Company Registration No. 08642644 (England and Wales)
Busby Auctions Ltd
Unaudited accounts
for the year ended 31 July 2025
Busby Auctions Ltd
Unaudited accounts
Contents
Busby Auctions Ltd
Company Information
for the year ended 31 July 2025
Directors
Mr H B J Busby
Mr I E R Goodwin
Company Number
08642644 (England and Wales)
Registered Office
Bucketts Farm
Broadoak
Bridport
Dorset
DT6 5NR
Accountants
Simon John Christopher Ltd
1st Floor Suite, Drapers House
Market Place
Sturminster Newton
Dorset
DT10 1AS
Busby Auctions Ltd
Statement of financial position
as at 31 July 2025
Tangible assets
25,496
22,977
Cash at bank and in hand
198,185
150,554
Creditors: amounts falling due within one year
(82,150)
(81,788)
Net current assets
210,287
200,924
Net assets
235,783
223,901
Called up share capital
100
100
Profit and loss account
235,683
223,801
Shareholders' funds
235,783
223,901
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 April 2026 and were signed on its behalf by
Mr H B J Busby
Director
Company Registration No. 08642644
Busby Auctions Ltd
Notes to the Accounts
for the year ended 31 July 2025
Busby Auctions Ltd is a private company, limited by shares, registered in England and Wales, registration number 08642644. The registered office is Bucketts Farm, Broadoak, Bridport, Dorset, DT6 5NR.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
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Tangible fixed assets
Total
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Average number of employees
During the year the average number of employees was 6 (2024: 6).