1 April 2022 false No description of principal activity Taxfiler 2023.9.1 11847063business:CompanyLimitedByGuarantee2022-04-012023-03-31 118470632022-03-31 118470632022-04-012023-03-31 11847063business:AuditExempt-NoAccountantsReport2022-04-012023-03-31 11847063business:AbridgedAccounts2022-04-012023-03-31 118470632023-03-31 11847063business:Director12022-04-012023-03-31 11847063business:Director22022-04-012023-03-31 11847063business:Director32022-04-012023-03-31 11847063business:Director42022-04-012023-03-31 11847063business:Director62022-04-012023-03-31 11847063business:RegisteredOffice2022-04-012023-03-31 118470632022-03-31 11847063core:WithinOneYear2023-03-31 11847063core:WithinOneYear2022-03-31 11847063core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 11847063core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-03-31 11847063core:PreviouslyStatedAmount2023-03-31 11847063core:PreviouslyStatedAmount2022-03-31 11847063business:SmallEntities2022-04-012023-03-31 11847063countries:EnglandWales2022-04-012023-03-31 11847063core:PlantMachinery2022-04-012023-03-31 11847063core:ComputerEquipment2022-04-012023-03-31 118470632021-04-012022-03-31 iso4217:GBP xbrli:pure
Company Registration No. 11847063 (England and Wales)
Clapham Junction Business Improvement District (BID) Ltd Unaudited accounts for the year ended 31 March 2023
Clapham Junction Business Improvement District (BID) Ltd Unaudited accounts Contents
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Clapham Junction Business Improvement District (BID) Ltd Company Information for the year ended 31 March 2023
Directors
Mr Jonathan Charles Dyson Mr Anthony Ioannou Mr Harvey Jacobs Dr Michael John Jubb Mr Calvin Anthony Rattray
Company Number
11847063 (England and Wales)
Registered Office
16 West Barnes Lane West Wimbledon London SW10 0BU United Kingdom
Accountants
Business Clan Ltd 16 West Barnes Lane West Wimbledon London SW20 0BU
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Clapham Junction Business Improvement District (BID) Ltd Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,707 
33,678 
Current assets
Debtors
62,446 
(1,329)
Cash at bank and in hand
230,239 
207,813 
292,685 
206,484 
Creditors: amounts falling due within one year
(32,830)
(26,624)
Net current assets
259,855 
179,860 
Net assets
266,562 
213,538 
Reserves
Profit and loss account
266,562 
213,538 
Members' funds
266,562 
213,538 
For the year ending 31 March 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 Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 27 September 2023 and were signed on its behalf by
Mr Anthony Ioannou Director Company Registration No. 11847063
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Clapham Junction Business Improvement District (BID) Ltd Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Clapham Junction Business Improvement District (BID) Ltd is a private company, limited by guarantee, registered in England and Wales, registration number 11847063. The registered office is 16 West Barnes Lane, West Wimbledon, London, SW10 0BU, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Statutory Information
Clapham Junction Business Improvement District (BID) Limited is a private company, limited by guarantee, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
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:
Plant & machinery
33.33%
Computer equipment
33.33%
Principal activities
Clapham Junction Business Improvement (BID) Limited is the business improvement district for Clapham Junction. The results for the year and the financial position of the company are as shown below. Total levy income for 2022-2023 was £531,198, of this amount collected £232,179 related to previous three years levy collections for 2019-2020, 2020- 2021 and 2021-2022. 2022/2023 was the Fourth year of the BID's five year term. We have delivered projects and services with three main aims: Marketing & Promotion Events & Festivals Safe & Welcoming The annual accounts were approved at the AGM on 7th September 2022.
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Clapham Junction Business Improvement District (BID) Ltd Notes to the Accounts for the year ended 31 March 2023
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 April 2022
77,860 
Additions
583 
At 31 March 2023
78,443 
Depreciation
At 1 April 2022
44,182 
Charge for the year
27,554 
At 31 March 2023
71,736 
Net book value
At 31 March 2023
6,707 
At 31 March 2022
33,678 
5
Company limited by guarantee
The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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