Registered number
08577202
BB Catering Supplies Ltd
Directors report and unaudited financial statements
for the year ended 30 June 2023
BB Catering Supplies Ltd
Report and accounts
Contents
Page
Company information 1
Directors' report 2
Accountants' report 3
Profit and loss account 4
Balance sheet 5
Statement of changes in equity 6
Notes to the accounts 7 - 10
BB Catering Supplies Ltd
Company Information
Directors
Mohammed Bhamji
Younus Bhamji
Yaqub Bhamji
Mustaid Bhamji
Accountants
AKT Accountants
Matrix House
14 Strawberry Bank
Blackburn
Lancashire
BB2 6AA
Bankers
Santander Bank
Bridle Road
Bootle
Merseyside
L30 4GB
Registered office
Unit 2, Witton Business Park
Cartmel Road
Blackburn
Lancashire
BB2 2TA
Registered number
08577202
BB Catering Supplies Ltd
Registered number: 08577202
Directors' Report
The directors present their report and accounts for the year ended 30 June 2023.
Principal activities
The company's principal activity during the year continued to be that of wholesaler of catering supplies.
Directors
The following persons served as directors during the year:
Mohammed Bhamji
Younus Bhamji
Yaqub Bhamji
Mustaid Bhamji
Small company provisions
This report has been prepared in accordance with the provisions in Part 15 of the Companies Act 2006 applicable to companies subject to the small companies regime.
This report was approved by the board on 16 November 2023 and signed on its behalf.
Younus Bhamji
Director
BB Catering Supplies Ltd
Accountants' Report
Accountants' report to the directors of
BB Catering Supplies Ltd
You consider that the company is exempt from an audit for the year ended 30 June 2023. You have acknowledged, on the balance sheet, your responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These responsibilities include preparing accounts that give a true and fair view of the state of affairs of the company at the end of the financial year and of its profit or loss for the financial year.
In accordance with your instructions, we have prepared the accounts which comprise the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the accounting records of the company and on the basis of information and explanations you have given to us.
We have not carried out an audit or any other review, and consequently we do not express any opinion on these accounts.
AKT Accountants
Matrix House
14 Strawberry Bank
Blackburn
Lancashire
BB2 6AA
16 November 2023
BB Catering Supplies Ltd
Profit and Loss Account
for the year ended 30 June 2023
2023 2022
£ £
Turnover 15,554,898 13,248,150
Cost of sales (13,859,272) (11,929,594)
Gross profit 1,695,626 1,318,556
Distribution costs - (15,300)
Administrative expenses (1,263,098) (1,079,764)
Other operating income 10,675 171,599
Operating profit 443,203 395,091
Interest payable - (46)
Profit before taxation 443,203 395,045
Tax on profit (87,234) (17,998)
Profit for the financial year 355,969 377,047
BB Catering Supplies Ltd
Registered number: 08577202
Balance Sheet
as at 30 June 2023
Notes 2023 2022
£ £
Fixed assets
Intangible assets 3 2,518 2,518
Tangible assets 4 260,312 160,154
262,830 162,672
Current assets
Stocks 1,286,292 1,286,692
Debtors 5 1,298,935 1,360,212
Cash at bank and in hand 185,790 63,546
2,771,017 2,710,450
Creditors: amounts falling due within one year 6 (1,946,885) (2,138,129)
Net current assets 824,132 572,321
Net assets 1,086,962 734,993
Capital and reserves
Called up share capital 100 100
Profit and loss account 1,086,862 734,893
Shareholders' funds 1,086,962 734,993
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Younus Bhamji
Director
Approved by the board on 16 November 2023
BB Catering Supplies Ltd
Statement of Changes in Equity
for the year ended 30 June 2023
Share Share Re- Profit Total
capital premium valuation and loss
reserve account
£ £ £ £ £
At 1 July 2021 100 - - 365,846 365,946
Profit for the financial year 377,047 377,047
Dividends (8,000) (8,000)
At 30 June 2022 100 - - 734,893 734,993
At 1 July 2022 100 - - 734,893 734,993
Profit for the financial year 355,969 355,969
Dividends (4,000) (4,000)
At 30 June 2023 100 - - 1,086,862 1,086,962
BB Catering Supplies Ltd
Notes to the Accounts
for the year ended 30 June 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment over 5 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 45 46
3 Intangible fixed assets £
Goodwill:
Cost
At 1 July 2022 2,518
At 30 June 2023 2,518
Amortisation
At 30 June 2023 -
Net book value
At 30 June 2023 2,518
At 30 June 2022 2,518
The registration plates are likely to increase in value therefore no provision for amortisation has been provided.
4 Tangible fixed assets
Land and buildings Plant and machinery etc Motor vehicles Total
£ £ £ £
Cost
At 1 July 2022 - 186,376 176,211 362,587
Additions 79,950 18,348 70,400 168,698
At 30 June 2023 79,950 204,724 246,611 531,285
Depreciation
At 1 July 2022 - 124,829 77,604 202,433
Charge for the year - 25,224 43,316 68,540
At 30 June 2023 - 150,053 120,920 270,973
Net book value
At 30 June 2023 79,950 54,671 125,691 260,312
At 30 June 2022 - 61,547 98,607 160,154
5 Debtors 2023 2022
£ £
Trade debtors 1,270,935 1,332,212
Other debtors 28,000 28,000
1,298,935 1,360,212
6 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 36,478 38,653
Other loans 58,742 148,792
Trade creditors 1,399,803 1,525,041
Taxation and social security costs 239,797 232,648
Other creditors 75,451 62,133
Director's account 127,219 123,467
Accruals and deferred income 9,395 7,395
1,946,885 2,138,129
7 Related party transactions
Directors accounts in note 6 include £29,121 (2022: £27,245) owd to the director Mr Mohammed Bhamji. The loan is interest free, unsecured and repayable on demand. The maximum balance of the loan during the year was £29,121.

Directors accounts also includes £33,472 (2022: £33,472) owed to the director Mr Younus Bhamji. The loan is interest free, unsecured and repayable on demand. The maximum balance of the loan during the year was £33,472.

Directors accounts also includes £35,805 (2022: £35,805) owed to the director Mr Yaqub Bhamji. The loan is interest free, unsecured and repayable on demand. The maximum balance of the loan during the year was £35,805.

Directors accounts also includes £28,821 (2022: £26,945) owed to the director Mr Mustaid Bhamji. The loan is interest free, unsecured and repayable on demand. The maximum balance of the loan during the year was £28,821.
8 Controlling party
The ultimate controlling party is Mr Mohammed Bhamji, Mr Younus Bhamji, Mr Yaqub Bhamji and Mr Mustaid Bhamji who each own 25% of the allotted share capital.
9 Other information
BB Catering Supplies Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Unit 2, Witton Business Park
Cartmel Road
Blackburn
Lancashire
BB2 2TA
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