Acorah Software Products - Accounts Production 15.0.600 false true 28 February 2023 1 March 2022 false 1 March 2023 28 February 2024 28 February 2024 11825738 Mr Brian Webb iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11825738 2023-02-28 11825738 2024-02-28 11825738 2023-03-01 2024-02-28 11825738 frs-core:CurrentFinancialInstruments 2024-02-28 11825738 frs-core:Non-currentFinancialInstruments 2024-02-28 11825738 frs-core:PlantMachinery 2024-02-28 11825738 frs-core:PlantMachinery 2023-03-01 2024-02-28 11825738 frs-core:PlantMachinery 2023-02-28 11825738 frs-core:ShareCapital 2024-02-28 11825738 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 11825738 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 11825738 frs-bus:FilletedAccounts 2023-03-01 2024-02-28 11825738 frs-bus:SmallEntities 2023-03-01 2024-02-28 11825738 frs-bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-28 11825738 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 11825738 frs-bus:Director1 2023-03-01 2024-02-28 11825738 frs-countries:EnglandWales 2023-03-01 2024-02-28 11825738 2022-02-28 11825738 2023-02-28 11825738 2022-03-01 2023-02-28 11825738 frs-core:CurrentFinancialInstruments 2023-02-28 11825738 frs-core:Non-currentFinancialInstruments 2023-02-28 11825738 frs-core:ShareCapital 2023-02-28 11825738 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 11825738
BWBS Rental & Contracts Limited
Unaudited Financial Statements
For The Year Ended 28 February 2024
APH Accountancy Services Ltd
Chartered Certified Accountants
Office 2 The Reach
687-693 London Road
Westcliff-On-Sea
Essex
SS0 9PA
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Accountant's Report
Report to the director on the preparation of the unaudited statutory accounts of BWBS Rental & Contracts Limited For The Year Ended 28 February 2024
To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of BWBS Rental & Contracts Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.
As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.
This report is made to the director of BWBS Rental & Contracts Limited , as a body, in accordance with the terms of our engagement letter dated 12 April 2020. Our work has been undertaken solely to prepare for your approval the accounts of BWBS Rental & Contracts Limited and state those matters that we have agreed to state to the director of BWBS Rental & Contracts Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than BWBS Rental & Contracts Limited and its director as a body for our work or for this report.
It is your duty to ensure that BWBS Rental & Contracts Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of BWBS Rental & Contracts Limited . You consider that BWBS Rental & Contracts Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of BWBS Rental & Contracts Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.
Signed
12 September 2024
APH Accountancy Services Ltd
Chartered Certified Accountants
Office 2 The Reach
687-693 London Road
Westcliff-On-Sea
Essex
SS0 9PA
Page 1
Page 2
Balance Sheet
Registered number: 11825738
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 21,300 80,000
21,300 80,000
CURRENT ASSETS
Debtors 5 19,823 58,922
Cash at bank and in hand 204,068 189,166
223,891 248,088
Creditors: Amounts Falling Due Within One Year 6 (125,091 ) (227,725 )
NET CURRENT ASSETS (LIABILITIES) 98,800 20,363
TOTAL ASSETS LESS CURRENT LIABILITIES 120,100 100,363
Creditors: Amounts Falling Due After More Than One Year 7 (14,754 ) (21,565 )
PROVISIONS FOR LIABILITIES
Deferred Taxation 8 (4,047 ) (15,200 )
NET ASSETS 101,299 63,598
CAPITAL AND RESERVES
Called up share capital 9 100 100
Profit and Loss Account 101,199 63,498
SHAREHOLDERS' FUNDS 101,299 63,598
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For the year ending 28 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Brian Webb
Director
12 September 2024
The notes on pages 4 to 6 form part of these financial statements.
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Page 4
Notes to the Financial Statements
1. General Information
BWBS Rental & Contracts Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11825738 . The registered office is Office 2 The Reach, 687-693 London Road, Westcliff-On-Sea, Essex, SS0 9PA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 30% reducing balance
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
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3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
1 1
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 March 2023 161,500
Disposals (84,500 )
As at 28 February 2024 77,000
Depreciation
As at 1 March 2023 81,500
Provided during the period 18,900
Disposals (44,700 )
As at 28 February 2024 55,700
Net Book Value
As at 28 February 2024 21,300
As at 1 March 2023 80,000
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 3,899 37,519
VAT 15,924 21,403
19,823 58,922
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts 7,000 7,000
Corporation tax 31,543 1,435
Accruals and deferred income 2,035 1,851
Director's loan account 169 251
Amounts owed to related parties 84,344 217,188
125,091 227,725
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7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 14,754 21,565
8. Deferred Taxation
The provision for deferred tax is made up as follows:
2024 2023
£ £
Other timing differences 4,047 15,200
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
10. Related Party Transactions
During the year £60,225 of trailer maintenance and other charges were purchased on normal commerical terms from BWBS Limited, a company controlled by Mr B Webb. Wages and payroll costs totalling £10,000 were recharged to BWBS Rental and Contracts Ltd during the year. BWBS Rental and Contracts Ltd repaid £193,069 to BWBS Ltd during the year. At the balance sheet date, the company owed BWBS Limited a total of £84,344 on its loan account. This loan is interest free and repayable on demand. 
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