B.I. (Trading) Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—3

Registered number: 05713796

		2025		2024
	Notes	£	£	£	£
CURRENT ASSETS
Debtors	4	118,727		100,241
Cash at bank and in hand		3,757		24,690

		122,484		124,931
Creditors: Amounts Falling Due Within One Year	5	(695,093 )		(713,225 )

NET CURRENT ASSETS (LIABILITIES)			(572,609 )		(588,294 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(572,609 )		(588,294 )

NET LIABILITIES			(572,609 )		(588,294 )

CAPITAL AND RESERVES
Called up share capital	6		1		1
Profit and Loss Account			(572,610 )		(588,295 )

SHAREHOLDERS' FUNDS			(572,609)		(588,294)

For the year ending 31 March 2025 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Ms Francesca Canty

Director

21/07/2025

The notes on pages 2 to 3 form part of these financial statements.

1. General Information

B.I. (Trading) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05713796 . The registered office is Bishopsgate Institute, 230 Bishopsgate, London, EC2M 4QH.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors consider that there are no material uncertainties about the company's ability to continue as a going concern. We have a letter of support from the parent charity confirming the trustees' intention to continue to support B.I.(Trading) Limited, through providing working capital and not requesting payment of outstanding creditor balances through to the end of the financial year end 31 March 2025.

As such the financial statements have been prepared on the going concern basis.

2.3. Turnover

Turnover represents net invoiced sales of goods, exclusive of VAT.

Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.

2.4. Taxation

Provision is made on the liability method for all taxation deferred in respect of timing differences to the extent that, in the opinion of the directors, a liability is likely to crystallise in the foreseeable future.

2.5. Debtors

Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayemnts are valued at the amount prepaid net of any trade discounts due.

2.6. Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. Average Number of Employees

Average number of employees, including directors, during the year was: NIL (2024: NIL)

4. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	118,727	96,505
Other debtors	-	3,736

	118,727	100,241

5. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Amounts owed to participating interests	493,748	666,926
Other creditors	201,345	46,299

	695,093	713,225

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B.I. (Trading) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

6. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

7. Related Party Transactions

The company has taken advantage of the exemptions not to disclose any transactions with its parent undertaking conferred by FRS 102 on the grounds that the company's results are included in the consolidated results of the parent undertaking.

8. Ultimate Controlling Party

The ultimate and immediate controlling party is The Bishopsgate Foundation, a charity registered in England and Wales, number 1090923. The financial statements of The Bishopsgate Foundation can be obtained from The Bishopsgate Foundation, 230 Bishopsgate, London EC2M 4QH. The company distributes under Gift Aid available profits to the parent undertaking.

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