BISHOPSTON PROPERTY DEVELOPMENT LIMITED

BISHOPSTON PROPERTY DEVELOPMENT LIMITED

BISHOPSTON PROPERTY DEVELOPMENT LIMITED - Company Information

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Company Registration No. 10188151 (England and Wales)
BISHOPSTON PROPERTY DEVELOPMENT LIMITED Unaudited accounts for the year ended 31 May 2024
BISHOPSTON PROPERTY DEVELOPMENT LIMITED Unaudited accounts Contents
Page
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BISHOPSTON PROPERTY DEVELOPMENT LIMITED Company Information for the year ended 31 May 2024
Directors
MR R SLADE MR P ADAMS MR J PILLING
Company Number
10188151 (England and Wales)
Registered Office
26 MEADGATE EMERSONS GREEN BRISTOL BS16 7AZ ENGLAND
Accountants
CEDRIC DOUSE ACCOUNTANTS LTD 209 WELLINGTON HILL WEST HENLEAZE BRISTOL BS9 4QL
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BISHOPSTON PROPERTY DEVELOPMENT LIMITED Accountants' report
Accountants' report to the board of directors of BISHOPSTON PROPERTY DEVELOPMENT LIMITED on the preparation of the unaudited statutory accounts for the year ended 31 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of BISHOPSTON PROPERTY DEVELOPMENT LIMITED for the year ended 31 May 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of BISHOPSTON PROPERTY DEVELOPMENT LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of BISHOPSTON PROPERTY DEVELOPMENT LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than BISHOPSTON PROPERTY DEVELOPMENT LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that BISHOPSTON PROPERTY DEVELOPMENT LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of BISHOPSTON PROPERTY DEVELOPMENT LIMITED. You consider that BISHOPSTON PROPERTY DEVELOPMENT LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of BISHOPSTON PROPERTY DEVELOPMENT LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
CEDRIC DOUSE ACCOUNTANTS LTD 209 WELLINGTON HILL WEST HENLEAZE BRISTOL BS9 4QL 18 June 2024
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BISHOPSTON PROPERTY DEVELOPMENT LIMITED Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
3,582 
4,370 
Investment property
5
380,000 
380,000 
383,582 
384,370 
Current assets
Debtors
6
2,557 
10,631 
Cash at bank and in hand
1,033 
23,000 
3,590 
33,631 
Creditors: amounts falling due within one year
7
(39,726)
(38,705)
Net current liabilities
(36,136)
(5,074)
Total assets less current liabilities
347,446 
379,296 
Creditors: amounts falling due after more than one year
8
(199,000)
(100,000)
Net assets
148,446 
279,296 
Capital and reserves
Called up share capital
100 
100 
Capital contribution reserve
426,146 
426,146 
Profit and loss account
(277,800)
(146,950)
Shareholders' funds
148,446 
279,296 
For the year ending 31 May 2024 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 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 18 June 2024 and were signed on its behalf by
MR R SLADE Director Company Registration No. 10188151
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BISHOPSTON PROPERTY DEVELOPMENT LIMITED Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
BISHOPSTON PROPERTY DEVELOPMENT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10188151. The registered office is 26 MEADGATE, EMERSONS GREEN, BRISTOL, BS16 7AZ, ENGLAND.
2
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Investment property
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.
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:
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
6,246 
411 
6,657 
At 31 May 2024
6,246 
411 
6,657 
Depreciation
At 1 June 2023
2,023 
264 
2,287 
Charge for the year
760 
28 
788 
At 31 May 2024
2,783 
292 
3,075 
Net book value
At 31 May 2024
3,463 
119 
3,582 
At 31 May 2023
4,223 
147 
4,370 
5
Investment property
2024 
£ 
Fair value at 1 June 2023
380,000 
At 31 May 2024
380,000 
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BISHOPSTON PROPERTY DEVELOPMENT LIMITED Notes to the Accounts for the year ended 31 May 2024
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
2,557 
10,631 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
38,386 
37,435 
Accruals
1,340 
1,270 
39,726 
38,705 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
199,000 
100,000 
9
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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