Company Registration No. 13076581 (England and Wales)
B&B NETWORKING LIMITED
Unaudited accounts
for the year ended 31 December 2023
B&B NETWORKING LIMITED
Unaudited accounts
Contents
B&B NETWORKING LIMITED
Company Information
for the year ended 31 December 2023
Company Number
13076581 (England and Wales)
Registered Office
C/O ACCOUNTS AND LEGAL
125 DEANSGATE
MANCHESTER
GREATER MANCHESTER
M3 2BY
ENGLAND
Accountants
Accounts and Legal Consultants Ltd
Suite 1-3
The Hop Exchange
24 Southwark Street
London
SE1 1TY
B&B NETWORKING LIMITED
Accountants' report
Accountants' report to the director of B&B NETWORKING LIMITED on the preparation of the unaudited statutory accounts for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
B&B NETWORKING LIMITED for the year ended
31 December 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of B&B NETWORKING LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of B&B NETWORKING LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than B&B NETWORKING LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that B&B NETWORKING LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of B&B NETWORKING LIMITED. You consider that B&B NETWORKING LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of B&B NETWORKING LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Accounts and Legal Consultants Ltd
Suite 1-3
The Hop Exchange
24 Southwark Street
London
SE1 1TY
8 February 2024
B&B NETWORKING LIMITED
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
70
739
Creditors: amounts falling due within one year
(5,057)
(1,296)
Net current assets/(liabilities)
279
(557)
Called up share capital
100
100
Profit and loss account
780
(32)
Shareholders' funds
880
68
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 8 February 2024 and were signed on its behalf by
M. Beech
Director
Company Registration No. 13076581
B&B NETWORKING LIMITED
Notes to the Accounts
for the year ended 31 December 2023
B&B NETWORKING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13076581. The registered office is C/O ACCOUNTS AND LEGAL, 125 DEANSGATE, MANCHESTER, GREATER MANCHESTER, M3 2BY, 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.
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.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Computer equipment
25% straight line
4
Tangible fixed assets
Computer equipment
B&B NETWORKING LIMITED
Notes to the Accounts
for the year ended 31 December 2023
Amounts falling due within one year
Amounts falling due after more than one year
Amounts due from group undertakings etc.
312
-
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
1,286
-
Taxes and social security
3,221
917
Loans from directors
-
111
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director's loan
-
4,954
-
4,954
The has been a loan of £4954 made to M. Beech with interest charged at 0% however this loan amount is repaid in full within 9 months of the year end.
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).