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Registered number: 11647337














BST ENGLAND LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

 
BST ENGLAND LIMITED
 
 
COMPANY INFORMATION


Directors
A Tannous 
E Tannous 
W Tannous 




Registered number
11647337



Registered office
5 Elstree Gate
Elstree Way

Borehamwood

Hertfordshire

WD6 1JD




Independent auditors
Sopher + Co LLP
Chartered Accountants & Statutory Auditors

5, Elstree Gate,

Elstree Way,

Borehamwood

Hertfordshire

WD6 1JD





 
BST ENGLAND LIMITED
 

CONTENTS



Page
Statement of Financial Position
 
 
1
Notes to the Financial Statements
 
 
2 - 6


 
BST ENGLAND LIMITED
REGISTERED NUMBER:11647337

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 5 
85
743

Investments
 6 
100
-

  
185
743

Current assets
  

Debtors: amounts falling due within one year
 7 
3
-

Cash at bank and in hand
  
7,261
35,637

  
7,264
35,637

Current liabilities
  

Creditors: amounts falling due within one year
 8 
(709,019)
(500,834)

Net current liabilities
  
 
 
(701,755)
 
 
(465,197)

Net liabilities
  
(701,570)
(464,454)


Capital and reserves
  

Called up share capital 
  
300
300

Profit and loss account
  
(701,870)
(464,754)

  
(701,570)
(464,454)


The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 26 March 2025.




A Tannous
Director

The notes on pages 2 to 6 form part of these financial statements.

Page 1

 
BST ENGLAND LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

BST England Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 5 Elstree Gate, Elstree Way, Borehamwood, Hertfordshire, United Kingdom, WD6 1JD. 
The principal activity of the company continued to be that of management consulting services.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Exemption from preparing consolidated financial statements

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

 
2.3

Going concern

The accounts have been prepared on a going concern basis, since in the opinion of the directors, it is appropriate to assume that the company will receive the continued support of its ultimate parent company for a period in excess of twelve months from the date of approval of these financial statements.

 
2.4

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is £ Sterling.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Page 2

 
BST ENGLAND LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.5

Pensions

Defined contribution pension plan

The Company contributes to a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.6

Exceptional items

Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence.

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Computer equipment
-
33%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.9

Debtors

Short-term debtors are measured at the transaction price, less any impairment. 

 
2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Page 3

 
BST ENGLAND LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.11

Creditors

Short-term creditors are measured at the transaction price.


3.


Employees

The average monthly number of employees, including directors, during the year was 4 (2023 - 4).


4.


Taxation

No liability to UK corporation tax arose for the year ended 31 December 2024 nor for the year ended 31 December 2023.
As at the year end, the company had corporation tax losses of £238,532 (2023 - £247,253) representing a potential deferred tax asset totalling £161,051 (2023 - £101,418), in respect of unutilised trade losses. As it cannot be foreseen with any underlying certainty as to when this asset will be realised in the near future, it has not been recognised in the accounts.


5.


Tangible fixed assets





Computer equipment

£



Cost 


At 1 January 2024
1,995



At 31 December 2024

1,995



Depreciation


At 1 January 2024
1,252


Charge for the year on owned assets
658



At 31 December 2024

1,910



Net book value



At 31 December 2024
85



At 31 December 2023
743

Page 4

 
BST ENGLAND LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

6.


Fixed asset investments





Investments in subsidiary companies

£



Cost 


Additions
100



At 31 December 2024
100






Net book value



At 31 December 2024
100



At 31 December 2023
-


7.


Debtors

2024
2023
£
£


Other debtors
3
-



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
1,899
1,075

Amounts owed to group undertakings
684,857
474,912

Other taxation and social security
15,616
19,935

Other creditors
1,647
1,312

Accruals and deferred income
5,000
3,600

709,019
500,834


Page 5

 
BST ENGLAND LIMITED
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

9.


Pension commitments

The Company contributes to a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £15,744 (2023 - £15,744). Contributions totaling £1,312 (2023 - £1,312) were payable to the fund at the reporting date and are included in creditors.


10.


Related party transactions

The company has taken advantage of the exemption under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.


11.


Controlling party

The immediate and ultimate parent undertaking and ultimate controlling party is BST Group E.A.W. Limited, Kibbutz, Yakum, 6097200, Israel, which is the largest and smallest group to consolidate these financial statements.


12.


Auditors' information

The auditors' report on the financial statements for the year ended 31 December 2024 was unqualified.

The audit report was signed on 26 March 2025 by Sean Brennan FCCA (Senior Statutory Auditor) on behalf of Sopher + Co LLP.

 
Page 6