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Registered number: 15447747
Bude Property Limited
Financial Statements
For The Year Ended 30 January 2026
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2
Page 1
Balance Sheet
Registered number: 15447747
2026 2025
Notes £ £ £ £
CURRENT ASSETS
Stocks 546,804 509,774
Debtors 4 106,706 101,468
Cash at bank and in hand 27 -
653,537 611,242
Creditors: Amounts Falling Due Within One Year 5 (658,087 ) (612,042 )
NET CURRENT ASSETS (LIABILITIES) (4,550 ) (800 )
TOTAL ASSETS LESS CURRENT LIABILITIES (4,550 ) (800 )
NET LIABILITIES (4,550 ) (800 )
CAPITAL AND RESERVES
Called up share capital 6 100 100
Profit and Loss Account (4,650 ) (900 )
SHAREHOLDERS' FUNDS (4,550) (800)
For the year ending 30 January 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr J A Hunter
Director
27 October 2026
The notes on page 2 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
Bude Property Limited is a private company, limited by shares, incorporated in Northern Ireland, registered number 15447747 . The registered office is 33 Wolverhampton Road, Cannock, WS11 1AP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2025: 2)
2 2
4. Debtors
2026 2025
£ £
Due within one year
Other debtors 106,706 101,468
5. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 17,760 -
Other creditors 640,327 612,042
658,087 612,042
6. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
7. Related Party Transactions
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", not to disclose related party transactions with wholly owned subsidiaries within the group.
8. Ultimate Controlling Party
The company is controlled by its directors who are the shareholders.
Page 2