REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2024 |
FOR |
ULVERSTON BID COMPANY LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2024 |
FOR |
ULVERSTON BID COMPANY LIMITED |
ULVERSTON BID COMPANY LIMITED (REGISTERED NUMBER: 09761005) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2024 |
Page |
Company Information | 1 |
Abridged Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
ULVERSTON BID COMPANY LIMITED |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 MARCH 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
The Tower |
Daltongate Business Centre |
Daltongate |
Ulverston |
Cumbria |
LA12 7AJ |
BANKERS: |
104 Duke Street |
Barrow in Furness |
Cumbria |
LA14 1LR |
ULVERSTON BID COMPANY LIMITED (REGISTERED NUMBER: 09761005) |
ABRIDGED BALANCE SHEET |
31 MARCH 2024 |
31.3.24 | 31.3.23 |
Notes | £ | £ |
CURRENT ASSETS |
Debtors |
Cash at bank |
CREDITORS |
Amounts falling due within one year |
TOTAL ASSETS LESS CURRENT LIABILITIES |
RESERVES | - | - |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
ULVERSTON BID COMPANY LIMITED (REGISTERED NUMBER: 09761005) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MARCH 2024 |
1. | STATUTORY INFORMATION |
Ulverston Bid Company Limited is a |
The presentation currency of the financial statements is the Pound Sterling (£). |
The liability of each member is limited to £1 each. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
Turnover |
Turnover represents net invoiced sales of services as adjusted for deferred income, excluding VAT. |
The company has an operating agreement with Westmorland and Furness Council to operate the BID using the BID Levy collected by the Council to achieve the objectives and aspirations set out in the BID arrangements. The agreement is for a period of 5 years to 3/9/25 with funds being required to be spent within 6 months of the BID term. As such any funds not yet utilised are carried forwards as deferred income. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the year was |
4. | LEASING AGREEMENTS |
Minimum lease payments under non-cancellable operating leases fall due as follows: |
31.3.24 | 31.3.23 |
£ | £ |
Within one year |
Between one and five years |
5. | ULTIMATE CONTROLLING PARTY |
The company knows or has reasonable cause to believe that there is no registrable person with control or significant control over the entity. |