BD Commerce Ltd - Filleted accounts

Registered number

13803717

BD Commerce Ltd

Filleted Accounts

31 December 2024

BD Commerce Ltd
Registered number:		13803717
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		36,429			28,556

Current assets
Debtors	4	130,336			195,526
Cash at bank and in hand		236,741			275,626
		367,077			471,152

Creditors: amounts falling due within one year	5	(238,974)			(374,781)

Net current assets			128,103			96,371

Total assets less current liabilities			164,532			124,927


Provisions for liabilities			(9,107)			(5,427)


Net assets			155,425			119,500

Capital and reserves
Called up share capital			100			100
Profit and loss account			155,325			119,400

Shareholders' funds			155,425			119,500

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
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.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




J. A. Myford
Director
Approved by the board on 17 December 2025

BD Commerce Ltd
Notes to the Accounts
for the year ended 31 December 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery	-	15% on a reducing balance method

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees			2024		2023
Number					Number

	Average number of persons employed by the company			1		2


3	Tangible fixed assets
						Plant and machinery etc
£
	Cost
	At 1 January 2024					35,565
	Additions					14,302
	At 31 December 2024					49,867

	Depreciation
	At 1 January 2024					7,009
	Charge for the year					6,429
	At 31 December 2024					13,438

	Net book value
	At 31 December 2024					36,429
	At 31 December 2023					28,556


4	Debtors			2024		2023
£					£

	Trade debtors			1,659		13,207
	Other debtors			128,677		182,319
				130,336		195,526


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

	Trade creditors			110,449		277,091
	Taxation and social security costs			9,920		3,081
	Other creditors			118,605		94,609
				238,974		374,781


6	Other information

	BD Commerce Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	3A Cartwright Court
	Bradley Business Park
	Huddersfield
	HD2 1GN