BCF Capital Limited 3638365 false 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is that of an investment company. Digita Accounts Production Advanced 6.30.9574.0 true true 3638365 2023-07-01 2024-06-30 3638365 2024-06-30 3638365 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 3638365 bus:SmallEntities 2023-07-01 2024-06-30 3638365 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 3638365 bus:FilletedAccounts 2023-07-01 2024-06-30 3638365 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 3638365 bus:RegisteredOffice 2023-07-01 2024-06-30 3638365 bus:Director5 2023-07-01 2024-06-30 3638365 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 3638365 countries:England 2023-07-01 2024-06-30 3638365 2022-07-01 2023-06-30 3638365 2023-06-30 3638365 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 iso4217:GBP xbrli:pure

Registration number: 3638365

BCF Capital Limited

Unaudited Financial Statements

for the Year Ended 30 June 2024

 

BCF Capital Limited

Contents

Statement of Financial Position

1 to 2

Notes to the Unaudited Financial Statements

3 to 4

 

BCF Capital Limited

(Registration number: 3638365)
Statement of Financial Position as at 30 June 2024

Note

2024
£

2023
£

Fixed assets

 

Other financial assets

4

1,810,169

2,179,072

Current assets

 

Cash at bank and in hand

 

373,376

154,466

Creditors: Amounts falling due within one year

5

(1,300)

(2,300)

Net current assets

 

372,076

152,166

Total assets less current liabilities

 

2,182,245

2,331,238

Provisions for liabilities

(138,905)

(212,685)

Net assets

 

2,043,340

2,118,553

Capital and reserves

 

Called up share capital

1,065,002

1,065,002

Fair value reserve

499,866

794,989

Retained earnings

478,472

258,562

Shareholders' funds

 

2,043,340

2,118,553

For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

 

BCF Capital Limited

(Registration number: 3638365)
Statement of Financial Position as at 30 June 2024

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.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 21 January 2025 and signed on its behalf by:
 

.........................................
Mr E G Jenkins
Director

   
     
 

BCF Capital Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
111 Piccadilly
Manchester
M1 2HY

These financial statements were authorised for issue by the Board on 21 January 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

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.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change 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.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

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.

 

BCF Capital Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 0 (2023 - 2).

4

Other financial assets (current and non-current)

Financial assets at fair value through profit and loss
£

Total
£

Non-current financial assets

Cost or valuation

At 1 July 2023

2,179,072

2,179,072

Fair value adjustments

(368,903)

(368,903)

At 30 June 2024

1,810,169

1,810,169

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Accruals and deferred income

1,300

2,300