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REGISTERED NUMBER: 04842063 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 NOVEMBER 2023 TO 31 JULY 2024

FOR

BP INDUSTRIES LTD

BP INDUSTRIES LTD (REGISTERED NUMBER: 04842063)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 NOVEMBER 2023 TO 31 JULY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BP INDUSTRIES LTD

COMPANY INFORMATION
FOR THE PERIOD 1 NOVEMBER 2023 TO 31 JULY 2024







DIRECTORS: D Beresford
Miss A Clarke





REGISTERED OFFICE: Unit 6 Witham Point
Wavell Drive
Lincoln
Lincolnshire
LN3 4PL





REGISTERED NUMBER: 04842063 (England and Wales)





ACCOUNTANTS: Dexter & Sharpe (Lincoln) Ltd
Landmark House
1 Riseholme Road
Lincoln
Lincolnshire
LN1 3SN

BP INDUSTRIES LTD (REGISTERED NUMBER: 04842063)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 13,403 10,724
Cash at bank and in hand 210,654 304,097
TOTAL ASSETS LESS CURRENT
LIABILITIES

224,057

314,821

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 224,055 314,819
SHAREHOLDERS' FUNDS 224,057 314,821

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

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

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 8 November 2024 and were signed on its behalf by:





D Beresford - Director


BP INDUSTRIES LTD (REGISTERED NUMBER: 04842063)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 NOVEMBER 2023 TO 31 JULY 2024

1. STATUTORY INFORMATION

BP Industries 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.

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

Taxation
Taxation for the period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2023 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 13,403 10,724

5. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 July 2024 and the year ended 31 October 2023:

2024 2023
£    £   
D Beresford
Balance outstanding at start of period 9,572 12,562
Amounts advanced 102,990 100,000
Amounts repaid (100,000 ) (102,990 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 12,562 9,572

The above overdrawn directors loan account is repaid within 9 months of the year end.