Company Registration No. 12522710 (England and Wales)
Bggb Motors ltd
Filleted accounts
for the year ended 29 February 2024
Bggb Motors ltd
Filleted accounts
Contents
Bggb Motors ltd
Company Information
for the year ended 29 February 2024
Company Number
12522710 (England and Wales)
Registered Office
8 LINCOLN COURT
NEWARK
NOTTINGHAMSHIRE
NG24 2JR
UNITED KINGDOM
Bggb Motors ltd
Statement of financial position
as at 29 February 2024
Tangible assets
2,322
5,100
Cash at bank and in hand
7,846
4,598
Creditors: amounts falling due within one year
(11,271)
(24,376)
Net current assets/(liabilities)
5,620
(9,097)
Net assets/(liabilities)
7,942
(3,997)
Called up share capital
100
100
Profit and loss account
7,842
(4,097)
Shareholders' funds
7,942
(3,997)
For the year ending 29 February 2024 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 17 April 2024 and were signed on its behalf by
Tomas Baguzas
Director
Company Registration No. 12522710
Bggb Motors ltd
Notes to the Accounts
for the year ended 29 February 2024
Bggb Motors ltd is a private company, limited by shares, registered in England and Wales, registration number 12522710. The registered office is 8 LINCOLN COURT, NEWARK, NOTTINGHAMSHIRE, NG24 2JR, UNITED KINGDOM.
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:
Motor vehicles
Straight line 20%
4
Tangible fixed assets
Motor vehicles
Amounts falling due within one year
Bggb Motors ltd
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,312
-
Other creditors
7,674
21,405
Loans from directors
319
-
7
Average number of employees
During the year the average number of employees was 4 (2023: 3).