Company Registration No. 1693685 (England and Wales)
Bon Marche Centre Limited
Unaudited accounts
for the year ended 31 March 2025
Bon Marche Centre Limited
Unaudited accounts
Contents
Bon Marche Centre Limited
Company Information
for the year ended 31 March 2025
Directors
John Higgins
Marie Higgins
Valerie Ghent
Keith Higgins
Ian Higgins
Company Number
1693685 (England and Wales)
Registered Office
241-251 Ferndale Road
London
SW9 8BJ
Bon Marche Centre Limited
Statement of financial position
as at 31 March 2025
Tangible assets
200,100
150,523
Investment property
24,000,000
24,000,000
Cash at bank and in hand
1,047,913
904,449
Creditors: amounts falling due within one year
(1,704,062)
(1,561,181)
Net current liabilities
(325,219)
(175,181)
Total assets less current liabilities
23,874,881
23,975,342
Creditors: amounts falling due after more than one year
(130,000)
(143,000)
Provisions for liabilities
Deferred tax
(2,171,856)
(2,171,856)
Net assets
21,573,025
21,660,486
Called up share capital
5,961,484
5,961,484
Fair value reserve
19,245,466
19,245,466
Profit and loss account
(3,633,925)
(3,546,464)
Shareholders' funds
21,573,025
21,660,486
For the year ending 31 March 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 29 October 2025 and were signed on its behalf by
John Higgins
Director
Company Registration No. 1693685
Bon Marche Centre Limited
Notes to the Accounts
for the year ended 31 March 2025
Bon Marche Centre Limited is a private company, limited by shares, registered in England and Wales, registration number 1693685. The registered office is 241-251 Ferndale Road, London, SW9 8BJ.
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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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Cost - 10%
Fixtures & fittings
Cost - 10%
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.
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Tangible fixed assets
Total
At 31 March 2025
4,791,816
Charge for the year
45,370
At 31 March 2025
4,591,716
Bon Marche Centre Limited
Notes to the Accounts
for the year ended 31 March 2025
5
Operating lease commitments
2025
2024
At 31 March 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
416
390
Throughout the year, the company has been controlled by its parent company, Lipton Retail Consultancy Company Ltd, 241-251 Ferndale Road, London SW9 8BJ
7
Average number of employees
During the year the average number of employees was 7 (2024: 7).