| BANYA FAMILY PLACEMENT AGENCY LTD |
| Registered Number:03161115 |
For the year ended 31 March 2025
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2025
BANYA FAMILY PLACEMENT AGENCY LTD
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
BANYA FAMILY PLACEMENT AGENCY LTD
Statement of Financial Position
2024
2025
| Property, plant and equipment |
38,153
37,158
3
38,153
37,158
| Trade and other receivables |
3,556,124
3,906,993
4
597,614
| Cash and cash equivalents |
378,798
4,285,791
4,153,738
| Trade and other payables: amounts falling due within |
| one year |
(761,833)
(473,850)
5
3,391,905
3,811,941
Net current assets
| Total assets less current liabilities |
3,850,094
3,429,063
| Trade and other payables: amounts falling due after |
| more than one year |
(31,531)
(150,554)
6
(9,545)
(9,290)
| Provisions for liabilities |
3,689,995
Net assets
3,388,242
3,689,995
3,388,242
3,689,995
3,388,242
Members' Funds
| For the year ended 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 of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006 |
| The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
| b) preparing financial statements which give a true and fair view of the state of affairs of the company as at |
| the end of each financial year and of its profit or loss for each financial year in accordance with the |
| requirements of Section 394 and 395 and which otherwise comply with the requirements of the |
| Companies Act 2006 relating to financial statements, so far as applicable to the company. |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
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For the year ended 31 March 2025
BANYA FAMILY PLACEMENT AGENCY LTD
Statement of Financial Position Continued
| Ms Nyasha Gwatidzo Director |
| These financial statements were approved and authorised for issue by the Board on 30 December 2025 and were signed by: |
| The notes form part of these financial statements |
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For the year ended 31 March 2025
BANYA FAMILY PLACEMENT AGENCY LTD
Notes to the Financial Statements
Statutory Information
| BANYA FAMILY PLACEMENT AGENCY LTD is a private limited company, limited by guarantee, |
| domiciled in England and Wales, registration number 03161115. |
Unit 1,6&7 Croxted Mews
286a-288 Croxted Road
London
SE24 9DA
| The presentation currency is £ sterling. |
Basis of preparing the financial statements
| These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
| Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' |
| and the Companies Act 2006. The financial statements have been prepared under the historical costs |
| convention as modified by the revaluation of certain assets. |
Revenue recognition
| Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Goodwill
| Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of 5 years. |
Property, plant and equipment
| Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Computer equipment
Deferred tax
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Hire purchase and leasing commitments
| Rentals payable under operating leases are charged against income on a straight line basis over the lease term. |
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For the year ended 31 March 2025
BANYA FAMILY PLACEMENT AGENCY LTD
Notes to the Financial Statements Continued
| 2. Intangible fixed assets |
Goodwill
500,000
500,000
500,000
500,000
-
-
Intangible Fixed Assets represents the amortized purchase cost of a Director's unincorporated business.
| 3. Property, plant and equipment |
121,281
12,144
109,137
15,532
15,235
297
(1,245)
(1,363)
(2,608)
108,071
26,134
134,205
| Provision for depreciation and impairment |
84,123
2,996
81,127
Charge for year
12,996
6,192
6,804
(1,067)
(726)
(341)
96,052
8,462
87,590
20,481
17,672
38,153
28,010
9,148
37,158
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For the year ended 31 March 2025
BANYA FAMILY PLACEMENT AGENCY LTD
Notes to the Financial Statements Continued
| 4. Trade and other receivables |
2024
2025
777,529
829,387
| Amounts owed by group undertakings and participating interes |
| ts |
3,010,197
2,621,408
119,267
105,329
3,556,124
3,906,993
| 5. Trade and other payables: amounts falling due within one year |
2024
2025
358,116
387,592
| Taxation and social security |
99,824
158,851
15,910
215,390
473,850
761,833
| 6. Trade and other payables: amounts falling due after more than one year |
2024
2025
150,554
31,531
| 7. Related party transactions |
| Banya Family Ltd. A company, incorporated in the United Kingdom under common control. During the |
| period, Banya Family Ltd. invoiced the company for services amounting to £2,100,000. At the year end |
| £1,473,212 was due from Banya Family Ltd. (2022: £1,897,772). |
| 8. Average number of persons employed |
During the year the average number of employees was 5 (2024 : 3)
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