BPS Housing Limited - Accounts to registrar (filleted) - small 18.2

BPS Housing Limited - Accounts to registrar (filleted) - small 18.2

BPS HOUSING LIMITED - Company Information

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REGISTERED NUMBER: 08965851 (England and Wales)



















BPS HOUSING LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2020






BPS HOUSING LIMITED (REGISTERED NUMBER: 08965851)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2020




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BPS HOUSING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2020







DIRECTOR: Mr S Frankel





REGISTERED OFFICE: First Floor
94 Stamford Hill
London
N16 6XS





REGISTERED NUMBER: 08965851 (England and Wales)





ACCOUNTANTS: Sugarwhite Meyer Accountants Ltd
First Floor
94 Stamford Hill
London
N16 6XS
Page 1
BPS HOUSING LIMITED (REGISTERED NUMBER: 08965851)

BALANCE SHEET
31 MARCH 2020

2020 2019
Notes £    £   
CURRENT ASSETS
Cash at bank 59,394 37,281

CREDITORS
Amounts falling due within one year 5 14,230 20,421
NET CURRENT ASSETS 45,164 16,860
TOTAL ASSETS LESS CURRENT
LIABILITIES
45,164
16,860

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 45,064 16,760
SHAREHOLDERS' FUNDS 45,164 16,860

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 May 2021 and were signed by:





Mr S Frankel - Director


The notes on page 3 form part of these financial statements

Page 2
BPS HOUSING LIMITED (REGISTERED NUMBER: 08965851)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2020

1. STATUTORY INFORMATION

BPS Housing 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. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is recognised at the fair value of the consideration receivable in respect of services provided in the normal course of business. The turnover of the company is represented by net rental sales exclusive of VAT, accounted for on an accruals basis.

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Profit and Loss Account, 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2019 - 1 ) .

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2020 2019
£    £   
Trade creditors - 15,000
Taxation and social security 6,639 3,578
Other creditors 7,591 1,843
14,230 20,421

6. PARENT UNDERTAKING

The company is a wholly owned subsidiary of Binton Estates (UK) Ltd.

Page 3