BANN LTD

Company Registration Number:
NI047720 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

BANN LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

BANN LTD

Balance sheet

As at 31 December 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 166,147 123,572
Total fixed assets: 166,147 123,572
Current assets
Stocks: 545,397 1,831,635
Debtors:   528,210 307,625
Cash at bank and in hand: 774,013 406,981
Total current assets: 1,847,620 2,546,241
Creditors: amounts falling due within one year:   (916,621) (1,279,937)
Net current assets (liabilities): 930,999 1,266,304
Total assets less current liabilities: 1,097,146 1,389,876
Creditors: amounts falling due after more than one year:     (621,430)
Total net assets (liabilities): 1,097,146 768,446
Capital and reserves
Called up share capital: 10,000 10,000
Profit and loss account: 1,087,146 758,446
Shareholders funds: 1,097,146 768,446

The notes form part of these financial statements

BANN LTD

Balance sheet statements

For the year ending 31 December 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 01 April 2025
and signed on behalf of the board by:

Name: Brian Fox
Status: Director

The notes form part of these financial statements

BANN LTD

Notes to the Financial Statements

for the Period Ended 31 December 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

BANN LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 20 20

BANN LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 1,072,968
Additions 82,976
Disposals (20,400)
At 31 December 2024 1,135,544
Depreciation
At 01 January 2024 949,396
Charge for year 40,401
On disposals (20,400)
At 31 December 2024 969,397
Net book value
At 31 December 2024 166,147
At 31 December 2023 123,572