REGISTERED NUMBER: 11082503 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2026

for

BID Leicester Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Mr R M Osborn

Mr A R Fraser

Ms S E Thomson

Ms S Harrison

Mr S Hagger

Mr S Gill

Mrs C Wright

Mr S Madlani

Ms M Menezes

REGISTERED OFFICE:

St Martins House

7 Peacock Lane

Leicester

Leicestershire

LE1 5PZ

REGISTERED NUMBER:

11082503 (England and Wales)

ACCOUNTANTS:

Knights Lowe Ltd

Chartered Accountants

Crane Court

302 London Road

Ipswich

Suffolk

IP2 0AJ

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

6,953

5,604

6,953

5,604

CURRENT ASSETS

Debtors

6

105,055

60,627

Cash at bank

182,828

311,397

287,883

372,024

CREDITORS

Amounts falling due within one year

7

73,328

51,573

NET CURRENT ASSETS

214,555

320,451

TOTAL ASSETS LESS CURRENT LIABILITIES

221,508

326,055

RESERVES

Income and expenditure account

9

221,508

326,055

MEMBERS' FUNDS

221,508

326,055

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 surplus or deficit 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 28 April 2026 and were signed on its behalf by:

Mr A R Fraser - Director

1.	STATUTORY INFORMATION

BID Leicester Limited is a private company, limited by guarantee , 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 represents levy payments received from businesses in the Leicester Business Improvement District, voluntary contributions and other income generated in the course of promoting Leicester city centre.

Levy payments are recognised on a straight line basis over the year to which they relate with any necessary adjustments being made through deferred income.

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.

Website is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets

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

Computer equipment

-

33% on cost

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable and bank facilities.

Debt instruments that are payable or receivable within one year, such as trade payables or receivables, are measured at the undiscounted amount of the cash or other consideration expected to be paid or received. Debt instruments that are repayable or receivable after one year are initially measured at the present value of the future cash flows and subsequently at amortised cost using the effective interest method.

Financial assets that are measured at cost and amortised cost are assessed at the end of each financial year for evidence of impairment. If objective evidence of impairment is found an impairment loss is recognised in the Income Statement.

Hire purchase and leasing commitments

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

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Website

£

COST

At 1 February 2025

and 31 January 2026

10,100

AMORTISATION

At 1 February 2025

and 31 January 2026

10,100

NET BOOK VALUE

At 31 January 2026

-

At 31 January 2025

-

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 February 2025

11,936

Additions

3,679

Disposals

(4,648

)

At 31 January 2026

10,967

DEPRECIATION

At 1 February 2025

6,332

Charge for year

2,330

Eliminated on disposal

(4,648

)

At 31 January 2026

4,014

NET BOOK VALUE

At 31 January 2026

6,953

At 31 January 2025

5,604

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

7,729

3,535

Other debtors

97,326

57,092

105,055

60,627

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

27,403

24,547

Other creditors

45,925

27,026

73,328

51,573

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

£

Within one year

7,333

7,333

9.

RESERVES

Income

and

expenditure

account

£

At 1 February 2025

326,055

Deficit for the year

(104,547

)

At 31 January 2026

221,508

10.	LIMITED BY GUARANTEE

The company is limited by guarantee. Each member of the company under clause 3 of the Articles of Association has agreed to contribute up to £1 in the event of a winding up.