BB Technology Ltd 13508012 false 2024-08-01 2025-07-31 2025-07-31 The principal activity of the company is that of the provision of an online platform to allow financial intermediation between investors and institutions. Digita Accounts Production Advanced 6.30.9574.0 true true 13508012 2024-08-01 2025-07-31 13508012 2025-07-31 13508012 bus:OrdinaryShareClass1 2025-07-31 13508012 core:CurrentFinancialInstruments 2025-07-31 13508012 core:CurrentFinancialInstruments core:WithinOneYear 2025-07-31 13508012 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-07-31 13508012 core:FurnitureFittingsToolsEquipment 2025-07-31 13508012 bus:SmallEntities 2024-08-01 2025-07-31 13508012 bus:AuditExemptWithAccountantsReport 2024-08-01 2025-07-31 13508012 bus:FilletedAccounts 2024-08-01 2025-07-31 13508012 bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 13508012 bus:RegisteredOffice 2024-08-01 2025-07-31 13508012 bus:Director1 2024-08-01 2025-07-31 13508012 bus:Director2 2024-08-01 2025-07-31 13508012 bus:Director3 2024-08-01 2025-07-31 13508012 bus:Director4 2024-08-01 2025-07-31 13508012 bus:Director5 2024-08-01 2025-07-31 13508012 bus:Director6 2024-08-01 2025-07-31 13508012 bus:OrdinaryShareClass1 2024-08-01 2025-07-31 13508012 bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 13508012 bus:Agent1 2024-08-01 2025-07-31 13508012 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-08-01 2025-07-31 13508012 core:FurnitureFittingsToolsEquipment 2024-08-01 2025-07-31 13508012 core:OfficeEquipment 2024-08-01 2025-07-31 13508012 countries:EnglandWales 2024-08-01 2025-07-31 13508012 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-07-31 13508012 core:FurnitureFittingsToolsEquipment 2024-07-31 13508012 2023-08-01 2024-07-31 13508012 2024-07-31 13508012 bus:OrdinaryShareClass1 2024-07-31 13508012 core:CurrentFinancialInstruments 2024-07-31 13508012 core:CurrentFinancialInstruments core:WithinOneYear 2024-07-31 13508012 core:CurrentFinancialInstruments core:WithinOneYear core:PreviouslyStatedAmount 2024-07-31 13508012 core:DevelopmentCostsCapitalisedDevelopmentExpenditure 2024-07-31 13508012 core:FurnitureFittingsToolsEquipment 2024-07-31 13508012 core:PreviouslyStatedAmount 2024-07-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 13508012 (England and Wales)

BB Technology Ltd
Unaudited Filleted Financial Statements
for the Year Ended 31 July 2025

BB Technology Ltd

Contents

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

BB Technology Ltd

Company Information

Directors | Mr Marc Simon Downes Mr Paul John Brotherhood Mr Simon Peter Fine Mr Jonny Franklin-Adams Mr Julian Jonathan Morse Mr Timothy Bruce Cockroft

Registered office | Kinetic Business Centre Theobald Street Elstree Herfordshire WD6 4PJ

Accountants | Aventus Partners Limited Chartered AccountantsHygeia Building Ground Floor 66-68 College Road Harrow Middlesex HA1 1BE

BB Technology Ltd

(Registration number: 13508012) (England and Wales)
Balance Sheet as at 31 July 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 4 | 92,640 | 231,791
Tangible assets | 5 | 283 | 354
|  | 92,923 | 232,145
Current assets |  |  |
Debtors | 6 | 6,494 | 6,201
Cash at bank and in hand |  | 352,948 | 271,404
|  | 359,442 | 277,605
Creditors: Amounts falling due within one year | 7 | (10,589) | (40,968)
Net current assets |  | 348,853 | 236,637
Net assets |  | 441,776 | 468,782
Capital and reserves |  |  |
Called up share capital | 8 | 1,600,000 | 1,250,000
Retained earnings |  | (1,158,224) | (781,218)
Shareholders' funds |  | 441,776 | 468,782

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

Directors' 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

The financial statements were approved and authorised for issue by the Board on 9 February 2026 and signed on its behalf by:

......................................... Mr Marc Simon Downes Director |  |

BB Technology Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

1 | General information

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

The address of its registered office is:
Kinetic Business Centre
Theobald Street
Elstree
Herfordshire
WD6 4PJ
United Kingdom

These financial statements were authorised for issue by the Board on 9 February 2026.

