BCB DIGITAL LTD

Company Registration Number:
12071985 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

BCB DIGITAL LTD

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

BCB DIGITAL LTD

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Fixed assets
Tangible assets: 3 20,005 93,684
Investments: 4 50 50
Total fixed assets: 20,055 93,734
Current assets
Debtors:   1,839,844 3,999,629
Cash at bank and in hand: 101,563 99,574
Total current assets: 1,941,407 4,099,203
Creditors: amounts falling due within one year:   (29,773,233) (26,351,341)
Net current assets (liabilities): (27,831,826) (22,252,138)
Total assets less current liabilities: (27,811,771) (22,158,404)
Provision for liabilities:   (51,963)
Total net assets (liabilities): (27,811,771) (22,210,367)
Capital and reserves
Called up share capital: 10 10
Profit and loss account: (27,811,781) (22,210,377)
Shareholders funds: (27,811,771) (22,210,367)

The notes form part of these financial statements

BCB DIGITAL LTD

Balance sheet statements

For the year ending 31 December 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 September 2025
and signed on behalf of the board by:

Name: Oliver Tonkin
Status: Director

The notes form part of these financial statements

BCB DIGITAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates. When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is the present value of the future receipts. The difference between the fair value of the consideration and the nominal amount received is recognised as interest income. Turnover is recognised based on the intercompany managed services agreement between BCB Digital Ltd and other group subsidiaries including the parent company. The revenue is measured based on the specific terms within the agreement and it is recognised on a monthly basis as the expenses are incurred.

Tangible fixed assets and depreciation policy

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Fixtures and fittings 33.33% Straight line Computers 33.33% Straight line

BCB DIGITAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 83 90

BCB DIGITAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 340,373
Additions 18,008
Disposals (82,214)
At 31 December 2024 276,167
Depreciation
At 01 January 2024 246,689
Charge for year 83,919
On disposals (74,446)
At 31 December 2024 256,162
Net book value
At 31 December 2024 20,005
At 31 December 2023 93,684

BCB DIGITAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

4. Fixed investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss. A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities. An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a longterm interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate. Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

BCB DIGITAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

5. Financial commitments

During 2022, the company received notice of a potential claim against it relating to matters existing before 31 December 2021. The timing of any payment in respect of this claim was subject to an uncertain future event occurring and the amount of any such claim could not then be reliably measured. As at the balance sheet date, the claim remained subject to legal proceedings. However, after the balance sheet date, the company received confirmation that the potential claim was no longer likely.

BCB DIGITAL LTD

Notes to the Financial Statements

for the Period Ended 31 December 2024

6. Related party transactions

No remuneration was paid to the directors during the year or prior year. The company has taken advantage of the exemptions available in Section 33 Related Party Transactions of FRS 102 to not disclose transactions between wholly owned entities in the group.