B & G CONTRACTS LIMITED

Company Registration Number:
SC254571 (Scotland)

Unaudited abridged accounts for the year ended 30 March 2023

Period of accounts

Start date: 01 April 2022

End date: 30 March 2023

B & G CONTRACTS LIMITED

Contents of the Financial Statements

for the Period Ended 30 March 2023

Balance sheet
Notes

B & G CONTRACTS LIMITED

Balance sheet

As at 30 March 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 565,793 407,378
Tangible assets: 4 124,601 145,362
Total fixed assets: 690,394 552,740
Current assets
Debtors:   385,823 368,441
Cash at bank and in hand: 479,464 686,235
Total current assets: 865,287 1,054,676
Creditors: amounts falling due within one year:   (341,765) (394,750)
Net current assets (liabilities): 523,522 659,926
Total assets less current liabilities: 1,213,916 1,212,666
Creditors: amounts falling due after more than one year:   (222,386) (273,188)
Total net assets (liabilities): 991,530 939,478
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 991,430 939,378
Shareholders funds: 991,530 939,478

The notes form part of these financial statements

B & G CONTRACTS LIMITED

Balance sheet statements

For the year ending 30 March 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 01 March 2024
and signed on behalf of the board by:

Name: R Gilmour
Status: Director

The notes form part of these financial statements

B & G CONTRACTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

B & G CONTRACTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2023

2. Employees

2023 2022
Average number of employees during the period 17 17

B & G CONTRACTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2023

3. Intangible Assets

Total
Cost £
At 01 April 2022 661,701
Additions 201,500
At 30 March 2023 863,201
Amortisation
At 01 April 2022 254,323
Charge for year 43,085
At 30 March 2023 297,408
Net book value
At 30 March 2023 565,793
At 31 March 2022 407,378

B & G CONTRACTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2023

4. Tangible Assets

Total
Cost £
At 01 April 2022 400,008
Additions 42,621
Disposals (28,162)
At 30 March 2023 414,467
Depreciation
At 01 April 2022 254,646
Charge for year 48,384
On disposals (13,164)
At 30 March 2023 289,866
Net book value
At 30 March 2023 124,601
At 31 March 2022 145,362