Registered number
10665349
B2PM Ltd
Filleted Accounts
31 March 2025
B2PM Ltd
Registered number: 10665349
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 1,000 2,000
Investments 4 556,594 500,000
557,594 502,000
Current assets
Work in progress 61,942 -
Debtors 5 32,006 318,175
Cash at bank and in hand 589,813 523,950
683,761 842,125
Creditors: amounts falling due within one year 7 (107,269) (223,873)
Net current assets 576,492 618,252
Total assets less current liabilities 1,134,086 1,120,252
Provisions for liabilities (190) (380)
Net assets 1,133,896 1,119,872
Capital and reserves
Called up share capital 100 100
Profit and loss account 1,133,796 1,119,772
Shareholder's funds 1,133,896 1,119,872
The director is 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 director acknowledges his 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.
Mr B. Broster
Director
Approved by the board on 6 June 2025
B2PM Ltd
Notes to the Accounts
for the year ended 31 March 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:
Plant and machinery over 5 years
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 8 8
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2024 11,431
At 31 March 2025 11,431
Depreciation
At 1 April 2024 9,431
Charge for the year 1,000
At 31 March 2025 10,431
Net book value
At 31 March 2025 1,000
At 31 March 2024 2,000
4 Investments
Investments in
subsidiary Other
undertakings investments Total
£ £ £
Cost
At 1 April 2024 - 500,000 500,000
Revaluation - 56,594 56,594
Charges and Fees - - -
At 31 March 2025 - 556,594 556,594
5 Debtors 2025 2024
£ £
Trade debtors 29,546 315,715
Other debtors 2,460 2,460
32,006 318,175
6 Investments held as current assets 2025 2024
£ £
Fair value
Increase/(decrease) in fair value included in the profit and loss account for the financial year
Listed investments 56,594 -
7 Creditors: amounts falling due within one year 2025 2024
£ £
Trade creditors 6,042 -
Taxation and social security costs 100,327 222,973
Other creditors 900 900
107,269 223,873
8 Other information
B2PM Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Empress Business Centre
Suite 2.16
380 Chester Road
Manchester
M16 9EA
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