Registration number:
BDF Brilliant Bikers Ltd
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BDF Brilliant Bikers Ltd
Contents
Company Information |
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Statement of Financial Position |
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Notes to the Unaudited Financial Statements |
BDF Brilliant Bikers Ltd
Company Information
Directors |
D Joshi T L Stogdon |
Registered office |
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Accountants |
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BDF Brilliant Bikers Ltd
Statement of Financial Position as at 30 September 2024
Note |
2024 |
2023 |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
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Net liabilities |
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Capital and reserves |
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Called up share capital |
100 |
100 |
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Retained earnings |
(79,303) |
(2,400) |
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Shareholders' deficit |
(79,203) |
(2,300) |
For the financial period ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Statement of Income and Retained Earnings has been taken.
Approved and authorised by the
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D Joshi
Director
Company registration number: 14800841
BDF Brilliant Bikers Ltd
Notes to the Unaudited Financial Statements for the Period from 1 January 2024 to 30 September 2024
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
The principal activity of the company is that of the production of television programmes.
Accounting policies |
Statement of compliance
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' Section 1A and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.
Summary of significant accounting policies
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Disclosure of long or short period
Going concern
The company had net liabilities of £79,203 at 30 September 2024 and at that date an amount of £362,466 was due to the parent company which has pledged not to call on these amounts until such time as the company has sufficient working capital, and to support the company with further working capital if necessary.
The directors have considered the current state of the industry in which they operate and have options for various projects beyond the completion of current work. In the meantime the company has limited overheads that the directors are able to control if required.
On the basis of the above, and after making enquiries, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the directors continue to adopt the going concern basis in preparing the financial statements.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company's activities. Turnover is shown net of sales/value added tax, rebates and
discounts.
The company recognises turnover from the production and distribution of television programmes based on the contractual stage of completion.
BDF Brilliant Bikers Ltd
Notes to the Unaudited Financial Statements for the Period from 1 January 2024 to 30 September 2024
Tax
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.
Cash and cash equivalents
Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.
Share capital
Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.
Staff numbers |
The average number of persons employed by the company during the period, was
Debtors |
2024 |
2023 |
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Other debtors |
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Creditors |
Creditors: amounts falling due within one year
2024 |
2023 |
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Trade creditors |
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Amounts owed to group undertakings |
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Accruals and deferred income |
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Related party transactions |
Transactions related to the production of the children's TV programme "Bikers" arose on an arm's-length basis in the normal course of business. No transactions with related parties were undertaken that are required to be disclosed under FRS102 Paragraph 1AC. 35.