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REGISTERED NUMBER: 10769737 (England and Wales)












FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

BC DESIGNS (INT) LIMITED

BC DESIGNS (INT) LIMITED (REGISTERED NUMBER: 10769737)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BC DESIGNS (INT) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: A Wood
I G Jones
M Duggleby





REGISTERED OFFICE: Hamnett House
Gibbet Street
Halifax
West Yorkshire
HX2 0AX





REGISTERED NUMBER: 10769737 (England and Wales)





AUDITORS: Hodgson Hey Limited
Chartered Certified Accountants
& Statutory Auditor
Heritage Exchange, South Lane
Ellland
West Yorkshire
HX5 0HG

BC DESIGNS (INT) LIMITED (REGISTERED NUMBER: 10769737)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 6,953 8,692
6,953 8,692

CURRENT ASSETS
Stocks - 12,234
Debtors 6 992,441 1,204,013
Cash at bank and in hand 174,392 101,063
1,166,833 1,317,310
CREDITORS
Amounts falling due within one year 7 436,533 853,047
NET CURRENT ASSETS 730,300 464,263
TOTAL ASSETS LESS CURRENT
LIABILITIES

737,253

472,955

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 737,153 472,855
SHAREHOLDERS' FUNDS 737,253 472,955

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 June 2024 and were signed on its behalf by:





I G Jones - Director


BC DESIGNS (INT) LIMITED (REGISTERED NUMBER: 10769737)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Bc Designs (Int) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2022 - 17 ) .

BC DESIGNS (INT) LIMITED (REGISTERED NUMBER: 10769737)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 20,251
AMORTISATION
At 1 January 2023
and 31 December 2023 20,251
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023
and 31 December 2023 54,875
DEPRECIATION
At 1 January 2023 46,183
Charge for year 1,739
At 31 December 2023 47,922
NET BOOK VALUE
At 31 December 2023 6,953
At 31 December 2022 8,692

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 534,854 1,090,621
Amounts owed by group undertakings 97,446 -
Amounts owed by associates 352,122 -
Other debtors 8,019 113,392
992,441 1,204,013

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 31,790 326,052
Taxation and social security 312,143 304,619
Other creditors 92,600 222,376
436,533 853,047

BC DESIGNS (INT) LIMITED (REGISTERED NUMBER: 10769737)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

8. SECURED DEBTS

The following secured debts are included within creditors:

2023 2022
£    £   
HSBC Finance Creditor - 9,028

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

William Philip Hodgson FCCA (Senior Statutory Auditor)
for and on behalf of Hodgson Hey Limited

10. RELATED PARTY DISCLOSURES


During the year the company entered into the following transactions with related parties:

Year Ended 31 December 2023

Roxor Group Limited

During the course of the year loans were made of £397,446 by the company and a dividend of £300,000 was paid to Roxor Group Limited. The balance owed by Roxor Group Limited as at 31 December 2023 was £97,446.

Ultra Finishing Limited- Creditor Balance

During the course of the year the company received purchase invoices of £2,372,899 and received credit notes of £256,959. Purchase payments were made of £2,054,397. The balance owed by the company as at 31 December 2023 was £61,543

Ultra Finishing Limited- Debtor Balance

During the course of the year the company sent sales invoices of £44,103 and sales receipts were received of £nil. The balance owed to the company as at 31 December 2023 was £44,103.

Ultra Finishing Limited- Intercompany Loan Balance

During the course of the year the company made loans of £171,041 and received repayments of £91,901. The balance owed to the company as at 31 December 2023 was £79,140.

Niko (Int) Limited- Intercompany Loan Balance

During the course of the year the company made loans of £335,715 and received repayments of £82,733. The balance owed to the company as at 31 December 2023 was £272,982.

Longley Hall Developments Limited- Creditor Balance

During the course of the year the company received purchase invoices of £29,728 and purchase payments were made of £25,367. The balance owed by the company as at 31 December 2023 was £4,361.
.

Scot Ross Consultancy Limited- Creditor Balance

During the course of the year the company received purchase invoices of £9,000 and purchase payments were made of £9,000. The balance owed by the company as at 31 December 2023 was £nil

BC DESIGNS (INT) LIMITED (REGISTERED NUMBER: 10769737)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party of the company is Roxor Group Limited who owns 100% of the issued share capital.

12. LIMITATION OF AUDITORS LIABILITY

The company has entered into a limited liability agreement with the company's auditors which was approved on 4 January 2022. The agreement limits the amount owed to the company by the auditors in respect of any negligence or breach of duty occurring in the course of the audit of the financial statements for the period ended 31 December 2023.