B & G CONTRACTS LIMITED

Company Registration Number:
SC254571 (Scotland)

Unaudited abridged accounts for the year ended 30 March 2024

Period of accounts

Start date: 31 March 2023

End date: 30 March 2024

B & G CONTRACTS LIMITED

Contents of the Financial Statements

for the Period Ended 30 March 2024

Balance sheet
Notes

B & G CONTRACTS LIMITED

Balance sheet

As at 30 March 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 596,925 565,793
Tangible assets: 4 462,185 124,601
Total fixed assets: 1,059,110 690,394
Current assets
Debtors:   547,399 385,823
Cash at bank and in hand: 351,954 479,464
Total current assets: 899,353 865,287
Creditors: amounts falling due within one year:   (787,272) (341,765)
Net current assets (liabilities): 112,081 523,522
Total assets less current liabilities: 1,171,191 1,213,916
Creditors: amounts falling due after more than one year:   (355,565) (222,386)
Total net assets (liabilities): 815,626 991,530
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 815,526 991,430
Shareholders funds: 815,626 991,530

The notes form part of these financial statements

B & G CONTRACTS LIMITED

Balance sheet statements

For the year ending 30 March 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 March 2025
and signed on behalf of the board by:

Name: R Gilmour
Status: Director

The notes form part of these financial statements

B & G CONTRACTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

B & G CONTRACTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2024

2. Employees

2024 2023
Average number of employees during the period 17 17

B & G CONTRACTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2024

3. Intangible Assets

Total
Cost £
At 31 March 2023 863,201
Additions 75,000
At 30 March 2024 938,201
Amortisation
At 31 March 2023 297,408
Charge for year 43,868
At 30 March 2024 341,276
Net book value
At 30 March 2024 596,925
At 30 March 2023 565,793

B & G CONTRACTS LIMITED

Notes to the Financial Statements

for the Period Ended 30 March 2024

4. Tangible Assets

Total
Cost £
At 31 March 2023 414,467
Additions 511,373
Disposals (11,992)
At 30 March 2024 913,848
Depreciation
At 31 March 2023 289,866
Charge for year 161,797
At 30 March 2024 451,663
Net book value
At 30 March 2024 462,185
At 30 March 2023 124,601