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Company No: 09315528 (England and Wales)

BBB PROJECTS AND DESIGN LIMITED

Unaudited Financial Statements
For the financial year ended 27 September 2024
Pages for filing with the registrar

BBB PROJECTS AND DESIGN LIMITED

Unaudited Financial Statements

For the financial year ended 27 September 2024

Contents

BBB PROJECTS AND DESIGN LIMITED

BALANCE SHEET

As at 27 September 2024
BBB PROJECTS AND DESIGN LIMITED

BALANCE SHEET (continued)

As at 27 September 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 1,021 1,361
1,021 1,361
Current assets
Debtors 4 12,110 1,052
Cash at bank and in hand 5 25,182 31,843
37,292 32,895
Creditors: amounts falling due within one year 6 ( 38,499) ( 15,421)
Net current (liabilities)/assets (1,207) 17,474
Total assets less current liabilities (186) 18,835
Creditors: amounts falling due after more than one year ( 17,199) ( 17,199)
Provision for liabilities ( 255) ( 340)
Net (liabilities)/assets ( 17,640) 1,296
Capital and reserves
Called-up share capital 1 1
Profit and loss account ( 17,641 ) 1,295
Total shareholder's (deficit)/funds ( 17,640) 1,296

For the financial year ending 27 September 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Bbb Projects And Design Limited (registered number: 09315528) were approved and authorised for issue by the Director on 26 May 2025. They were signed on its behalf by:

L K J Van Den Broek
Director
BBB PROJECTS AND DESIGN LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 27 September 2024
BBB PROJECTS AND DESIGN LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 27 September 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

BBB Projects and Design Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is:

2 Quarry Cottages
Three Oaks Lane
Wadhurst
TN5 6PX
England

These financial statements have been prepared in accordance with applicable United Kingdom accounting standards, including section 1A of Financial Reporting Standard 102 - 'The Financial Reporting standard applicable in the United Kingdom and Republic of Ireland' FRS 102 1A, and with the Companies Act 2006.

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.

Going concern

After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts and after eliminating sales within the company.

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.

Taxation

Current tax
The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible fixed assets

Tangible assets is stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Fixtures and fittings 25 % reducing balance
Office equipment 3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

Trade and other debtors

Trade and other debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment, except where the effect of discounting would be immaterial. In such cases debtors are stated at transaction price less impairment losses. 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 transaction.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade and other creditors

Trade and other creditors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, except where the effect of discounting would be immaterial. In such cases creditors are stated at transaction price.Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

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.

Financial assets are classified as financial assets at fair value through profit or loss, loans and debtors, held-to-maturity investments, available-for-sale financial assets, or as derivatives designated as hedging instruments in an effective hedge, as appropriate. The company determines the classification of its financial assets at initial recognition.

Financial liabilities are classified as financial liabilities at fair value through profit and loss, loans and borrowings, trade and other creditors, or as derivatives designated as hedging instruments in an effective hedge, as appropriate. The company determines the classification of its financial liabilities at initial recognition.

Recognition and measurement
All financial instruments are recognised initially at fair value plus transaction costs. Thereafter financial instruments are stated at amortised cost using the effective interest rate method (less impairment where appropriate) unless the effect of discounting would be immaterial in which case they are stated at cost (less impairment where appropriate). The exception to this are those financial instruments where it is a requirement to continue recording them at fair value through profit and loss.

Impairment
Financial assets are assessed for indicators of impairment at the end of each reporting period. Financial assets are considered to be impaired when there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows of the investment have been affected.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Tangible assets

Fixtures and fittings Office equipment Total
£ £ £
Cost
At 28 September 2023 3,398 3,715 7,113
At 27 September 2024 3,398 3,715 7,113
Accumulated depreciation
At 28 September 2023 2,037 3,715 5,752
Charge for the financial year 340 0 340
At 27 September 2024 2,377 3,715 6,092
Net book value
At 27 September 2024 1,021 0 1,021
At 27 September 2023 1,361 0 1,361

4. Debtors

2024 2023
£ £
Trade debtors 10,536 0
Other debtors 1,574 1,052
12,110 1,052

5. Cash and cash equivalents

2024 2023
£ £
Cash at bank and in hand 25,182 31,843

6. Creditors: amounts falling due within one year

2024 2023
£ £
Corporation tax 0 ( 1,612)
Other creditors 38,499 17,033
38,499 15,421

7. Related party transactions

Transactions with the entity's director

2024 2023
£ £
Amounts payable to Director 36,551 15,178

The loan from the director to the company is unsecured, interest free and repayable on demand.