B.a.g Services (Cheshunt) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08406279 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2026

for

B.a.g Services (Cheshunt) Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

5

DIRECTOR:

B Murphy

REGISTERED OFFICE:

Belfry House

Bell Lane

Hertford

Hertfordshire

SG14 1BP

REGISTERED NUMBER:

08406279 (England and Wales)

ACCOUNTANTS:

Chaves LLP

Belfry House

Bell Lane

Hertford

Hertfordshire

SG14 1BP

FIXED ASSETS

Intangible assets

4

107,900

121,387

Tangible assets

5

4,803

5,888

112,703

127,275

CURRENT ASSETS

Debtors

29,052

28,244

Cash at bank

20,458

72,285

49,510

100,529

CREDITORS

Amounts falling due within one year

108,764

148,344

NET CURRENT LIABILITIES

(59,254

)

(47,815

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

53,449

79,460

CREDITORS

Amounts falling due after more than one
year

(6,252

)

(32,146

)

PROVISIONS FOR LIABILITIES

6

(1,056

)

(1,247

)

NET ASSETS

46,141

46,067

CAPITAL AND RESERVES

Called up share capital

7

1,200

Retained earnings

44,941

44,867

SHAREHOLDERS' FUNDS

46,141

46,067

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 28 February 2026 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 April 2026 and were signed by:

B Murphy - Director

1.	STATUTORY INFORMATION

B.a.g Services (Cheshunt) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2024, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Franchise are being amortised evenly over their estimated useful life of five years.

Franchise

The franchise cost is being amortised over the initial term of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 March 2025

and 28 February 2026

146,875

AMORTISATION

At 1 March 2025

25,488

Amortisation for year

13,487

At 28 February 2026

38,975

NET BOOK VALUE

At 28 February 2026

107,900

At 28 February 2025

121,387

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 March 2025

16,936

Additions

388

At 28 February 2026

17,324

DEPRECIATION

At 1 March 2025

11,048

Charge for year

1,473

At 28 February 2026

12,521

NET BOOK VALUE

At 28 February 2026

4,803

At 28 February 2025

5,888

6.	PROVISIONS FOR LIABILITIES

28.2.26

28.2.25

£

Deferred tax

Accelerated capital allowances

1,056

1,247

Deferred

tax

£

Balance at 1 March 2025

1,247

Credit to Income Statement during year

(191

)

Balance at 28 February 2026

1,056

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.26

28.2.25

value:

£

900

ORDINARY

£1

900

100

"A"

£1

100

"B"

£1

100

"C"

£1

100

1,200