ACCOUNTS - Final Accounts

Registered number: 06981022

BBFA LTD

(A company limited by guarantee)

UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

BBFA LTD

(A company limited by guarantee)

REGISTERED NUMBER: 06981022

BALANCE SHEET

AS AT 31 AUGUST 2025

		2025		2024
Note		£		£


Current assets
Debtors: amounts falling due within one year	4	157,818		157,648
Cash at bank and in hand	5	72		211
		157,890		157,859
Creditors: amounts falling due within one year	6	(1,109,389)		(1,108,324)
Net current liabilities			(951,499)		(950,465)
Total assets less current liabilities			(951,499)		(950,465)

Net liabilities			(951,499)		(950,465)

Capital and reserves
Called up share capital	3,206	3,206
Profit and loss account	(954,705)	(953,671)
	(951,499)	(950,465)

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BBFA LTD

(A company limited by guarantee)

REGISTERED NUMBER: 06981022

BALANCE SHEET (CONTINUED)

AS AT 31 AUGUST 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 12 June 2026.

................................................

Patrick Campbell Curry

Director

The notes on pages 3 to 4 form part of these financial statements.

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BBFA LTD

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

1.	General information

BBFA Limited is a private company limited by guarantee, incorporated in England. The principal activity of the Company throughout the year was that of the development of governance for federated trust for UK industry.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

The accounts have been prepared on a going concern basis. This assumes the continued support of the directors, which they have pledged for the foreseeable future.

2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The Company has no employees other than the directors, who did not receive any remuneration (2024 - £Nil).

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BBFA LTD

(A company limited by guarantee)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

Debtors

					2025	2024
					£	£


Other debtors	157,818	157,648
	157,818	157,648

5.	Cash and cash equivalents
		2025	2024
		£	£

Cash at bank and in hand	72	211
	72	211

6.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	22,800	22,800
Amounts owed to group undertakings	1,069,644	1,069,995
Other creditors	16,050	14,679
Accruals and deferred income	895	850
	1,109,389	1,108,324

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