2022-01-01 2022-12-31 false No description of principal activity Capium Accounts Production 1.1 11086102 bus:FullAccounts 2022-01-01 2022-12-31 11086102 bus:FRS102 2022-01-01 2022-12-31 11086102 bus:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 11086102 bus:SmallCompaniesRegimeForAccounts 2022-01-01 2022-12-31 11086102 bus:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 11086102 2022-01-01 2022-12-31 11086102 2022-12-31 11086102 bus:RegisteredOffice 2022-01-01 2022-12-31 11086102 core:WithinOneYear 2022-12-31 11086102 core:AfterOneYear 2022-12-31 11086102 bus:Director1 2022-01-01 2022-12-31 11086102 bus:Director1 2022-12-31 11086102 bus:Director1 2021-01-01 2021-12-31 11086102 bus:Director2 2022-01-01 2022-12-31 11086102 bus:Director2 2022-12-31 11086102 bus:Director2 2021-01-01 2021-12-31 11086102 bus:Director3 2022-01-01 2022-12-31 11086102 bus:Director3 2022-12-31 11086102 bus:Director3 2021-01-01 2021-12-31 11086102 2021-01-01 11086102 bus:CompanySecretary1 2022-01-01 2022-12-31 11086102 bus:LeadAgentIfApplicable 2022-01-01 2022-12-31 11086102 2021-01-01 2021-12-31 11086102 2021-12-31 11086102 core:WithinOneYear 2021-12-31 11086102 core:AfterOneYear 2021-12-31 11086102 bus:EntityAccountantsOrAuditors 2021-01-01 2021-12-31 11086102 core:CostValuation core:Non-currentFinancialInstruments 2022-12-31 11086102 core:CostValuation core:Non-currentFinancialInstruments 2021-12-31 11086102 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2022-12-31 11086102 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2022-12-31 11086102 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2022-12-31 11086102 core:Non-currentFinancialInstruments 2022-12-31 11086102 core:Non-currentFinancialInstruments 2021-12-31 11086102 core:ShareCapital 2022-12-31 11086102 core:ShareCapital 2021-12-31 11086102 core:RetainedEarningsAccumulatedLosses 2022-12-31 11086102 core:RetainedEarningsAccumulatedLosses 2021-12-31 11086102 dpl:Item1 2022-01-01 11086102 dpl:Item1 2022-12-31 11086102 dpl:Item1 2021-01-01 11086102 dpl:Item1 2021-12-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 11086102
England and Wales

 

 

 

BACKGROUND GROUP LTD


Unaudited Financial Statements
 


Period of accounts

Start date: 01 January 2022

End date: 31 December 2022
Directors Hyams Louis Barry
Charlotte Lucy Campbell
James Brian Rule
Registered Number 11086102
Registered Office Netil House Unit 206
Westgate Street
London
E8 3RL
1
Director's report and financial statements
The directors present their annual report and the financial statements for the year ended 31 December 2022.
Directors
The directors who served the company throughout the year were as follows:
Hyams Louis Barry
Charlotte Lucy Campbell
James Brian Rule
Statement of directors' responsibilities
The directors are responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (Financial Reporting Standard 102). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.
In preparing these financial statements, the directors are required to :
  • select suitable accounting policies and then apply them consistently
  • make judgements and accounting estimates that are reasonable and prudent
  • state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
  • prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. The directors are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions

This report was approved by the board and signed on its behalf by:


----------------------------------
Hyams Louis Barry
Director

Date approved: 31 October 2023
2
 
 
Notes
 
2022
£
  2021
£
Fixed assets      
Investments 3 300    367 
300    367 
Current assets      
Debtors 4 250,833    532,266 
Cash at bank and in hand 18,809    224,482 
269,642    756,748 
Creditors: amount falling due within one year 5 (96,724)   (143,665)
Net current assets 172,918    613,083 
 
Total assets less current liabilities 173,218    613,450 
Creditors: amount falling due after more than one year 6 (20,651)   (36,451)
Net assets 152,567    576,999 
 

Capital and reserves
     
Called up share capital 350    300 
Profit and loss account 152,217    576,699 
Shareholder's funds 152,567    576,999 
 


For the year ended 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. 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.
These financial statements 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 Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the board of directors on 31 October 2023 and were signed on its behalf by:


-------------------------------
Hyams Louis Barry
Director
3
General Information
Background Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 11086102, registration address Netil House Unit 206, Westgate Street, London, E8 3RL.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Fixed asset investments
Fixed asset investments are stated at cost less provision for any permanent diminution in value.
2.

Average number of employees

Average number of employees during the year was 1 (2021 : 1).
3.

Investments

Cost Investments in group undertakings   Total
  £   £
At 01 January 2022 300    300 
Additions  
Transfer to/from tangible fixed assets  
Disposals  
At 31 December 2022 300    300 

4.

Debtors: amounts falling due within one year

2022
£
  2021
£
Amount Owed by Group Undertakings 250,533    531,966 
Other Debtors 300    300 
250,833    532,266 

5.

Creditors: amount falling due within one year

2022
£
  2021
£
Trade Creditors   1,150 
Bank Loans & Overdrafts 8,519   
Amounts Owed to Group Undertakings 43,065    25,826 
Corporation Tax 6,872    6,872 
Accrued Expenses 1,200    1,500 
Other Creditors 3,840    108,317 
Directors' Current Accounts 33,228   
96,724    143,665 

6.

Creditors: amount falling due after more than one year

2022
£
  2021
£
Bank Loans & Overdrafts 20,651    36,451 
20,651    36,451 

4