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Unaudited Financial Statements

for the Period 1 July 2023 to 31 December 2023

for

Bibbegan Demolition and Strip Out
Limited

Bibbegan Demolition and Strip Out
Limited (Registered number: 14477749)

Contents of the Financial Statements
for the Period 1 July 2023 to 31 December 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Bibbegan Demolition and Strip Out
Limited

Company Information
for the Period 1 July 2023 to 31 December 2023







DIRECTORS: D K Hinds
J Egan
J Bibbey





SECRETARY: Ms B Waller





REGISTERED OFFICE: 8-10 South Street
Epsom
Surrey
KT18 7PF





REGISTERED NUMBER: 14477749 (England and Wales)





ACCOUNTANTS: Williams & Co Epsom LLP
Chartered Accountants
8-10 South Street
Epsom
Surrey
KT18 7PF

Bibbegan Demolition and Strip Out
Limited (Registered number: 14477749)

Balance Sheet
31 December 2023

2023 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 225,413 484,699
Cash at bank 803,141 426,356
1,028,554 911,055
CREDITORS
Amounts falling due within one year 5 916,761 818,980
NET CURRENT ASSETS 111,793 92,075
TOTAL ASSETS LESS CURRENT
LIABILITIES

111,793

92,075

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 111,693 91,975
SHAREHOLDERS' FUNDS 111,793 92,075

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 February 2024 and were signed on its behalf by:





J Egan - Director


Bibbegan Demolition and Strip Out
Limited (Registered number: 14477749)

Notes to the Financial Statements
for the Period 1 July 2023 to 31 December 2023


1. STATUTORY INFORMATION

Bibbegan Demolition and Strip Out 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.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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 period was 4 (2023 - 2 ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2023
£    £   
Trade debtors 70,710 484,599
Other debtors 100 100
Accrued income 154,603 -
225,413 484,699

Bibbegan Demolition and Strip Out
Limited (Registered number: 14477749)

Notes to the Financial Statements - continued
for the Period 1 July 2023 to 31 December 2023


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2023
£    £   
Trade creditors 272,190 186,303
Cost accruals 398,226 512,800
Tax 32,554 27,132
Social security and other taxes 48,046 17,953
VAT 142,779 59,659
Other creditors 231 231
Accrued expenses 22,735 14,902
916,761 818,980

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2023
value: £    £   
100 Ordinary £1 100 100

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is BibbEgan Group Ltd.