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Company Registration No. 11847063 (England and Wales)
Clapham Junction Business Improvement District (BID) Ltd Unaudited accounts for the year ended 31 March 2025
Clapham Junction Business Improvement District (BID) Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Clapham Junction Business Improvement District (BID) Ltd Company Information for the year ended 31 March 2025
Directors
Mr Jonathan Charles Dyson Mr Harvey Jacobs Mr Calvin Anthony Rattray Mr Alistair Milsted Councillor Kemi Akinola
Company Number
11847063 (England and Wales)
Registered Office
16 West Barnes Lane West Wimbledon London SW10 0BU United Kingdom
Accountants
Business Clan Ltd 16 West Barnes Lane West Wimbledon London SW20 0BU
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Clapham Junction Business Improvement District (BID) Ltd Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
3,556
328
Current assets
Debtors
317
68,318
Cash at bank and in hand
114,875
120,804
115,192
189,122
Creditors: amounts falling due within one year
(16,019)
(23,748)
Net current assets
99,173
165,374
Net assets
102,729
165,702
Reserves
5
Profit and loss account
102,729
165,702
Members' funds
102,729
165,702
For the year ending 31 March 2025 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 15 October 2025 and were signed on its behalf by
Mr Harvey Jacobs Director Company Registration No. 11847063
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Clapham Junction Business Improvement District (BID) Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Clapham Junction Business Improvement District (BID) Ltd is a private company, limited by guarantee, registered in England and Wales, registration number 11847063. The registered office is 16 West Barnes Lane, West Wimbledon, London, SW10 0BU, United Kingdom.
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.
Statutory Information
Clapham Junction Business Improvement District (BID) Limited is a private company, limited by guarantee, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33.33%
Computer equipment
33.33%
Principal activities
Clapham Junction Business Improvement (BID) Limited is the business improvement district for Clapham Junction. The results for the year and the financial position of the company are as shown below. Total levy income for 2024-2025 was £ 380,409 (Previous year 2023-2024 was £444,401), of this amount collected £5,120 (2023-2024 £83,806) related to previous year levy collections for 2023 - 2024 The BID has been re-elected for Term commencing from 01.04.2024 till 31.03.2029. We have delivered projects and services with three main aims: Marketing & Promotion Events & Festivals Safe & Welcoming The annual accounts were approved at the AGM on 26 September 2024.
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Clapham Junction Business Improvement District (BID) Ltd Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Total
£
Cost or valuation
At 1 April 2024
78,443
Additions
4,500
At 31 March 2025
82,943
Depreciation
At 1 April 2024
78,115
Charge for the year
1,272
At 31 March 2025
79,387
Net book value
At 31 March 2025
3,556
At 31 March 2024
328
5
Company limited by guarantee
The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
6
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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