Registration number: 07080782

BBN Limited

Contents

Company Information	1
Abridged Balance Sheet	2 to 3
Notes to the Unaudited Abridged Financial Statements	4 to 9

BBN Limited

Company Information

Director

Mr Robert Gordon Bennett

Registered office

C/o Manor House Nursery 145 Southmead Road Westbury-On-Trym Bristol BS10 5DW

Accountants

Onyx Accountants Limited Chartered Management AccountantsOnyx House 12 Phoenix Business Park Avenue Close Birmingham West Midlands B7 4NU

BBN Limited

(Registration number: 07080782)
Abridged Balance Sheet as at 31 August 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	-	5,250
Tangible assets	5	704,855	621,564
Other financial assets		-	287,465
		704,855	914,279
Current assets
Debtors		717,981	353,231
Cash at bank and in hand		256,075	229,300
		974,056	582,531
Prepayments and accrued income		63,178	50,507
Creditors: Amounts falling due within one year		(312,253)	(362,340)
Net current assets		724,981	270,698
Total assets less current liabilities		1,429,836	1,184,977
Creditors: Amounts falling due after more than one year		(969,225)	(720,238)
Provisions for liabilities		(129,315)	(133,075)
Accruals and deferred income		(30,080)	(30,000)
Net assets		301,216	301,664
Capital and reserves
Called up share capital		1	1
Retained earnings		301,215	301,663
Shareholders' funds		301,216	301,664

For the financial year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

BBN Limited

(Registration number: 07080782)
Abridged Balance Sheet as at 31 August 2025

Approved and authorised by the director on 19 November 2025
 

......................................... Mr Robert Gordon Bennett Director

BBN Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2025

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
C/o Manor House Nursery 145 Southmead Road
Westbury-On-Trym
Bristol
BS10 5DW
England

These financial statements were authorised for issue by the director on 19 November 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

BBN Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2025

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	25% on reducing balance
Fixtures and fittings	15% on reducing balance
Computer equipment	25% on reducing balance
Refurbishment costs	10% on reducing balance
Motor vehicles	25% on reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	10% on straight line

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

BBN Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2025

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

BBN Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2025

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 77 (2024 - 74).

BBN Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2025

4	Intangible assets

	Total £
Cost or valuation
At 1 September 2024	226,150
At 31 August 2025	226,150
Amortisation
At 1 September 2024	220,900
Amortisation charge	5,250
At 31 August 2025	226,150
Carrying amount
At 31 August 2025	-
At 31 August 2024	5,250

5	Tangible assets

	Long leasehold land and buildings £	Fixtures and fittings £	Plant and machinery £	Office equipment £
Cost or valuation
At 1 September 2024	925,504	207,274	135,572	45,524
Additions	98,955	9,836	6,398	6,115
Disposals	-	-	-	-
At 31 August 2025	1,024,459	217,110	141,970	51,639
Depreciation
At 1 September 2024	456,966	166,824	120,669	34,348
Charge for the year	54,334	15,091	6,809	4,322
Eliminated on disposal	-	-	-	-
At 31 August 2025	511,300	181,915	127,478	38,670
Carrying amount
At 31 August 2025	513,159	35,195	14,492	12,969
At 31 August 2024	468,538	40,450	14,903	11,176

BBN Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2025

	Motor vehicles  £	Total £
Cost or valuation
At 1 September 2024	247,825	1,561,699
Additions	171,662	292,966
Disposals	(227,837)	(227,837)
At 31 August 2025	191,650	1,626,828
Depreciation
At 1 September 2024	161,328	940,135
Charge for the year	43,013	123,569
Eliminated on disposal	(141,731)	(141,731)
At 31 August 2025	62,610	921,973
Carrying amount
At 31 August 2025	129,040	704,855
At 31 August 2024	86,497	621,564

Included within the net book value of land and buildings above is £513,159 (2024 - £468,538) in respect of long leasehold land and buildings.