IRIS Accounts Production v23.4.0.336 10799685 Board of Directors 1.4.22 30.3.23 30.3.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh107996852022-03-31107996852023-03-30107996852022-04-012023-03-30107996852021-03-31107996852021-04-012022-03-31107996852022-03-3110799685ns15:EnglandWales2022-04-012023-03-3010799685ns14:PoundSterling2022-04-012023-03-3010799685ns10:Director12022-04-012023-03-3010799685ns10:PrivateLimitedCompanyLtd2022-04-012023-03-3010799685ns10:SmallEntities2022-04-012023-03-3010799685ns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3010799685ns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3010799685ns10:SmallCompaniesRegimeForAccounts2022-04-012023-03-3010799685ns10:FullAccounts2022-04-012023-03-3010799685ns10:Director22022-04-012023-03-3010799685ns10:RegisteredOffice2022-04-012023-03-3010799685ns5:CurrentFinancialInstruments2023-03-3010799685ns5:CurrentFinancialInstruments2022-03-3110799685ns5:ShareCapital2023-03-3010799685ns5:ShareCapital2022-03-3110799685ns5:RetainedEarningsAccumulatedLosses2023-03-3010799685ns5:RetainedEarningsAccumulatedLosses2022-03-3110799685ns5:PlantMachinery2022-04-012023-03-3010799685ns5:FurnitureFittings2022-04-012023-03-3010799685ns5:PlantMachinery2022-03-3110799685ns5:FurnitureFittings2022-03-3110799685ns5:PlantMachinery2023-03-3010799685ns5:FurnitureFittings2023-03-3010799685ns5:PlantMachinery2022-03-3110799685ns5:FurnitureFittings2022-03-3110799685ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3010799685ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3110799685ns5:DeferredTaxation2022-03-3110799685ns5:DeferredTaxation2023-03-30
REGISTERED NUMBER: 10799685 (England and Wales)












Unaudited Financial Statements

for the Period 1 April 2022 to 30 March 2023

for

Business Performance Limited

Business Performance Limited (Registered number: 10799685)






Contents of the Financial Statements
for the period 1 April 2022 to 30 March 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Business Performance Limited

Company Information
for the period 1 April 2022 to 30 March 2023







DIRECTORS: H R M Hibbert
Mrs C L Hibbert





REGISTERED OFFICE: Unit 2 Wrenbury Business Park
Wrenbury Road
Wrenbury
Cheshire
CW5 8EB





REGISTERED NUMBER: 10799685 (England and Wales)

Business Performance Limited (Registered number: 10799685)

Statement of Financial Position
30 March 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 5 6,640 4,243

CURRENT ASSETS
Debtors 6 25,718 540
Cash at bank 46,994 93,029
72,712 93,569
CREDITORS
Amounts falling due within one year 7 (18,619 ) (34,815 )
NET CURRENT ASSETS 54,093 58,754
TOTAL ASSETS LESS CURRENT
LIABILITIES

60,733

62,997

PROVISIONS FOR LIABILITIES 8 (1,262 ) (806 )
NET ASSETS 59,471 62,191

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 59,468 62,188
59,471 62,191

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 March 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.

Business Performance Limited (Registered number: 10799685)

Statement of Financial Position - continued
30 March 2023


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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 March 2024 and were signed on its behalf by:





H R M Hibbert - Director


Business Performance Limited (Registered number: 10799685)

Notes to the Financial Statements
for the period 1 April 2022 to 30 March 2023

1. STATUTORY INFORMATION

Business Performance Limited ('The company') is primarily engaged in the provision of business support services.

The company is a private company limited by shares and is incorporated in England and Wales. The registered office address is Unit 2, Wrenbury Business Park, Wrenbury Road, Wrenbury, Cheshire, CW5 8EB. The company's registered number is 10799685

The functional and presentational currency of the financial statements is the Pound Sterling (£). Monetary amounts in these financial statements are rounded to the nearest £.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Summary of significant accounting policies
The principal accounting policies applied in the preparation of these financial statements are set out below;

Basis of preparation the financial statements
The financial statements are prepared on the going concern basis under the historical cost convention and comply with the United Kingdom Accounting Standards and Companies Act 2006.

Going concern
No material uncertainties that may cast significant doubt about the ability of the company to continue as a going concern have been identified by the directors.

The directors therefore consider it appropriate to prepare the financial statements on the going concern basis.

Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered (including recharged expenses), stated net of discounts and of Value Added Tax.

Income is recognised when the company obtains the right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer and office equipment - 33% on cost
Fixtures and fittings - 15% on reducing balance

Taxation
Taxation for the period 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 statement of financial position date.


Business Performance Limited (Registered number: 10799685)

Notes to the Financial Statements - continued
for the period 1 April 2022 to 30 March 2023

3. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2022 - 2 ) .

5. TANGIBLE FIXED ASSETS
Computer
and Fixtures
office and
equipment fittings Totals
£    £    £   
COST
At 1 April 2022 4,874 5,614 10,488
Additions 3,995 300 4,295
At 30 March 2023 8,869 5,914 14,783
DEPRECIATION
At 1 April 2022 4,465 1,780 6,245
Charge for period 1,315 583 1,898
At 30 March 2023 5,780 2,363 8,143
NET BOOK VALUE
At 30 March 2023 3,089 3,551 6,640
At 31 March 2022 409 3,834 4,243

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 25,000 -
Other debtors 718 540
25,718 540

Business Performance Limited (Registered number: 10799685)

Notes to the Financial Statements - continued
for the period 1 April 2022 to 30 March 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 114 114
Taxation and social security 762 24,245
Other creditors 17,743 10,456
18,619 34,815

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 1,262 806

Deferred
tax
£   
Balance at 1 April 2022 806
Charge for the year 456
Balance at 30 March 2023 1,262