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Company Registration No. 05158941 (England and Wales)
Bam Limited Unaudited accounts for the year ended 30 June 2024
Bam Limited Unaudited accounts Contents
Page
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Bam Limited Company Information for the year ended 30 June 2024
Director
Martin Levinson
Company Number
05158941 (England and Wales)
Registered Office
1 Cobourg Place Old Town Hastings TN34 3HY
Accountants
Maiden Accountancy Services 95 Seaside Road Eastbourne East Sussex BN21 3PL
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Bam Limited Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
360,000 
360,000 
Current assets
Debtors
- 
1,000 
Cash at bank and in hand
109,528 
104,169 
109,528 
105,169 
Creditors: amounts falling due within one year
(86,167)
(88,265)
Net current assets
23,361 
16,904 
Total assets less current liabilities
383,361 
376,904 
Creditors: amounts falling due after more than one year
(209,500)
(209,500)
Provisions for liabilities
Deferred tax
(28,909)
(28,909)
Net assets
144,952 
138,495 
Capital and reserves
Called up share capital
1,000 
1,000 
Fair value reserve
115,635 
115,635 
Profit and loss account
28,317 
21,860 
Shareholders' funds
144,952 
138,495 
For the year ending 30 June 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 director acknowledges his 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 and authorised for issue on 26 March 2025 and were signed on its behalf by
Martin Levinson Director Company Registration No. 05158941
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Bam Limited Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Bam Limited is a private company, limited by shares, registered in England and Wales, registration number 05158941. The registered office is 1 Cobourg Place, Old Town, Hastings, TN34 3HY.
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:
4
Tangible fixed assets
Land & buildings 
£ 
Cost or valuation
At cost 
At 1 July 2023
360,000 
At 30 June 2024
360,000 
Depreciation
At 30 June 2024
- 
Net book value
At 30 June 2024
360,000 
At 30 June 2023
360,000 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
1,000 
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Bam Limited Notes to the Accounts for the year ended 30 June 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
3,500 
3,500 
Taxes and social security
1,515 
3,708 
Loans from directors
80,732 
80,732 
Accruals
420 
325 
86,167 
88,265 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
141,500 
141,500 
Other creditors
68,000 
68,000 
209,500 
209,500 
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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