Silverfin false false 31/03/2024 01/04/2023 31/03/2024 John Moult 21/06/2018 08 August 2024 no description of principal activity 11426117 2024-03-31 11426117 bus:Director1 2024-03-31 11426117 2023-03-31 11426117 core:CurrentFinancialInstruments 2024-03-31 11426117 core:CurrentFinancialInstruments 2023-03-31 11426117 core:ShareCapital 2024-03-31 11426117 core:ShareCapital 2023-03-31 11426117 core:RetainedEarningsAccumulatedLosses 2024-03-31 11426117 core:RetainedEarningsAccumulatedLosses 2023-03-31 11426117 core:ComputerEquipment 2023-03-31 11426117 core:ComputerEquipment 2024-03-31 11426117 2023-04-01 2024-03-31 11426117 bus:FilletedAccounts 2023-04-01 2024-03-31 11426117 bus:SmallEntities 2023-04-01 2024-03-31 11426117 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 11426117 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11426117 bus:Director1 2023-04-01 2024-03-31 11426117 2022-04-01 2023-03-31 11426117 core:ComputerEquipment 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Company No: 11426117 (England and Wales)

BJM IG PRIVACY LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2024
Pages for filing with the registrar

BJM IG PRIVACY LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2024

Contents

BJM IG PRIVACY LIMITED

STATEMENT OF FINANCIAL POSITION

As at 31 March 2024
BJM IG PRIVACY LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

As at 31 March 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 1,672 783
1,672 783
Current assets
Debtors 4 10,840 18,195
Cash at bank and in hand 163,914 115,289
174,754 133,484
Creditors: amounts falling due within one year 5 ( 27,660) ( 21,893)
Net current assets 147,094 111,591
Total assets less current liabilities 148,766 112,374
Net assets 148,766 112,374
Capital and reserves
Called-up share capital 100 100
Profit and loss account 148,666 112,274
Total shareholder's funds 148,766 112,374

For the financial year ending 31 March 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of BJM IG Privacy Limited (registered number: 11426117) were approved and authorised for issue by the Director. They were signed on its behalf by:

John Moult
Director

08 August 2024

BJM IG PRIVACY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2024
BJM IG PRIVACY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

BJM IG Privacy Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 1 Claydon Business Park, Great Blakenham, Ipswich, IP6 0NL, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Computer equipment

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Income Statement as described below.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 2

3. Tangible assets

Computer equipment Total
£ £
Cost
At 01 April 2023 2,017 2,017
Additions 1,491 1,491
Disposals ( 1,191) ( 1,191)
At 31 March 2024 2,317 2,317
Accumulated depreciation
At 01 April 2023 1,234 1,234
Charge for the financial year 320 320
Disposals ( 909) ( 909)
At 31 March 2024 645 645
Net book value
At 31 March 2024 1,672 1,672
At 31 March 2023 783 783

4. Debtors

2024 2023
£ £
Trade debtors 9,917 3,600
Amounts owed by director 626 14,595
Prepayments 297 0
10,840 18,195

5. Creditors: amounts falling due within one year

2024 2023
£ £
Accruals 1,430 1,650
Taxation and social security 26,230 20,243
27,660 21,893

6. Related party transactions

Transactions with the entity's director

2024 2023
£ £
At the year end the Director owed the company 626 14,595