IRIS Accounts Production v24.3.0.553 12998809 Board of Directors 1.4.23 31.3.24 31.3.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh129988092023-03-31129988092024-03-31129988092023-04-012024-03-31129988092022-03-31129988092022-04-012023-03-31129988092023-03-3112998809ns15:EnglandWales2023-04-012024-03-3112998809ns14:PoundSterling2023-04-012024-03-3112998809ns10:Director12023-04-012024-03-3112998809ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3112998809ns10:SmallEntities2023-04-012024-03-3112998809ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3112998809ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3112998809ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3112998809ns10:AbridgedAccounts2023-04-012024-03-311299880912023-04-012024-03-3112998809ns10:Director22023-04-012024-03-3112998809ns10:RegisteredOffice2023-04-012024-03-3112998809ns5:CurrentFinancialInstruments2024-03-3112998809ns5:CurrentFinancialInstruments2023-03-3112998809ns5:Non-currentFinancialInstruments2024-03-3112998809ns5:Non-currentFinancialInstruments2023-03-3112998809ns5:ShareCapital2024-03-3112998809ns5:ShareCapital2023-03-3112998809ns5:RetainedEarningsAccumulatedLosses2024-03-3112998809ns5:RetainedEarningsAccumulatedLosses2023-03-3112998809ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3112998809ns5:PlantMachinery2023-04-012024-03-31
REGISTERED NUMBER: 12998809 (England and Wales)


Unaudited Financial Statements for the Year Ended 31 March 2024

for

Bucks Business Growth Ltd

Bucks Business Growth Ltd (Registered number: 12998809)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Bucks Business Growth Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: J Charlton-Jones
P Charlton-Jones





REGISTERED OFFICE: 6a St Andrews Court
Wellington Street
Thame
Oxfordshire
OX9 3WT





REGISTERED NUMBER: 12998809 (England and Wales)





ACCOUNTANTS: Fizz Accounting Limited
6a St Andrews Court
Wellington Street
Thame
Oxfordshire
OX9 3WT

Bucks Business Growth Ltd (Registered number: 12998809)

Abridged Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 19,000 31,000
Tangible assets 5 421 1,142
19,421 32,142

CURRENT ASSETS
Debtors 6,071 611
Cash at bank 130 1,356
6,201 1,967
CREDITORS
Amounts falling due within one year 173,526 163,144
NET CURRENT LIABILITIES (167,325 ) (161,177 )
TOTAL ASSETS LESS CURRENT LIABILITIES (147,904 ) (129,035 )

CREDITORS
Amounts falling due after more than one year 6,502 10,753
NET LIABILITIES (154,406 ) (139,788 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (154,506 ) (139,888 )
(154,406 ) (139,788 )

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

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

Bucks Business Growth Ltd (Registered number: 12998809)

Abridged Balance Sheet - continued
31 March 2024


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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 6 November 2024 and were signed on its behalf by:





J Charlton-Jones - Director


Bucks Business Growth Ltd (Registered number: 12998809)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Bucks Business Growth Ltd 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.

Going concern
At the balance sheet date, the company had net liabilities. However, the director has loaned funds to the company, and is committed to providing continued financial support. The director therefore considers it appropriate to prepare the accounts on a going concern basis.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Franchise fees are being amortised evenly over the life of the franchise agreement, being five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% 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.

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 1 (2023 - 2 ) .

Bucks Business Growth Ltd (Registered number: 12998809)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023
and 31 March 2024 60,000
AMORTISATION
At 1 April 2023 29,000
Amortisation for year 12,000
At 31 March 2024 41,000
NET BOOK VALUE

At 31 March 2024 19,000
At 31 March 2023 31,000

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 April 2023
and 31 March 2024 2,886
DEPRECIATION
At 1 April 2023 1,744
Charge for year 721
At 31 March 2024 2,465
NET BOOK VALUE
At 31 March 2024 421
At 31 March 2023 1,142