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Company Registration No. 7446657 (England and Wales)
BFS ACCOUNTANTS LTD Unaudited accounts for the year ended 30 November 2022
BFS ACCOUNTANTS LTD Unaudited accounts Contents
Page
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BFS ACCOUNTANTS LTD Company Information for the year ended 30 November 2022
Director
Craig Benford
Company Number
7446657 (England and Wales)
Registered Office
The Willows Southwell Road West Mansfield Nottinghamshire NG21 0HJ
Accountants
BFS Accountants Ltd The Willows Southwell Road West Mansfield Nottinghamshire NG21 0HJ
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BFS ACCOUNTANTS LTD Statement of financial position as at 30 November 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
305,564 
222,133 
Current assets
Debtors
111,925 
116,937 
Cash at bank and in hand
(27,457)
2,491 
84,468 
119,428 
Creditors: amounts falling due within one year
(274,273)
(155,200)
Net current liabilities
(189,805)
(35,772)
Total assets less current liabilities
115,759 
186,361 
Creditors: amounts falling due after more than one year
(107,290)
(186,546)
Net assets/(liabilities)
8,469 
(185)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
8,369 
(285)
Shareholders' funds
8,469 
(185)
For the year ending 30 November 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 November 2023 and were signed on its behalf by
Craig Benford Director Company Registration No. 7446657
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BFS ACCOUNTANTS LTD Notes to the Accounts for the year ended 30 November 2022
1
Statutory information
BFS ACCOUNTANTS LTD is a private company, limited by shares, registered in England and Wales, registration number 7446657. The registered office is The Willows, Southwell Road West, Mansfield, Nottinghamshire, NG21 0HJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2021
22,324 
235,283 
257,607 
Additions
8,424 
75,007 
83,431 
At 30 November 2022
30,748 
310,290 
341,038 
Depreciation
At 1 December 2021
11,126 
24,348 
35,474 
At 30 November 2022
11,126 
24,348 
35,474 
Net book value
At 30 November 2022
19,622 
285,942 
305,564 
At 30 November 2021
11,198 
210,935 
222,133 
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
Trade debtors
36,200 
35,598 
Other debtors
75,725 
81,339 
111,925 
116,937 
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BFS ACCOUNTANTS LTD Notes to the Accounts for the year ended 30 November 2022
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
12,560 
27,792 
VAT
55,894 
31,647 
Obligations under finance leases and hire purchase contracts
59,221 
12,008 
Taxes and social security
83,635 
45,829 
Other creditors
- 
29,862 
Loans from directors
62,963 
62 
Accruals
- 
8,000 
274,273 
155,200 
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
(84,306)
3,333 
Obligations under finance leases and hire purchase contracts
191,596 
183,213 
107,290 
186,546 
8
Share capital
2022 
2021 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 12 (2021: 12).
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