| B M J Properties Limited |
| Registered number: |
03760176 |
| Balance Sheet |
| as at 31 March 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
140,000 |
|
|
140,000 |
|
| Current assets |
| Cash at bank and in hand |
|
|
19,086 |
|
|
17,496 |
|
| Creditors: amounts falling due within one year |
4 |
|
(3,360) |
|
|
(3,296) |
|
| Net current assets |
|
|
|
15,726 |
|
|
14,200 |
|
| Total assets less current liabilities |
|
|
|
155,726 |
|
|
154,200 |
|
|
| Provisions for liabilities |
|
|
|
(1,167) |
|
|
(1,167) |
|
|
| Net assets |
|
|
|
154,559 |
|
|
153,033 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
36 |
|
|
36 |
| Revaluation reserve |
5 |
|
|
59,589 |
|
|
59,589 |
| Profit and loss account |
|
|
|
94,934 |
|
|
93,408 |
|
| Shareholders' funds |
|
|
|
154,559 |
|
|
153,033 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| 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. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Hywel Jones |
| Director |
| Approved by the board on 13 October 2025 |
|
| B M J Properties Limited |
| Notes to the Accounts |
| for the year ended 31 March 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
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 represents the value of rental income received on the company's investment properties. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
|
|
Investment properties |
|
Investment properties are initially recognised at cost and then subsequently measured at fair value. Changes in value are recognised in the profit and loss. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
3 |
|
3 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Investment properties |
| £ |
|
Cost |
|
At 1 April 2024 |
140,000 |
|
At 31 March 2025 |
140,000 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 31 March 2025 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2025 |
140,000 |
|
At 31 March 2024 |
140,000 |
|
|
|
|
|
|
|
|
|
|
The investment properties were valued by the directors at the year end. |
|
|
Investment properties: |
2025 |
|
2024 |
| £ |
£ |
|
Historical cost |
80,411 |
|
80,411 |
|
Cumulative depreciation based on historical cost |
- |
|
- |
|
|
|
|
|
|
80,411 |
|
80,411 |
|
|
| 4 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade creditors |
452 |
|
378 |
|
Taxation and social security costs |
2,908 |
|
2,918 |
|
|
|
|
|
|
3,360 |
|
3,296 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Revaluation reserve |
2025 |
|
2024 |
| £ |
£ |
|
|
At 1 April 2024 |
59,589 |
|
59,589 |
|
|
At 31 March 2025 |
59,589 |
|
59,589 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Other information |
|
|
B M J Properties Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is: |
|
Glandover House |
|
67 Bute Street |
|
Aberdare |
|
Rhondda Cynon Taff |
|
CF44 7LD |
|
|
| 7 |
Controlling party |
|
|
The company is not controlled by any one single individual. The shareholding is divided into |
|
thirds: one third owned by director L.J. Mendham, one third owned by E.C. Jones (spouse of |
|
director H.D. Jones) and one third owned by P.D. Barlow (father of director W.P. Barlow). |
|
|
| 8 |
Presentation currency |
|
|
The financial statements are presented in Sterling and rounded to the nearest £1. |