REGISTERED NUMBER: |
B & T REWINDS (HOLDINGS) 2011 LIMITED |
Unaudited Financial Statements for the Year Ended 31 May 2024 |
REGISTERED NUMBER: |
B & T REWINDS (HOLDINGS) 2011 LIMITED |
Unaudited Financial Statements for the Year Ended 31 May 2024 |
B & T REWINDS (HOLDINGS) 2011 LIMITED (REGISTERED NUMBER: 07831156) |
Contents of the Financial Statements |
for the year ended 31 May 2024 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 3 | to | 4 |
B & T REWINDS (HOLDINGS) 2011 LIMITED |
Company Information |
for the year ended 31 May 2024 |
Directors: |
Registered office: |
Registered number: |
Accountants: |
CUBO Birmingham |
4th Floor |
Two Chamberlain Square |
Birmingham |
West Midlands |
B3 3AX |
Bankers: |
Leicester |
LE87 2BB |
B & T REWINDS (HOLDINGS) 2011 LIMITED (REGISTERED NUMBER: 07831156) |
Statement of Financial Position |
31 May 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
Fixed assets |
Investments | 4 |
Current assets |
Debtors | 5 |
Cash at bank |
Creditors |
Amounts falling due within one year | 6 |
Net current liabilities | ( |
) | ( |
) |
Total assets less current liabilities |
Capital and reserves |
Called up share capital | 7 |
Retained earnings |
Shareholders' funds |
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 were approved by the Board of Directors and authorised for issue on |
B & T REWINDS (HOLDINGS) 2011 LIMITED (REGISTERED NUMBER: 07831156) |
Notes to the Financial Statements |
for the year ended 31 May 2024 |
1. | Statutory information |
B & T Rewinds 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. |
2. | Accounting policies |
Basis of preparing the financial statements |
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. |
Consolidation |
In the opinion of the directors, the company and its subsidiary undertakings comprise a small group. The company has therefore taken advantage of the exemption provided by Section 398 of the Companies Act 2006 not to prepare group accounts. |
Financial instruments |
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. |
Debtors and creditors receivable / payable within one year |
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. |
Investments |
Investments in group undertakings are stated at cost less any provision for permenant diminution in value. |
3. | Employees and directors |
The average number of employees during the year was |
4. | Fixed asset investments |
Shares in |
group |
undertakings |
£ |
Cost |
At 1 June 2023 |
and 31 May 2024 |
Net book value |
At 31 May 2024 |
At 31 May 2023 |
The company's investments at the Statement of Financial Position date in the share capital of companies include the following: |
Registered office: 134 Brearley Street, Hockley, Birmingham, West Midlands, B19 3XJ |
Nature of business: |
% |
Class of shares: | holding |
B & T REWINDS (HOLDINGS) 2011 LIMITED (REGISTERED NUMBER: 07831156) |
Notes to the Financial Statements - continued |
for the year ended 31 May 2024 |
4. | Fixed asset investments - continued |
Registered office: 134 Brearley Street, Hockley, Birmingham, West Midlands, B19 3XJ |
Nature of business: |
% |
Class of shares: | holding |
5. | Debtors: amounts falling due within one year |
2024 | 2023 |
£ | £ |
Other debtors |
Called up share capital not paid |
6. | Creditors: amounts falling due within one year |
2024 | 2023 |
£ | £ |
Amounts owed to group undertakings |
Directors' loan accounts | 32,698 | 32,698 |
7. | Called up share capital |
Allotted and issued: |
Number: | Class: | Nominal | 2024 | 2023 |
value: | £ | £ |
Ordinary | £1 | 333 | 333 |
8. | Related party transactions |
The company was under the control of Mr D Phelps throughout the current and previous year. Mr D Phelps is the managing director and majority shareholder. |
Included in creditors is a balance of £149,850 (2023: £149,850) due to B & T Rewinds Limited and a balance of £122,513 (2023: £116,513) due to B & T Rewinds (Holdings) Limited. |
Included in other creditors is a balance of £32,698 (2023: £33,298) owed to Mr B Phelps, a director and shareholder. |