Company Registration No. 16059017 (England and Wales)
Bbcc N16 Ltd
Unaudited accounts
for the year ended 30 November 2025
Bbcc N16 Ltd
Unaudited accounts
Contents
Bbcc N16 Ltd
Company Information
for the year ended 30 November 2025
Company Number
16059017 (England and Wales)
Registered Office
C/O 32 Castlewood Road
London
N16 6DW
England
Bbcc N16 Ltd
Statement of financial position
as at 30 November 2025
Called up share capital not paid
1
Investment property
3,050,000
Cash at bank and in hand
2,766
Creditors: amounts falling due within one year
(323,541)
Net current liabilities
(261,630)
Total assets less current liabilities
2,788,371
Creditors: amounts falling due after more than one year
(2,006,318)
Profit and loss account
782,053
Shareholders' funds
782,053
For the year ending 30 November 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 director acknowledges his 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 and authorised for issue on 7 September 2026 and were signed on its behalf by
D Margulies
Director
Company Registration No. 16059017
Bbcc N16 Ltd
Notes to the Accounts
for the year ended 30 November 2025
Bbcc N16 Ltd is a private company, limited by shares, registered in England and Wales, registration number 16059017. The registered office is C/O 32 Castlewood Road, London, N16 6DW, England.
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 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.
The financial statements have been prepared in accordance with the accounting principals appropriate to a going concern.
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.
Turnover is represented by rents and charges received or receivable from investment property held by the company.
Net gain from fair value adjustments
1,094,791
At 30 November 2025
3,050,000
Investment property fair value is determined by the directors based on their understanding of property market conditions and
the specific property concerned.
The historical cost of the properties is £1,955,209
Bbcc N16 Ltd
Notes to the Accounts
for the year ended 30 November 2025
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2025
Taxes and social security
273,698
Loans from directors
28,143
7
Creditors: amounts falling due after more than one year
2025
The bank loans are secured on the company's investment properties.
The company is a wholly owned subsidiary of BBC Properties Limited, a company incorporated in England and Wales.
9
Average number of employees
During the year the average number of employees was 0.