Company Registration No. 12318916 (England and Wales)
Business Buddies Contracting Ltd
Unaudited accounts
for the year ended 30 November 2021
Business Buddies Contracting Ltd
Unaudited accounts
Contents
Business Buddies Contracting Ltd
Company Information
for the year ended 30 November 2021
Directors
Lindsey Spurway
Sarah Lonnon
Company Number
12318916 (England and Wales)
Registered Office
Devonshire House
Aviary Court
Basingstoke
Hampshire
RG24 8PE
United Kingdom
Business Buddies Contracting Ltd
Statement of financial position
as at 30 November 2021
Cash at bank and in hand
6,813
1,122
Creditors: amounts falling due within one year
1,975
(734)
Net current assets
7,774
5,673
Total assets less current liabilities
8,526
6,691
Creditors: amounts falling due after more than one year
(17,629)
(8,955)
Net liabilities
(9,103)
(2,264)
Profit and loss account
(9,103)
(2,264)
Shareholders' funds
(9,103)
(2,264)
For the year ending 30 November 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 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 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 of Directors and authorised for issue on 26 August 2022 and were signed on its behalf by
Lindsey Spurway
Director
Company Registration No. 12318916
Business Buddies Contracting Ltd
Notes to the Accounts
for the year ended 30 November 2021
Business Buddies Contracting Ltd is a private company, limited by shares, registered in England and Wales, registration number 12318916. The registered office is Devonshire House, Aviary Court, Basingstoke, Hampshire, RG24 8PE, 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:
Fixtures & fittings
No depreciation in first year. Assets over £100. Straight line basis, 4 years, no disposal proceeds.
Computer equipment
No depreciation in first year. Assets over £100. Straight line basis, 3 years, no disposal proceeds.
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2020
141
877
1,018
At 30 November 2021
141
877
1,018
Charge for the year
47
219
266
At 30 November 2021
47
219
266
At 30 November 2021
94
658
752
At 30 November 2020
141
877
1,018
Business Buddies Contracting Ltd
Notes to the Accounts
for the year ended 30 November 2021
5
Debtors: amounts falling due within one year
2021
2020
6
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
(1,975)
-
7
Creditors: amounts falling due after more than one year
2021
2020
Other creditors
17,629
8,955
8
Average number of employees
During the year the average number of employees was 0 (2020: 0).