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REGISTERED NUMBER: 09961139 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

BIF LIMITED

BIF LIMITED (BY SHARES) (REGISTERED NUMBER: 09961139)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025










Page

Company Information 1

Balance Sheet 2


BIF LIMITED (BY SHARES)

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTOR: A Garnett





REGISTERED OFFICE: C/O Galloways Accounting
The Mill Building
31-35 Chatsworth Road
Worthing
West Sussex
BN11 1LY





REGISTERED NUMBER: 09961139 (England and Wales)





ACCOUNTANTS: Galloways Accounting (Hove) Limited
15 West Street
Brighton
East Sussex
BN1 2RL

BIF LIMITED (BY SHARES) (REGISTERED NUMBER: 09961139)

BALANCE SHEET
31 JANUARY 2025

2025 2024
£    £    £    £   
FIXED ASSETS 8,004 13,971

CURRENT ASSETS 63,199 63,022

CREDITORS
Amounts falling due within one year (67,005 ) (46,167 )
NET CURRENT (LIABILITIES)/ASSETS (3,806 ) 16,855
TOTAL ASSETS LESS CURRENT LIABILITIES 4,198 30,826

CREDITORS
Amounts falling due after more than one year (33,698 ) (27,710 )
NET (LIABILITIES)/ASSETS (29,500 ) 3,116

CAPITAL AND RESERVES (29,500 ) 3,116

NOTES TO THE FINANCIAL STATEMENTS

1. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 12 (2024 - 11 ) .

2. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2025 and 31 January 2024:

2025 2024
£    £   
A Garnett
Balance outstanding at start of year (262 ) (1,387 )
Amounts advanced 24,235 10,450
Amounts repaid (15,390 ) (9,325 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 8,583 (262 )

During the year, A Garnett increased his loan from the company. As at 31 January 2024, the amount outstanding was £8,583 (2024: company owed him £262). This balance represented the maximum amount outstanding during the year and the loan is interest free and repayable on demand.



The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 29 September 2025 and were signed by:





A Garnett - Director