Company Registration No. 12545451 (England and Wales)
BX Technologies Limited
Unaudited accounts
for the year ended 31 December 2023
BX Technologies Limited
Unaudited accounts
Contents
BX Technologies Limited
Company Information
for the year ended 31 December 2023
Directors
Benjamin Nigel Harrison Bardsley
Matthew Francis Anthony Isaacs
Company Number
12545451 (England and Wales)
Registered Office
BX Technologies Limited
128 City Road
London
London
EC1V 2NX
England
Accountants
Surrey Hills Accountancy Limited
The Old Workshop
Longfrey Cottage
Dorking Road
Chilworth
GU4 8RH
BX Technologies Limited
Statement of financial position
as at 31 December 2023
Tangible assets
6,217
12,831
Cash at bank and in hand
211,373
644,566
Creditors: amounts falling due within one year
(429,162)
(3,380)
Net current (liabilities)/assets
(182,527)
683,965
Total assets less current liabilities
(176,310)
696,796
Creditors: amounts falling due after more than one year
(551,541)
(200,000)
Net (liabilities)/assets
(727,851)
496,796
Called up share capital
701
683
Share premium
3,972,612
3,756,893
Profit and loss account
(4,701,164)
(3,260,780)
Shareholders' funds
(727,851)
496,796
For the year ending 31 December 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 13 March 2024 and were signed on its behalf by
Benjamin Nigel Harrison Bardsley
Director
Company Registration No. 12545451
BX Technologies Limited
Notes to the Accounts
for the year ended 31 December 2023
BX Technologies Limited is a private company, limited by shares, registered in England and Wales, registration number 12545451. The registered office is BX Technologies Limited, 128 City Road, London, London, EC1V 2NX, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Straight Line Method - Useful Economic Life - 3 years
4
Tangible fixed assets
Plant & machinery
At 31 December 2023
30,816
Charge for the year
11,211
At 31 December 2023
24,599
At 31 December 2022
12,831
BX Technologies Limited
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Accrued income and prepayments
588
9,017
Other debtors
18,000
18,000
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
34,164
1,883
Taxes and social security
180,010
(2,108)
Other creditors
206,523
3,203
7
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
551,541
200,000
8
Average number of employees
During the year the average number of employees was 12 (2022: 9).