| BBI Independent Financial Advisers Limited |
| Registered Number:05636740 |
For the year ended 31 December 2024
England and Wales
Unaudited Financial Statements
For the year ended 31 December 2024
BBI Independent Financial Advisers Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
BBI Independent Financial Advisers Limited
Statement of Financial Position
2023
2024
| Property, plant and equipment |
2,475
3,425
2
2,475
3,425
20,000
20,000
3
52,846
| Cash and cash equivalents |
75,062
95,062
72,846
| Trade and other payables: amounts falling due within one |
| year |
(51,226)
(55,830)
4
21,620
39,232
Net current assets
| Total assets less current liabilities |
41,707
25,045
41,707
Net assets
25,045
200
200
41,507
24,845
41,707
25,045
Shareholders' funds
| For the year ended 31 December 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 of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
| 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. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
| These financial statements were approved and authorised for issue by the Board on 11 September 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 December 2024
BBI Independent Financial Advisers Limited
Notes to the Financial Statements
Statutory Information
| BBI Independent Financial Advisers Limited is a private limited company, limited by shares, domiciled in England and |
| Wales, registration number 05636740. |
28-29 New Road
Kidderminster
Worcestershire
DY10 1AF
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
| Companies Act 2006. The financial statements have been prepared under the historical costs convention. |
Revenue recognition
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Property, plant and equipment
| Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Furniture and Fittings
Pension costs and other post-retirement benefits
| The company operates a defined contribution pension scheme for the benefit of its directors/and employees. Contributions payable are charged to the profit and loss account in the period in which they are payable. |
Cash & Cash Equivalents
| Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, |
| other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank |
| overdrafts are shown within borrowings in current liabilities. |
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For the year ended 31 December 2024
BBI Independent Financial Advisers Limited
Notes to the Financial Statements Continued
| 2. Property, plant and equipment |
15,102
15,102
| Provision for depreciation and impairment |
11,677
Charge for year
950
12,627
2,475
3,425
| 3. Financial instruments at fair value |
2023
2024
20,000
20,000
| 4. Trade and other payables: amounts falling due within one year |
2023
2024
952
2,308
| Taxation and social security |
49,999
44,039
| Accruals and deferred income |
4,700
4,700
179
179
55,830
51,226
| 5. Average number of persons employed |
During the year the average number of employees was 3 (2023 : 3)
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