Company Registration No. 10246932 (England and Wales)
BSD SERVICES LTD
Unaudited accounts
for the year ended 30 June 2021
BSD SERVICES LTD
Unaudited accounts
Contents
BSD SERVICES LTD
Company Information
for the year ended 30 June 2021
Company Number
10246932 (England and Wales)
Registered Office
36 ST. KILDA'S ROAD
LONDON
N16 5BZ
UNITED KINGDOM
Accountants
MAP Accounting Limited
26 Oakfield Avenue
Harrow
HA3 8TJ
BSD SERVICES LTD
Statement of financial position
as at 30 June 2021
Investment property
440,420
440,420
Cash at bank and in hand
19,389
56,285
Creditors: amounts falling due within one year
(131,735)
(170,018)
Net current liabilities
(112,346)
(113,733)
Total assets less current liabilities
328,157
326,791
Creditors: amounts falling due after more than one year
(324,443)
(324,559)
Called up share capital
1
1
Profit and loss account
3,713
2,231
Shareholders' funds
3,714
2,232
For the year ending 30 June 2021 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 director acknowledges his 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 and authorised for issue on 14 March 2022 and were signed on its behalf by
Perla Gluck
Director
Company Registration No. 10246932
BSD SERVICES LTD
Notes to the Accounts
for the year ended 30 June 2021
BSD SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 10246932. The registered office is 36 ST. KILDA'S ROAD, LONDON, N16 5BZ, UNITED KINGDOM.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
BSD SERVICES LTD
Notes to the Accounts
for the year ended 30 June 2021
4
Tangible fixed assets
Fixtures & fittings
Fair value at 1 July 2020
440,420
6
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
693
341
Other creditors
130,187
169,047
7
Creditors: amounts falling due after more than one year
2021
2020
Bank loans
324,443
324,559
8
Average number of employees
During the year the average number of employees was 1 (2020: 1).
