BRIGHT PROPERTY DEVELOPMENTS LTD

BRIGHT PROPERTY DEVELOPMENTS LTD

BRIGHT PROPERTY DEVELOPMENTS LTD - Company Information

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BRIGHT PROPERTY DEVELOPMENTS LTD

Company Registration Number:
10777030 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2020

Period of accounts

Start date: 01 June 2019

End date: 31 May 2020

BRIGHT PROPERTY DEVELOPMENTS LTD

Contents of the Financial Statements

for the Period Ended 31 May 2020

Balance sheet
Notes

BRIGHT PROPERTY DEVELOPMENTS LTD

Balance sheet

As at 31 May 2020


Notes
2020
2019


£
£
Fixed assets
Investments: 3 550,000 550,000
Total fixed assets: 550,000 550,000
Current assets
Debtors:   70 859
Cash at bank and in hand: 30,980 25,132
Total current assets: 31,050 25,991
Creditors: amounts falling due within one year:   (5,889) (21,637)
Net current assets (liabilities): 25,161 4,354
Total assets less current liabilities: 575,161 554,354
Creditors: amounts falling due after more than one year:   (191,450) (191,486)
Provision for liabilities: (8,377) (8,377)
Total net assets (liabilities): 375,334 354,491
Capital and reserves
Called up share capital: 70 70
Profit and loss account: 375,264 354,421
Shareholders funds: 375,334 354,491

The notes form part of these financial statements

BRIGHT PROPERTY DEVELOPMENTS LTD

Balance sheet statements

For the year ending 31 May 2020 the company was entitled to exemption 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 March 2021
and signed on behalf of the board by:

Name: Alistair Paul
Status: Director

The notes form part of these financial statements

BRIGHT PROPERTY DEVELOPMENTS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

BRIGHT PROPERTY DEVELOPMENTS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2020

2. Employees

2020 2019
Average number of employees during the period 0 0

BRIGHT PROPERTY DEVELOPMENTS LTD

Notes to the Financial Statements

for the Period Ended 31 May 2020

3. Fixed investments

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure.