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Registration number: 14737293

BC Leeds Capital Limited

Filleted Financial Statements

for the Period from 17 March 2023 to 31 December 2023

 

BC Leeds Capital Limited

Contents

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3 to 7

 

BC Leeds Capital Limited

Company Information

Director

P G Prickett

Registered office

167/169 Great Portland Street
London
Greater London
W1W5PF

Auditors

Innovi Advisors Ltd
Chartered Certified Accountants & Statutory Auditor163 Herne Hill
London
SE24 9LR

 

BC Leeds Capital Limited

(Registration number: 14737293)
Statement of Financial Position as at 31 December 2023

Note

2023
£

Fixed assets

 

Investments

4

100

Current assets

 

Debtors

5

427

Creditors: Amounts falling due within one year

6

(2,573)

Net current liabilities

 

(2,146)

Net liabilities

 

(2,046)

Capital and reserves

 

Called up share capital

7

100

Retained earnings

(2,146)

Shareholders' deficit

 

(2,046)


These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the director on 16 May 2025
 

P G Prickett
Director

   
     
 

BC Leeds Capital Limited

Notes to the Financial Statements for the Period from 17 March 2023 to 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
167/169 Great Portland Street
London
Greater London
W1W5PF
England

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

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

Disclosure of long or short period

The financial year end date has been changed to 31 December 2023 from 31 March 2024.

Going concern

The director intends to apply to strike off the company within 12 months of the date of approval of these financial statements. Accordingly, the financial statements have not been prepared on a going concern basis. Assets have been recognised at the lower of their depreciated cost or recoverable amount and liabilities have been treated as short term. No provision has been made for the costs of striking off as the decision to strike off was made subsequent to the year end.

 

BC Leeds Capital Limited

Notes to the Financial Statements for the Period from 17 March 2023 to 31 December 2023 (continued)

2

Accounting policies (continued)

Audit report

The Independent Auditor's Report was unqualified. We 
draw
 attention 
to Going concern note
 to 
the
 financial 
statements 
which
 explains 
that 
the 
director 
intends 
to 
apply 
to 
strike 
off 
the company
 within
 12
 months
 of
 the
 date
 of
 approval
 of
 these
 financial
 statements
 and
 therefore
 does
 not
 consider
 it appropriate
 to
 adopt
 the 
going
 concern 
basis 
of 
accounting 
in
 preparing
 the
 financial
 statements.
 
Accordingly
 the
 financial statements 
have 
been 
prepared 
on
 a 
basis 
other
 than 
going 
concern
 as
 described 
in the Going concern 
note. Our 
opinion 
is 
not modified
 in respect
 of
 this
 matter..

The name of the Senior Statutory Auditor who signed the audit report on 16 May 2025 was Mr Sheetal Shah FCCA, who signed for and on behalf of Innovi Advisors Ltd.

.........................................

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

BC Leeds Capital Limited

Notes to the Financial Statements for the Period from 17 March 2023 to 31 December 2023 (continued)

2

Accounting policies (continued)

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities, or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
 

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

 

BC Leeds Capital Limited

Notes to the Financial Statements for the Period from 17 March 2023 to 31 December 2023 (continued)

4

Investments

2023
£

Investments in subsidiaries

100

Subsidiaries

£

Cost or valuation

Additions

100

At 31 December 2023

100

Provision

At 17 March 2023

-

At 31 December 2023

-

Carrying amount

At 31 December 2023

100

5

Debtors

Current

2023
£

Other debtors

427

 

427

 

BC Leeds Capital Limited

Notes to the Financial Statements for the Period from 17 March 2023 to 31 December 2023 (continued)

6

Creditors

Creditors: amounts falling due within one year

Note

2023
£

Due within one year

 

Amounts owed to Related Parties

12

Accruals and deferred income

 

2,561

 

2,573

7

Share capital

Allotted, called up and fully paid shares

2023

No.

£

Ordinary share capital of £1 each

100

100

   

100 Ordinary shares of £1 each was issued during the period.

8

Relationship between entity and parents

The parent of the largest group in which these financial statements are consolidated is Bricks Group Holdings Limited, incorporated in United Kingdom.

The address of Bricks Group Holdings Limited is:
167/169 Great Portland Street, London, Greater London, England, W1W 5PF.

The ultimate controlling party is Peter Prickett.

9

Off-balance sheet arrangements

Charges
There exists charges over the company's assets in favour of Lw Sta 2 Limited as follows:

Fixed charge with negative pledge over all property or undertaking of the company as per share charge document dated 27th September 2024.