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REGISTERED NUMBER: 04875903 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

BDS COMPUTERS LIMITED

BDS COMPUTERS LIMITED (REGISTERED NUMBER: 04875903)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BDS COMPUTERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: J D Richards





REGISTERED OFFICE: Ashgrove Main Street
Grove
Wantage
Oxfordshire
OX12 7JT





REGISTERED NUMBER: 04875903 (England and Wales)

BDS COMPUTERS LIMITED (REGISTERED NUMBER: 04875903)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 475

CURRENT ASSETS
Stocks 16,086 18,578
Debtors 5 54,371 48,680
Cash at bank 29,845 143,760
100,302 211,018
CREDITORS
Amounts falling due within one year 6 16,108 127,939
NET CURRENT ASSETS 84,194 83,079
TOTAL ASSETS LESS CURRENT
LIABILITIES

84,194

83,554

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 83,194 82,554
SHAREHOLDERS' FUNDS 84,194 83,554

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

BDS COMPUTERS LIMITED (REGISTERED NUMBER: 04875903)

BALANCE SHEET - continued
31 MARCH 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 Profit and Loss has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 March 2025 and were signed by:





J D Richards - Director


BDS COMPUTERS LIMITED (REGISTERED NUMBER: 04875903)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

BDS Computers Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 04875903 and registered office address is Ashgrove Main Street, Grove, Wantage, Oxfordshire OX12 7JT.

The company is a subsidiary undertaking of Precision Peripherals Limited, a limited company registered in England and Wales.

The principal activity of the company in the year under review was that of selling and hiring computer printers and micro computer systems.

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.

The presentation currency of the financial statements is the Pound Sterling (£).

Going Concern
The director is not aware of any material uncertainties that may cast significant doubt over the ability of the company to continue trading. The preparation of the financial statements on the going concern basis is therefore deemed appropriate.

Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents the amount receivable for goods and services rendered, net of discounts and rebates allowed by the company and excluding value added tax or any other sales tax, having regard to the fulfilment of contractual obligations.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Depreciation on tangible fixed assets is charged to profit or loss so as to write off their value, over their estimated useful lives, as below:


Plant and machinery etc - 33.3% on straight line
Fixture and Fittings - 25% on reducing balance

At each reporting date, the company reviews the carrying amounts of its tangible fixed assets to determine whether there is any indication of impairment. Any impairment is charged to profit or loss.

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


BDS COMPUTERS LIMITED (REGISTERED NUMBER: 04875903)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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.

Financial assets and liabilities
Trade and other debtors are initially recognised at transaction
price and are subsequently remeasured to amortised cost using
the effective interest method, less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

Loans receivable are measured initially at fair value, net of transaction costs, and non-current loans receivable are subsequently remeasured to amortised cost using the effective interest method, less any impairment.

Cash and cash equivalents comprise cash at bank and in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less and
bank overdrafts. Bank overdrafts, when applicable, are shown within current liabilities.

Trade and other creditors are initially recognised at transaction price and are subsequently remeasured to amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

Loans payable are measured initially at fair value, net of transaction costs, and non-current loans payable are subsequently remeasured to amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

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

BDS COMPUTERS LIMITED (REGISTERED NUMBER: 04875903)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 109,868 5,131 114,999
DEPRECIATION
At 1 April 2023 109,393 5,131 114,524
Charge for year 475 - 475
At 31 March 2024 109,868 5,131 114,999
NET BOOK VALUE
At 31 March 2024 - - -
At 31 March 2023 475 - 475

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 24,428 48,680
Amounts owed by group undertakings 29,439 -
Other debtors 504 -
54,371 48,680

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 9,311 4,283
Amounts owed to group undertakings - 107,700
Taxation and social security - 13,124
Other creditors 6,797 2,832
16,108 127,939