Company Registration No. 5593904 (England and Wales)
BFIVE INVESTMENTS LIMITED
Unaudited accounts
for the year ended 31 January 2025
BFIVE INVESTMENTS LIMITED
Unaudited accounts
Contents
BFIVE INVESTMENTS LIMITED
Company Information
for the year ended 31 January 2025
Directors
Mr B Bibby
Mrs D Bibby
Company Number
5593904 (England and Wales)
Accountants
Dempsey & Co
The Downshire
71 Baldwins Lane Croxley Green
Rickmansworth
Herts
WD3 3LT
BFIVE INVESTMENTS LIMITED
Statement of financial position
as at 31 January 2025
Tangible assets
726,279
744,077
Cash at bank and in hand
64,026
84,910
Creditors: amounts falling due within one year
(460,013)
(383,054)
Net current liabilities
(355,185)
(247,037)
Total assets less current liabilities
371,095
497,041
Creditors: amounts falling due after more than one year
(223,519)
(273,257)
Provisions for liabilities
Deferred tax
(12,745)
(50,364)
Net assets
134,831
173,420
Called up share capital
100
100
Profit and loss account
134,731
173,320
Shareholders' funds
134,831
173,420
For the year ending 31 January 2025 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 22 April 2025 and were signed on its behalf by
Mr B Bibby
Director
Company Registration No. 5593904
BFIVE INVESTMENTS LIMITED
Notes to the Accounts
for the year ended 31 January 2025
BFIVE INVESTMENTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 5593904.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
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:
Land & buildings
2% straight Line
Plant & machinery
20% straight Line
Motor vehicles
25% reducing balance
Fixtures & fittings
15% reducing balance
Goodwill represents the excess of cost of acquisition over the fair value of the separable net
asset acquired. Goodwill is amortised through the profit and loss account in equal instalments over 3 years.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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.
BFIVE INVESTMENTS LIMITED
Notes to the Accounts
for the year ended 31 January 2025
These financial statements have been prepared on a going concern basis.
The company operates a defined contribution scheme for the beenefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Goodwill
At 1 February 2024
115,000
At 31 January 2025
115,000
At 1 February 2024
114,999
At 31 January 2025
114,999
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2024
575,256
1,161,914
241,890
1,979,060
Additions
-
77,016
-
77,016
Disposals
-
(6,006)
-
(6,006)
At 31 January 2025
575,256
1,232,924
241,890
2,050,070
At 1 February 2024
184,019
875,378
175,586
1,234,983
Charge for the year
11,505
72,143
9,945
93,593
On disposals
-
(4,785)
-
(4,785)
At 31 January 2025
195,524
942,736
185,531
1,323,791
At 31 January 2025
379,732
290,188
56,359
726,279
At 31 January 2024
391,237
286,536
66,304
744,077
Amounts falling due within one year
Trade debtors
24,340
27,246
BFIVE INVESTMENTS LIMITED
Notes to the Accounts
for the year ended 31 January 2025
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
98,000
98,662
Trade creditors
98,578
130,543
Other creditors
30,264
11,017
Loans from directors
233,171
142,832
8
Creditors: amounts falling due after more than one year
2025
2024
Bank loans
223,519
273,257
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Transactions with related parties
The company voted dividend of £20000 (2024-£20000) to Mr. B.Bibby and Mrs. D. Bibby who are the directors and shareholders of the company.
11
Average number of employees
During the year the average number of employees was 6 (2024: 6).