1 August 2023 false No description of principal activity Taxfiler 2024.6 12715732business:PrivateLimitedCompanyLtd2023-08-012024-07-31 127157322023-07-31 127157322023-08-012024-07-31 12715732business:AuditExemptWithAccountantsReport2023-08-012024-07-31 12715732business:FilletedAccounts2023-08-012024-07-31 127157322024-07-31 12715732business:Director12023-08-012024-07-31 12715732business:Director22023-08-012024-07-31 12715732business:RegisteredOffice2023-08-012024-07-31 127157322023-07-31 12715732core:WithinOneYear2024-07-31 12715732core:WithinOneYear2023-07-31 12715732core:ShareCapitalcore:PreviouslyStatedAmount2024-07-31 12715732core:ShareCapitalcore:PreviouslyStatedAmount2023-07-31 12715732core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-07-31 12715732core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-07-31 12715732core:PreviouslyStatedAmount2024-07-31 12715732core:PreviouslyStatedAmount2023-07-31 12715732business:SmallEntities2023-08-012024-07-31 12715732countries:EnglandWales2023-08-012024-07-31 12715732core:FurnitureFittings2023-08-012024-07-31 12715732core:FurnitureFittings2023-07-31 12715732core:FurnitureFittings2024-07-31 12715732business:OrdinaryShareClass12023-08-012024-07-31 12715732business:OrdinaryShareClass12022-08-012023-07-31 1271573212023-08-012024-07-31 127157322022-08-012023-07-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 12715732 (England and Wales)
BB Partners Advisory Ltd Unaudited accounts for the year ended 31 July 2024
BB Partners Advisory Ltd Unaudited accounts Contents
Page
- 2 -
BB Partners Advisory Ltd Company Information for the year ended 31 July 2024
Directors
Hannah Barlow Malgorzata Swierczewska
Company Number
12715732 (England and Wales)
Registered Office
16 Longwood View Crawley West Sussex RH10 6PB
Accountants
Nicola Grobety (MAAT) Longwood Business Support Ltd 16 Longwood View Crawley West Sussex RH10 6PB
- 3 -
BB Partners Advisory Ltd Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
12,443 
13,381 
Current assets
Debtors
94,964 
67,017 
Cash at bank and in hand
305,993 
419,547 
400,957 
486,564 
Creditors: amounts falling due within one year
(103,310)
(156,532)
Net current assets
297,647 
330,032 
Total assets less current liabilities
310,090 
343,413 
Provisions for liabilities
Deferred tax
(3,110)
(2,542)
Net assets
306,980 
340,871 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
306,978 
340,869 
Shareholders' funds
306,980 
340,871 
For the year ending 31 July 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 April 2025 and were signed on its behalf by
Hannah Barlow Director Company Registration No. 12715732
- 4 -
BB Partners Advisory Ltd Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
BB Partners Advisory Ltd is a private company, limited by shares, registered in England and Wales, registration number 12715732. The registered office is 16 Longwood View, Crawley, West Sussex, RH10 6PB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
- 5 -
BB Partners Advisory Ltd Notes to the Accounts for the year ended 31 July 2024
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 August 2023
22,561 
Additions
3,664 
At 31 July 2024
26,225 
Depreciation
At 1 August 2023
9,180 
Charge for the year
4,602 
At 31 July 2024
13,782 
Net book value
At 31 July 2024
12,443 
At 31 July 2023
13,381 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
75,621 
48,868 
Accrued income and prepayments
8,063 
6,869 
Other debtors
11,280 
11,280 
94,964 
67,017 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
24,494 
29,839 
Trade creditors
16,347 
- 
Taxes and social security
44,752 
60,375 
Other creditors
4,328 
2,689 
Loans from directors
3,655 
3,655 
Accruals
1,900 
10,645 
Deferred income
7,834 
49,329 
103,310 
156,532 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
- 6 -
BB Partners Advisory Ltd Notes to the Accounts for the year ended 31 July 2024
8
Post balance sheet events
After the reporting date of 31 July 2024, a share transfer took place whereby one of the 50% shareholders transferred their shares to a newly formed holding company. As a result, the company is now wholly owned by the newly incorporated holding company, which is controlled by the original shareholder. This transaction does not impact the financial position of the company as at 31 July 2024, and therefore no adjustments have been made to the financial statements. However, this change in ownership structure may have implications for the governance and strategic direction of the company moving forward.
9
Average number of employees
During the year the average number of employees was 15 (2023: 9).
- 7 -