Company Registration No. 12384795 (England and Wales)
BBX MEDIA LTD
Unaudited accounts
for the year ended 31 January 2024
BBX MEDIA LTD
Unaudited accounts
Contents
BBX MEDIA LTD
Company Information
for the year ended 31 January 2024
Directors
PARNELL Christopher Ian
PARNELL Richard Colin
Company Number
12384795 (England and Wales)
Registered Office
Unit 6 Benridge Business Park
Holyrood Cl
Poole
Dorset
BH17 7BD
BBX MEDIA LTD
Statement of financial position
as at 31 January 2024
Tangible assets
546,003
237,991
Cash at bank and in hand
63,977
36,749
Creditors: amounts falling due within one year
(280,512)
(71,955)
Net current assets
202,192
12,627
Total assets less current liabilities
748,195
250,618
Creditors: amounts falling due after more than one year
(308,445)
(35,185)
Net assets
439,750
215,433
Called up share capital
100
100
Profit and loss account
439,650
215,333
Shareholders' funds
439,750
215,433
For the year ending 31 January 2024 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.
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 25 October 2024 and were signed on its behalf by
PARNELL Christopher Ian
Director
Company Registration No. 12384795
BBX MEDIA LTD
Notes to the Accounts
for the year ended 31 January 2024
BBX MEDIA LTD is a private company, limited by shares, registered in England and Wales, registration number 12384795. The registered office is Unit 6 Benridge Business Park, Holyrood Cl, Poole, Dorset, BH17 7BD.
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.
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
25% on reducing balance
Motor vehicles
25% on reducing balance
Fixtures & fittings
25% on reducing balance
Computer equipment
25% on reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 February 2023
8,834
28,271
2,493
359,123
398,721
Additions
113,677
219,920
4,498
150,136
488,231
At 31 January 2024
122,511
248,191
6,991
509,259
886,952
At 1 February 2023
4,158
9,531
366
146,675
160,730
Charge for the year
29,588
59,665
532
90,434
180,219
At 31 January 2024
33,746
69,196
898
237,109
340,949
At 31 January 2024
88,765
178,995
6,093
272,150
546,003
At 31 January 2023
4,676
18,740
2,127
212,448
237,991
BBX MEDIA LTD
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
Trade debtors
402,646
27,197
Accrued income and prepayments
4,851
2,273
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
16,015
5,556
Obligations under finance leases and hire purchase contracts
40,177
6,960
Trade creditors
22,407
9,742
Taxes and social security
18,375
15,416
Other creditors
28,710
1,192
Loans from directors
2,936
31,391
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
236,995
-
8
Operating lease commitments
2024
2023
At 31 January 2024 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
28,950
28,950
Later than one year and not later than five years
108,563
137,513
9
Average number of employees
During the year the average number of employees was 6 (2023: 3).