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REGISTERED NUMBER: 09992762 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

2B DEVELOPMENTS LIMITED

2B DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09992762)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


2B DEVELOPMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: J Bethell





REGISTERED OFFICE: Victoria House
26 Queen Victoria Street
Reading
Berkshire
RG1 1TG





REGISTERED NUMBER: 09992762 (England and Wales)

2B DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09992762)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,335 2,651

CURRENT ASSETS
Stocks 311,397 243,871
Debtors 5 257,499 235,679
Cash at bank 4,595 373,636
573,491 853,186
CREDITORS
Amounts falling due within one year 6 9,316 193,321
NET CURRENT ASSETS 564,175 659,865
TOTAL ASSETS LESS CURRENT
LIABILITIES

567,510

662,516

CAPITAL AND RESERVES
Called up share capital 75 100
Capital redemption reserve 25 -
Retained earnings 567,410 662,416
567,510 662,516

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

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

2B DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09992762)

BALANCE SHEET - continued
31 MARCH 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 February 2025 and were signed by:





J Bethell - Director


2B DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09992762)

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

1. STATUTORY INFORMATION

2B Developments Limited is registered in England and Wales. The company's registered number is 09992762 and the registered office is Victoria House, 26 Queen Victoria Street, Reading, Berkshire RG1 1TG.

The principal activity of the company is the development of building projects.

The presentation currency of the financial statements is the 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 - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, and loans to related parties.

Short term debtors are measured at transaction price, less any impairment. Short term creditors are measured at transaction price.

Taxation
Taxation for the year comprises current tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

3. EMPLOYEES AND DIRECTORS

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

2B DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09992762)

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

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 April 2023 6,000 4,528 10,528
Additions - 2,287 2,287
At 31 March 2024 6,000 6,815 12,815
DEPRECIATION
At 1 April 2023 6,000 1,877 7,877
Charge for year - 1,603 1,603
At 31 March 2024 6,000 3,480 9,480
NET BOOK VALUE
At 31 March 2024 - 3,335 3,335
At 31 March 2023 - 2,651 2,651

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors - 678
Amounts owed by group undertakings 220,000 -
Other debtors 37,499 235,001
257,499 235,679

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 670 188
Tax - 186,350
Social security and other taxes 526 524
Net wages 3,304 -
Other creditors - 4,279
Accruals and deferred income 4,816 1,980
9,316 193,321

2B DEVELOPMENTS LIMITED (REGISTERED NUMBER: 09992762)

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

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
J Bethell
Balance outstanding at start of year 204,423 -
Amounts advanced 18,000 204,423
Amounts repaid (210,814 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 11,609 204,423