Keith Bayley Rogers & Co. Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 03676540

Keith Bayley Rogers & Co. Limited

Filleted Unaudited Financial Statements

30 June 2024

Keith Bayley Rogers & Co. Limited

Statement of Financial Position

30 June 2024

	2024		2023
Note	£	£	£

Fixed assets

Investments	4		766	766

Current assets

Debtors	5	235,535	198,640
Cash at bank and in hand		5,147	97,841
		---------	---------
		240,682	296,481

Creditors: amounts falling due within one year
Accruals and deferred income	3,000		46,300
	---------		---------
Net current assets		237,682	250,181
		---------	---------
Total assets less current liabilities		238,448	250,947

Creditors: amounts falling due after more than one year	6	119,989	119,989
		---------	---------
Net assets		118,459	130,958
		---------	---------

Capital and reserves

Called up share capital	500	500
Share premium account	99,500	99,500
Profit and loss account	18,459	30,958
	---------	---------
Shareholders funds	118,459	130,958
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Keith Bayley Rogers & Co. Limited

Statement of Financial Position (continued)

30 June 2024

These financial statements were approved by the board of directors and authorised for issue on 2 April 2025 , and are signed on behalf of the board by:

B Holman
Director

Company registration number: 03676540

Keith Bayley Rogers & Co. Limited

Notes to the Financial Statements

Year ended 30 June 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 83 Victoria Street, London, SW1H 0HW, England.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover represents fees from corporate finance advisory services and commissions earned and are accrued evenly over the period to which they relate, unless fees are contingent on a particular event, in which case they are recognised to the extent that they are earned.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Investments

Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.

Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.

Impairment of fixed assets

For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

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.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

Current asset investments may be measured at the lower of cost and net realisable value.

4. Investments

	Other investments other than loans
	£
Cost
At 1 July 2023 and 30 June 2024	7,165
	-------
Impairment
At 1 July 2023 and 30 June 2024	6,399
	-------

Carrying amount
At 30 June 2024	766
	-------
At 30 June 2023	766
	-------

5. Debtors

	2024	2023
	£	£
Trade debtors	157,255	130,823
Other debtors	78,280	67,817
	---------	---------
	235,535	198,640
	---------	---------

6. Creditors: amounts falling due after more than one year

	2024	2023
	£	£
Other creditors	119,989	119,989
	---------	---------

7. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	2024	2023
	£	£
Included in debtors (note 5)	393	393
	----	----

The deferred tax account consists of the tax effect of timing differences in respect of:

	2024	2023
	£	£
Unused tax losses	393	393
	----	----

8. Related party transactions

A total shared commission of £24,710 (2023:£14,695) was paid to Mr. Brinsley Holman, a director of the Company during the year. All transactions are at arm's length.

9. Controlling party

The ultimate parent company is BWV Investments Limited which is registered in the UK.