Business Fives Ltd Accounts






Business Fives Ltd

	Company No. SC532079
		Information for Filing with The Registrar
		30 April 2025

The Director presents his report and the accounts for the year ended 30 April 2025.

Principal activities
The principal activity of the company during the year under review was sport and charitable activities.




Director

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

J.J. McClarey









































































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

J.J. McClarey
Director
12 December 2025

at	30 April 2025
Company No.		SC532079	Notes	2025	2024
				£	£
Fixed assets

	Tangible assets		4	14,321	14,847


				14,321	14,847
Current assets

	Debtors		5	79,042	77,352

	Cash at bank and in hand			38,742	9,753
				117,784	87,105
Creditors: Amount falling due within one year			6	(132,102)	(102,252)
Net current liabilities				(14,318)	(15,147)
Total assets less current liabilities				3	(300)




Net assets/(liabilities)				3	(300)

Capital and reserves
	Called up share capital			1	1



	Profit and loss account		8	2	(301)

Total equity				3	(300)



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 30 April 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 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 12 December 2025 and signed on its behalf by:
J.J. McClarey
Director
12 December 2025

for the year ended 30 April 2025

General information

Business Fives Ltd is a private company limited by shares and incorporated in Scotland.

Its registered number is: SC532079

Its registered office is:

3 Queen Street

Edinburgh

EH2 1JE

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

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Tangible fixed assets and depreciation

Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses.

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss.

Depreciation is provided at the following annual rates in order to write off the cost or valuation less the estimated residual value of each asset over its estimated useful life:

Plant and machinery

25% Reducing balance

Freehold investment property

Investment properties are revalued annually and any surplus or deficit is dealt with through the profit and loss account.

No depreciation is provided in respect of investment properties.

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.

3	Employees
			2025	2024
			Number	Number
		The average monthly number of employees (including directors) during the year was:	8	8

4	Tangible fixed assets
			Land and buildings	Plant and machinery	Total
			£	£	£
		Cost or revaluation
		At 1 May 2024	12,743	10,989	23,732




		At 30 April 2025	12,743	10,989	23,732
		Depreciation
		At 1 May 2024	-	8,885	8,885
		Charge for the year	-	526	526



		At 30 April 2025	-	9,411	9,411
		Net book values
		At 30 April 2025	12,743	1,578	14,321
		At 30 April 2024	12,743	2,104	14,847

5	Debtors
			2025	2024
			£	£
		Trade debtors	27,892	1,566
		Amounts owed by group undertakings	50,000	50,000



		Loans to directors	1,150	25,786


			79,042	77,352

6	Creditors:
		amounts falling due within one year
			2025	2024
			£	£

		Bank loans and overdrafts	1,225	-


		Trade creditors	10,608	5,115

		Taxes and social security	40,547	27,334

		Other creditors	73,022	69,802
		Accruals and deferred income	6,700	1
			132,102	102,252

Share Capital

1000 ordinary shares worth £1 fully paid

Reserves

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

9	Dividends
			2025	2024
			£	£
		Dividends for the period:
		Dividends paid in the period	3,850	-

			3,850	-

		Dividends by type:
		Non-equity preference dividends	-	-
		Equity dividends	3,850	-
			3,850	-