BUY SELL AND LOAN LTD

Company Registration Number:
13360422 (England and Wales)

Unaudited micro entity accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

BUY SELL AND LOAN LTD

Contents of the Financial Statements

for the Period Ended 31 May 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Footnotes to the Balance Sheet - 8

BUY SELL AND LOAN LTD

Company Information

for the Period Ended 31 May 2024




Director: Abdelghani Ababsa
Collins Okosun
Registered office: Unit 4 Agora Shopping Centre
140a Queensway
Bletchley
Milton Keynes
England
MK2 2RS
Company Registration Number: 13360422 (England and Wales)

BUY SELL AND LOAN LTD

Directors' Report Period Ended 31 May 2024

The directors present their report with the financial statements of the company for the period ended 31 May 2024

Principal Activities

The principal activities of the company was that of the sale of second hand goods

Directors

The directors shown below have held office during the whole of the period from 01 June 2023 to 31 May 2024
Abdelghani Ababsa
Collins Okosun

This report was approved by the board of directors on 31 August 2024
And Signed On Behalf Of The Board By:

Name: Abdelghani Ababsa
Status: Director

BUY SELL AND LOAN LTD

Profit and Loss Account

for the Period Ended 31 May 2024


2024
£

2023
£
Turnover 447,262 403,162
Cost of Materials ( 361,879 ) ( 334,646 )
Staff Costs ( 55,058 ) ( 38,414 )
Depreciation and Writeoffs ( 62 ) ( 75 )
Other charges ( 16,653 ) ( 15,617 )
Tax on Profit ( 2,586 ) ( 2,738 )
Profit or (Loss) for Period 11,024 11,672

BUY SELL AND LOAN LTD

Balance sheet

As at 31 May 2024


2024
£

2023
£
Fixed Assets: 281 343
Current assets: 65,630 66,287
Creditors: amounts falling due within one year: ( 3,535 ) ( 3,279 )
Net current assets (liabilities): 62,095 63,008
Total assets less current liabilities: 62,376 63,351
Creditors: amounts falling due after more than one year: ( 38,000 ) ( 60,000 )
Total net assets (liabilities): 24,376 3,351
Capital and reserves: 24,376 3,351

BUY SELL AND LOAN LTD

Balance sheet continued

For the year ending 31 May 2024 the company was entitled to exemption 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 of the small companies regime applicable to micro-entities.

This report was approved by the board of directors on 31 August 2024
And Signed On Behalf Of The Board By:

Name: Abdelghani Ababsa
Status: Director

The notes form part of these financial statements

BUY SELL AND LOAN LTD

Footnotes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Employee Information

    Average number of employees: 3

BUY SELL AND LOAN LTD

Footnotes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Off balance sheet disclosure

    No