Graham Beadle Commissioning Services Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 10358217 (England and Wales)

Unaudited Financial Statements for the Year Ended 30th September 2024

for

GRAHAM BEADLE COMMISSIONING SERVICES LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Ms Z Burden

Mr G Beadle

SECRETARY:

Ms Z Burden

REGISTERED OFFICE:

41 St Thomas's Road

Chorley

Lancashire

PR7 1JE

REGISTERED NUMBER:

10358217 (England and Wales)

ACCOUNTANTS:

BK Plus - Chorley

Chartered Certified Accountants

41 St Thomas's Road

Chorley

Lancashire

PR7 1JE

CURRENT ASSETS

Debtors

5

43,413

35,046

Cash at bank

102

1,033

43,515

36,079

CREDITORS

Amounts falling due within one year

6

26,972

19,436

NET CURRENT ASSETS

16,543

16,643

TOTAL ASSETS LESS CURRENT
LIABILITIES

16,543

16,643

CREDITORS

Amounts falling due after more than one
year

7

14,785

15,026

NET ASSETS

1,758

1,617

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

1,658

1,517

SHAREHOLDERS' FUNDS

1,758

1,617

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 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 4th September 2025 and were signed on its behalf by:

Mr G Beadle - Director

1.	STATUTORY INFORMATION

Graham Beadle Commissioning Services 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.

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.

Revenue recognition

Revenue is measured at the fair value of the consideration received or receivable and represents amounts received for services rendered, stated net of discounts.

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

-

15% on reducing balance

Computer equipment

-

33.3% on cost

Impairment of assets

At each reporting date fixed assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in profit or loss.

If an impairment loss subsequently reverses, the carry amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.

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.

Cash and cash equivalents

Cash and cash equivalents includes cash in hand, deposits held with banks and bank overdrafts. Bank overdrafts, when applicable, are shown within borrowings in current liabilities.

Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments’ of FRS 102 to all its financial instruments.

Financial instruments are recognised in the company’s balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1st October 2023

and 30th September 2024

207

1,756

1,963

DEPRECIATION

At 1st October 2023

and 30th September 2024

207

1,756

1,963

NET BOOK VALUE

At 30th September 2024

-

At 30th September 2023

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

Trade debtors

1,400

680

Other debtors

19,316

14,120

Directors' current accounts

22,697

20,246

43,413

35,046

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.24

30.9.23

£

Bank loans and overdrafts

2,222

Trade creditors

816

1,392

Tax

20,761

13,488

Other creditors

1,973

1,146

Accrued expenses

1,200

1,188

26,972

19,436

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.24

30.9.23

£

Bank loans - 1-2 years

2,222

Bank loans - 2-5 years

6,481

6,666

Bank loans more 5 yr by instal

6,082

6,138

14,785

15,026

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

6,082

6,138

8.	SECURED DEBTS

The following secured debts are included within creditors:

30.9.24

30.9.23

£

Bank loans

17,007

17,248

The loan is a government backed Bounce Back Loan.

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30th September 2024 and 30th September 2023:

30.9.24

30.9.23

£

Mr G Beadle and Ms Z Burden

Balance outstanding at start of year

20,246

24,905

Amounts advanced

2,451

-

Amounts repaid

-

(4,659

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

22,697

20,246

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr G Beadle and Ms Z Burden.