Registration number: 10227005

Birkbeck Structures Limited

Contents

Balance Sheet	1 to 2
Statement of Changes in Equity	3
Notes to the Unaudited Financial Statements	4 to 8

Birkbeck Structures Limited

Balance Sheet

as at 30 September 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	4	181,715	270,067
Current assets
Stocks		26,995	29,077
Debtors	5	886,915	1,107,528
Cash at bank and in hand		429,595	19,198
		1,343,505	1,155,803
Creditors: Amounts falling due within one year	6	(1,010,385)	(861,329)
Net current assets		333,120	294,474
Total assets less current liabilities		514,835	564,541
Creditors: Amounts falling due after more than one year	6	(337,420)	(541,796)
Net assets		177,415	22,745
Capital and reserves
Allotted, called up and fully paid share capital		1,000,080	500,080
Profit and loss account		(822,665)	(477,335)
Shareholders' funds		177,415	22,745

Registration number: 10227005

Birkbeck Structures Limited

Balance Sheet

as at 30 September 2024 (continued)

For the financial year ending 30 September 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 29 April 2025 and signed on its behalf by:
 

......................................... Mr J M Walker Director

Birkbeck Structures Limited

Statement of Changes in Equity

for the Year Ended 30 September 2024

	Share capital £	Profit and loss account £	Total £
At 1 October 2023	500,080	(477,335)	22,745
Loss for the year	-	(345,330)	(345,330)
Total comprehensive income	-	(345,330)	(345,330)
New share capital subscribed	500,000	-	500,000
	500,000	(345,330)	154,670
At 30 September 2024	1,000,080	(822,665)	177,415

 

	Share capital £	Profit and loss account £	Total £
At 1 October 2022	80	(87,218)	(87,138)
Loss for the year	-	(390,117)	(390,117)
Total comprehensive income	-	(390,117)	(390,117)
New share capital subscribed	500,000	-	500,000
	500,000	(390,117)	109,883
At 30 September 2023	500,080	(477,335)	22,745

Birkbeck Structures Limited

Notes to the Unaudited Financial Statements

for the Year Ended 30 September 2024

1	General information

The company is a private company limited by shares incorporated in England within the United Kingdom.

The company's registration number is 10227005.

The address of its registered office is:
Jubilee Mills
School Street
Bradford
West Yorkshire
BD4 9PG

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.

Amounts recoverable on contracts are included within trade debtors.

Birkbeck Structures Limited

Notes to the Unaudited Financial Statements

for the Year Ended 30 September 2024 (continued)

2	Accounting policies (continued)

Tax

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

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.

Tangible assets

Tangible assets are stated in the balance sheet at cost (or deemed cost), less any accumulated depreciation and 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 over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Fixtures, fittings and equipment	20% on cost
Short leasehold property improvements	Straight line over the period of the lease
Plant and machinery	20% on cost

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

Birkbeck Structures Limited

Notes to the Unaudited Financial Statements

for the Year Ended 30 September 2024 (continued)

2	Accounting policies (continued)

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Rentals in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to the profit and loss account on a straight-line basis over the period of the lease.

Hire purchase agreements are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are capitalised and depreciated over their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Defined contribution pension obligation

The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions are charged to the profit and loss account.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year was 18 (2023 - 21).

Birkbeck Structures Limited

Notes to the Unaudited Financial Statements

for the Year Ended 30 September 2024 (continued)

4	Tangible assets

	Short leasehold property improvements £	Fixtures, fittings and equipment  £	Plant and machinery  £	Total £
Cost
At 1 October 2023	71,088	103,865	377,485	552,438
Additions	-	-	19,925	19,925
At 30 September 2024	71,088	103,865	397,410	572,363
Depreciation
At 1 October 2023	46,973	72,452	162,946	282,371
Charge for the year	15,230	16,515	76,532	108,277
At 30 September 2024	62,203	88,967	239,478	390,648
Net book value
At 30 September 2024	8,885	14,898	157,932	181,715
At 30 September 2023	24,115	31,413	214,539	270,067

5

Debtors

Current	2024 £	2023 £
Trade debtors	764,761	943,894
Prepayments	60,578	69,300
Other debtors	61,576	94,334
	886,915	1,107,528

Birkbeck Structures Limited

Notes to the Unaudited Financial Statements

for the Year Ended 30 September 2024 (continued)

6

Creditors

		2024 £	2023 £
Due within one year
Trade creditors		595,034	552,288
Bank borrowings		10,000	10,003
HP and finance lease liabilities		61,062	55,772
Taxation and social security		21,550	17,692
Accruals and deferred income		19,719	31,423
Other creditors		613	790
Directors' loan accounts		302,407	193,361
		1,010,385	861,329

Due after one year
Bank borrowings		15,833	25,842
HP and finance lease liabilities		71,587	116,329
Directors' loan accounts		250,000	-
Other non-current financial liabilities		-	399,625
		337,420	541,796

7	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £69,428 (2023 - £185,742). These financial commitments relate to non-cancellable operating leases and are payable over the remaining life of those leases.