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 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 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.

The functional and presentational currency is GBP Sterling (£), being the currency of the primary economic environment in which the company operates in. The amounts are presented rounded to the nearest pound.

Going concern

The financial statements have been prepared on a going concern basis which the directors consider to be appropriate.The company has sufficient funds and a commitment from the shareholders. Therefore, the directors are of the opinion that the company will have sufficient funds to continue to meet its liabilities as they fall due for at least 12 months from the date of approval of the financial statements.

BB Technology Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025 (continued)

2 | Accounting policies (continued)

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services and commissions receivable in the ordinary course of the company’s activities. Turnover is shown net of value added tax.
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.

Intangible Asset - Development costs

Development costs that are directly attributable to the design and testing of identifiable and unique software products controlled by the Company are recognised as intangible assets when the following criteria are met:
- it is technically feasible to complete the software so that it is available for use;
- management intends to complete the software and use or sell it;
- there is an ability to use or sell the software;
- it can be demonstrated how the software will generate probable future ecominc benefits;
- adequate technical, financial and other resources to complete the development and to use or sell the software is available; and
- the expenditure attributable to the software during its development can be reliably measured.
Expenditure on research and development activities which does not meet the above criteria is charged to the profit and loss as incurred.

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
Development costs | Over 3 years straight line

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
Office equipment | 20% Reducing balance basis

BB Technology Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025 (continued)

2 | Accounting policies (continued)

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.

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.

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.

BB Technology Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025 (continued)

2 | Accounting policies (continued)

Financial instruments

Classification
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans from related parties.
Recognition and measurement
Debt instruments (other than those wholly repayable or receivable within one year), including loans and other debtors and creditors, are initially measured at present value of the future cash flows and subsequently at amortised cost using the effective interest method.
Debt instruments that are payable or receivable within one year, typically trade creditors or debtors, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration, expected to be paid or received. However, if the arrangements of a short-term instrument constitute a financing transaction, like the payment of a trade debt deferred beyond normal business terms of financed at a rate of interest that is not a market rate or in case of an out-right short term loan not at a market rate, the financial asset or liability is measured, initially, at the present value of the future cash flow discounted at a market rate of interest for a similar debt instrument and subsequently at amortised cost.
Impairment
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss if recognised in the Profit and loss account.
For financial assets measured as amortised cost, the impairment loss is measured as the difference between an asset’s carrying amount and the present value of estimated cash flows discounted at the asset’s original effective interest rate. If a financial asset has a variable interest rate, the discounted rate for measuring any impairment loss is the current effective interest rate determined under the contract.
Financial assets and liabilities are offset and the net amount reported in the Balance sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

3 | Staff numbers

The average monthly number of persons employed by the company (including directors) during the year, was 6 (2024: 6).

BB Technology Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025 (continued)

4 | Intangible assets

| Internally generated software development costs £
Cost
At 1 August 2024 | 417,452
At 31 July 2025 | 417,452
Amortisation
At 1 August 2024 | 185,661
Amortisation charge | 139,151
At 31 July 2025 | 324,812
Carrying amount
At 31 July 2025 | 92,640
At 31 July 2024 | 231,791

BB Technology Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025 (continued)

5 | Tangible assets

| Office equipment £
Cost
At 1 August 2024 | 692
At 31 July 2025 | 692
Depreciation
At 1 August 2024 | 338
Charge for the year | 71
At 31 July 2025 | 409
Carrying amount
At 31 July 2025 | 283
At 31 July 2024 | 354

6 | Debtors

| 2025 £ | 2024 £
Trade debtors | 486 | -
Other debtors | 4,800 | 5,346
Prepayments | 1,208 | 855
| 6,494 | 6,201

7 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 1,498 | 38,448
Other creditors | 264 | -
Accruals | 8,827 | 2,520
| 10,589 | 40,968

BB Technology Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025 (continued)

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 1,600,000 | 1,600,000 | 1,250,000 | 1,250,000