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Company Registration No. 13286014 (England and Wales)
BID PROFESSIONALS LTD Unaudited accounts for the year ended 31 March 2024
BID PROFESSIONALS LTD Unaudited accounts Contents
Page
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BID PROFESSIONALS LTD Company Information for the year ended 31 March 2024
Directors
Christopher Gough Katie Gough
Company Number
13286014 (England and Wales)
Registered Office
5 Richmond Road Mangotsfield Bristol BS16 9EZ
Accountants
Ms Amy McCullough MAAT
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BID PROFESSIONALS LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
676 
2,059 
Current assets
Inventories
- 
656 
Debtors
7,999 
14,532 
Cash at bank and in hand
13,150 
8,093 
21,149 
23,281 
Creditors: amounts falling due within one year
(20,846)
(18,056)
Net current assets
303 
5,225 
Total assets less current liabilities
979 
7,284 
Provisions for liabilities
Other provisions
- 
18,700 
Net assets
979 
25,984 
Capital and reserves
Profit and loss account
979 
25,984 
Shareholders' funds
979 
25,984 
For the 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. 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 18 July 2024 and were signed on its behalf by
Katie Gough Director Company Registration No. 13286014
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BID PROFESSIONALS LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
BID PROFESSIONALS LTD is a private company, limited by shares, registered in England and Wales, registration number 13286014. The registered office is 5 Richmond Road, Mangotsfield, Bristol, BS16 9EZ.
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.
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:
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
200 
4,220 
4,420 
At 31 March 2024
200 
4,220 
4,420 
Depreciation
At 1 April 2023
80 
2,281 
2,361 
Charge for the year
40 
1,343 
1,383 
At 31 March 2024
120 
3,624 
3,744 
Net book value
At 31 March 2024
80 
596 
676 
At 31 March 2023
120 
1,939 
2,059 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
7,999 
13,971 
Accrued income and prepayments
- 
561 
7,999 
14,532 
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BID PROFESSIONALS LTD Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
- 
861 
Taxes and social security
5,185 
6,151 
Loans from directors
601 
5,872 
Accruals
- 
4,781 
Deferred income
15,060 
391 
20,846 
18,056 
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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