REGISTERED NUMBER: 07473073 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

B BIDS LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Ms F Wright

C M D Turner

J G C Clark

SECRETARY:

Mrs C Cox

REGISTERED OFFICE:

33 Margaret Street

London

W1G 0JD

BUSINESS ADDRESS:

1 Woodbridge Road

Ipswich

Suffolk

IP4 2EA

REGISTERED NUMBER:

07473073 (England and Wales)

AUDITORS:

Knights Lowe Limited

Eldo House

Kempson Way

Suffolk Business Park

Bury St Edmunds

Suffolk

IP32 7AR

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,574

3,417

1,574

3,417

CURRENT ASSETS

Debtors

6

29,806

23,104

Cash at bank

277,344

248,668

307,150

271,772

CREDITORS

Amounts falling due within one year

7

98,141

104,210

NET CURRENT ASSETS

209,009

167,562

TOTAL ASSETS LESS CURRENT LIABILITIES

210,583

170,979

CAPITAL AND RESERVES

Called up share capital

8

1

1

Retained earnings

210,582

170,978

SHAREHOLDERS' FUNDS

210,583

170,979

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 24 September 2025 and were signed on its behalf by:

C M D Turner - Director

1.	STATUTORY INFORMATION

B BIDS 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.

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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries and parents within the group.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax .

Membership income is recognised on a straight line basis over the period to which the membership relates.

Income from all other services provided by the company is recognised when the right to consideration is obtained through performance.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website development is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets

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

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

33% on cost

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, bank facilities and loans with related parties.

Debt instruments that are payable or receivable within one year, such as trade payables or receivables, are measured at the undiscounted amount of the cash or other consideration expected to be paid or received. Debt instruments that are repayable or receivable after one year are initially measured at the present value of the future cash flows and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each financial year for evidence of impairment. If objective evidence of impairment is found an impairment loss is recognised in the Income Statement.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Website

developmen

£

COST

At 1 January 2024

and 31 December 2024

13,140

AMORTISATION

At 1 January 2024

and 31 December 2024

13,140

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2024

971

10,062

11,033

Additions

-

71

71

At 31 December 2024

971

10,133

11,104

DEPRECIATION

At 1 January 2024

356

7,260

7,616

Charge for year

123

1,791

1,914

At 31 December 2024

479

9,051

9,530

NET BOOK VALUE

At 31 December 2024

492

1,082

1,574

At 31 December 2023

615

2,802

3,417

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

16,533

13,373

Amounts owed by group undertakings

12,671

7,137

Other debtors

602

2,594

29,806

23,104

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

15,391

-

Amounts owed to group undertakings

12,929

21,132

Taxation and social security

2,857

6,844

Other creditors

66,964

76,234

98,141

104,210

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1

Ordinary

1

1

1

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Michael Mortimer FCA FCCA (Senior Statutory Auditor)

for and on behalf of Knights Lowe Limited

10.	ULTIMATE PARENT COMPANY

B BIDS LTD is a wholly owned subsidiary of Savills (UK) Limited, registered in England, number 02605138. Therefore the immediate parent undertaking of B BIDS LTD is Savills (UK) Limited.

The ultimate parent undertaking and controlling party is Savills plc, which is the parent undertaking of the smallest and largest group to consolidate these financial statements. Copies of the Savills plc Annual Report and Accounts are available from the Company Secretary at 33 Margaret Street, London W1G 0JD.