Company Registration No. 12988087 (England and Wales)
BQSL LIMITED
Unaudited accounts
for the period from 30 November 2023 to 30 November 2024
BQSL LIMITED
Unaudited accounts
Contents
BQSL LIMITED
Company Information
for the period from 30 November 2023 to 30 November 2024
Directors
Mitchell Sellman
JONES, Christopher Raymond, Dr
Company Number
12988087 (England and Wales)
Accountants
MUSON&HILLS LLP
LOWFIELD HOUSE
BROCKET ROAD
HODDESDON
HERTFORDSHIRE
EN11 8NZ
BQSL LIMITED
Statement of financial position
as at 30 November 2024
Intangible assets
55,494
3,538
Cash at bank and in hand
(7,238)
5,656
Creditors: amounts falling due within one year
11,687
(7,866)
Net current assets
4,960
5,283
Total assets less current liabilities
60,454
8,821
Creditors: amounts falling due after more than one year
(125,000)
(67,500)
Net liabilities
(64,546)
(58,679)
Called up share capital
10
10
Profit and loss account
(64,556)
(58,689)
Shareholders' funds
(64,546)
(58,679)
For the period ending 30 November 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 August 2025 and were signed on its behalf by
Mitchell Sellman
Director
Company Registration No. 12988087
BQSL LIMITED
Notes to the Accounts
for the period from 30 November 2023 to 30 November 2024
BQSL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12988087.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the period from 30 November 2023 to 30 November 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
At 30 November 2024
56,960
Charge for the period
1,073
At 30 November 2024
55,494
Staff wages were capitalised as part of the creation of Intellectual Property
BQSL LIMITED
Notes to the Accounts
for the period from 30 November 2023 to 30 November 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
(252)
7,416
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
-
7,500
8
Average number of employees
During the period the average number of employees was 3 (2023: 3).