IRIS Accounts Production v23.3.0.418 11914536 Board of Directors 1.4.22 31.3.23 31.3.23 false true false false true false Ordinary Shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure119145362022-03-31119145362023-03-31119145362022-04-012023-03-31119145362021-03-31119145362021-04-012022-03-31119145362022-03-3111914536ns16:EnglandWales2022-04-012023-03-3111914536ns15:PoundSterling2022-04-012023-03-3111914536ns11:Director12022-04-012023-03-3111914536ns11:PrivateLimitedCompanyLtd2022-04-012023-03-3111914536ns11:SmallEntities2022-04-012023-03-3111914536ns11:AuditExempt-NoAccountantsReport2022-04-012023-03-3111914536ns11:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3111914536ns11:SmallCompaniesRegimeForAccounts2022-04-012023-03-3111914536ns11:FullAccounts2022-04-012023-03-3111914536ns11:OrdinaryShareClass12022-04-012023-03-3111914536ns11:Director22022-04-012023-03-3111914536ns11:Director32022-04-012023-03-3111914536ns11:Director42022-04-012023-03-3111914536ns11:CompanySecretary12022-04-012023-03-3111914536ns11:RegisteredOffice2022-04-012023-03-3111914536ns6:CurrentFinancialInstruments2023-03-3111914536ns6:CurrentFinancialInstruments2022-03-3111914536ns6:Non-currentFinancialInstruments2023-03-3111914536ns6:Non-currentFinancialInstruments2022-03-3111914536ns6:ShareCapital2023-03-3111914536ns6:ShareCapital2022-03-3111914536ns6:RetainedEarningsAccumulatedLosses2023-03-3111914536ns6:RetainedEarningsAccumulatedLosses2022-03-3111914536ns6:PlantMachinery2022-04-012023-03-3111914536ns6:ComputerEquipment2022-04-012023-03-3111914536ns6:PlantMachinery2022-03-3111914536ns6:ComputerEquipment2022-03-3111914536ns6:PlantMachinery2023-03-3111914536ns6:ComputerEquipment2023-03-3111914536ns6:PlantMachinery2022-03-3111914536ns6:ComputerEquipment2022-03-3111914536ns6:WithinOneYearns6:CurrentFinancialInstruments2023-03-3111914536ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-3111914536ns11:OrdinaryShareClass12023-03-3111914536ns11:Director442022-03-3111914536ns11:Director442021-03-3111914536ns11:Director442022-04-012023-03-3111914536ns11:Director442021-04-012022-03-3111914536ns11:Director442023-03-3111914536ns11:Director442022-03-3111914536ns11:Director112022-03-3111914536ns11:Director112021-03-3111914536ns11:Director112022-04-012023-03-3111914536ns11:Director112021-04-012022-03-3111914536ns11:Director112023-03-3111914536ns11:Director112022-03-31119145363ns11:Director32022-03-31119145363ns11:Director32021-03-31119145363ns11:Director32022-04-012023-03-31119145363ns11:Director32021-04-012022-03-31119145363ns11:Director32023-03-31119145363ns11:Director32022-03-31119145362ns11:Director22022-03-31119145362ns11:Director22021-03-31119145362ns11:Director22022-04-012023-03-31119145362ns11:Director22021-04-012022-03-31119145362ns11:Director22023-03-31119145362ns11:Director22022-03-31
REGISTERED NUMBER: 11914536 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 March 2023

for

B47 CONTRACTS LIMITED

B47 CONTRACTS LIMITED (REGISTERED NUMBER: 11914536)

Contents of the Financial Statements
for the year ended 31 March 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


B47 CONTRACTS LIMITED

Company Information
for the year ended 31 March 2023







Directors: Mr D King
Mr D Hastings
Mr J Woods
Mr J D Wren





Secretary: Mr D Hastings





Registered office: Juniper House
Warley Hill Business Park
The Drive
Brentwood
Essex
CM13 3BE





Registered number: 11914536 (England and Wales)





Accountants: Haines Watts South East LLP
Chartered Accountants
Juniper House
Warley Hill Business Park
The Drive
Brentwood
Essex
CM13 3BE

B47 CONTRACTS LIMITED (REGISTERED NUMBER: 11914536)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Tangible assets 4 1,171 1,561

Current assets
Debtors 5 23,311 39,327
Cash at bank 45,810 52,766
69,121 92,093
Creditors
Amounts falling due within one year 6 51,412 67,804
Net current assets 17,709 24,289
Total assets less current liabilities 18,880 25,850

Creditors
Amounts falling due after more than one
year

7

17,333

25,396
Net assets 1,547 454

Capital and reserves
Called up share capital 8 100 100
Retained earnings 1,447 354
Shareholders' funds 1,547 454

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 November 2023 and were signed on its behalf by:





Mr D Hastings - Director


B47 CONTRACTS LIMITED (REGISTERED NUMBER: 11914536)

Notes to the Financial Statements
for the year ended 31 March 2023


1. Statutory information

B47 Contracts Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. Employees and directors

The average number of employees during the year was 4 (2022 - 4 ) .

4. Tangible fixed assets
Plant and Computer
machinery equipment Totals
£    £    £   
Cost
At 1 April 2022
and 31 March 2023 1,403 927 2,330
Depreciation
At 1 April 2022 330 439 769
Charge for year 268 122 390
At 31 March 2023 598 561 1,159
Net book value
At 31 March 2023 805 366 1,171
At 31 March 2022 1,073 488 1,561

B47 CONTRACTS LIMITED (REGISTERED NUMBER: 11914536)

Notes to the Financial Statements - continued
for the year ended 31 March 2023


5. Debtors: amounts falling due within one year
2023 2022
£    £   
Trade debtors - 20,141
Other debtors 23,311 19,186
23,311 39,327

6. Creditors: amounts falling due within one year
2023 2022
£    £   
Bank loans and overdrafts 8,000 8,000
Trade creditors 300 294
Taxation and social security 40,362 56,760
Other creditors 2,750 2,750
51,412 67,804

7. Creditors: amounts falling due after more than one year
2023 2022
£    £   
Bank loans 17,333 25,396

8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary Shares £1 100 100

9. Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the years ended 31 March 2023 and 31 March 2022:

2023 2022
£    £   
Mr J D Wren
Balance outstanding at start of year 12,119 18,766
Amounts advanced 40,532 37,949
Amounts repaid (43,276 ) (44,596 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 9,375 12,119

Mr D Hastings
Balance outstanding at start of year 2,355 (2,327 )
Amounts advanced 42,267 45,051
Amounts repaid (39,977 ) (40,369 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 4,645 2,355

B47 CONTRACTS LIMITED (REGISTERED NUMBER: 11914536)

Notes to the Financial Statements - continued
for the year ended 31 March 2023


9. Directors' advances, credits and guarantees - continued

Mr J Woods
Balance outstanding at start of year 2,355 1,564
Amounts advanced 52,186 53,719
Amounts repaid (49,896 ) (52,928 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 4,645 2,355

Mr D King
Balance outstanding at start of year 2,355 3,680
Amounts advanced 42,405 49,104
Amounts repaid (40,115 ) (50,429 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 4,645 2,355