Company Registration No. 06486561 (England and Wales)
BB Surveys Ltd
Unaudited accounts
for the year ended 31 January 2024
BB Surveys Ltd
Unaudited accounts
Contents
BB Surveys Ltd
Company Information
for the year ended 31 January 2024
Directors
Mr. Barry Frederick Burrows
Mrs. Jennifer Sarah Burrows
Secretary
Mrs. Jennifer Sarah Burrows
Company Number
06486561 (England and Wales)
Registered Office
1 Chestnut Place
Cringleford
Norwich
Norfolk
NR4 7BD
England
Accountants
Together Accounting Limited
17-19 St Georges Street
Norwich
Norfolk
NR3 1AB
BB Surveys Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
189,961
164,163
Cash at bank and in hand
21,176
9,425
Creditors: amounts falling due within one year
(161,477)
(139,159)
Net current assets
6,671
161,375
Total assets less current liabilities
196,632
325,538
Creditors: amounts falling due after more than one year
(160,083)
(164,525)
Provisions for liabilities
Deferred tax
(36,092)
(31,190)
Called up share capital
100
100
Profit and loss account
357
129,723
Shareholders' funds
457
129,823
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 29 October 2024 and were signed on its behalf by
Mr. Barry Frederick Burrows
Director
Company Registration No. 06486561
BB Surveys Ltd
Notes to the Accounts
for the year ended 31 January 2024
BB Surveys Ltd is a private company, limited by shares, registered in England and Wales, registration number 06486561. The registered office is 1 Chestnut Place, Cringleford, Norwich, Norfolk, NR4 7BD, 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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Reducing Balance Method - 25%
Motor vehicles
Reducing Balance Method - 25%
Computer equipment
Reducing Balance Method - 33%
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 is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset.
Deferred tax assets and liabilities are not discounted.
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.
BB Surveys Ltd
Notes to the Accounts
for the year ended 31 January 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2023
256,480
94,794
17,505
368,779
Additions
6,181
68,495
2,317
76,993
At 31 January 2024
262,661
163,289
19,822
445,772
At 1 February 2023
144,732
45,165
14,719
204,616
Charge for the year
28,282
16,688
6,225
51,195
At 31 January 2024
173,014
61,853
20,944
255,811
At 31 January 2024
89,647
101,436
(1,122)
189,961
At 31 January 2023
111,748
49,629
2,786
164,163
Amounts falling due within one year
Trade debtors
39,150
74,580
Accrued income and prepayments
4,382
-
Other debtors
101,590
216,529
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
42,732
35,001
Obligations under finance leases and hire purchase contracts
48,877
61,470
Trade creditors
20,419
18,931
Taxes and social security
27,912
10,484
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
102,611
93,964
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
BB Surveys Ltd
Notes to the Accounts
for the year ended 31 January 2024
The directors owed the company £101,590 as at the year end. Interest has been charged at a rate of 2.5%. This balance is reflected in other debtors in note 5.
The Company is controlled by the Directors who own 100% of the Called-up Share Capital.
11
Average number of employees
During the year the average number of employees was 6 (2023: 6).