BPL Business Media Group Limited
BPL Business Media Group Limited
Unaudited Financial Statements
For The Year Ended
31 December 2022
Burns & Co (Accountants) Ltd
BPL Business Media Group Limited
Unaudited Financial Statements
For The Year Ended
31 December 2022
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1—2 |
| Notes to the Financial Statements | 3—5 |
Page 1
BPL Business Media Group Limited
Balance Sheet
As At
31 December 2022
Balance Sheet
Registered number:
04012586
For the year ending 31 December 2022 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
| 2022 | 2021 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 5 |
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| CURRENT ASSETS | |||||
| Debtors | 6 |
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| Investments | 7 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 8 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| Creditors: Amounts Falling Due After More Than One Year | 9 |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 10 |
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| Capital redemption reserve |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | 120,816 | 132,001 | |||
Page 1
Page 2
BPL Business Media Group Limited
Balance Sheet (continued)
As At
31 December 2022
On behalf of the board
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Director
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The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
BPL Business Media Group Limited
Notes to the Financial Statements
For The Year Ended
31 December 2022
Notes to the Financial Statements
1.
General Information
BPL Business Media Group Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
04012586
. The registered office is Grenville Court, Britwell Road, Burnham, Buckinghamshire, SL1 8DF.
2.
Accounting Policies
2.1.
Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2.
Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It has been fully depreciated in the accounts.
2.3.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Plant & Machinery |
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| Computer Equipment |
|
3.
Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2021: NIL)
4.
Intangible Assets
| Goodwill | |||
|---|---|---|---|
| £ | |||
| Cost | |||
| As at
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| Additions |
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| As at
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| Amortisation | |||
| As at
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| Provided during the period |
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| As at
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| Net Book Value | |||
| As at
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| As at
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Titles and goodwill have been fully written off.
Page 3
Page 4
BPL Business Media Group Limited
Notes to the Financial Statements (continued)
For The Year Ended
31 December 2022
5.
Tangible Assets
| Plant & Machinery | |
|---|---|
| £ | |
| Cost | |
| As at
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| Additions |
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| As at
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| Depreciation | |
| As at
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| Provided during the period |
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| As at
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| Net Book Value | |
| As at
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| As at
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6.
Debtors
| 2022 | 2021 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Trade debtors |
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| Other debtors |
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| VAT |
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7.
Current Asset Investments
| 2022 | 2021 | ||
|---|---|---|---|
| £ | £ | ||
| Shares in subsidiaries |
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The company holds 20% or more of the share capital of the following companies:
IT Europa Media & Intelligence Ltd - 80%
BPL Business Media Ltd - 100%
8.
Creditors: Amounts Falling Due Within One Year
| 2022 | 2021 | ||
|---|---|---|---|
| £ | £ | ||
| Trade creditors |
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| Bank loans and overdrafts |
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| Other creditors |
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| Accruals and deferred income |
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| Amounts owed to subsidiaries |
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Page 4
Page 5
BPL Business Media Group Limited
Notes to the Financial Statements (continued)
For The Year Ended
31 December 2022
9.
Creditors: Amounts Falling Due After More Than One Year
| 2022 | 2021 | ||
|---|---|---|---|
| £ | £ | ||
| Other creditors |
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10.
Share Capital
| 2022 | 2021 | ||
|---|---|---|---|
| £ | £ | ||
| Allotted, Called up and fully paid |
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11.
Dividends
No dividends were paid to the directors during the financial period.
12.
Related Party Transactions
The company owes to BPL Business Media Ltd, a subsidiary of the company, the sum of £4,109 (2021: £6,071 owed by BPL Business Media Ltd)
The company owes IT Europa Media & Intelligence Limited, a subsidiary of the company £212,972 (2021: £175,000)
13.
Ultimate Controlling Party
The company's ultimate controlling party is Mr C P J Boeree by virtue of his ownership of a majority interest in the issued share capital of the company.
Page 5