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Company Registration No. 12545451 (England and Wales)
BX Technologies Limited Unaudited accounts for the year ended 31 December 2024
BX Technologies Limited Unaudited accounts Contents
Page
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BX Technologies Limited Company Information for the year ended 31 December 2024
Directors
Benjamin Nigel Harrison Bardsley Matthew Francis Anthony Isaacs
Company Number
12545451 (England and Wales)
Registered Office
BX Technologies Limited 128 City Road London London EC1V 2NX England
Accountants
Surrey Hills Accountancy Limited The Old Workshop Longfrey Cottage Dorking Road Chilworth GU4 8RH
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BX Technologies Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
8,896 
6,217 
Investments
5 
- 
8,901 
6,217 
Current assets
Debtors
356,856 
35,262 
Cash at bank and in hand
125,128 
211,373 
481,984 
246,635 
Creditors: amounts falling due within one year
(365,253)
(429,162)
Net current assets/(liabilities)
116,731 
(182,527)
Total assets less current liabilities
125,632 
(176,310)
Creditors: amounts falling due after more than one year
(2,872,153)
(551,541)
Net liabilities
(2,746,521)
(727,851)
Capital and reserves
Called up share capital
988 
701 
Share premium
3,971,610 
3,972,612 
Profit and loss account
(6,719,119)
(4,701,164)
Shareholders' funds
(2,746,521)
(727,851)
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 March 2025 and were signed on its behalf by
Benjamin Nigel Harrison Bardsley Director Company Registration No. 12545451
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BX Technologies Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
BX Technologies Limited is a private company, limited by shares, registered in England and Wales, registration number 12545451. The registered office is BX Technologies Limited, 128 City Road, London, London, EC1V 2NX, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
Straight Line Method - Useful Economic Life - 3 years
Fixtures & fittings
Straight Line Method - Useful Economic Life - 3 years
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
30,816 
- 
30,816 
Additions
7,179 
1,045 
8,224 
At 31 December 2024
37,995 
1,045 
39,040 
Depreciation
At 1 January 2024
24,599 
- 
24,599 
Charge for the year
5,313 
232 
5,545 
At 31 December 2024
29,912 
232 
30,144 
Net book value
At 31 December 2024
8,083 
813 
8,896 
At 31 December 2023
6,217 
- 
6,217 
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BX Technologies Limited Notes to the Accounts for the year ended 31 December 2024
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 January 2024
- 
Additions
5 
Valuation at 31 December 2024
5 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
21,728 
16,674 
Trade debtors
11,723 
- 
Accrued income and prepayments
- 
588 
Other debtors
- 
18,000 
33,451 
35,262 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
323,405 
- 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
28,470 
34,164 
Taxes and social security
297,503 
180,010 
Other creditors
12,364 
206,523 
Accruals
850 
1,900 
Deferred income
26,066 
6,565 
365,253 
429,162 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
2,872,153 
551,541 
9
Transactions with related parties
The company has taken advantage of the exemption available in FRS102 section 33.1A "Related Party Transactions" whereby it has not disclosed transactions that have taken place between two or more members of group, provided that any subsidiary which is a party to the transaction is wholly owned by such a member.
10
Average number of employees
During the year the average number of employees was 15 (2023: 12).
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