1 October 2024 false Taxfiler 2024.6 NI721965 business:PrivateLimitedCompanyLtd 2024-10-01 2025-10-31 NI721965 2024-09-30 NI721965 2024-10-01 2025-10-31 NI721965 business:AuditExemptWithAccountantsReport 2024-10-01 2025-10-31 NI721965 business:FilletedAccounts 2024-10-01 2025-10-31 NI721965 2025-10-31 NI721965 business:Director1 2024-10-01 2025-10-31 NI721965 business:Director2 2024-10-01 2025-10-31 NI721965 business:RegisteredOffice 2024-10-01 2025-10-31 NI721965 core:WithinOneYear 2025-10-31 NI721965 core:AfterOneYear 2025-10-31 NI721965 core:ShareCapital core:PreviouslyStatedAmount 2025-10-31 NI721965 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-10-31 NI721965 core:PreviouslyStatedAmount 2025-10-31 NI721965 business:SmallEntities 2024-10-01 2025-10-31 NI721965 countries:NorthernIreland 2024-10-01 2025-10-31 NI721965 core:PlantMachinery 2024-10-01 2025-10-31 NI721965 core:FurnitureFittings 2024-10-01 2025-10-31 NI721965 core:Goodwill 2024-09-30 NI721965 core:Goodwill 2024-10-01 2025-10-31 NI721965 core:Goodwill 2025-10-31 NI721965 core:PlantMachinery 2024-09-30 NI721965 core:FurnitureFittings 2024-09-30 NI721965 core:PlantMachinery 2025-10-31 NI721965 core:FurnitureFittings 2025-10-31 iso4217:GBP xbrli:pure
Company Registration No. NI721965 (Northern Ireland)
Limitless Bfs Limited Unaudited accounts for the period from 1 October 2024 to 31 October 2025
Limitless Bfs Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Limitless Bfs Limited Company Information for the period from 1 October 2024 to 31 October 2025
Directors
Eoghan Rhys Patterson Ryan Thomas Devine
Company Number
NI721965 (Northern Ireland)
Registered Office
228 Kingsway Dunmurry Belfast BT17 9AE Northern Ireland
- 3 -
Limitless Bfs Limited Statement of financial position as at 31 October 2025
2025
Notes
£
Fixed assets
Intangible assets
4
22,500
Tangible assets
5
37,500
60,000
Current assets
Debtors
6
3,250
Cash at bank and in hand
7,851
11,101
Creditors: amounts falling due within one year
7
(2,015)
Net current assets
9,086
Total assets less current liabilities
69,086
Creditors: amounts falling due after more than one year
8
(83,412)
Net liabilities
(14,326)
Capital and reserves
Called up share capital
2
Profit and loss account
(14,328)
Shareholders' funds
(14,326)
For the period ending 31 October 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.
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 2 March 2026 and were signed on its behalf by
Eoghan Rhys Patterson Director Company Registration No. NI721965
- 4 -
Limitless Bfs Limited Notes to the Accounts for the period from 1 October 2024 to 31 October 2025
1
Statutory information
Limitless Bfs Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI721965. The registered office is 228 Kingsway, Dunmurry, Belfast, BT17 9AE, Northern Ireland.
2
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
25
Fixtures & fittings
25
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
£
Cost
At 1 October 2024
-
Additions
25,000
At 31 October 2025
25,000
Amortisation
At 1 October 2024
-
Charge for the period
2,500
At 31 October 2025
2,500
Net book value
At 31 October 2025
22,500
- 5 -
Limitless Bfs Limited Notes to the Accounts for the period from 1 October 2024 to 31 October 2025
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 October 2024
-
-
-
Additions
25,000
25,000
50,000
At 31 October 2025
25,000
25,000
50,000
Depreciation
Charge for the period
6,250
6,250
12,500
At 31 October 2025
6,250
6,250
12,500
Net book value
At 31 October 2025
18,750
18,750
37,500
6
Debtors
2025
£
Amounts falling due within one year
Trade debtors
3,250
7
Creditors: amounts falling due within one year
2025
£
Trade creditors
395
Loans from directors
620
Accruals
1,000
2,015
8
Creditors: amounts falling due after more than one year
2025
£
Loans from directors
83,412
9
Average number of employees
During the period the average number of employees was 2.
- 6 -