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REGISTERED NUMBER: 13660333 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

B1st Holdings Ltd

B1st Holdings Ltd (Registered number: 13660333)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


B1st Holdings Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTOR: Mr A Hands





REGISTERED OFFICE: 18 St Christopher's Way
Pride Park
Derby
Derbyshire
DE24 8JY





REGISTERED NUMBER: 13660333 (England and Wales)





ACCOUNTANTS: Franklins
18 St Christopher's Way
Pride Park
Derby
Derbyshire
DE24 8JY

B1st Holdings Ltd (Registered number: 13660333)

Balance Sheet
31 December 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,316 3,088
Investments 5 305,905 305,905
Investment property 6 480,000 450,000
788,221 758,993

CURRENT ASSETS
Debtors 7 130,927 129,776
Cash at bank 4,303 4,658
135,230 134,434
CREDITORS
Amounts falling due within one year 8 471,150 449,561
NET CURRENT LIABILITIES (335,920 ) (315,127 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

452,301

443,866

CREDITORS
Amounts falling due after more than one
year

9

(297,672

)

(304,256

)

PROVISIONS FOR LIABILITIES (12,204 ) (4,125 )
NET ASSETS 142,425 135,485

CAPITAL AND RESERVES
Called up share capital 10 51 51
Non distributable reserves 11 34,877 12,377
Retained earnings 107,497 123,057
SHAREHOLDERS' FUNDS 142,425 135,485

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

B1st Holdings Ltd (Registered number: 13660333)

Balance Sheet - continued
31 December 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 June 2025 and were signed by:





Mr A Hands - Director


B1st Holdings Ltd (Registered number: 13660333)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

B1st Holdings Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

B1st Holdings Ltd (Registered number: 13660333)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 January 2024
and 31 December 2024 4,117
DEPRECIATION
At 1 January 2024 1,029
Charge for year 772
At 31 December 2024 1,801
NET BOOK VALUE
At 31 December 2024 2,316
At 31 December 2023 3,088

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2024
and 31 December 2024 305,905
NET BOOK VALUE
At 31 December 2024 305,905
At 31 December 2023 305,905

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 January 2024 450,000
Revaluations 30,000
At 31 December 2024 480,000
NET BOOK VALUE
At 31 December 2024 480,000
At 31 December 2023 450,000

Fair value at 31 December 2024 is represented by:
£   
Valuation in 2023 16,502
Valuation in 2024 30,000
Cost 433,498
480,000

B1st Holdings Ltd (Registered number: 13660333)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

6. INVESTMENT PROPERTY - continued

If Investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 433,498 433,498

Investment property was valued on an open market basis on 31 December 2024 by the director .

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 38,000 -
Directors' current accounts 92,390 127,941
VAT 35 1,387
Prepayments and accrued income 502 448
130,927 129,776

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 6,469 6,090
Tax 3,274 -
Other creditors 444,964 394,429
Accruals and deferred income 16,443 49,042
471,150 449,561

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 6,882 6,478
Bank loans - 2-5 years 15,135 14,178
Bank loans more 5 yr by instal 275,655 283,600
297,672 304,256

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 275,655 283,600

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
51 Ordinary 1 51 51

B1st Holdings Ltd (Registered number: 13660333)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

11. RESERVES
Non
distributable
reserves
£   
At 1 January 2024 12,377
Non distributable reserves 22,500

At 31 December 2024 34,877

12. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024 2023
£    £   
Mr A Hands
Balance outstanding at start of year 127,941 -
Amounts advanced 95,618 166,941
Amounts repaid (128,169 ) (39,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 95,390 127,941

The director's loan account was repaid within nine months of the year end. Interest was charged on the overdrawn director's loan account at HM Revenue & Customs official rate of interest during the year being 2.25% per annum.

13. RELATED PARTY DISCLOSURES

The balance outstanding on interest free loans provided to companies with common directors amounted to £38,000 (2023 : £65,000 CR).

The balance outstanding on interest free loans provided from a company controlled by the entity amounted to £444,964 (2023 : £322,428).