B & G Building S.W. Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 08506964 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 MAY 2022 TO 29 APRIL 2023

FOR

B & G BUILDING S.W. LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Baldwin

D Gummer

SECRETARY:

D Gummer

REGISTERED OFFICE:

REGISTERED NUMBER:

08506964 (England and Wales)

ACCOUNTANTS:

Douglas Crook Accountancy Services

92 Nore Road

Portishead

Bristol

BS20 8DX

FIXED ASSETS

Tangible assets

4

6,765

9,019

CURRENT ASSETS

Debtors

5

-

9,500

Cash at bank

139,587

125,136

139,587

134,636

CREDITORS

Amounts falling due within one year

6

121,972

93,240

NET CURRENT ASSETS

17,615

41,396

TOTAL ASSETS LESS CURRENT LIABILITIES

24,380

50,415

CREDITORS

Amounts falling due after more than one year

7

20,556

30,217

NET ASSETS

3,824

20,198

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

3,822

20,196

3,824

20,198

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 29 April 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 29 April 2023 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 applicable to companies subject to the small companies regime.

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

The financial statements were approved by the Board of Directors and authorised for issue on 29 January 2024 and were signed on its behalf by:

S Baldwin - Director

D Gummer - Director

1.	STATUTORY INFORMATION

B & G Building S.W. 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 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. The financial statements have been prepared under the historical cost convention.

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.

Taxation

Taxation for the period comprises current and deferred 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 or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 (2022 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2022

and 29 April 2023

12,025

DEPRECIATION

At 1 May 2022

3,006

Charge for period

2,254

At 29 April 2023

5,260

NET BOOK VALUE

At 29 April 2023

6,765

At 30 April 2022

9,019

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Other debtors

-

9,500

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Bank loans and overdrafts

9,800

9,800

Trade creditors

6,154

6,155

Taxation and social security

102,958

73,499

Other creditors

3,060

3,786

121,972

93,240

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2023

2022

£

£

Bank loans

20,556

30,217