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Bg Accounting Limited
Registered Number:11168384
For the year ended 31 January 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 January 2023
Bg Accounting Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
11168384
As at 31 January 2023
Bg Accounting Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
4,048
4,954
2
Financial assets
29,295
29,295
3
33,343
34,249
Current assets
Trade and other receivables
67,686
70,772
4
21,148
Cash and cash equivalents
14,779
85,551
88,834
Trade and other payables: amounts falling due within one
year
(18,650)
(9,453)
5
70,184
76,098
Net current assets
Total assets less current liabilities
109,441
104,433
Trade and other payables: amounts falling due after more
than one year
(14,174)
(12,502)
6
96,939
Net assets
90,259
Capital and reserves
Called up share capital
100
100
Fair value reserve
9,245
9,245
Retained earnings
87,594
80,914
96,939
90,259
Shareholders' funds
For the year ended 31 January 2023 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 of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Benjamin Godleman Director
These financial statements were approved and authorised for issue by the Board on 01 February 2023 and were signed by:
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4
Registered Number :
11168384
For the year ended 31 January 2023
Bg Accounting Limited
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 31 January 2023
Bg Accounting Limited
Notes to the Financial Statements
Statutory Information
Bg Accounting Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 11168384.
Registered address:
The Coach House
Tye Green Village
Harlow
Essex
CM18 6QZ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25 Reducing balance
Computer Equipment
25 Reducing balance
Furniture and Fittings
2. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
£
£
£
Cost or
valuation
At 01 February 2022
7,056
3,164
3,892
At 31 January 2023
3,892
3,164
7,056
Provision for depreciation and impairment
At 01 February 2022
2,102
718
1,384
Charge for year
906
378
528
At 31 January 2023
3,008
1,096
1,912
At 31 January 2023
Net book value
1,980
2,068
4,048
At 31 January 2022
2,508
2,446
4,954
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6
For the year ended 31 January 2023
Bg Accounting Limited
Notes to the Financial Statements Continued
3. Investments held as fixed assets
Other investments
Total
At 01 February 2022
29,295
29,295
Cost
£
£
At 31 January 2023
29,295
29,295
At 31 January 2023
Net book value
29,295
29,295
At 01 February 2022
29,295
29,295
4. Trade and other receivables
2022
2023
£
£
Trade debtors
7,968
4,882
Amounts owed by group undertakings and participating interests
62,804
62,804
67,686
70,772
The debtors above include the following amounts falling due after more than one year:
Amounts owed by group undertakings and participating interests
62,804
62,804
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
(1)
1
Taxation and social security
3,422
8,961
Other creditors
6,032
9,688
9,453
18,650
6. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
12,502
14,174
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7
For the year ended 31 January 2023
Bg Accounting Limited
Notes to the Financial Statements Continued
7. Average number of persons employed
During the year the average number of employees was 0 (2022 : 2)
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