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REGISTERED NUMBER: 12810339 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2024

FOR

BIRMINGHAM BOND LIMITED

BIRMINGHAM BOND LIMITED (REGISTERED NUMBER: 12810339)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


BIRMINGHAM BOND LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: R Khangure





REGISTERED OFFICE: BB House
Halfords Lane
Smethwick
West Midlands
B66 1BU





REGISTERED NUMBER: 12810339 (England and Wales)





ACCOUNTANTS: Crombies Accountants Limited
Chartered Accountants
34 Waterloo Road
Wolverhampton
West Midlands
WV1 4DG

BIRMINGHAM BOND LIMITED (REGISTERED NUMBER: 12810339)

STATEMENT OF FINANCIAL POSITION
31 AUGUST 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 237,349 81,088

CURRENT ASSETS
Stocks - 11,000
Debtors 5 1,665,086 995,163
Prepayments and accrued income 242,115 221,486
Cash at bank and in hand 1,588,869 1,107,414
3,496,070 2,335,063
CREDITORS
Amounts falling due within one year 6 2,171,156 1,339,969
NET CURRENT ASSETS 1,324,914 995,094
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,562,263

1,076,182

PROVISIONS FOR LIABILITIES 7 59,337 17,434
NET ASSETS 1,502,926 1,058,748

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 1,502,626 1,058,448
SHAREHOLDERS' FUNDS 1,502,926 1,058,748

BIRMINGHAM BOND LIMITED (REGISTERED NUMBER: 12810339)

STATEMENT OF FINANCIAL POSITION - continued
31 AUGUST 2024


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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

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 21 January 2025 and were signed by:





R Khangure - Director


BIRMINGHAM BOND LIMITED (REGISTERED NUMBER: 12810339)

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

1. STATUTORY INFORMATION

Birmingham Bond 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33.3% on cost, 25% on cost and 20% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 65 (2023 - 60 ) .

BIRMINGHAM BOND LIMITED (REGISTERED NUMBER: 12810339)

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

4. TANGIBLE FIXED ASSETS
Fixtures
Long Plant and and Computer
leasehold machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 September 2023 - 115,369 61,963 17,601 194,933
Additions 172,999 2,243 22,225 1,062 198,529
At 31 August 2024 172,999 117,612 84,188 18,663 393,462
DEPRECIATION
At 1 September 2023 - 60,339 39,504 14,002 113,845
Charge for year - 23,298 16,265 2,705 42,268
At 31 August 2024 - 83,637 55,769 16,707 156,113
NET BOOK VALUE
At 31 August 2024 172,999 33,975 28,419 1,956 237,349
At 31 August 2023 - 55,030 22,459 3,599 81,088

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,294,742 634,659
Other debtors 370,344 360,504
1,665,086 995,163

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,139,604 499,962
Taxation and social security 245,267 123,588
Other creditors 786,285 716,419
2,171,156 1,339,969

7. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 59,337 17,434

Deferred
tax
£   
Balance at 1 September 2023 17,434
Balance at 31 August 2024 17,434