Company Registration No. 08270103 (England and Wales)
BFGSL Ltd
Unaudited accounts
for the year ended 31 December 2023
BFGSL Ltd
Unaudited accounts
Contents
BFGSL Ltd
Company Information
for the year ended 31 December 2023
Directors
Mark Faulkner
Neil Faulkner
Company Number
08270103 (England and Wales)
Registered Office
18 ST. CROSS STREET
4TH-6TH FLOOR
LONDON
EC1N 8UN
ENGLAND
BFGSL Ltd
Statement of financial position
as at 31 December 2023
Intangible assets
20,282
24,773
Cash at bank and in hand
(8,878)
(10,879)
Creditors: amounts falling due within one year
6,872
6,642
Net current assets/(liabilities)
1,222
(1,920)
Called up share capital
54,209
54,209
Profit and loss account
(32,381)
(30,882)
Shareholders' funds
21,828
23,327
For the year ending 31 December 2023 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 11 September 2024 and were signed on its behalf by
Neil Faulkner
Director
Company Registration No. 08270103
BFGSL Ltd
Notes to the Accounts
for the year ended 31 December 2023
BFGSL Ltd is a private company, limited by shares, registered in England and Wales, registration number 08270103. The registered office is 18 ST. CROSS STREET, 4TH-6TH FLOOR, LONDON, EC1N 8UN, ENGLAND.
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.
These financial statements for the year ended 31 December 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 January 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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Intangible fixed assets
Total
At 31 December 2023
86,795
At 31 December 2023
66,513
At 31 December 2023
20,282
At 31 December 2022
24,773
BFGSL Ltd
Notes to the Accounts
for the year ended 31 December 2023
5
Tangible fixed assets
Total
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Average number of employees
During the year the average number of employees was 1 (2022: 1).