BDS SOLUTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024
BDS Solutions Limited is a private company, limited by shares, registered in England and Wales. The company’s registered number and registered office address is Suite 1 40 Churchill Square, Kings Hill, West Malling, Kent, ME19 4YU.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
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The average monthly number of employees, including directors, during the period was 2 (2024 - 2).
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Allotted, called up and fully paid
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2 (2024 - 2) Ordinary shares of £1.00 each
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The immediate parent undertaking is Cloud 21 Limited. The ultimate beneficial owner of Cloud 21 Limited is Tegria Services Group Inc, by virtue of their majority shareholding.
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