3 3 BAPO Limited SC270569 false 2023-06-01 2024-05-31 2024-05-31 The principal activity of the company is the organising of commercial activities on behalf of the British Association of Prosthetists & Orthotists Digita Accounts Production Advanced 6.30.9574.0 true SC270569 2023-06-01 2024-05-31 SC270569 2024-05-31 SC270569 bus:OrdinaryShareClass1 2024-05-31 SC270569 core:CurrentFinancialInstruments 2024-05-31 SC270569 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 SC270569 core:FurnitureFittingsToolsEquipment 2024-05-31 SC270569 bus:SmallEntities 2023-06-01 2024-05-31 SC270569 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 SC270569 bus:FilletedAccounts 2023-06-01 2024-05-31 SC270569 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 SC270569 bus:RegisteredOffice 2023-06-01 2024-05-31 SC270569 bus:Director6 2023-06-01 2024-05-31 SC270569 bus:Director8 2023-06-01 2024-05-31 SC270569 bus:OrdinaryShareClass1 2023-06-01 2024-05-31 SC270569 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 SC270569 core:FurnitureFittings 2023-06-01 2024-05-31 SC270569 core:FurnitureFittingsToolsEquipment 2023-06-01 2024-05-31 SC270569 core:OfficeEquipment 2023-06-01 2024-05-31 SC270569 core:PlantMachinery 2023-06-01 2024-05-31 SC270569 core:Vehicles 2023-06-01 2024-05-31 SC270569 countries:Scotland 2023-06-01 2024-05-31 SC270569 2023-05-31 SC270569 core:FurnitureFittingsToolsEquipment 2023-05-31 SC270569 2022-06-01 2023-05-31 SC270569 2023-05-31 SC270569 bus:OrdinaryShareClass1 2023-05-31 SC270569 core:CurrentFinancialInstruments 2023-05-31 SC270569 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 SC270569 core:FurnitureFittingsToolsEquipment 2023-05-31 xbrli:pure iso4217:GBP xbrli:shares

Registration number: SC270569

BAPO Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 May 2024

 

BAPO Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

BAPO Limited

Company Information

Directors

Dr Nicola Louise Eddison

Mr Christopher Patrick Rowley

Registered office

Clyde Offices 2nd Floor
48 West George Street
Glasgow
G2 1BP

 

BAPO Limited

(Registration number: SC270569)
Balance Sheet as at 31 May 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

4,381

2,374

Current assets

 

Debtors

5

17,822

8,111

Cash at bank and in hand

 

176,278

182,376

 

194,100

190,487

Creditors: Amounts falling due within one year

6

(406,983)

(409,253)

Net current liabilities

 

(212,883)

(218,766)

Net liabilities

 

(208,502)

(216,392)

Capital and reserves

 

Called up share capital

7

13

13

Retained earnings

(208,515)

(216,405)

Shareholders' deficit

 

(208,502)

(216,392)

For the financial year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 30 May 2025 and signed on its behalf by:
 

.........................................
Dr Nicola Louise Eddison
Director

 

BAPO Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

1

General information

The company is a private company limited by share capital, incorporated in Scotland.

The address of its registered office is:
Clyde Offices 2nd Floor
48 West George Street
Glasgow
G2 1BP

These financial statements were authorised for issue by the Board on 30 May 2025.

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.

Revenue recognition

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.

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.

Tangible assets

Tangible assets are stated in the balance sheet 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.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

25% Reducing Balance

Vehicles

25% Reducing Balance

Fixtures and fittings

15% Reducing Balance

 

BAPO Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

Equipment

25% Reducing Balance

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 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.

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.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2023 - 3).

 

BAPO Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 June 2023

26,604

26,604

Additions

3,467

3,467

At 31 May 2024

30,071

30,071

Depreciation

At 1 June 2023

24,230

24,230

Charge for the year

1,460

1,460

At 31 May 2024

25,690

25,690

Carrying amount

At 31 May 2024

4,381

4,381

At 31 May 2023

2,374

2,374

5

Debtors

Current

2024
£

2023
£

Trade debtors

17,210

7,121

Prepayments

321

699

Other debtors

291

291

 

17,822

8,111

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

400,191

394,054

Taxation and social security

1,447

1,624

Accruals and deferred income

5,345

13,575

406,983

409,253

 

BAPO Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

7

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary Shares of £1 each

13

13

13

13