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REGISTERED NUMBER: 01245771 (England and Wales)












Audited Financial Statements

for the Year Ended 31 December 2023

for

BSA Publications Limited

BSA Publications Limited (Registered number: 01245771)






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


BSA Publications Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Dr J A K Arday
Dr E Cotton
Ms J F Mudd
Professor K Murji
Professor C J Pope
Dr J Remnant
Dr M Sholevar
Dr C D Yuill


SECRETARY: Ms K Minnis


REGISTERED OFFICE: Chancery Court
Belmont Business Park
Durham
DH1 1TW


REGISTERED NUMBER: 01245771 (England and Wales)


AUDITORS: Haines Watts, Statutory Auditor
17 Queens Lane
Newcastle upon Tyne
Tyne and Wear
NE1 1RN


SOLICITORS: Ward Hadaway
Sandgate House
102 Quayside
Newcastle Upon Tyne
NE1 3DX

BSA Publications Limited (Registered number: 01245771)

Balance Sheet
31 December 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 6 368,370 492,965
Cash at bank 7,529 6,052
375,899 499,017
CREDITORS
Amounts falling due within one year 7 19,317 48,233
NET CURRENT ASSETS 356,582 450,784
TOTAL ASSETS LESS CURRENT
LIABILITIES

356,582

450,784

RESERVES
Profit and loss account 356,582 450,784
356,582 450,784

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 July 2024 and were signed on its behalf by:





Ms J F Mudd - Director


BSA Publications Limited (Registered number: 01245771)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

BSA Publications Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


Monetary amounts in these financial statements are rounded to the nearest £.

2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

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

Judgements and key sources of estimation uncertainty
In the application of the company’s accounting policies, the directors are required to make judgements,
estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent
from other sources. The estimates and associated assumptions are based on historical experience and other
factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting
estimates are recognised in the period in which the estimate is revised where the revision affects only that
period, or in the period of the revision and future periods where the revision affects both current and future
periods.

Turnover
Turnover represents amounts receivable for goods and services net of VAT.

Revenue is recognised when entitlement to royalties of publications are due.

Tangible fixed assets
Tangible fixed assets are initially measured at cost less depreciation. Depreciation is provided at rates
calculated to write off the cost less estimated residual value of each asset over its expected useful life, as
follows:

Plant and machinery 20% - 33% straight line

Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with
banks, other short-term liquid investments with original maturities of three months or less, and bank
overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

BSA Publications Limited (Registered number: 01245771)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

3. ACCOUNTING POLICIES - continued

Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12
‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to
the contractual provisions of the instrument.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at
transaction price including transaction costs and are subsequently carried at amortised cost using the
effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference
shares that are classified as debt, are initially recognised at transaction price unless the arrangement
constitutes a financing transaction, where the debt instrument is measured at the present value of the future
payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are
not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of
business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year
or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at
transaction price and subsequently measured at amortised cost using the effective interest method.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023
and 31 December 2023 7,893
DEPRECIATION
At 1 January 2023
and 31 December 2023 7,893
NET BOOK VALUE
At 31 December 2023 -

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 1,941 -
Amounts owed by group undertakings 140,254 91,344
Other debtors 226,175 401,621
368,370 492,965

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,407 2,011
Other creditors 17,910 46,222
19,317 48,233

BSA Publications Limited (Registered number: 01245771)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

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

The Report of the Auditors was unqualified.

Stephen Easton FCA (Senior Statutory Auditor)
for and on behalf of Haines Watts, Statutory Auditor