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REGISTERED NUMBER: 12296867 (England and Wales)














Unaudited Financial Statements

for the Period 1 December 2021 to 31 December 2022

for

BF Management Limited

BF Management Limited (Registered number: 12296867)






Contents of the Financial Statements
for the Period 1 December 2021 to 31 December 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BF Management Limited

Company Information
for the Period 1 December 2021 to 31 December 2022







DIRECTOR: B Francis





REGISTERED OFFICE: FFT
Reedham House
31 King Street West
Manchester
Greater Manchester
M3 2PJ





BUSINESS ADDRESS: The Exchange
2 Malt Street
Knutsford
Cheshire
WA16 6ES





REGISTERED NUMBER: 12296867 (England and Wales)





ACCOUNTANTS: Freedman Frankl & Taylor
Chartered Accountants
Reedham House
31 King Street West
Manchester
M3 2PJ

BF Management Limited (Registered number: 12296867)

Balance Sheet
31 December 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,898 1,068

CURRENT ASSETS
Debtors 5 109,550 45,924
Cash at bank 57,410 116,719
166,960 162,643
CREDITORS
Amounts falling due within one year 6 426,897 111,047
NET CURRENT (LIABILITIES)/ASSETS (259,937 ) 51,596
TOTAL ASSETS LESS CURRENT
LIABILITIES

(257,039

)

52,664

CREDITORS
Amounts falling due after more than one
year

7

30,833

40,678
NET (LIABILITIES)/ASSETS (287,872 ) 11,986

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (287,972 ) 11,886
(287,872 ) 11,986

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

BF Management Limited (Registered number: 12296867)

Balance Sheet - continued
31 December 2022


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 director and authorised for issue on 28 November 2023 and were signed by:





B Francis - Director


BF Management Limited (Registered number: 12296867)

Notes to the Financial Statements
for the Period 1 December 2021 to 31 December 2022

1. STATUTORY INFORMATION

BF Management 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.

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.
Computer equipment - 25% on reducing balance

Tangible fixed assets are initially recorded at cost less accumulated depreciation and accumulated impairment losses.

Taxation
Taxation for the period 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.

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 period 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern
The company's financial statements for the period ended 31 December 2022 have been prepared on a going concern basis as, after making appropriate enquiries, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2021 - 1 ) .

BF Management Limited (Registered number: 12296867)

Notes to the Financial Statements - continued
for the Period 1 December 2021 to 31 December 2022

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 December 2021 1,314
Additions 2,348
At 31 December 2022 3,662
DEPRECIATION
At 1 December 2021 246
Charge for period 518
At 31 December 2022 764
NET BOOK VALUE
At 31 December 2022 2,898
At 30 November 2021 1,068

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Other debtors 109,550 45,924

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 10,000 9,322
Trade creditors 160,908 94,347
Taxation and social security 20,814 3,595
Other creditors 235,175 3,783
426,897 111,047

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
£    £   
Bank loans 30,833 40,678

8. RELATED PARTY DISCLOSURES

Entities over which the entity has control, joint control or significant influence:

2022 2021
£ £
Amounts due from related party 96,382 30,909

There are no fixed repayment terms and no interest is chargeable by the company in respect of this balance.