BNKZ Network Limited Accounts






BNKZ Network Limited

	Company No. 13003173
		Information for Filing with The Registrar
		31 December 2024

The Director presents his report and the accounts for the year ended 31 December 2024.

Principal activities
The principal activity of the company during the year under review was financial intermediation not elsewhere classified.




Director

The Director who served at any time during the year was as follows:

A. Fadlun









































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

A. Fadlun
Director
05 October 2025

at	31 December 2024
Company No.		13003173	Notes	2024	2023
				£	£






Current assets

	Debtors		4	13,007	102

	Cash at bank and in hand			43,777	396,465
				56,784	396,567
Creditors: Amount falling due within one year			5	(211,311)	(178,903)
Net current (liabilities)/assets				(154,527)	217,664
Total assets less current liabilities				(154,527)	217,664




Net (liabilities)/assets				(154,527)	217,664

Capital and reserves
	Called up share capital			102	102



	Profit and loss account		7	(154,629)	217,562

Total equity				(154,527)	217,664



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the year ended 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 05 October 2025 and signed on its behalf by:
A. Fadlun
Director
05 October 2025

for the year ended 31 December 2024

General information

BNKZ Network Limited is a private company limited by shares and incorporated in England and Wales.

The company's registered number is: 13003173

The address of the company's registered office is:

201 Haverstock Hill

London

NW3 4QG

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland (January 2022) and the Companies Act 2006.

Going concern

These financial statements have been prepared on a going concern basis. The director, having considered the financial position of the company for a period of at least twelve months from the date of signing these financial statements, has no reason to believe that a material uncertainty exists that may cast doubt about the ability of the company to continue as a going concern. Accordingly the director has a reasonable expectation that the company will continue in operational existence and therefore he continues to adopt the going concern basis of accounting to prepare the financial statements.

Accounting policies

Turnover

Revenue for provision of services is recognised when it is probable that an economic benefit will flow to the entity and the revenue and costs can be reliably measured. For continuing services, revenue is recognised when the stage of completion can be reliably measured using a percentage of completion method.

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Foreign currencies

The functional and presentational currency of the company is Sterling. The accounts are rounded to the nearest pound.

Transactions in currencies, other than the functional currency of the Company, are recorded at the rate of exchange on the date the transaction occurred. Monetary items denominated in other currencies are translated at the rate prevailing at the end of the reporting period. all differences are taken to the profit and loss account. Non-monetary items that are measured at historic cost in a foreign currency are not retranslated.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors including expectations of future events that are believed to be reasonable under the circumstances.

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable.

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Loans and borrowings

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

Defined contribution pensions

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations.

The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

3	Employees
			2024	2023
			Number	Number
		The average monthly number of employees (including directors) during the year was:	3	5

4	Debtors
			2024	2023
			£	£






		Other debtors	13,007	102

			13,007	102

5	Creditors:
		amounts falling due within one year
			2024	2023
			£	£






		Taxes and social security	197,228	147,037
		Loans from directors	3,566	4,838
		Other creditors	7,017	23,528
		Accruals and deferred income	3,500	3,500
			211,311	178,903

Share Capital

The company has issued 102 ordinary shares, fully paid-up, of £1 each, amounting to a share capital of £102.

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

8	Dividends
			2024	2023
			£	£
		Dividends for the period:
		Dividends paid in the period	885,716	277,147

			885,716	277,147

		Dividends by type:

		Equity dividends	885,716	277,147
			885,716	277,147

Related party disclosures

Transactions with related parties

The company paid consulting fees of £154,722 (2023: £137,354) to RNA Z Consulting Ltd, a shareholder of the company.