Company Registration No. 15358817 (England and Wales)
Properties By Bab Ltd
Unaudited accounts
for the year ended 31 December 2025
Properties By Bab Ltd
Unaudited accounts
Contents
Properties By Bab Ltd
Company Information
for the year ended 31 December 2025
Directors
Joost Michiel Van Der Geest
Rita Stepanoviene
Company Number
15358817 (England and Wales)
Registered Office
28 Tytton Lane East
Wyberton
Boston
Lincolnshire
PE21 7HW
United Kingdom
Accountants
CDM Accountants Limited
28 Tytton Lane East
Wyberton
Boston
Lincolnshire
PE21 7HW
Properties By Bab Ltd
Statement of financial position
as at 31 December 2025
Investment property
646,698
578,511
Cash at bank and in hand
17,205
8,163
Creditors: amounts falling due within one year
(309,726)
(396,417)
Net current liabilities
(248,739)
(386,724)
Total assets less current liabilities
397,959
191,787
Creditors: amounts falling due after more than one year
(421,566)
(218,387)
Provisions for liabilities
Net liabilities
(40,654)
(26,600)
Called up share capital
103
103
Fair value reserve
51,140
-
Profit and loss account
(91,897)
(26,703)
Shareholders' funds
(40,654)
(26,600)
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 8 September 2026 and were signed on its behalf by
Joost Michiel Van Der Geest
Director
Company Registration No. 15358817
Properties By Bab Ltd
Notes to the Accounts
for the year ended 31 December 2025
Properties By Bab Ltd is a private company, limited by shares, registered in England and Wales, registration number 15358817. The registered office is 28 Tytton Lane East, Wyberton, Boston, Lincolnshire, PE21 7HW, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Fair value at 1 January 2025
578,511
Net gain from fair value adjustments
68,187
At 31 December 2025
646,698
During the year, a property was valued for the purposes of a re-mortgage and this amount has now been shown in the accounts as a revaluation.
Amounts falling due within one year
Properties By Bab Ltd
Notes to the Accounts
for the year ended 31 December 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
26,583
170,312
Trade creditors
3,197
4,252
Loans from directors
278,866
220,773
Bank loans totalling £26,583 (2024 - £170,312) are secured via a fixed charge and a negative pledge on the investment properties.
7
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
421,566
218,387
Aggregate of amounts that fall due for payment after five years
315,236
152,138
Bank loans totalling £421,566 (2024 - £218,387) are secured via a fixed charge and a negative pledge on the investment properties.
Bank loans include aggregate amounts of £315,236 ( 2024 - £152,138) which fall due after five years and are payable by instalments.
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).