REGISTERED NUMBER: 08134342 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

B-CON LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Dr J Conibear

Mrs B M Conibear

REGISTERED OFFICE:

Willow House

7 Nursery Grove

Takeley

Essex

CM22 6YG

REGISTERED NUMBER:

08134342 (England and Wales)

ACCOUNTANTS:

Wilson Devenish

67 Newland Street

Witham

Essex

CM8 1AA

FIXED ASSETS

Tangible assets

4

96,905

128,445

Investments

5

100,500

100,500

197,405

228,945

CURRENT ASSETS

Debtors

6

1,645,620

1,161,203

Cash at bank

177,604

120,878

1,823,224

1,282,081

CREDITORS

Amounts falling due within one year

7

298,566

167,771

NET CURRENT ASSETS

1,524,658

1,114,310

TOTAL ASSETS LESS CURRENT LIABILITIES

1,722,063

1,343,255

PROVISIONS FOR LIABILITIES

24,226

32,112

NET ASSETS

1,697,837

1,311,143

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,697,737

1,311,043

SHAREHOLDERS' FUNDS

1,697,837

1,311,143

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

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 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 September 2025 and were signed on its behalf by:

Dr J Conibear - Director

1.	STATUTORY INFORMATION

B-CON 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.

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 etc

-

33% on reducing balance and 25% on cost

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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2024

19,189

210,371

39,260

268,820

Additions

-

-

18,734

18,734

At 31 December 2024

19,189

210,371

57,994

287,554

DEPRECIATION

At 1 January 2024

8,271

116,873

15,231

140,375

Charge for year

4,797

31,166

14,311

50,274

At 31 December 2024

13,068

148,039

29,542

190,649

NET BOOK VALUE

At 31 December 2024

6,121

62,332

28,452

96,905

At 31 December 2023

10,918

93,498

24,029

128,445

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 January 2024

and 31 December 2024

100,500

NET BOOK VALUE

At 31 December 2024

100,500

At 31 December 2023

100,500

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

89,134

58,476

Other debtors

1,556,486

1,102,727

1,645,620

1,161,203

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Taxation and social security

295,172

164,548

Other creditors

3,394

3,223

298,566

167,771

8.	RELATED PARTY DISCLOSURES

At the balance sheet date, other debtors included a loan to the director, Dr. J. Conibear, amounting to £675,142. Interest was charged on this loan at a market rate. The loan was under no formal terms.