1 December 2022 false No description of principal activity Taxfiler 2024.5 09883101business:PrivateLimitedCompanyLtd2022-12-012023-11-30 098831012022-11-30 098831012022-12-012023-11-30 09883101business:AuditExemptWithAccountantsReport2022-12-012023-11-30 09883101business:FilletedAccounts2022-12-012023-11-30 098831012023-11-30 098831012022-11-30 09883101core:WithinOneYear2023-11-30 09883101core:WithinOneYear2022-11-30 09883101core:AfterOneYear2023-11-30 09883101core:AfterOneYear2022-11-30 09883101core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 09883101core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 09883101core:RevaluationReservecore:PreviouslyStatedAmount2023-11-30 09883101core:RevaluationReservecore:PreviouslyStatedAmount2022-11-30 09883101core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 09883101core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 09883101core:PreviouslyStatedAmount2023-11-30 09883101core:PreviouslyStatedAmount2022-11-30 09883101business:SmallEntities2022-12-012023-11-30 09883101business:Director32022-12-012023-11-30 09883101countries:EnglandWales2022-12-012023-11-30 09883101business:RegisteredOffice2022-12-012023-11-30 09883101core:PlantMachinery2022-12-012023-11-30 09883101core:MotorVehicles2022-12-012023-11-30 09883101core:PlantMachinery2022-11-30 09883101core:MotorVehicles2022-11-30 09883101core:FurnitureFittings2022-11-30 09883101core:FurnitureFittings2022-12-012023-11-30 09883101core:PlantMachinery2023-11-30 09883101core:MotorVehicles2023-11-30 09883101core:FurnitureFittings2023-11-30 09883101core:PlantMachinery2022-11-30 09883101core:WithinOneYear2022-12-012023-11-30 09883101core:AfterOneYear2022-12-012023-11-30 098831012021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. 09883101 (England and Wales)
BBE International Limited Unaudited accounts for the year ended 30 November 2023
BBE International Limited Unaudited accounts Contents
Page
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BBE International Limited Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
847,253 
918,105 
Current assets
Inventories
65,000 
77,000 
Debtors
575,916 
426,563 
Cash at bank and in hand
420 
46,365 
641,336 
549,928 
Creditors: amounts falling due within one year
(771,075)
(906,081)
Net current liabilities
(129,739)
(356,153)
Total assets less current liabilities
717,514 
561,952 
Creditors: amounts falling due after more than one year
(471,150)
(194,803)
Provisions for liabilities
Deferred tax
- 
(12,100)
Net assets
246,364 
355,049 
Capital and reserves
Called up share capital
100 
100 
Revaluation reserve
- 
63,678 
Profit and loss account
246,264 
291,271 
Shareholders' funds
246,364 
355,049 
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 28 July 2024 and were signed on its behalf by
P F Dixon Director Company Registration No. 09883101
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BBE International Limited Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
BBE International Limited is a private company, limited by shares, registered in England and Wales, registration number 09883101. The registered office is Special Works, 39 Stanley Street, Sheffield, South Yorkshire, S3 8HH.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
5% - 10% on reducing balance
Motor vehicles
25% on reducing balance
Stocks
Stocks have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing / completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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BBE International Limited Notes to the Accounts for the year ended 30 November 2023
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 December 2022
1,080,229 
15,815 
16,962 
1,113,006 
Additions
253,612 
- 
768 
254,380 
Disposals
(440,566)
- 
- 
(440,566)
At 30 November 2023
893,275 
15,815 
17,730 
926,820 
Depreciation
At 1 December 2022
183,173 
9,143 
2,585 
194,901 
Charge for the year
43,261 
1,668 
1,478 
46,407 
On disposals
(161,741)
- 
- 
(161,741)
At 30 November 2023
64,693 
10,811 
4,063 
79,567 
Net book value
At 30 November 2023
828,582 
5,004 
13,667 
847,253 
At 30 November 2022
897,056 
6,672 
14,377 
918,105 
2023 
2022 
£ 
£ 
Carrying amount of plant & machinery on cost basis
842,249 
847,755 
Plant and machinery assets were revalued in November 2019 to reflect their fair market value in accordance with a number of independent valuations which confirmed that the market for such assets had become more buoyant since their acquisition in 2015.
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
299,221 
267,650 
Amounts due from group undertakings etc.
263,000 
150,500 
Accrued income and prepayments
13,695 
8,413 
575,916 
426,563 
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BBE International Limited Notes to the Accounts for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
58,276 
76,208 
Obligations under finance leases and hire purchase contracts
150,157 
50,441 
Trade creditors
287,055 
113,207 
Taxes and social security
265,087 
206,181 
Other creditors
- 
3,467 
Accruals
10,500 
456,577 
771,075 
906,081 
Bank loans and overdrafts are secured on the assets of the company. Net obligations under finance leases and hire purchase contracts are secured on the assets acquired.
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
99,758 
137,030 
Obligations under finance leases and hire purchase contracts
371,392 
57,773 
471,150 
194,803 
Bank loans and overdrafts are secured on the assets of the company. Net obligations under finance leases and hire purchase contracts are secured on the assets acquired.
8
Transactions with related parties
Included within debtors due within one year is £263,000 (2022 : £150,500) due from Beccanor Limited, the parent company. This balance is unsecured, interest free and repayable on demand.
9
Average number of employees
During the year the average number of employees was 19 (2022: 19).
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