|
BIJ MANAGEMENT SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024
BIJ Management Services Limited ('the company') is a private company limited by shares and is incorporated and domiciled in England.
The principal activity of the company is that of the provision of management services and to act as a nominee for The Bureau of Investigative Journalism.
The Company's functional and presentation currency is British pound sterling (£).
2.Accounting policies
|
|
|
Basis of preparation of financial statements
|
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
Short-term debtors are measured at transaction price, less any impairment.
|
|
|
Cash and cash equivalents
|
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than twenty four hours.
Short-term creditors are measured at the transaction price.
The financial statements have been prepared on a going concern basis which assumes that the company will be able to meet its liabilities as they fall due. In the opinion of the directors, the going concern basis is appropriate as the company has received adequate assurances from various individuals and organisations to continue funding the company for the foreseeable future.
Support from the group, forecasts and projections indicate that the company has adequate resources to continue.
On review of the grants and funding of the group, the company has sufficient funds to continue for the foreseeable future.
|
|
The average monthly number of employees, including directors, during the year was 1 (2023 - 1).
|
|