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REGISTERED NUMBER: 09023465 (England and Wales)





















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024

FOR

BBX MANAGEMENT LIMITED

BBX MANAGEMENT LIMITED (REGISTERED NUMBER: 09023465)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BBX MANAGEMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DIRECTORS: Mr J Attridge
Mr S P Clancy





REGISTERED OFFICE: Unit 3, Churchill Court
33 Palmerston Road
Bournemouth
Dorset
BH1 4HN





REGISTERED NUMBER: 09023465 (England and Wales)





ACCOUNTANTS: Aspen Waite Limited
Chartered Accountants
Rubis House
15 Friarn Street
Bridgwater
Somerset
TA6 3LH

BBX MANAGEMENT LIMITED (REGISTERED NUMBER: 09023465)

BALANCE SHEET
31ST MARCH 2024

31/3/24 31/3/23
Notes £    £   
FIXED ASSETS
Tangible assets 4 8,757 10,073
Investments 5 964,792 964,792
973,549 974,865

CURRENT ASSETS
Stocks 136,309 136,309
Debtors 6 885,500 526,458
Investments 7 25,466 24,220
Cash at bank and in hand 83,645 53,802
1,130,920 740,789
CREDITORS
Amounts falling due within one year 8 (641,582 ) (621,810 )
NET CURRENT ASSETS 489,338 118,979
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,462,887

1,093,844

CREDITORS
Amounts falling due after more than one year 9 (38,968 ) (44,414 )
NET ASSETS 1,423,919 1,049,430

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 1,423,918 1,049,429
1,423,919 1,049,430

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

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

BBX MANAGEMENT LIMITED (REGISTERED NUMBER: 09023465)

BALANCE SHEET - continued
31ST MARCH 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 Income Statement has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 3rd January 2025 and were signed on its behalf by:





Mr S P Clancy - Director


BBX MANAGEMENT LIMITED (REGISTERED NUMBER: 09023465)

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

1. STATUTORY INFORMATION

BBX Management 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

BBX MANAGEMENT LIMITED (REGISTERED NUMBER: 09023465)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st April 2023 20,193 7,079 27,272
Additions 1,709 938 2,647
At 31st March 2024 21,902 8,017 29,919
DEPRECIATION
At 1st April 2023 14,288 2,911 17,199
Charge for year 2,360 1,603 3,963
At 31st March 2024 16,648 4,514 21,162
NET BOOK VALUE
At 31st March 2024 5,254 3,503 8,757
At 31st March 2023 5,905 4,168 10,073

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1st April 2023
and 31st March 2024 964,792
NET BOOK VALUE
At 31st March 2024 964,792
At 31st March 2023 964,792

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Trade debtors 180,016 178,212
Amounts owed by group undertakings 704,384 224,690
Other debtors 1,100 1,309
VAT - 122,247
885,500 526,458

BBX MANAGEMENT LIMITED (REGISTERED NUMBER: 09023465)

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

7. CURRENT ASSET INVESTMENTS
31/3/24 31/3/23
£    £   
Listed investments 25,466 24,220

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/3/24 31/3/23
£    £   
Trade creditors 621,003 615,292
VAT 13,561 -
Directors' current accounts 961 461
Accruals and deferred income 6,057 6,057
641,582 621,810

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31/3/24 31/3/23
£    £   
Bank loans due 1-2 years 38,968 44,414