IRIS Accounts Production v24.3.2.46 04584200 Board of Directors 1.10.23 30.9.24 30.9.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh045842002023-09-30045842002024-09-30045842002023-10-012024-09-30045842002022-09-30045842002022-10-012023-09-30045842002023-09-3004584200ns15:EnglandWales2023-10-012024-09-3004584200ns14:PoundSterling2023-10-012024-09-3004584200ns10:Director12023-10-012024-09-3004584200ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3004584200ns10:SmallEntities2023-10-012024-09-3004584200ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3004584200ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3004584200ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3004584200ns10:FullAccounts2023-10-012024-09-3004584200ns10:OrdinaryShareClass12023-10-012024-09-3004584200ns10:Director22023-10-012024-09-3004584200ns10:CompanySecretary12023-10-012024-09-3004584200ns10:RegisteredOffice2023-10-012024-09-3004584200ns5:CurrentFinancialInstruments2024-09-3004584200ns5:CurrentFinancialInstruments2023-09-3004584200ns5:ShareCapital2024-09-3004584200ns5:ShareCapital2023-09-3004584200ns5:RetainedEarningsAccumulatedLosses2024-09-3004584200ns5:RetainedEarningsAccumulatedLosses2023-09-3004584200ns5:LeaseholdImprovements2023-10-012024-09-3004584200ns5:FurnitureFittings2023-10-012024-09-3004584200ns5:LeaseholdImprovements2023-09-3004584200ns5:FurnitureFittings2023-09-3004584200ns5:LeaseholdImprovements2024-09-3004584200ns5:FurnitureFittings2024-09-3004584200ns5:LeaseholdImprovements2023-09-3004584200ns5:FurnitureFittings2023-09-3004584200ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3004584200ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3004584200ns10:OrdinaryShareClass12024-09-30
REGISTERED NUMBER: 04584200 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

BB STAMPS LIMITED

BB STAMPS LIMITED (REGISTERED NUMBER: 04584200)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BB STAMPS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTORS: B Bayford
Mrs L Bayford





SECRETARY: Mrs L Bayford





REGISTERED OFFICE: South Stour Offices
Roman Road
Mersham
Ashford
Kent
TN25 7HS





REGISTERED NUMBER: 04584200 (England and Wales)





ACCOUNTANTS: Cassidys Chartered Accountants
South Stour Offices
South Stour Road
Mersham
Ashford
Kent
TN25 7HS

BB STAMPS LIMITED (REGISTERED NUMBER: 04584200)

BALANCE SHEET
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,320 25,721

CURRENT ASSETS
Stocks 761,921 818,473
Debtors 5 40,420 76,009
Cash at bank 546,386 650,822
1,348,727 1,545,304
CREDITORS
Amounts falling due within one year 6 57,753 189,904
NET CURRENT ASSETS 1,290,974 1,355,400
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,311,294

1,381,121

PROVISIONS FOR LIABILITIES 4,826 5,265
NET ASSETS 1,306,468 1,375,856

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 1,306,368 1,375,756
SHAREHOLDERS' FUNDS 1,306,468 1,375,856

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 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.

BB STAMPS LIMITED (REGISTERED NUMBER: 04584200)

BALANCE SHEET - continued
30 SEPTEMBER 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 19 March 2025 and were signed on its behalf by:





B Bayford - Director


BB STAMPS LIMITED (REGISTERED NUMBER: 04584200)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024


1. STATUTORY INFORMATION

BB Stamps 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.
Improvements to property - 20% on cost
Fixtures and fittings - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

BB STAMPS LIMITED (REGISTERED NUMBER: 04584200)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


2. ACCOUNTING POLICIES - continued

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 5 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and
property fittings Totals
£    £    £   
COST
At 1 October 2023 56,752 29,976 86,728
Additions - 389 389
At 30 September 2024 56,752 30,365 87,117
DEPRECIATION
At 1 October 2023 41,877 19,130 61,007
Charge for year 2,975 2,815 5,790
At 30 September 2024 44,852 21,945 66,797
NET BOOK VALUE
At 30 September 2024 11,900 8,420 20,320
At 30 September 2023 14,875 10,846 25,721

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 19,379 64,720
Other debtors 21,041 11,289
40,420 76,009

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 7,433 141,235
Taxation and social security 37,396 28,086
Other creditors 12,924 20,583
57,753 189,904

BB STAMPS LIMITED (REGISTERED NUMBER: 04584200)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024


7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
100 Ordinary £1 100 100

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £126,500 (2023 - £126,500) were paid to the directors .

Mr B Bayford and Mrs L Bayford - Directors and Shareholders

At the balance sheet date BB Stamps Ltd owed Mr and Mrs Bayford £4,462 (2023: £4,301).