General Information
BXB (Cowley Hill) Limited is a private company, limited by shares, registered in England and Wales, registration number 11280378, registration address Suite 3, Third Floor, 14 Castle Street, Liverpool, Merseyside , L2 0NE.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)
Government grants
Government grants are recognised when there is reasonable assurance that the company will comply with the conditions attaching to the grant and that the grant will be received.
Grants received as reimbursement of revenue expenditure are recognised in the profit and loss account on a systematic basis in the same period as the related expenditure for which the grant is intended to compensate.
Grant income is recognised within other operating income. Amounts receivable in respect of grant claims submitted but not yet received are recognised as accrued income. Grant income received in advance of the related expenditure being incurred is recognised as deferred income until the related costs are recognised.
No grant income has been deferred where it relates solely to costs incurred during the accounting period.
Taxation
Taxation for the year comprises current tax and is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. Current 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.
Stocks and Work In Progress
Stocks are valued at the lower of cost and net realisable value.
Work in Progress includes all direct costs and an appropriate proportion of fixed and variable overheads.
|
| 2. |
Average number of employees Average number of employees during the period was 0 (2025 : 0). |
| 3. |
Stocks
|
2026
£ |
|
2025
£ |
| Work in Progress |
10,250,857 |
|
7,052,649 |
| Stocks |
15,590,370 |
|
15,590,370 |
|
25,841,227 |
|
22,643,019 |
|
| 4. |
Debtors: amounts falling due within one year
|
2026
£ |
|
2025
£ |
| Prepayments & Accrued Income |
828 |
|
966 |
| Accrued Grant Income |
743,192 |
|
0 |
| Other Debtors |
330,000 |
|
330,000 |
| VAT |
196,755 |
|
9,459 |
|
1,270,775 |
|
340,425 |
Government Grants
During the period the company recognised government grant income of £2,040,814 (£0 2025) in relation to the Cowley Hill Link Road project. The grants are intended to reimburse qualifying expenditure incurred by the company in connection with the development of the project and have been recognised within other operating income. Included within debtors at the year end is accrued grant income of £743,192 (£0 2025) which was received after the reporting date.
|
| 5. |
Creditors: amount falling due within one year
|
2026
£ |
|
2025
£ |
| Trade Creditors |
466,477 |
|
109,446 |
| Accrued Expenses |
10,725,827 |
|
7,951,405 |
| Shareholder Loans |
16,371,572 |
|
15,371,572 |
|
27,563,876 |
|
23,432,423 |
Security
Shareholder loans are secured by fixed and floating charges over the freehold property held by the company.
|
| 6. |
Share Capital
| Allotted |
|
2021
£ |
|
2020
£ |
| 200 A Ordinary 5p Shares |
|
10 |
|
10 |
| 400 B Ordinary 5p Shares |
|
20 |
|
20 |
| 400 C Ordinary 5p Shares |
|
20 |
|
20 |
|
|
50 |
|
50 |
|
2
|