Company Registration No. 7446657 (England and Wales)
BFS ACCOUNTANTS LTD
Unaudited accounts
for the year ended 30 November 2023
BFS ACCOUNTANTS LTD
Unaudited accounts
Contents
BFS ACCOUNTANTS LTD
Company Information
for the year ended 30 November 2023
Company Number
7446657 (England and Wales)
Registered Office
The Willows
Southwell Road West
Mansfield
Nottinghamshire
NG21 0HJ
Accountants
BFS Accountants Ltd
Ransom Hall, Ransom Wood Business Park
Southwell Road West
Mansfield
Nottinghamshire
NG21 0HJ
BFS ACCOUNTANTS LTD
Statement of financial position
as at 30 November 2023
Tangible assets
248,114
305,564
Cash at bank and in hand
(19,433)
(27,457)
Creditors: amounts falling due within one year
(288,543)
(274,273)
Net current liabilities
(313,950)
(189,805)
Total assets less current liabilities
(65,836)
115,759
Creditors: amounts falling due after more than one year
84,306
(107,290)
Called up share capital
100
100
Profit and loss account
18,370
8,369
Shareholders' funds
18,470
8,469
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 13 February 2025 and were signed on its behalf by
Craig Benford
Director
Company Registration No. 7446657
BFS ACCOUNTANTS LTD
Notes to the Accounts
for the year ended 30 November 2023
BFS ACCOUNTANTS LTD is a private company, limited by shares, registered in England and Wales, registration number 7446657. The registered office is The Willows, Southwell Road West, Mansfield, Nottinghamshire, NG21 0HJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 December 2022
30,748
310,290
341,038
Disposals
-
(65,290)
(65,290)
At 30 November 2023
30,748
245,000
275,748
At 1 December 2022
11,126
24,348
35,474
Charge for the year
3,660
-
3,660
On disposals
-
(11,500)
(11,500)
At 30 November 2023
14,786
12,848
27,634
At 30 November 2023
15,962
232,152
248,114
At 30 November 2022
19,622
285,942
305,564
BFS ACCOUNTANTS LTD
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
Trade debtors
26,151
36,200
Other debtors
7,875
75,725
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
17,314
12,560
Obligations under finance leases and hire purchase contracts
202,250
59,221
Taxes and social security
97,811
83,635
Loans from directors
(74,799)
62,963
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
(84,306)
(84,306)
Obligations under finance leases and hire purchase contracts
-
191,596
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 12 (2022: 12).