8817692falsecoach hire2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-12-31http://www.companieshouse.gov.uk/cd:Director12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-12-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-01-012024-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-12-31http://www.companieshouse.gov.uk/2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:FRS1022024-01-012024-12-31http://www.companieshouse.gov.uk/2024-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-01-012024-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-01-012024-12-31iso4217:GBPxbrli:sharesxbrli:pure

Registered number: 8817692

Bamgro Limited

ACCOUNTS

FOR THE YEAR ENDED 31/12/2024

Prepared By:

Albeck Limited

Chartered Accountants

49 Mowbray Road

Edgware

Middlesex

HA8 8JL

Bamgro Limited

ACCOUNTS

FOR THE YEAR ENDED 31/12/2024

DIRECTORS

Gedalya Grossnass

REGISTERED OFFICE

49 Mowbray Road

Edgware

Middlesex

HA8 8JL

COMPANY DETAILS

Private company limited by shares registered in EW - England and Wales, registered number 8817692

BANKERS

Natwest

ACCOUNTANTS

Albeck Limited

Chartered Accountants

49 Mowbray Road

Edgware

Middlesex

HA8 8JL

Bamgro Limited

ACCOUNTS
FOR THEYEARENDED31/12/2024
CONTENTS
		Page
Directors' Report		-
Accountants' Report		-
Statement Of Comprehensive Income		-
Balance Sheet		3
Notes To The Accounts		4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account		-
Profit And Loss Account Summaries		-

Bamgro Limited

BALANCE SHEET AT 31/12/2024
						2024				2023
		Notes				£				£
FIXED ASSETS
Tangible assets		2				701,233				667,076
Investment Assets		3				100				100
						701,333				667,176
CURRENT ASSETS
Debtors		4		501,758				536,713
				501,758				536,713
CREDITORS: Amounts falling due within one year		5		267,468				239,754
NET CURRENT ASSETS						234,290				296,959
TOTAL ASSETS LESS CURRENT LIABILITIES						935,623				964,135
CREDITORS: Amounts falling due after more than one year		6				409,931				362,419
PROVISIONS FOR LIABILITIES AND CHARGES		8				98,259				87,581
NET ASSETS						427,433				514,135
CAPITAL AND RESERVES
Called up share capital		9				2				2
Profit and loss account						427,431				514,133
SHAREHOLDERS' FUNDS						427,433				514,135
For the year ending 31/12/2024 the company was entitled to exemption 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 22/08/2025 and signed on their behalf by
.............................
Gedalya Grossnass
Director

Bamgro Limited

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31/12/2024

1. ACCOUNTING POLICIES

1a. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Commercial Vehicles		reducing balance 10%
Equipment		reducing balance 33%

1b. Pension Costs

The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

1c. Investments

Fixed asset investments are shown at cost less amounts written off.

Provisions are made for permanent fluctuations in value.

1d. Leases

Assets held under finance leases and hire purchase contracts are capitalised in the balance sheet at their fair value and depreciated over their expected useful lives. The interest element of leasing payments represents a constant proportion of the capital balance outstanding and is charged to the profit and loss account over the period of the lease. All other leases are regarded as operating leases and the payments made under them are charged to the profit and loss account on a straight line basis over the lease term.

Bamgro Limited

2. TANGIBLE FIXED ASSETS
		Commercial
		Vehicles		Equipment		Total
		£		£		£
Cost
At 01/01/2024		1,031,459		23,934		1,055,393
Additions		114,022		1,255		115,277
At 31/12/2024		1,145,481		25,189		1,170,670
Depreciation
At 01/01/2024		375,528		12,789		388,317
For the year		76,992		4,128		81,120
At 31/12/2024		452,520		16,917		469,437
Net Book Amounts
At 31/12/2024		692,961		8,272		701,233
At 31/12/2023		655,931		11,145		667,076
Included in the net book value of commerial vehicles is £628,019 (2023: £587,799) of assets held under hire purchase leases. The depreciation charged in respect of these assets in the year totalled £69,780 (2023: £65,311).

3. FINANCIAL ASSETS
		Shares in group companies
		and participating interests		Total
		£		£
Cost
At 01/01/2024		100		100
At 31/12/2024		100		100
Amortisation
Net Book Amounts
At 31/12/2024		100		100
At 31/12/2023		100		100
Investments represent the costs of the whole of the called up share capital of Edgware Zoo Limited (company number 12031733). As of 30 June 2023, Edgware Zoo Limited had net assets of £31,081 (2023: £34,804) and the loss for the year then ended was £3,723 (2023: £17,470 profit).

Bamgro Limited

4. DEBTORS				2024		2023
				£		£
Amounts falling due within one year
Trade debtors				177,446		202,569
VAT				29,971		10,467
Other debtors				55,183		121,338
Amounts due from group companies				35,000		35,000
Prepayments				204,158		167,339
				501,758		536,713

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				2024		2023
				£		£
PAYE control				6,070		16,361
Bank loans and overdrafts				45,729		2,595
Bank Loan				115,976		96,308
Hire purchase				97,802		93,203
Other creditors				491		29,987
Accruals				1,400		1,300
				267,468		239,754

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
				2024		2023
				£		£
Bank loans (unsecured) >1yr				7,500		15,833
Bank loans (secured) >1yr				161,713		157,220
Hire purchase >1yr				240,718		189,366
				409,931		362,419

7. EMPLOYEES
				2024		2023
				No.		No.
Average number of employees				11		9

Bamgro Limited

8. PROVISIONS FOR LIABILITIES				2024		2023
				£		£
Deferred taxation				98,259		87,581
				98,259		87,581

9. SHARE CAPITAL				2024		2023
				£		£
Allotted, issued and fully paid:
2 Ordinary shares of £1 each				2		2
				2		2

10. CONTROLLING PARTY

The company is controlled by G. Grossnass by virtue of the fact that, together with his wife, he owns 100% of the company's issued and called up voting share capital.

11. RELATED PARTY TRANSACTIONS

During the year, certain loans were advanced to the company by the director, G Grossnass. The loans are interest free and repayable on demand. At the year end, the balance due to the director totalled £62,394 (2023: £4,552). During the year, remuneration of £9,330 (2023: £8,513) was paid to G. Grossnass, the director. During the year, dividends of £25,000 (2023: £Nil) each were paid to G Grossnass, the director, and his spouse, totalling £50,000 (2023: £Nil).