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REGISTERED NUMBER: 03400080 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JULY 2024

FOR

B I S DOOR SYSTEMS LIMITED

B I S DOOR SYSTEMS LIMITED (REGISTERED NUMBER: 03400080)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


B I S DOOR SYSTEMS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST JULY 2024







DIRECTORS: Mr L E Dando
Mr A L Dando





REGISTERED OFFICE: 92 Station Lane
Hornchurch
Essex
RM12 6LX





BUSINESS ADDRESS: 13 Hodgson Court
Hodgson Way
Wickford
Essex
SS11 8XR





REGISTERED NUMBER: 03400080 (England and Wales)





ACCOUNTANTS: S.D. Garner + Co Limited
Chartered Certified Accountants
92 Station Lane
Hornchurch
Essex
RM12 6LX

B I S DOOR SYSTEMS LIMITED (REGISTERED NUMBER: 03400080)

BALANCE SHEET
31ST JULY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 61,288 47,847
61,288 47,847

CURRENT ASSETS
Debtors 6 166,578 112,399
Cash at bank 320,635 374,330
487,213 486,729
CREDITORS
Amounts falling due within one year 7 178,809 203,970
NET CURRENT ASSETS 308,404 282,759
TOTAL ASSETS LESS CURRENT
LIABILITIES

369,692

330,606

CREDITORS
Amounts falling due after more than one
year

8

17,901

15,936
NET ASSETS 351,791 314,670

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 351,790 314,669
SHAREHOLDERS' FUNDS 351,791 314,670

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st July 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.

B I S DOOR SYSTEMS LIMITED (REGISTERED NUMBER: 03400080)

BALANCE SHEET - continued
31ST JULY 2024


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 21st November 2024 and were signed on its behalf by:





Mr A L Dando - Director


B I S DOOR SYSTEMS LIMITED (REGISTERED NUMBER: 03400080)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JULY 2024

1. STATUTORY INFORMATION

B I S Door Systems 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

B I S DOOR SYSTEMS LIMITED (REGISTERED NUMBER: 03400080)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JULY 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st August 2023
and 31st July 2024 130,000
AMORTISATION
At 1st August 2023
and 31st July 2024 130,000
NET BOOK VALUE
At 31st July 2024 -
At 31st July 2023 -

B I S DOOR SYSTEMS LIMITED (REGISTERED NUMBER: 03400080)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JULY 2024

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1st August 2023 17,400 107,423 6,580 131,403
Additions 8,000 32,971 - 40,971
Disposals (2,159 ) (21,667 ) (3,808 ) (27,634 )
At 31st July 2024 23,241 118,727 2,772 144,740
DEPRECIATION
At 1st August 2023 15,206 61,959 6,391 83,556
Charge for year 2,535 17,895 189 20,619
Eliminated on disposal (2,104 ) (14,811 ) (3,808 ) (20,723 )
At 31st July 2024 15,637 65,043 2,772 83,452
NET BOOK VALUE
At 31st July 2024 7,604 53,684 - 61,288
At 31st July 2023 2,194 45,464 189 47,847

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1st August 2023 107,423
Additions 32,971
Disposals (21,667 )
At 31st July 2024 118,727
DEPRECIATION
At 1st August 2023 61,959
Charge for year 17,895
Eliminated on disposal (14,811 )
At 31st July 2024 65,043
NET BOOK VALUE
At 31st July 2024 53,684
At 31st July 2023 45,464

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 155,135 104,659
Prepayments 11,443 7,740
166,578 112,399

B I S DOOR SYSTEMS LIMITED (REGISTERED NUMBER: 03400080)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JULY 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 12,983 10,014
Trade creditors 103,512 118,926
Taxation and social security 52,763 64,506
Other creditors 9,551 10,524
178,809 203,970

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts 17,901 15,936

9. RELATED PARTY DISCLOSURES

The director Mr L Dando was owed £1,687 at the year end (2023 £1,978).