| Angel Business Improvement District Ltd |
| Registered number: |
04324632 |
| Balance Sheet |
| as at 31 March 2026 |
|
| Notes |
|
|
2026 |
|
|
2025 |
| £ |
£ |
| Fixed assets |
| Intangible assets |
3 |
|
|
- |
|
|
26,307 |
| Tangible assets |
4 |
|
|
- |
|
|
15,248 |
|
|
|
|
- |
|
|
41,555 |
|
| Current assets |
| Debtors |
5 |
|
60,402 |
|
|
71,585 |
| Cash at bank and in hand |
|
|
152,562 |
|
|
222,403 |
|
|
|
212,964 |
|
|
293,988 |
|
| Creditors: amounts falling due within one year |
6 |
|
(83,762) |
|
|
(286,174) |
|
| Net current assets |
|
|
|
129,202 |
|
|
7,814 |
|
| Net assets |
|
|
|
129,202 |
|
|
49,369 |
|
|
|
|
|
|
|
|
| Reserves |
| General reserve |
|
|
|
129,202 |
|
|
49,369 |
|
| Members' funds |
|
|
|
129,202 |
|
|
49,369 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The income and expenditure account has not been delivered to the Registrar of Companies. |
|
|
|
| N Segal |
| Director |
| Approved by the members on 3 June 2026 |
|
| Angel Business Improvement District Ltd |
| Notes to the Accounts |
| for the year ended 31 March 2026 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Intangible fixed assets |
|
These are special projects, which are being written off over three years, being the remaining term of the BID. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Fittings and equipment |
over the term of the BID |
|
|
| 2 |
Employees |
2026 |
|
2025 |
| Number |
Number |
|
|
Average number of persons employed by the company |
2 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Intangible fixed assets |
£ |
|
Special projects |
|
|
Cost |
|
At 1 April 2025 |
80,630 |
|
At 31 March 2026 |
80,630 |
|
|
|
|
|
|
|
|
|
|
Accelerated depreciation |
|
At 1 April 2025 |
54,323 |
|
Provided during the year |
26,307 |
|
At 31 March 2026 |
80,630 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2026 |
- |
|
At 31 March 2025 |
26,307 |
|
|
|
|
|
|
|
|
|
|
|
|
| 4 |
Tangible fixed assets |
|
|
|
|
|
|
|
|
Fittings & equipment |
| £ |
|
Cost |
|
At 1 April 2025 |
78,853 |
|
At 31 March 2026 |
78,853 |
|
|
|
|
|
|
|
|
|
|
Accelerated depreciation |
|
At 1 April 2025 |
63,605 |
|
Charge for the year |
15,248 |
|
At 31 March 2026 |
78,853 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2026 |
- |
|
At 31 March 2025 |
15,248 |
|
|
| 5 |
Debtors |
2026 |
|
2025 |
| £ |
£ |
|
|
Other debtors including VAT repayment |
60,402 |
|
71,585 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due within one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Trade creditors |
663 |
|
184,347 |
|
Accruals and other creditors |
83,099 |
|
101,827 |
|
|
|
|
|
|
83,762 |
|
286,174 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Other information |
|
|
Angel Business Improvement District Ltd is a private company limited by guarantee and incorporated in England. Its registered office is: |
|
106 Islington High Street |
|
London |
|
N1 8EG |