Company registration number 08440911 (England and Wales)
BP & C LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2023
PAGES FOR FILING WITH REGISTRAR
BP & C LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
BP & C LIMITED
BALANCE SHEET
AS AT 30 JUNE 2023
30 June 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Investments
3
38,768
Current assets
Debtors
4
6,533
Creditors: amounts falling due within one year
5
(33,010)
Net current assets/(liabilities)
6,533
(33,010)
Total assets less current liabilities
6,533
5,758
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
6,433
5,658
Total equity
6,533
5,758
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial period ended 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 27 November 2023
Mr R J Critchett
Director
Company Registration No. 08440911
BP & C LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2023
- 2 -
1
Accounting policies
Company information
BP & C Limited is a private company limited by shares incorporated in England and Wales. The registered office is The Summit, Woodwater Park, Pynes Hill, Exeter, EX2 5WS.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Going concern
The company ceased to trade on 30 June 2023, therefore the director did not deem it appropriate to prepare the accounts on a going concern basis. The intention is for the company to be struck off from the Companies House register of companies.
1.3
Reporting period
These financial statements represent the period from 1 April 2022 to 30 June 2023 when the company ceased to trade and therefore represent a period longer than one year. Due to this, comparative amounts presented in the financial statements (including the related notes) are not entirely comparable.
1.4
Turnover
Turnover represents the company's share of profits from its investment in a partnership.
1.5
Fixed asset investments
The company's investment in a partnership is measured at cost.
2
Employees
The average monthly number of persons (including directors) employed by the company during the period was:
2023
2022
Number
Number
Total
1
1
3
Fixed asset investments
2023
2022
£
£
Other investments other than loans
38,768
BP & C LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE PERIOD ENDED 30 JUNE 2023
3
Fixed asset investments
(Continued)
- 3 -
Movements in fixed asset investments
Investments
£
Cost or valuation
At 1 April 2022
38,768
Disposals
(38,768)
At 30 June 2023
-
Carrying amount
At 30 June 2023
-
At 31 March 2022
38,768
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Other debtors
6,533
5
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
3,646
Taxation and social security
9,934
Other creditors
19,430
33,010
6
Directors' transactions
Advances or credits have been granted by the company to its directors as follows:
Description
% Rate
Opening balance
Amounts advanced
Amounts repaid
Closing balance
£
£
£
£
One director
2.05
(1,080)
16,713
(9,100)
6,533
(1,080)
16,713
(9,100)
6,533
The loan to the director was unsecured and repayable on demand.