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REGISTERED NUMBER: 10427418 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 October 2024

for

BBL (Investments) Limited

BBL (Investments) Limited (Registered number: 10427418)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BBL (Investments) Limited

Company Information
for the Year Ended 31 October 2024







DIRECTORS: Mr R W Jefferson
Mrs B Jefferson
Mr L Jefferson





SECRETARY: Mr L Jefferson





REGISTERED OFFICE: 19 Castlereagh
Wynyard
Billingham
TS22 5QF





REGISTERED NUMBER: 10427418 (England and Wales)





ACCOUNTANTS: Evelyn Partners
17 Queens Lane
Newcastle upon Tyne
Tyne and Wear
NE1 1RN

BBL (Investments) Limited (Registered number: 10427418)

Balance Sheet
31 October 2024

2024 2023
Notes £    £   
FIXED ASSETS
Investments 5 300,800 268,440

CURRENT ASSETS
Debtors 6 336 -
Cash at bank 3,793 11,482
4,129 11,482
CREDITORS
Amounts falling due within one year 7 (2,960 ) (42,811 )
NET CURRENT ASSETS/(LIABILITIES) 1,169 (31,329 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

301,969

237,111

CAPITAL AND RESERVES
Called up share capital 100 100
Profit and loss account 301,869 237,011
SHAREHOLDERS' FUNDS 301,969 237,111

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 March 2025 and were signed on its behalf by:





Mr R W Jefferson - Director


BBL (Investments) Limited (Registered number: 10427418)

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

1. STATUTORY INFORMATION

BBL (Investments) 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Financial instruments
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties, loans to related parties and investments on non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Fixed asset investments
Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit and loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

The fair values of investments held at fair value through profit and loss at the balance sheet date are determined using quoted prices and available market data.

Impairment of assets
At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in profit or loss.

If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.

Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments.

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 and other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Current and deferred tax assets and liabilities are not discounted.

4. EMPLOYEES AND DIRECTORS

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

BBL (Investments) Limited (Registered number: 10427418)

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

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 November 2023 268,440
Additions 1,962
Disposals (31,384 )
Fair value movements 61,782
At 31 October 2024 300,800
NET BOOK VALUE
At 31 October 2024 300,800
At 31 October 2023 268,440


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 336 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 80 3,591
Other creditors 2,880 39,220
2,960 42,811

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2024 and 31 October 2023:

2024 2023
£    £   
Mr R W Jefferson
Balance outstanding at start of year - -
Amounts advanced 336 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 336 -

The above loan is interest free, repayable on demand and unsecured.