REGISTERED NUMBER: 11649250 (England and Wales)

Business Standard Ltd

Unaudited Financial Statements

for the Year Ended 31 October 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Director:

J P Roulet

Registered office:

71-75 Shelton Street

Covent Garden

London

WC2H 9JQ

Registered number:

11649250 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

New Derwent House

69-73 Theobalds Road

London

WC1X 8TA

Fixed assets

Tangible assets

4

544

1,088

Current assets

Debtors

5

63,479

81,693

Cash at bank

773

1,402

64,252

83,095

Creditors

Amounts falling due within one year

6

60,910

80,751

Net current assets

3,342

2,344

Total assets less current liabilities

3,886

3,432

Capital and reserves

Called up share capital

7

1

1

Retained earnings

8

3,885

3,431

Shareholders' funds

3,886

3,432

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

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 10 September 2025 and were signed by:

J P Roulet - Director

1.	Statutory information

Business Standard 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.

Going Concern

The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget and future cash flows in making their assessment.

Turnover

Turnover represents amounts receivable for services provided in the year and is stated net of VAT.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	Employees and directors

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

4.	Tangible fixed assets

Computer

equipment

€

Cost

At 1 November 2023

and 31 October 2024

1,632

Depreciation

At 1 November 2023

544

Charge for year

544

At 31 October 2024

1,088

Net book value

At 31 October 2024

544

At 31 October 2023

1,088

5.

Debtors: amounts falling due within one year

2024

2023

€

€

Trade debtors

8,365

9,328

Other debtors

55,114

72,365

63,479

81,693

6.

Creditors: amounts falling due within one year

2024

2023

€

€

Taxation and social security

234

69

Other creditors

60,676

80,682

60,910

80,751

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

€

€

1

Ordinary

1

1

1

8.

Reserves

Retained

earnings

€

At 1 November 2023

3,431

Profit for the year

454

At 31 October 2024

3,885

9.	Related party disclosures

Included in other creditors is €8,549 (2023 - €17,360 debtor) owed to the director.