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REGISTERED NUMBER: 09385056 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

BUILDING SUPPLY CHAINS LTD

BUILDING SUPPLY CHAINS LTD (REGISTERED NUMBER: 09385056)

CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BUILDING SUPPLY CHAINS LTD

COMPANY INFORMATION
For The Year Ended 31 March 2024







DIRECTORS: Mr P H Culley
Mrs P E Culley





REGISTERED OFFICE: Foxmere Barn
Foscote
Buckingham
Buckinghamshire
MK18 5EY





REGISTERED NUMBER: 09385056 (England and Wales)





ACCOUNTANTS: TC Group
Baird House
Seebeck Place
Knowlhill
Milton Keynes
Buckinghamshire
MK5 8FR

BUILDING SUPPLY CHAINS LTD (REGISTERED NUMBER: 09385056)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,719 6,955

CURRENT ASSETS
Debtors 5 58,800 67,296
Cash at bank 53,012 28,483
111,812 95,779
CREDITORS
Amounts falling due within one year 6 47,698 28,821
NET CURRENT ASSETS 64,114 66,958
TOTAL ASSETS LESS CURRENT LIABILITIES 70,833 73,913

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 70,733 73,813
SHAREHOLDERS' FUNDS 70,833 73,913

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 August 2024 and were signed on its behalf by:




Mr P H Culley - Director


BUILDING SUPPLY CHAINS LTD (REGISTERED NUMBER: 09385056)

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2024


1. STATUTORY INFORMATION

Building Supply Chains Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

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 2 (2023 - 3 ) .

BUILDING SUPPLY CHAINS LTD (REGISTERED NUMBER: 09385056)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2024


4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2023 4,442 10,942 15,384
Additions 285 1,496 1,781
At 31 March 2024 4,727 12,438 17,165
DEPRECIATION
At 1 April 2023 2,380 6,049 8,429
Charge for year 565 1,452 2,017
At 31 March 2024 2,945 7,501 10,446
NET BOOK VALUE
At 31 March 2024 1,782 4,937 6,719
At 31 March 2023 2,062 4,893 6,955

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 58,800 58,800
Other debtors - 8,496
58,800 67,296

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 165 420
Taxation and social security 34,754 26,586
Other creditors 12,779 1,815
47,698 28,821

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary 1 100 100

BUILDING SUPPLY CHAINS LTD (REGISTERED NUMBER: 09385056)

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 March 2024


8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
Mr P H Culley
Balance outstanding at start of year 8,496 (11,813 )
Amounts advanced 11,525 29,668
Amounts repaid (30,855 ) (9,359 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (10,834 ) 8,496

During the year the director operated a current account, the director's current account is interest free, unsecured and repayable on demand. There have been various transactions with the director during the year in the form of a director's current account. Information disclosed is therefore given in an aggregated form.

9. ULTIMATE CONTROLLING PARTY

The company is under the control of Mr Culley who, with his spouse holds 100% of the issued ordinary share capital.