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REGISTERED NUMBER: 03442635 (England and Wales)









FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2024

FOR

B & I INTERNATIONAL LIMITED

B & I INTERNATIONAL LIMITED (REGISTERED NUMBER: 03442635)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31st January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


B & I INTERNATIONAL LIMITED

COMPANY INFORMATION
for the Year Ended 31st January 2024







Directors: Dr I Ahmed
Mrs F Ahmed





Registered office: Orme Business Centre
Orme Mill
Greenacres Road
Oldham
Greater Manchester
OL4 3NS





Registered number: 03442635 (England and Wales)






B & I INTERNATIONAL LIMITED (REGISTERED NUMBER: 03442635)

BALANCE SHEET
31st January 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 4 23,051 19,020

Current assets
Stocks 5 865,500 952,500
Debtors 6 224,302 210,928
Cash at bank and in hand 3,062 4,643
1,092,864 1,168,071
Creditors
Amounts falling due within one year 7 1,013,727 1,099,056
Net current assets 79,137 69,015
Total assets less current liabilities 102,188 88,035

Capital and reserves
Called up share capital 8 100 100
Retained earnings 102,088 87,935
Shareholders' funds 102,188 88,035

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2024 in accordance with Section 476 of the Companies Act 2006.

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 profit or loss 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1st October 2024 and were signed on its behalf by:





Dr I Ahmed - Director


B & I INTERNATIONAL LIMITED (REGISTERED NUMBER: 03442635)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31st January 2024

1. Statutory information

B & I International Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 10% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Deferred taxation
No provision is made at the current rate for deferred taxation in respect of timing differences because, in the opinion of the Directors, there is reasonable probability that the liability will not arise in the foreseeable future.


3. Employees and directors

The average number of employees during the year was 4 (2023 - 4 ) .

B & I INTERNATIONAL LIMITED (REGISTERED NUMBER: 03442635)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st January 2024

4. Tangible fixed assets
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
Cost
At 1st February 2023 57,866 19,249 77,115
Additions 5,933 - 5,933
At 31st January 2024 63,799 19,249 83,048
Depreciation
At 1st February 2023 41,474 16,621 58,095
Charge for year 1,639 263 1,902
At 31st January 2024 43,113 16,884 59,997
Net book value
At 31st January 2024 20,686 2,365 23,051
At 31st January 2023 16,392 2,628 19,020

5. Stocks
2024 2023
£    £   
Stocks 865,500 952,500

6. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 224,302 210,928

7. Creditors: amounts falling due within one year
2024 2023
£    £   
Bank loans and overdrafts 406,742 462,633
Trade creditors 292,070 237,683
Tax 9,923 5,229
VAT 31,210 37,588
Other Creditors 178,005 260,493
Directors' current accounts 93,277 91,197
Accrued expenses 2,500 4,233
1,013,727 1,099,056

8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

B & I INTERNATIONAL LIMITED (REGISTERED NUMBER: 03442635)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31st January 2024

9. Related party disclosures

The bank overdraft is secured by a personal guarantee by the directors.