2023-06-01 07120527 2024-05-31 07120527 2023-06-01 2024-05-31 07120527 2023-05-31 07120527 2022-06-01 2023-05-31 07120527 uk-core:WithinOneYear 2023-05-31 07120527 uk-core:WithinOneYear 2024-05-31 07120527 uk-core:AfterOneYear 2023-05-31 07120527 uk-core:AfterOneYear 2024-05-31 07120527 uk-core:ShareCapital 2024-05-31 07120527 uk-core:ShareCapital 2023-05-31 07120527 uk-core:RetainedEarningsAccumulatedLosses 2024-05-31 07120527 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 07120527 uk-bus:Director1 2023-06-01 2024-05-31 07120527 uk-core:PlantMachinery 2023-06-01 2024-05-31 07120527 uk-core:ToolsEquipment 2023-06-01 2024-05-31 07120527 uk-core:ToolsEquipment 2023-05-31 07120527 uk-core:PlantMachinery 2023-05-31 07120527 uk-core:PlantMachinery 2024-05-31 07120527 uk-core:ToolsEquipment 2024-05-31 07120527 uk-core:AfterOneYear uk-core:Secured 2024-05-31 07120527 uk-core:AfterOneYear uk-core:Secured 2023-05-31 iso4217:GBP xbrli:pure 07120527 uk-bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 07120527 uk-bus:FRS102 2023-06-01 2024-05-31 07120527 uk-bus:FilletedAccounts 2023-06-01 2024-05-31 07120527 uk-bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31
BFL Pennine Ltd
Registered Number:07120527
For the year ended 31 May 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 May 2024
BFL Pennine Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
07120527
As at 31 May 2024
BFL Pennine Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
121
411
2
121
411
Current assets
Trade and other receivables
15,973
3,567
3
7,531
Cash and cash equivalents
8,797
12,364
23,504
Trade and other payables: amounts falling due within one
year
(4,131)
(877)
4
19,373
11,487
Net current assets
Total assets less current liabilities
11,608
19,784
Trade and other payables: amounts falling due after more
than one year
(10,425)
(8,803)
5
2,805
Net assets
9,359
Capital and reserves
Called up share capital
1
1
Retained earnings
2,804
9,358
2,805
9,359
Shareholders' funds
For the year ended 31 May 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 of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Andrew Robinson Director
These financial statements were approved and authorised for issue by the Board on 19 May 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 May 2024
BFL Pennine Ltd
Notes to the Financial Statements
Statutory Information
BFL Pennine Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
07120527.
Registered address:
19 Parklands Way
Blackburn
BB2 4QS
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
20 Straight line
50 Straight line
Computer equipment
Government grants
Government grants received are credited to the P & L account, the grants received relate to the grants made avaialble such as CJRS scheme and other initiatives to support businesses during a Global Pandemic. These are clearly marked in the accounts and not off set in any way against expenditure.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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5
For the year ended 31 May 2024
BFL Pennine Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Plant and
machinery
£
£
£
Cost or
valuation
At 01 June 2023
86,211
500
85,711
At 31 May 2024
85,711
500
86,211
Provision for depreciation and impairment
At 01 June 2023
85,800
500
85,300
Charge for year
290
-
290
At 31 May 2024
86,090
500
85,590
At 31 May 2024
Net book value
121
-
121
At 31 May 2023
411
-
411
3. Trade and other receivables
2023
2024
£
£
Other debtors
3,567
15,973
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
877
4,131
5. Trade and other payables: amounts falling due after more than one year
2023
2024
£
£
Bank loans and overdraft
8,803
10,425
Other creditors
-
-
8,803
10,425
6. Average number of persons employed
During the year the average number of employees was 0 (2023 : 2)
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