Band London Ltd Filleted Accounts Cover
Band London Ltd
Company No. 04658601
Information for Filing with The Registrar
30 April 2023
Band London Ltd Balance Sheet Registrar
at
30 April 2023
Company No.
04658601
Notes
2023
2022
£
£
Current assets
Debtors
4
12,8382,530
Cash at bank and in hand
7,98816,010
20,82618,540
Creditors: Amount falling due within one year
5
(4,690)
(2,530)
Net current assets
16,13616,010
Total assets less current liabilities
16,13616,010
Net assets
16,13616,010
Capital and reserves
Called up share capital
100100
Share premium account
7
1,4951,495
Profit and loss account
7
14,54114,415
Total equity
16,13616,010
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 30 April 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 09 October 2023
And signed on its behalf by:
B.G. Basten
Director
09 October 2023
Band London Ltd Notes to the Accounts Registrar
for the year ended 30 April 2023
1
General information
Its registered number is: 04658601
Its registered office is:
16 Linslade Road
Chelsfield
Orpington
Kent
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland (March 2018) and the Companies Act 2006.
2
Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes if applicable. Turnover includes revenue earned from the rendering of services. Where relevant, turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Taxation
Corporation tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Current tax for the year is recognised in profit or loss, except when it relates to items that are recognised in other comprehensive income or directly in equity, in which case, the current tax is also recognised in other comprehensive income or directly in equity respectively.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Leased assets
Where the company enters into a lease which entails taking substantially all the risks and rewards of ownership of an asset, the lease is treated as a finance lease.

Leases which do not transfer substantially all the risks and rewards of ownership to the Company are classified as operating leases.

Assets held under finance leases are initially recognised as assets of the Company at their fair value at the inception of the lease or, if lower, at the present value of the minimum lease payments. The corresponding liability to the lessor is included in the balance sheet date as a finance lease obligation. Lease payments are apportioned between finance expenses and reduction of the lease obligation so as to achieve a constant rate of interest on the remaining balance of the liability. Finance expenses are recognised immediately in profit or loss, unless they are directly attributable to qualifying assets, in which case they are capitalised in accordance with the Company's policy on borrowing costs (see the accounting policy above).

Assets held under finance leases are depreciated in the same way as owned assets.

Operating lease payments are recognised as an expense on a straight-line basis over the lease term.

In the event that lease incentives are received to enter into operating leases, such incentives are recognised as a liability. The aggregate benefit of incentives is recognised as a reduction of rental expense on a straight-line basis.
Defined contribution pensions
The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations.
The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
Provisions
Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.
3
Employees
2023
2022
Number
Number
The average monthly number of employees (including directors) during the year was:
22
4
Debtors
2023
2022
£
£
Loans to directors
-2,530
Other debtors
12,838-
12,8382,530
5
Creditors:
amounts falling due within one year
2023
2022
£
£
Bank loans and overdrafts
94-
Trade creditors
-125
Taxes and social security
4,130
2,405
Loans from directors
466-
4,6902,530
6
Share Capital
The share capital represents 100 £1 Ordinary shares allocated called up and fully paid.
7
Reserves
Share premium account - includes any premiums received on issue of share capital. Any transaction costs associated with the issuing of shares are deducted from share premium.
Profit and loss account - includes all current and prior period retained profits and losses.
Band London Ltd0465860130 April 202301 May 2022false09 October 2023BTCSoftware AP Solution 2023 10.3.0110.3.01true046586012022-05-012023-04-30046586012023-04-30046586012022-04-3004658601core:WithinOneYear2023-04-3004658601core:WithinOneYear2022-04-3004658601core:ShareCapital2023-04-3004658601core:ShareCapital2022-04-3004658601core:SharePremium2023-04-3004658601core:SharePremium2022-04-3004658601core:RetainedEarningsAccumulatedLosses2023-04-3004658601core:RetainedEarningsAccumulatedLosses2022-04-3004658601bus:RegisteredOffice2022-05-012023-04-30046586012021-05-012022-04-3004658601core:SharePremium2022-05-012023-04-3004658601core:RetainedEarningsAccumulatedLosses2022-05-012023-04-30046586012022-05-0104658601bus:SmallEntities2022-05-012023-04-3004658601bus:FullAccounts2022-05-012023-04-3004658601bus:AuditExempt-NoAccountantsReport2022-05-012023-04-3004658601bus:Director22022-05-012023-04-3004658601bus:PrivateLimitedCompanyLtd2022-05-012023-04-30iso4217:GBPxbrli:pure