IRIS Accounts Productionv23.3.0.418SC374546Board of Directors1.3.2228.2.2328.2.23falsetruefalsefalsetruefalseOrdinary1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC3745462022-02-28SC3745462023-02-28SC3745462022-03-012023-02-28SC3745462021-02-28SC3745462021-03-012022-02-28SC3745462022-02-28SC374546ns10:Originalns15:Scotland2022-03-012023-02-28SC374546ns14:PoundSterlingns10:Original2022-03-012023-02-28SC374546ns10:Originalns10:Director12022-03-012023-02-28SC374546ns10:Original2022-03-012023-02-28SC374546ns10:Original2023-02-28SC374546ns10:Originalns10:PrivateLimitedCompanyLtd2022-03-012023-02-28SC374546ns10:Originalns10:SmallEntities2022-03-012023-02-28SC374546ns10:Originalns10:AuditExempt-NoAccountantsReport2022-03-012023-02-28SC374546ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-28SC374546ns10:SmallCompaniesRegimeForAccountsns10:Original2022-03-012023-02-28SC374546ns10:Originalns10:FullAccounts2022-03-012023-02-28SC374546ns10:Originalns10:OrdinaryShareClass12022-03-012023-02-28SC374546ns10:Originalns10:Director22022-03-012023-02-28SC374546ns10:Originalns10:RegisteredOffice2022-03-012023-02-28SC374546ns10:Original2022-02-28SC374546ns10:Originalns5:CurrentFinancialInstruments2023-02-28SC374546ns10:Originalns5:CurrentFinancialInstruments2022-02-28SC374546ns10:Originalns5:Non-currentFinancialInstruments2023-02-28SC374546ns10:Originalns5:Non-currentFinancialInstruments2022-02-28SC374546ns5:ShareCapitalns10:Original2023-02-28SC374546ns5:ShareCapitalns10:Original2022-02-28SC374546ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-02-28SC374546ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-02-28SC374546ns10:Original2021-03-012022-02-28SC374546ns10:Originalns5:LandBuildings2022-02-28SC374546ns10:Originalns5:LandBuildings2023-02-28SC374546ns10:Originalns5:LandBuildings2022-02-28SC374546ns10:Originalns10:OrdinaryShareClass12023-02-28

REGISTERED NUMBER: SC374546 (Scotland)
















Unaudited Financial Statements for the Year Ended 28 February 2023

for


BNG (Scotland) Ltd.


BNG (Scotland) Ltd. (Registered number: SC374546)







Contents of the Financial Statements

for the Year Ended 28 February 2023





Page



Company Information  

1



Balance Sheet  

2



Notes to the Financial Statements  

3




BNG (Scotland) Ltd.


Company Information

for the Year Ended 28 February 2023









DIRECTORS:

H Gogna


A Gogna







REGISTERED OFFICE:

261 Great Western Road


Glasgow


G4 9EG







REGISTERED NUMBER:

SC374546 (Scotland)







ACCOUNTANTS:

FNS Accounting


42 Nithsdale Road


Glasgow


G41 2AN


BNG (Scotland) Ltd. (Registered number: SC374546)


Balance Sheet

28 February 2023



28.2.23

28.2.22



Notes

£   

£   

£   

£   


FIXED ASSETS

Tangible assets

4

223,000


223,000




CURRENT ASSETS

Current Assets

28,738


20,148




CREDITORS

Amounts falling due within one year

5

187,730


186,413



NET CURRENT LIABILITIES

(158,992

)

(166,265

)


TOTAL ASSETS LESS CURRENT

LIABILITIES

64,008


56,735




CREDITORS

Amounts falling due after more than one

year

6

15,957


22,436



NET ASSETS

48,051


34,299




CAPITAL AND RESERVES

Called up share capital

7

100


100



Retained earnings

47,951


34,199



SHAREHOLDERS' FUNDS

48,051


34,299




The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.  


The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 Income Statement has not been delivered.


The financial statements were approved by the Board of Directors and authorised for issue on 17 November 2023 and were signed on its behalf by:




A Gogna - Director



BNG (Scotland) Ltd. (Registered number: SC374546)


Notes to the Financial Statements

for the Year Ended 28 February 2023


1.

STATUTORY INFORMATION



BNG (Scotland) Ltd. is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.


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

Income 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.  



Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.


Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3.

EMPLOYEES AND DIRECTORS



The average number of employees during the year was 1 (2022 - 1 ) .


4.

TANGIBLE FIXED ASSETS


Freehold


property

£   



COST


At 1 March 2022


and 28 February 2023

223,000




NET BOOK VALUE


At 28 February 2023

223,000




At 28 February 2022

223,000




BNG (Scotland) Ltd. (Registered number: SC374546)


Notes to the Financial Statements - continued

for the Year Ended 28 February 2023


5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR



28.2.23


28.2.22

£   

£   



Tax

3,226


2,977




VAT

333


467




Directors' loan accounts

183,871


182,969




Accrued expenses

300


-



187,730


186,413




6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE

YEAR



28.2.23


28.2.22

£   

£   



Bank Loan

15,957


22,436




7.

CALLED UP SHARE CAPITAL



Allotted, issued and fully paid:


Number:

Class:

Nominal

28.2.23


28.2.22


value:

£   

£   



100

Ordinary

1

100


100