B & U PROPERTIES LIMITED

B & U PROPERTIES LIMITED
Contents Page
For the Period 30 January 2025 to 31 January 2026

Statement of Financial Position	1
Notes to the Financial Statements	2

B & U PROPERTIES LIMITED
Statement of Financial Position
As at 31 January 2026

	Notes	2026 £
Fixed assets
Tangible fixed assets	3	328,490
		328,490
Current assets
Cash at bank and in hand		5,474
Creditors: amount falling due within one year		(481)
Net current assets		4,993

Total assets less current liabilities		333,483
Creditors: amount falling due after more than one year		(333,629)
Net assets		(146)

Capital and reserves
Called up share capital	4	4
Profit and loss account		(150)
Shareholders' funds		(146)

For the period ended 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. In accordance with Section 444 of the Companies Act 2006 the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 30 October 2026 and were signed on its behalf by:

-------------------------------
Jagtaran Singh Basra
Director

1

B & U PROPERTIES LIMITED
Notes to the Abridged Financial Statements
For the Period 30 January 2025 to 31 January 2026

General Information

B & U PROPERTIES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 16219094, registration address STONEYBROOK PASTURE LANE, RUDDINGTON NOTTINGHAM, NG11 6AE.

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)

Turnover

Turnover comprises the invoiced value of rents received by the company net of any discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Investment properties

Investment properties are properties held to earn rentals and/or for capital appreciation.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.

2.	Average number of employees Average number of employees during the period was 3.

3.

Tangible fixed assets

Cost or valuation	Investment properties	Total
	£	£
At 30 January 2025	-	-
Additions	328,490	328,490
Disposals	-	-
At 31 January 2026	328,490	328,490
Depreciation
At 30 January 2025	-	-
Charge for period	-	-
On disposals	-	-
At 31 January 2026	-	-
Net book values
Closing balance as at 31 January 2026	328,490	328,490
Opening balance as at 30 January 2025	-	-

4.

Share Capital

Allotted, called up and fully paid	2026 £
4 Class Ordinary shares of £1.00 each	4
	4

2