5 01/02/2023 31/01/2024 2024-01-31 false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2023-02-01 Sage Accounts Production 23.1 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP NI643830 2023-02-01 2024-01-31 NI643830 2024-01-31 NI643830 2023-01-31 NI643830 2022-02-01 2023-01-31 NI643830 2023-01-31 NI643830 2022-01-31 NI643830 bus:RegisteredOffice 2023-02-01 2024-01-31 NI643830 bus:LeadAgentIfApplicable 2023-02-01 2024-01-31 NI643830 bus:Director1 2023-02-01 2024-01-31 NI643830 bus:Director3 2023-02-01 2024-01-31 NI643830 core:WithinOneYear 2024-01-31 NI643830 core:WithinOneYear 2023-01-31 NI643830 bus:Director1 2023-01-31 NI643830 bus:Director1 2024-01-31 NI643830 bus:Director1 2022-01-31 NI643830 bus:Director1 2023-01-31 NI643830 bus:Micro-entities 2023-02-01 2024-01-31 NI643830 bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 NI643830 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 NI643830 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 NI643830 bus:FullAccounts 2023-02-01 2024-01-31
Company registration number: NI643830
B & S Tool Supplies Ltd
Unaudited filleted financial statements
31 January 2024
B & S Tool Supplies Ltd
Contents
Directors and other information
Statement of financial position and notes to the financial statements
B & S Tool Supplies Ltd
Directors and other information
Directors Mr Peter Speirs
Mrs Shauna Speirs
Company number NI643830
Registered office 84-86 Rainey Street
Magherafelt
Derry
BT45 5AH
Bankers Bank of Ireland
Market Street
Magherafelt
BT45 6EE
B & S Tool Supplies Ltd
Statement of financial position
31 January 2024
2024 2023
£ £ £ £
Fixed assets 31,784 37,856
_______ _______
Current assets 427,508 297,603
Prepayments and accrued income 994 192
_______ _______
428,502 297,795
Creditors: amounts falling due within one year ( 220,712) ( 202,698)
_______ _______
Net current assets 207,790 95,097
_______ _______
Total assets less current liabilities 239,574 132,953
Accruals and deferred income ( 3,500) ( 4,462)
_______ _______
Net assets 236,074 128,491
_______ _______
Capital and reserves 236,074 128,491
_______ _______
B & S Tool Supplies Ltd
Year ended 31 January 2024
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 5 (2023: 4 ).
2. Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2024
Balance brought forward Amounts repaid Balance o/standing
£ £ £
Mr Peter Speirs ( 108,448) 3,927 ( 104,521)
_______ _______ _______
2023
Balance brought forward Amounts repaid Balance o/standing
£ £ £
Mr Peter Speirs ( 108,448) - ( 108,448)
_______ _______ _______
Included in creditors is a loan from the director Peter Speirs. It is an interest free loan and repayable on demand. The balance owed to Peter Speirs at 31 Jan 2024 was £104,520. (31 Jan 23 £108,448).
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 22 October 2024 , and are signed on behalf of the board by:
Mr Peter Speirs
Director
Company registration number: NI643830
The company is a private company limited by shares, registered in N.Ireland.