Company Registration No. 03713459 (England and Wales)
Buzz Communications Limited
Unaudited accounts
for the year ended 30 January 2024
Buzz Communications Limited
Unaudited accounts
Contents
Buzz Communications Limited
Company Information
for the year ended 30 January 2024
Directors
Mr A.M. Jones
Mrs M. Jones
Company Number
03713459 (England and Wales)
Registered Office
Old Milton House
Milton Park
Alsager
Cheshire
ST7 2YS
United Kingdom
Accountants
Accology Limited
Bolton Arena
Arena Approach
Horwich
Lancashire
BL6 6LB
Buzz Communications Limited
Statement of financial position
as at 30 January 2024
Tangible assets
13,291,141
8,953,626
Cash at bank and in hand
912,188
2,966,817
Creditors: amounts falling due within one year
(12,842,556)
(12,747,086)
Net current liabilities
(11,902,583)
(7,712,929)
Total assets less current liabilities
1,388,558
1,240,697
Provisions for liabilities
Net assets
1,388,529
1,240,668
Called up share capital
350,002
350,002
Profit and loss account
1,038,527
890,666
Shareholders' funds
1,388,529
1,240,668
For the year ending 30 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 27 October 2024 and were signed on its behalf by
Mr A.M. Jones
Director
Company Registration No. 03713459
Buzz Communications Limited
Notes to the Accounts
for the year ended 30 January 2024
Buzz Communications Limited is a private company, limited by shares, registered in England and Wales, registration number 03713459. The registered office is Old Milton House, Milton Park, Alsager, Cheshire, ST7 2YS, United Kingdom.
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:
Motor vehicles
25% pa reducing balance
Fixtures & fittings
15% pa reducing balance
Computer equipment
33% pa straight line
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 31 January 2023
8,953,306
72,036
55,641
4,085
9,085,068
Additions
4,337,345
-
-
-
4,337,345
At 30 January 2024
13,290,651
72,036
55,641
4,085
13,422,413
At 31 January 2023
-
72,036
56,301
3,105
131,442
Charge for the year
-
-
-
490
490
Surplus on revaluation
-
-
(660)
-
(660)
At 30 January 2024
-
72,036
55,641
3,595
131,272
At 30 January 2024
13,290,651
-
-
490
13,291,141
At 30 January 2023
8,953,306
-
(660)
980
8,953,626
Buzz Communications Limited
Notes to the Accounts
for the year ended 30 January 2024
Amounts falling due after more than one year
Other debtors
27,785
27,785
6
Creditors: amounts falling due within one year
2024
2023
Loans from directors
12,831,075
12,739,074
Allotted, called up and fully paid:
350,002 Ordinary shares of £1 each
350,002
350,002
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).