BUSINESS MENTORING FOR GROWING COMPANIES LIMITED

Company Registration Number:
10543393 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2024

Period of accounts

Start date: 1 January 2024

End date: 31 December 2024

BUSINESS MENTORING FOR GROWING COMPANIES LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Additional notes
Balance sheet notes

BUSINESS MENTORING FOR GROWING COMPANIES LIMITED

Balance sheet

As at 31 December 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 3,236 2,431
Total fixed assets: 3,236 2,431
Current assets
Debtors: 4 20,491 17,319
Cash at bank and in hand: 14,581 42,620
Total current assets: 35,072 59,939
Creditors: amounts falling due within one year: 5 ( 33,309 ) ( 30,389 )
Net current assets (liabilities): 1,763 29,550
Total assets less current liabilities: 4,999 31,981
Creditors: amounts falling due after more than one year: 6 ( 1,250 ) ( 4,250 )
Provision for liabilities: ( 809 ) ( 607 )
Total net assets (liabilities): 2,940 27,124
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 2,840 27,024
Total Shareholders' funds: 2,940 27,124

The notes form part of these financial statements

BUSINESS MENTORING FOR GROWING COMPANIES LIMITED

Balance sheet statements

For the year ending 31 December 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.

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

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

This report was approved by the board of directors on 31 August 2025
and signed on behalf of the board by:

Name: P A Clarke
Status: Director

The notes form part of these financial statements

BUSINESS MENTORING FOR GROWING COMPANIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    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 recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. Revenue from the provision of services is recognised by reference to the stage of completion when the stage of completion.

    Tangible fixed assets depreciation policy

    Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Computer equipment - 3 years straight line Office equipment - 5 years straight line

BUSINESS MENTORING FOR GROWING COMPANIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 2 2

BUSINESS MENTORING FOR GROWING COMPANIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 January 2024 9,045 9,045
Additions 2,980 2,980
Disposals ( 2,668 ) ( 2,668 )
Revaluations
Transfers
At 31 December 2024 9,357 9,357
Depreciation
At 1 January 2024 6,614 6,614
Charge for year 1,635 1,635
On disposals ( 2,128 ) ( 2,128 )
Other adjustments
At 31 December 2024 6,121 6,121
Net book value
At 31 December 2024 3,236 3,236
At 31 December 2023 2,431 2,431

BUSINESS MENTORING FOR GROWING COMPANIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Debtors

2024 2023
£ £
Trade debtors 20,491 15,360
Other debtors 1,959
Total 20,491 17,319

Other debtors represents amounts due from the directors and have been repaid since the year end.

BUSINESS MENTORING FOR GROWING COMPANIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 3,000 3,000
Taxation and social security 22,388 27,389
Other creditors 7,921
Total 33,309 30,389

BUSINESS MENTORING FOR GROWING COMPANIES LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 1,250 4,250
Total 1,250 4,250