REGISTERED NUMBER: 11914536 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

B47 CONTRACTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Directors:

Mr D King

Mr D Hastings

Mr J Woods

Mr J D Wren

Secretary:

Mr D Hastings

Registered office:

New Derwent House

69-73 Theobalds Road

London

WC1X 8TA

Registered number:

11914536 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

New Derwent House

69-73 Theobalds Road

London

WC1X 8TA

Fixed assets

Tangible assets

4

659

878

Current assets

Debtors

5

33,191

41,750

Cash at bank

55,163

75,475

88,354

117,225

Creditors

Amounts falling due within one year

6

86,923

108,655

Net current assets

1,431

8,570

Total assets less current liabilities

2,090

9,448

Creditors

Amounts falling due after more than one year

7

1,333

9,333

Net assets

757

115

Capital and reserves

Called up share capital

8

100

100

Retained earnings

657

15

Shareholders' funds

757

115

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2025 and were signed on its behalf by:

Mr D Hastings - Director

1.	Statutory information

B47 Contracts Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3.	Employees and directors

The average number of employees during the year was 4 (2024 - 4 ) .

4.	Tangible fixed assets

Plant and

Computer

machinery

equipment

Totals

£

£

£

Cost

At 1 April 2024

and 31 March 2025

1,403

927

2,330

Depreciation

At 1 April 2024

799

653

1,452

Charge for year

151

68

219

At 31 March 2025

950

721

1,671

Net book value

At 31 March 2025

453

206

659

At 31 March 2024

604

274

878

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

-

3,240

Other debtors

33,191

38,510

33,191

41,750

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

8,000

8,000

Trade creditors

-

213

Taxation and social security

50,727

63,944

Other creditors

28,196

36,498

86,923

108,655

7.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Bank loans

1,333

9,333

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary Shares

£1

100

100

9.	Directors' advances, credits and guarantees

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

Mr J D Wren

Balance outstanding at start of year

4,388

9,375

Amounts advanced

53,586

57,147

Amounts repaid

(52,799

)

(62,134

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

5,175

4,388

Mr D Hastings

Balance outstanding at start of year

11,374

4,645

Amounts advanced

52,247

53,293

Amounts repaid

(54,349

)

(46,564

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

9,272

11,374

Mr J Woods

Balance outstanding at start of year

11,374

4,645

Amounts advanced

69,449

60,595

Amounts repaid

(71,551

)

(53,866

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

9,272

11,374

Mr D King

Balance outstanding at start of year

11,374

4,645

Amounts advanced

49,152

52,144

Amounts repaid

(51,254

)

(45,415

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

9,272

11,374