1 January 2024 false No description of principal activity Taxfiler 2024.6 08270103business:PrivateLimitedCompanyLtd2024-01-012024-12-31 082701032023-12-31 082701032024-01-012024-12-31 08270103business:AuditExempt-NoAccountantsReport2024-01-012024-12-31 08270103business:AbridgedAccounts2024-01-012024-12-31 082701032024-12-31 08270103business:Director12024-01-012024-12-31 08270103business:Director22024-01-012024-12-31 08270103business:RegisteredOffice2024-01-012024-12-31 082701032023-12-31 08270103core:WithinOneYear2024-12-31 08270103core:WithinOneYear2023-12-31 08270103core:AfterOneYear2024-12-31 08270103core:AfterOneYear2023-12-31 08270103core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 08270103core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 08270103core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 08270103core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 08270103core:PreviouslyStatedAmount2024-12-31 08270103core:PreviouslyStatedAmount2023-12-31 08270103business:SmallEntities2024-01-012024-12-31 08270103countries:EnglandWales2024-01-012024-12-31 082701032023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 08270103 (England and Wales)
BFGSL Ltd Unaudited accounts for the year ended 31 December 2024
BFGSL Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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BFGSL Ltd Company Information for the year ended 31 December 2024
Directors
Mark Faulkner Neil Faulkner
Company Number
08270103 (England and Wales)
Registered Office
18 ST. CROSS STREET 4TH-6TH FLOOR LONDON EC1N 8UN ENGLAND
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BFGSL Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
17,663 
20,282 
Tangible assets
5
231 
324 
17,894 
20,606 
Current assets
Debtors
1,101 
3,228 
Cash at bank and in hand
11,144 
(8,878)
12,245 
(5,650)
Creditors: amounts falling due within one year
(10,935)
6,872 
Net current assets
1,310 
1,222 
Total assets less current liabilities
19,204 
21,828 
Creditors: amounts falling due after more than one year
6,427 
- 
Net assets
25,631 
21,828 
Capital and reserves
Called up share capital
54,209 
54,209 
Profit and loss account
(28,578)
(32,381)
Shareholders' funds
25,631 
21,828 
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 11 September 2025 and were signed on its behalf by
Neil Faulkner Director Company Registration No. 08270103
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BFGSL Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
BFGSL Ltd is a private company, limited by shares, registered in England and Wales, registration number 08270103. The registered office is 18 ST. CROSS STREET, 4TH-6TH FLOOR, LONDON, EC1N 8UN, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4
Intangible fixed assets
Total 
£ 
Cost
At 1 January 2024
86,795 
At 31 December 2024
86,795 
Amortisation
At 1 January 2024
66,513 
Charge for the year
2,619 
At 31 December 2024
69,132 
Net book value
At 31 December 2024
17,663 
At 31 December 2023
20,282 
5
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 January 2024
2,813 
At 31 December 2024
2,813 
Depreciation
At 1 January 2024
2,489 
Charge for the year
93 
At 31 December 2024
2,582 
Net book value
At 31 December 2024
231 
At 31 December 2023
324 
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BFGSL Ltd Notes to the Accounts for the year ended 31 December 2024
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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