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REGISTERED NUMBER: 04780572 (England and Wales)















Financial Statements for the Year Ended 31 December 2024

for

BBB Investments Limited

BBB Investments Limited (Registered number: 04780572)

Contents of the Financial Statements
for the Year Ended 31 December 2024










Page

Abridged Balance Sheet 1

Notes to the Financial Statements 3


BBB Investments Limited (Registered number: 04780572)

Abridged Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 308,220 86,792
Investment property 6 - 360,000
308,220 446,792

CURRENT ASSETS
Stocks 781,817 629,598
Debtors 349,686 286,526
Cash at bank and in hand 2,622,126 2,553,814
3,753,629 3,469,938
CREDITORS
Amounts falling due within one year 310,009 384,660
NET CURRENT ASSETS 3,443,620 3,085,278
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,751,840

3,532,070

CAPITAL AND RESERVES
Called up share capital 251,000 251,000
Share premium 1,999,000 1,999,000
Revaluation reserve 7 - 74,432
Retained earnings 1,501,840 1,207,638
SHAREHOLDERS' FUNDS 3,751,840 3,532,070

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

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.

BBB Investments Limited (Registered number: 04780572)

Abridged Balance Sheet - continued
31 December 2024


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 February 2025 and were signed on its behalf by:




A L Sparrow - Director T A Sparrow - Director




P A Sparrow - Director A L Sparrow - Director




S A Sparrow - Director A J Sparrow - Director


BBB Investments Limited (Registered number: 04780572)

Notes to the Financial Statements
for the Year Ended 31 December 2024


1. STATUTORY INFORMATION

BBB Investments Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 04780572

Registered office: Unit A3 Harrison Road
Airfield Business Park
Market Harborough
Leicestershire
LE16 7UL

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.


BBB Investments Limited (Registered number: 04780572)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 18 (2023 - 16 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2024
and 31 December 2024 39,138
AMORTISATION
At 1 January 2024
and 31 December 2024 39,138
NET BOOK VALUE

At 31 December 2024 -
At 31 December 2023 -

BBB Investments Limited (Registered number: 04780572)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2024 292,476
Additions 1,614
Disposals (49,978 )
Reclassification/transfer 285,568
At 31 December 2024 529,680
DEPRECIATION
At 1 January 2024 205,684
Charge for year 19,650
Eliminated on disposal (49,384 )
Reclassification/transfer 45,510
At 31 December 2024 221,460
NET BOOK VALUE
At 31 December 2024 308,220
At 31 December 2023 86,792

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024 360,000
Reclassification/transfer (360,000 )
At 31 December 2024 -
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 360,000

7. RESERVES
Revaluation
reserve
£   
At 1 January 2024 74,432
SoCIE line item with acc967/31 (74,432 )

At 31 December 2024 -

BBB Investments Limited (Registered number: 04780572)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


8. RECLASSIFICATION OF PROPERTY AND REVERSAL OF REVALUATION ADJUSTMENT

During the financial year, the company reviewed the classification of Unit A3, Harrison Road, Airfield Business Park and determined that it was incorrectly classified as an investment property under FRS 102, Section 16. Upon reassessment, the property has been reclassified as land and buildings under FRS 102, Section 17.

As a result of this reclassification:

The property had been reclassified at historical cost at £285,568.The revaluation reserve of £74,432 has been reversed, reflecting the removal of previous fair value adjustments. Historic depreciation at 2% per annum for 10 years (£45,510) has been applied, reducing the carrying value of the property to £239,490.

The impact on the financial statements is as follows:

-Reduction in revaluation reserve £74,432
-Increase in accumulated depreciation £45,510
-Reduction in net assets £119,942
-Corresponding impact on profit and loss reserves.

These adjustments have been applied prospectively and no restatement of comparative figures have been made.