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COMPANY REGISTRATION NUMBER: NI622685
Business First Network Ltd
Filleted Unaudited Financial Statements
29 February 2024
Business First Network Ltd
Statement of Financial Position
29 February 2024
2024
2023
£
£
Current assets
94,083
70,015
Prepayments and accrued income
3,633
3,633
--------
--------
97,716
73,648
Creditors: amounts falling due within one year
31,526
23,277
--------
--------
Net current assets
66,190
50,371
--------
--------
Total assets less current liabilities
66,190
50,371
Accruals and deferred income
10,295
10,295
--------
--------
55,895
40,076
--------
--------
Capital and reserves
55,895
40,076
--------
--------
Notes to the financial statements
1. Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2024
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
Mr M Osborne
6,100
91,851
( 25,243)
72,708
-------
--------
--------
--------
2023
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
Mr M Osborne
( 831)
28,326
( 21,395)
6,100
----
--------
--------
-------
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 27 February 2025 , and are signed on behalf of the board by:
Mr M Osborne
Director
Company registration number: NI622685
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 124a Castlereagh Street, Belfast, BT5 4NL.