Company Registration No. 6072709 (England and Wales)
BNS Distribution Ltd
Unaudited accounts
for the year ended 31 December 2024
BNS Distribution Ltd
Unaudited accounts
Contents
BNS Distribution Ltd
Company Information
for the year ended 31 December 2024
Company Number
6072709 (England and Wales)
Registered Office
Unit 7 & 8 Douglas Mill
Wigan
WN6 0XF
England
Accountants
Henshaws Accountants
Office 7
37-39 Shakespeare Street
Southport
PR8 5AB
BNS Distribution Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
5,955
4,369
Inventories
1,056,837
1,235,284
Cash at bank and in hand
528,520
1,335,815
Creditors: amounts falling due within one year
(792,219)
(387,196)
Net current assets
3,202,969
2,558,613
Total assets less current liabilities
3,208,924
2,562,982
Provisions for liabilities
Net assets
3,207,944
2,562,002
Called up share capital
300
400
Profit and loss account
3,207,644
2,561,602
Shareholders' funds
3,207,944
2,562,002
For the year ending 31 December 2024 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 director acknowledges his 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 and authorised for issue on 21 May 2025 and were signed on its behalf by
L Sinclair
Director
Company Registration No. 6072709
BNS Distribution Ltd
Notes to the Accounts
for the year ended 31 December 2024
BNS Distribution Ltd is a private company, limited by shares, registered in England and Wales, registration number 6072709. The registered office is Unit 7 & 8 Douglas Mill, Wigan, WN6 0XF, England.
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.
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:
Plant & machinery
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
Computer equipment
33% Straight Line
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
5,073
4,607
20,863
30,543
At 31 December 2024
5,073
4,607
24,620
34,300
At 1 January 2024
3,247
3,705
19,222
26,174
Charge for the year
458
225
1,488
2,171
At 31 December 2024
3,705
3,930
20,710
28,345
At 31 December 2024
1,368
677
3,910
5,955
At 31 December 2023
1,826
902
1,641
4,369
BNS Distribution Ltd
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Trade debtors
392,814
367,946
Accrued income and prepayments
4,476
6,464
Amounts falling due after more than one year
Amounts due from group undertakings etc.
2,012,241
-
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
320,973
48,285
Amounts owed to group undertakings and other participating interests
-
6,000
Taxes and social security
248,275
217,760
Loans from directors
9,087
5,039
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Transactions with related parties
A Dividend of £86,000 was paid to the parent company, BNS Distribution Holdings Ltd on the 31 December 2024
A Balance of £2,012,241 was owed at the Balance Sheet date to the controlling party, BNS Distribution Holdings Ltd
The ultimate parent company is BNS Distribution Holdings Ltd
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Average number of employees
During the year the average number of employees was 6 (2023: 5).