Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-314The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.falsetrue42023-01-01trueNo description of principal activityfalse 06222769 2023-01-01 2023-12-31 06222769 2022-01-01 2022-12-31 06222769 2023-12-31 06222769 2022-12-31 06222769 c:Director6 2023-01-01 2023-12-31 06222769 d:CurrentFinancialInstruments 2023-12-31 06222769 d:CurrentFinancialInstruments 2022-12-31 06222769 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 06222769 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 06222769 d:RetainedEarningsAccumulatedLosses 2023-12-31 06222769 d:RetainedEarningsAccumulatedLosses 2022-12-31 06222769 c:FRS102 2023-01-01 2023-12-31 06222769 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 06222769 c:FullAccounts 2023-01-01 2023-12-31 06222769 c:CompanyLimitedByGuarantee 2023-01-01 2023-12-31 06222769 2 2023-01-01 2023-12-31 06222769 e:PoundSterling 2023-01-01 2023-12-31 iso4217:GBP xbrli:pure

Registered number: 06222769









BBP MANAGEMENT LIMITED
(A company limited by guarantee)







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

 
BBP MANAGEMENT LIMITED
 
(A company limited by guarantee)
REGISTERED NUMBER: 06222769

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
4,491
2,074

Cash at bank and in hand
  
86,750
81,352

  
91,241
83,426

Creditors: amounts falling due within one year
 5 
(2,119)
(2,610)

Net current assets
  
 
 
89,122
 
 
80,816

Total assets less current liabilities
  
89,122
80,816

  

Net assets
  
89,122
80,816


Capital and reserves
  

Profit and loss account
 6 
89,122
80,816

  
89,122
80,816


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 10 September 2024.




C G Reed
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 
BBP MANAGEMENT LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

BBP Management Limited is a private company limited by guarantee and incorporated in England. Its registered office is 124 Finchley Road, London, NW3 5JS.
The principal activity of the company is property management.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Revenue recognition

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding value added tax and other sales taxes.
Service charges are measured as the fair value of the amount received or receivable on an accruals basis.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Functional currency

The Company's functional and presentational currency is GBP.

 
2.5

Debtors

Short term debtors are measured at transaction price, less any impairment.

 
2.6

Cash and cash equivalents

Cash includes cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

 
2.7

Creditors

Short term creditors are measured at the transaction price.

Page 2

 
BBP MANAGEMENT LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.8

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's statement of financial position when the Company becomes party to the contractual provisions of the instrument.


3.


Employees



The average monthly number of employees, including directors, during the year was 4 (2022 - 4).


4.


Debtors

2023
2022
£
£


Trade debtors
4,491
-

Other debtors
-
593

Prepayments and accrued income
-
1,481

4,491
2,074



5.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
186
1,610

Other taxation and social security
458
-

Accruals and deferred income
1,475
1,000

2,119
2,610



6.


Reserves

At the reporting date, reserves includes an amount of £46,923 (2022: £46,923) which has been designated as a general fund set aside for future maintenance costs relating to the business park. 

Page 3

 
BBP MANAGEMENT LIMITED

(A company limited by guarantee)
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023


7.


Company status

The company is a private company limited by guarantee and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

 
Page 4