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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
Page
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BFS ACCOUNTANTS LTD Company Information for the year ended 30 November 2023
Director
Craig Benford
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
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BFS ACCOUNTANTS LTD Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
248,114 
305,564 
Current assets
Inventories
(40,000)
- 
Debtors
34,026 
111,925 
Cash at bank and in hand
(19,433)
(27,457)
(25,407)
84,468 
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)
Net assets
18,470 
8,469 
Capital and reserves
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
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BFS ACCOUNTANTS LTD Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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 
Depreciation
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 
Net book value
At 30 November 2023
15,962 
232,152 
248,114 
At 30 November 2022
19,622 
285,942 
305,564 
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BFS ACCOUNTANTS LTD Notes to the Accounts for the year ended 30 November 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
26,151 
36,200 
Other debtors
7,875 
75,725 
34,026 
111,925 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
17,314 
12,560 
VAT
43,781 
55,894 
Obligations under finance leases and hire purchase contracts
202,250 
59,221 
Trade creditors
2,155 
- 
Taxes and social security
97,811 
83,635 
Other creditors
31 
- 
Loans from directors
(74,799)
62,963 
288,543 
274,273 
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 
(84,306)
107,290 
8
Share capital
2023 
2022 
£ 
£ 
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).
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