Company Registration No. 13423071 (England and Wales)
BS Lift Services Ltd
Unaudited accounts
for the year ended 31 May 2024
BS Lift Services Ltd
Unaudited accounts
Contents
BS Lift Services Ltd
Company Information
for the year ended 31 May 2024
Company Number
13423071 (England and Wales)
Registered Office
66 Blendon Drive
Bexley
DA5 3AB
Accountants
King & Taylor
123 Cross Lane East
Gravesend
Kent
DA12 5HA
BS Lift Services Ltd
Statement of financial position
as at 31 May 2024
Tangible assets
23,381
31,213
Cash at bank and in hand
89,962
64,514
Creditors: amounts falling due within one year
(43,345)
(40,670)
Net current assets
109,030
66,798
Called up share capital
1
1
Profit and loss account
132,410
98,010
Shareholders' funds
132,411
98,011
For the year ending 31 May 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 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 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 and authorised for issue on 11 September 2024 and were signed on its behalf by
B Spellacey
Director
Company Registration No. 13423071
BS Lift Services Ltd
Notes to the Accounts
for the year ended 31 May 2024
BS Lift Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 13423071. The registered office is 66 Blendon Drive, Bexley, DA5 3AB.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Motor vehicles
25% Reducing balance basis
Fixtures & fittings
20% straight line basis
Computer equipment
20% straight line basis
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 June 2023
29,791
318
1,596
31,705
At 31 May 2024
29,791
318
1,596
31,705
At 1 June 2023
-
64
428
492
Charge for the year
7,448
64
320
7,832
At 31 May 2024
7,448
128
748
8,324
At 31 May 2024
22,343
190
848
23,381
At 31 May 2023
29,791
254
1,168
31,213
BS Lift Services Ltd
Notes to the Accounts
for the year ended 31 May 2024
Amounts falling due within one year
Trade debtors
62,413
42,954
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
25,161
23,678
Loans from directors
7,462
8,855
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).