 18 August 2026 and were signed by:

--------------------------------
Asher SCHECHTER
Director

Registered Number: 13716105
England and Wales
USHI PROPERTY BSD LTD

Abridged Accounts

Period of accounts Start date: 01 December 2024 End date: 30 November 2025