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REGISTERED NUMBER: 10707923 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Fleet Business Improvement District
(BID) Company Ltd

Fleet Business Improvement District
(BID) Company Ltd (Registered number: 10707923)






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


Fleet Business Improvement District
(BID) Company Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: R J Schofield
T D Neale
M Guinea
S M Tilley
K M Whibley
S D Wood
J Forster
S Louange


REGISTERED OFFICE: Victoria House
c/o Kirk Rice LLP
178-180 Fleet Road
Fleet
Hampshire
GU51 4DA


REGISTERED NUMBER: 10707923 (England and Wales)


ACCOUNTANTS: Turner & Co
Chartered Accountants
10a White Hart Parade
London Road
Blackwater
Camberley
Surrey
GU17 9AD


BANKERS: Barclays Bank PLC
Basingstoke Branch
Market Place
Basingstoke
Hampshire

Fleet Business Improvement District
(BID) Company Ltd (Registered number: 10707923)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   
CURRENT ASSETS
Debtors 5 1,633 2,991
Cash at bank and in hand 123,392 127,024
125,025 130,015
CREDITORS
Amounts falling due within one year 6 9,109 36,664
NET CURRENT ASSETS 115,916 93,351
TOTAL ASSETS LESS CURRENT
LIABILITIES

115,916

93,351

RESERVES
Income and expenditure account 115,916 93,351
115,916 93,351

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 directors acknowledge their 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 surplus or deficit 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.

Fleet Business Improvement District
(BID) Company Ltd (Registered number: 10707923)

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 January 2025 and were signed on its behalf by:





T D Neale - Director


Fleet Business Improvement District
(BID) Company Ltd (Registered number: 10707923)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Fleet Business Improvement District (BID) Company Ltd is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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, including levy charges, excluding discounts, rebates, value added tax and any other sales tax.

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

Taxation
The company is not subject to corporation tax as it is a non-profit organisation.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 2,199
DEPRECIATION
At 1 April 2023
and 31 March 2024 2,199
NET BOOK VALUE
At 31 March 2024 -

Fleet Business Improvement District
(BID) Company Ltd (Registered number: 10707923)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.3.24 31.3.23
£    £   
Other debtors 1,633 2,991

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.3.24 31.3.23
£    £   
Trade creditors 3,819 8,946
Taxation and social security (4,698 ) 16,255
Other creditors 9,988 11,463
9,109 36,664

7. LIMITED BY GUARANTEE

Private company limited by guarantee without share capital.