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Company Registration No. 06748910 (England and Wales)
BDC Events Limited Unaudited accounts for the year ended 31 December 2023
BDC Events Limited Unaudited accounts Contents
Page
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BDC Events Limited Company Information for the year ended 31 December 2023
Director
Mark Buckle
Company Number
06748910 (England and Wales)
Registered Office
61 Plodder Lane Farnworth Bolton BL4 0BX England
Accountants
Daniel Sam Limited 61 Plodder Lane Farnworth Bolton BL4 0BX
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BDC Events Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
35,631 
43,133 
Current assets
Inventories
7,500 
2,000 
Debtors
54,864 
1,424 
Cash at bank and in hand
49,051 
76,115 
111,415 
79,539 
Creditors: amounts falling due within one year
(55,629)
(43,844)
Net current assets
55,786 
35,695 
Total assets less current liabilities
91,417 
78,828 
Creditors: amounts falling due after more than one year
(26,758)
(42,006)
Provisions for liabilities
Deferred tax
(6,770)
(8,195)
Net assets
57,889 
28,627 
Capital and reserves
Called up share capital
20 
20 
Profit and loss account
57,869 
28,607 
Shareholders' funds
57,889 
28,627 
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 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 10 September 2024 and were signed on its behalf by
Mark Buckle Director Company Registration No. 06748910
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BDC Events Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
BDC Events Limited is a private company, limited by shares, registered in England and Wales, registration number 06748910. The registered office is 61 Plodder Lane, Farnworth, Bolton, BL4 0BX, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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:
Plant & machinery
20% on reducing balance
Motor vehicles
20% on reducing balance
Computer equipment
20% on reducing balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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BDC Events Limited Notes to the Accounts for the year ended 31 December 2023
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2023
25,336 
33,600 
250 
59,186 
Additions
6,169 
5,000 
- 
11,169 
Disposals
- 
(10,100)
- 
(10,100)
At 31 December 2023
31,505 
28,500 
250 
60,255 
Depreciation
At 1 January 2023
12,554 
3,470 
29 
16,053 
Charge for the year
3,790 
6,050 
44 
9,884 
On disposals
- 
(1,313)
- 
(1,313)
At 31 December 2023
16,344 
8,207 
73 
24,624 
Net book value
At 31 December 2023
15,161 
20,293 
177 
35,631 
At 31 December 2022
12,782 
30,130 
221 
43,133 
2023 
2022 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Motor vehicles
16,293 
20,367 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
29 
- 
Accrued income and prepayments
6,076 
798 
Other debtors
48,759 
626 
54,864 
1,424 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
VAT
16,993 
14,276 
Obligations under finance leases and hire purchase contracts
4,755 
4,755 
Taxes and social security
16,911 
3,774 
Other creditors
- 
1,200 
Loans from directors
6,970 
9,839 
55,629 
43,844 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
18,185 
29,534 
Obligations under finance leases and hire purchase contracts
8,573 
12,472 
26,758 
42,006 
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BDC Events Limited Notes to the Accounts for the year ended 31 December 2023
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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