REGISTERED NUMBER: 13390523 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

FOR

BOUNCES PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S O Posen

REGISTERED OFFICE:

Building B ,Occ Estate ,105 Eade Road .

London

N4 1TJ

REGISTERED NUMBER:

13390523 (England and Wales)

ACCOUNTANTS:

Venitt and Greaves

Chartered Accountants

115 Craven Park Road

South Tottenham

London

N15 6BL

FIXED ASSETS

Investment property

5

1,990,567

1,498,411

CURRENT ASSETS

Debtors

6

8,073

-

Cash at bank

27,329

979

35,402

979

CREDITORS

Amounts falling due within one year

7

(891,947

)

(967,851

)

NET CURRENT LIABILITIES

(856,545

)

(966,872

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,134,022

531,539

CREDITORS

Amounts falling due after more than one year

8

(1,137,740

)

(535,615

)

NET LIABILITIES

(3,718

)

(4,076

)

CAPITAL AND RESERVES

Called up share capital

9

1

1

Retained earnings

10

(3,719

)

(4,077

)

SHAREHOLDERS' DEFICIT

(3,718

)

(4,076

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

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

S O Posen - Director

1.	STATUTORY INFORMATION

Bounces Properties Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover represents net rent receivable, excluding value added tax.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 June 2024

1,498,411

Additions

492,156

At 31 May 2025

1,990,567

NET BOOK VALUE

At 31 May 2025

1,990,567

At 31 May 2024

1,498,411

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade debtors

8,073

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Trade creditors

-

115,396

Tax

-

699

Other creditors

615,240

376,249

Loan creditors

273,947

473,947

Accrued expenses

2,760

1,560

891,947

967,851

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans more 5 yrs non-inst

1,037,740

535,615

Other loans - 2-5 years

100,000

-

1,137,740

535,615

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

1,037,740

535,615

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.5.25

31.5.24

value:

£

£

1

Ordinary

£1

1

1

10.

RESERVES

Retained

earnings

£

At 1 June 2024

(4,077

)

Profit for the year

358

At 31 May 2025

(3,719

)

11.	ULTIMATE CONTROLLING PARTY

The controlling party is S O Posen.