BPC Investments Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00848162 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 June 2018

for

BPC Investments Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs L V Yule

D Edwards

Dr S J Deakin

REGISTERED OFFICE:

Military House

24 Castle Street

Chester

Cheshire

CH1 2DS

REGISTERED NUMBER:

00848162 (England and Wales)

ACCOUNTANTS:

Pursglove & Brown

Military House

24 Castle Street

Chester

Cheshire

CH1 2DS

FIXED ASSETS

Tangible assets

4

11,222

13,447

Investment property

5

755,800

642,800

767,022

656,247

CURRENT ASSETS

Debtors

4,687

4,364

Cash at bank

15,588

18,415

20,275

22,779

CREDITORS

Amounts falling due within one year

(17,238

)

(24,110

)

NET CURRENT ASSETS/(LIABILITIES)

3,037

(1,331

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

770,059

654,916

CAPITAL AND RESERVES

Called up share capital

6

5,000

Revaluation reserve

7

555,796

442,796

Other distributable reserves

7

10,300

Retained earnings

7

198,963

196,820

SHAREHOLDERS' FUNDS

770,059

654,916

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end
of each financial year and of its profit or loss for each financial year in accordance with the requirements of
Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to
financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 June 2018 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 12 December 2018 and were signed on its behalf
by:

D Edwards - Director

1.	STATUTORY INFORMATION

BPC Investments Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

The financial statements are presented in sterling which is the functional currency of the company, rounded to

the nearest £1.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

10% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that

it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2017 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 July 2017

and 30 June 2018

25,038

DEPRECIATION

At 1 July 2017

11,591

Charge for year

2,225

At 30 June 2018

13,816

NET BOOK VALUE

At 30 June 2018

11,222

At 30 June 2017

13,447

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 July 2017

642,800

Revaluations

113,000

At 30 June 2018

755,800

NET BOOK VALUE

At 30 June 2018

755,800

At 30 June 2017

642,800

Fair value at 30 June 2018 is represented by:

£

Valuation in 2014

407,387

Valuation in 2015

39,465

Valuation in 2016

195,948

Valuation in 2018

113,000

755,800

If investment property had not been revalued it would have been included at the following historical cost:

30.6.18

30.6.17

£

Cost

195,948

Investment property was valued on an open market basis basis on 30 June 2016 by the directors of the company

.

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.6.18

30.6.17

value:

£

5,000

Ordinary

£1

5,000

7.

RESERVES

Other

Retained

Revaluation

distributable

earnings

reserve

reserves

Totals

£

At 1 July 2017

196,820

442,796

10,300

649,916

Profit for the year

26,643

Dividends

(24,500

)

(24,500

)

Property revaluation

-

113,000

-

113,000

At 30 June 2018

198,963

555,796

10,300

765,059

BPC Investments Limited - Accounts to registrar (filleted) - small 18.2

BPC Investments Limited - Accounts to registrar (filleted) - small 18.2