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REGISTERED NUMBER: 03808400 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

BOURSE COMPANY SERVICES LIMITED

BOURSE COMPANY SERVICES LIMITED (REGISTERED NUMBER: 03808400)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BOURSE COMPANY SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTOR: T P Russell





SECRETARY: Bristol Legal Services Ltd





REGISTERED OFFICE: St Brandon's House
29 Great George Street
Bristol
BS1 5QT





REGISTERED NUMBER: 03808400 (England and Wales)





ACCOUNTANTS: Lawes & Co
Boyce's Building
40-42 Regent Street
Clifton
Bristol
BS8 4HU

BOURSE COMPANY SERVICES LIMITED (REGISTERED NUMBER: 03808400)

BALANCE SHEET
31 MAY 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,040 896
1,040 896

CURRENT ASSETS
Debtors 6 14,436 9,323
Cash at bank 56,048 75,895
70,484 85,218
CREDITORS
Amounts falling due within one year 7 70,694 85,060
NET CURRENT (LIABILITIES)/ASSETS (210 ) 158
TOTAL ASSETS LESS CURRENT
LIABILITIES

830

1,054

PROVISIONS FOR LIABILITIES 8 260 170
NET ASSETS 570 884

CAPITAL AND RESERVES
Called up share capital 9 4 4
Retained earnings 566 880
SHAREHOLDERS' FUNDS 570 884

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

BOURSE COMPANY SERVICES LIMITED (REGISTERED NUMBER: 03808400)

BALANCE SHEET - continued
31 MAY 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 by the director and authorised for issue on 31 January 2025 and were signed by:





T P Russell - Director


BOURSE COMPANY SERVICES LIMITED (REGISTERED NUMBER: 03808400)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1. STATUTORY INFORMATION

Bourse Company Services 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.

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 represents net invoiced sales of goods and services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, has been fully amortised.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

BOURSE COMPANY SERVICES LIMITED (REGISTERED NUMBER: 03808400)

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

2. ACCOUNTING POLICIES - continued

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.

Operating lease income
Operating lease rentals are recognised in other income on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2023
and 31 May 2024 75,000
AMORTISATION
At 1 June 2023
and 31 May 2024 75,000
NET BOOK VALUE
At 31 May 2024 -
At 31 May 2023 -

BOURSE COMPANY SERVICES LIMITED (REGISTERED NUMBER: 03808400)

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

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 June 2023 - 2,745 2,745
Additions 200 291 491
At 31 May 2024 200 3,036 3,236
DEPRECIATION
At 1 June 2023 - 1,849 1,849
Charge for year 50 297 347
At 31 May 2024 50 2,146 2,196
NET BOOK VALUE
At 31 May 2024 150 890 1,040
At 31 May 2023 - 896 896

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 12,913 7,649
Other debtors 1,523 1,674
14,436 9,323

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade creditors 9,579 4,382
Taxation and social security 14,210 15,523
Other creditors 46,905 65,155
70,694 85,060

8. PROVISIONS FOR LIABILITIES
31.5.24 31.5.23
£    £   
Deferred tax 260 170

BOURSE COMPANY SERVICES LIMITED (REGISTERED NUMBER: 03808400)

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

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 June 2023 170
Accelerated capital allowances 90
Balance at 31 May 2024 260

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.24 31.5.23
value: £    £   
2 Ordinary 'A' £1 2 2
1 Ordinary 'B' £1 1 1
1 Ordinary 'C' £1 1 1
4 4

10. RELATED PARTY DISCLOSURES

The director maintains an interest free loan account with the company. At the balance sheet date, the company owed £42,963 (2023: £61,574).

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is T P Russell.