Registered number
09453299
Successful Bid Writing Ltd
Unaudited Filleted Accounts
28 February 2025
Successful Bid Writing Ltd
Registered number: 09453299
Balance Sheet
as at 28 February 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 10,659 12,367
Current assets
Stocks 1,375 2,600
Debtors 4 16,585 5,531
Cash at bank and in hand 32,296 20,123
50,256 28,254
Creditors: amounts falling due within one year 5 (35,889) (22,494)
Net current assets 14,367 5,760
Total assets less current liabilities 25,026 18,127
Creditors: amounts falling due after more than one year 6 - (7,364)
Provisions for liabilities (716) (779)
Net assets 24,310 9,984
Capital and reserves
Called up share capital 125 1
Profit and loss account 24,185 9,983
Shareholder's funds 24,310 9,984
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Samantha Bird
Director
Approved by the board on 30 May 2025
Successful Bid Writing Ltd
Notes to the Accounts
for the year ended 28 February 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Computer & Office Equipment over 4 years
Garden office building over 10 years
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Work in progress
Work in progress are works underway at the yearend but not completed. Work in progress is valued at full contract price multiplied by the percentage of work completed at the yearend.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Garden Office Computer & Office Equipment Total
£ £ £
Cost
At 1 March 2024 17,383 6,625 24,008
Additions - 1,462 1,462
At 28 February 2025 17,383 8,087 25,470
Depreciation
At 1 March 2024 6,529 5,112 11,641
Charge for the year 1,738 1,432 3,170
At 28 February 2025 8,267 6,544 14,811
Net book value
At 28 February 2025 9,116 1,543 10,659
At 29 February 2024 10,854 1,513 12,367
4 Debtors 2025 2024
£ £
Trade debtors 650 3,900
Other debtors 15,935 1,631
16,585 5,531
5 Creditors: amounts falling due within one year 2025 2024
£ £
Bank loans and overdrafts 152 3,643
Trade creditors 59 121
Taxation and social security costs 33,627 16,324
Other creditors 2,051 2,406
35,889 22,494
6 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans - 7,364
7 Related party transactions
None noted.
8 Transactions with Directors
During the year the company directors, Samantha and Derek Bird, used current accounts with the company to record amounts due to them and amounts drawn by them.

During the year, Samantha Bird had an overdrawn director's loan account showing an amount due back to the company of £13,699.24 (2024: £2,406.04 owed back to her). This will be rapaid to the business within 9 months of the yearend.

During the year, Derek Bird had an amount owed back to him of £2,051.28. This is repayable on demand and does not carry interest.
9 Controlling party
Samantha Bird holds 75% ownership in shares, she is therefore the ultimate controlling party.
10 Other information
Successful Bid Writing Ltd is a private company limited by shares and incorporated in Wales. Its registered office is:
43 Maes Y Llarwydd
Abergavenny
Gwent
NP7 5LQ
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