Company Registration No. 11369126 (England and Wales)
BFAM Properties Limited
Unaudited accounts
for the year ended 31 May 2026
BFAM Properties Limited
Unaudited accounts
Contents
BFAM Properties Limited
Statement of financial position
as at 31 May 2026
Investment property
221,364
221,364
Cash at bank and in hand
8,125
7,145
Creditors: amounts falling due within one year
(72,830)
(67,366)
Net current liabilities
(62,442)
(59,189)
Total assets less current liabilities
158,922
162,175
Creditors: amounts falling due after more than one year
(117,056)
(130,572)
Called up share capital
3
3
Profit and loss account
41,863
31,600
Shareholders' funds
41,866
31,603
For the year ending 31 May 2026 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 5 October 2026 and were signed on its behalf by
Amanpreet Boughan
Director
Company Registration No. 11369126
BFAM Properties Limited
Notes to the Accounts
for the year ended 31 May 2026
BFAM Properties Limited is a private company, limited by shares, registered in England and Wales, registration number 11369126. The registered office is SLATELEY HALL, KINGSBURY, TAMWORTH, B78 2EW, 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 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.
Turnover represents the total rent receivable for the year.
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.
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Fair value at 1 June 2025
221,364
The investment property was valued on a fair value basis on 31 May 2019 by the director.
Amounts falling due within one year
Accrued income and prepayments
2,263
1,032
BFAM Properties Limited
Notes to the Accounts
for the year ended 31 May 2026
6
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
11,604
10,503
Taxes and social security
2,642
1,701
Other creditors
3,050
3,050
Loans from directors
54,456
51,084
The bank loan is secured against the investment property of the business.
7
Creditors: amounts falling due after more than one year
2026
2025
Bank loans
117,056
130,572
The bank loan is secured against the investment property of the business.
8
Average number of employees
During the year the average number of employees was 2 (2025: 2).