BBS WINDOW SOLUTIONS LTD

Company Registration Number:
10276322 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

BBS WINDOW SOLUTIONS LTD

Contents of the Financial Statements

for the Period Ended 31 July 2024

Balance sheet
Notes

BBS WINDOW SOLUTIONS LTD

Balance sheet

As at 31 July 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 16,903 13,754
Total fixed assets: 16,903 13,754
Current assets
Stocks: 2,455 2,455
Debtors:   96,279 127,223
Cash at bank and in hand: 20,743 43,090
Total current assets: 119,477 172,768
Creditors: amounts falling due within one year:   (86,540) (162,444)
Net current assets (liabilities): 32,937 10,324
Total assets less current liabilities: 49,840 24,078
Creditors: amounts falling due after more than one year:   (40,940) (39,769)
Total net assets (liabilities): 8,900 (15,691)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 8,800 (15,791)
Shareholders funds: 8,900 (15,691)

The notes form part of these financial statements

BBS WINDOW SOLUTIONS LTD

Balance sheet statements

For the year ending 31 July 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 19 December 2024
and signed on behalf of the board by:

Name: M Pinder
Status: Director

The notes form part of these financial statements

BBS WINDOW SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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 is reduced for estimated customer returns, rebates and other similar allowances.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases: Plant & Machinery 25% straight line Motor Vehicles 25% straight line Fixtures & Fittings 25% straight line Computer Equipment 33% straight line

Other accounting policies

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses. Taxation Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

BBS WINDOW SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

2. Employees

2024 2023
Average number of employees during the period 11 9

BBS WINDOW SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Tangible Assets

Total
Cost £
At 01 August 2023 32,575
Additions 11,450
Disposals (11,695)
At 31 July 2024 32,330
Depreciation
At 01 August 2023 18,821
Charge for year 8,301
On disposals (11,695)
At 31 July 2024 15,427
Net book value
At 31 July 2024 16,903
At 31 July 2023 13,754

BBS WINDOW SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Loans to directors

Name of director receiving advance or credit: M Pinder
Description of the loan: Loan advance
£
Balance at 01 August 2023 26,759
Advances or credits made: 17,696
Advances or credits repaid: 26,800
Balance at 31 July 2024 17,655

The company charges interest at market rate on all overdrawn loan accounts.