Company Registration No. 05173397 (England and Wales)
BUSINESS & FINANCE GROUP LTD
Unaudited accounts
for the year ended 31 December 2022
BUSINESS & FINANCE GROUP LTD
Unaudited accounts
Contents
BUSINESS & FINANCE GROUP LTD
Company Information
for the year ended 31 December 2022
Company Number
05173397 (England and Wales)
Registered Office
c/o B&F Services
3 More London Riverside
London
SE1 2RE
BUSINESS & FINANCE GROUP LTD
Statement of financial position
as at 31 December 2022
Cash at bank and in hand
36,181
50,866
Creditors: amounts falling due within one year
(55,278)
(62,165)
Net current liabilities
(18,097)
(11,299)
Total assets less current liabilities
37,702
44,500
Creditors: amounts falling due after more than one year
(37,032)
(42,586)
Called up share capital
2
2
Profit and loss account
668
1,912
Shareholders' funds
670
1,914
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 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 30 September 2023 and were signed on its behalf by
Farhad Reyazat
Director
Company Registration No. 05173397
BUSINESS & FINANCE GROUP LTD
Notes to the Accounts
for the year ended 31 December 2022
BUSINESS & FINANCE GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 05173397. The registered office is c/o B&F Services, 3 More London Riverside, London, SE1 2RE.
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.
4
Investments
Other investments
Valuation at 1 January 2022
55,799
Valuation at 31 December 2022
55,799
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
5,561
5,561
Taxes and social security
22
608
Other creditors
49,695
55,996
7
Creditors: amounts falling due after more than one year
2022
2021
8
Average number of employees
During the year the average number of employees was 0 (2021: 0).