Registered number
08145054
BSK Speedworks Limited
Filleted Accounts
30 September 2024
BSK Speedworks Limited
Registered number: 08145054
Balance Sheet
as at 30 September 2024
Notes 30/9/24 31/3/24
£ £
Fixed assets
Tangible assets 3 - 2,735
Current assets
Stocks - 1,000
Debtors 4 439 1,211
Cash at bank and in hand 5,246 2,803
5,685 5,014
Creditors: amounts falling due within one year 5 (5,681) (5,867)
Net current assets/(liabilities) 4 (853)
Net assets 4 1,882
Capital and reserves
Called up share capital 1 1
Profit and loss account 3 1,881
Shareholder's funds 4 1,882
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
………………………………
Ben Kingham
Director
Approved by the board on 23 October 2024
BSK Speedworks Limited
Notes to the Accounts
for the period from 1 April 2024 to 30 September 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery 25% reducing balance
Motor Vehicles 25% reducing balance
2 Employees 30/9/24 31/3/24
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 April 2024 8,497 4,100 12,597
Disposals (8,497) (4,100) (12,597)
At 30 September 2024 - - -
Depreciation
At 1 April 2024 5,988 3,874 9,862
On disposals (5,988) (3,874) (9,862)
At 30 September 2024 - - -
Net book value
At 30 September 2024 - - -
At 31 March 2024 2,509 226 2,735
4 Debtors 30/9/24 31/3/24
£ £
Customs and Excise 439 1,211
5 Creditors: amounts falling due within one year 30/9/24 31/3/24
£ £
Other creditors 5,681 5,867
6 Other information
BSK Speedworks Limited is a private company limited by shares and incorporated in England. Its registered office is:
6 Clarence Road
Leighton Buzzard
Bedfordshire
LU7 3EJ
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