BNKZ Network Limited Filleted Accounts Cover
BNKZ Network Limited
Company No. 13003173
Information for Filing with The Registrar
31 December 2023
BNKZ Network Limited Directors Report Registrar
The Director presents his report and the accounts for the year ended 31 December 2023.
Principal activities
The principal activity of the company during the year under review was management consultancy.
Director
The Director who served at any time during the year was as follows:
A. Fadlun
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
A. Fadlun
Director
29 July 2024
BNKZ Network Limited Balance Sheet Registrar
at
31 December 2023
Company No.
13003173
Notes
2023
2022
£
£
Current assets
Debtors
4
102102
Cash at bank and in hand
396,46562,822
396,56762,924
Creditors: Amount falling due within one year
5
(178,903)
(59,582)
Net current assets
217,6643,342
Total assets less current liabilities
217,6643,342
Net assets
217,6643,342
Capital and reserves
Called up share capital
102102
Profit and loss account
6
217,5623,240
Total equity
217,6643,342
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 29 July 2024
And signed on its behalf by:
A. Fadlun
Director
29 July 2024
BNKZ Network Limited Notes to the Accounts Registrar
for the year ended 31 December 2023
1
General information
Its registered number is: 13003173
Its registered office is:
201 Haverstock Hill
London
NW3 4QG
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland (March 2018) and the Companies Act 2006.
2
Accounting policies
Turnover
Revenue for provision of services is recognised when it is probable that an economic benefit will flow to
the entity and the revenue and costs can be reliably measured. For continuing services, revenue is
recognised when the stage of completion can be reliably measured using a percentage of completion
method.
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors including expectations of future events that are believed to be reasonable under the circumstances.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Foreign currencies
The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.
Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.
3
Employees
2023
2022
Number
Number
The average monthly number of employees (including directors) during the year was:
53
4
Debtors
2023
2022
£
£
Other debtors
102102
102102
5
Creditors:
amounts falling due within one year
2023
2022
£
£
Taxes and social security
147,037
33,677
Loans from directors
4,8384,838
Other creditors
23,52817,567
Accruals and deferred income
3,5003,500
178,90359,582
6
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
7
Dividends
2023
2022
£
£
Dividends for the period:
Dividends paid in the period
277,147
122,281
277,147
122,281
Dividends by type:
Equity dividends
277,147122,281
277,147
122,281
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