BISHOP STREET TRADING LIMITED

Company Registration Number:
13602295 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2026

Period of accounts

Start date: 1 October 2025

End date: 31 May 2026

BISHOP STREET TRADING LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2026

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

BISHOP STREET TRADING LIMITED

Profit And Loss Account

for the Period Ended 31 May 2026

8 months to 31 May 2026 2025


£
£
Turnover: 1,240,000 746,000
Cost of sales: ( 682,680 ) ( 420,534 )
Gross profit(or loss): 557,320 325,466
Distribution costs: 0 0
Administrative expenses: ( 89,145 ) ( 11,174 )
Other operating income: 0 0
Operating profit(or loss): 468,175 314,292
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 468,175 314,292
Tax: ( 117,044 ) ( 78,573 )
Profit(or loss) for the financial year: 351,131 235,719

BISHOP STREET TRADING LIMITED

Balance sheet

As at 31 May 2026

Notes 8 months to 31 May 2026 2025


£
£
Fixed assets
Intangible assets: 3 57,000 0
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 57,000 0
Current assets
Stocks:   0 0
Debtors: 4 63,700 0
Cash at bank and in hand: 684,742 423,901
Investments:   0 0
Total current assets: 748,442 423,901
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 352,110 ) ( 141,431 )
Net current assets (liabilities): 396,332 282,470
Total assets less current liabilities: 453,332 282,470
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 453,332 282,470
Capital and reserves
Called up share capital: 50,001 1
Share premium account: 0 0
Other reserves: 52,200 46,750
Profit and loss account: 351,131 235,719
Total Shareholders' funds: 453,332 282,470

The notes form part of these financial statements

BISHOP STREET TRADING LIMITED

Balance sheet statements

For the year ending 31 May 2026 the company was entitled to exemption 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.

This report was approved by the board of directors on 24 June 2026
and signed on behalf of the board by:

Name: Leonards GERASIMOVICS
Status: Director

The notes form part of these financial statements

BISHOP STREET TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2026

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    The financial statements have been prepared under the historical cost convention. Turnover represents the amount of accounts receivable for the provision of services in the field of information technology, excluding value added tax. Revenue is recognised when the relevant services have been delivered and the Company has established the right to consideration. Costs are recognised in the period in which they are incurred. Taxation is recognised based on taxable profits for the year and is measured using tax rates enacted or substantively enacted at the reporting date. The financial statements have been prepared on the going concern basis.

    Intangible fixed assets amortisation policy

    Intangible fixed assets are stated at cost less accumulated amortisation and impairment losses. Amortisation is charged on a straight-line basis over the estimated useful economic lives of the assets.

    Other accounting policies

    The financial statements have been prepared under the historical cost convention. Turnover represents the amount of accounts receivable for the provision of services in the field of information technology, excluding value added tax. Revenue is recognised when the relevant services have been delivered and the Company has established the right to consideration. Costs are recognised in the period in which they are incurred. Taxation is recognised based on taxable profits for the year and is measured using tax rates enacted or substantively enacted at the reporting date. The financial statements have been prepared on the going concern basis.

BISHOP STREET TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2026

  • 2. Employees

    8 months to 31 May 2026 2025
    Average number of employees during the period 17 0

    The average number of persons employed by the Company during the year was 17, including the director. Employees were engaged in software-related services, online training activities, administration, communications and business support operations.

BISHOP STREET TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2026

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 October 2025 0 0 0
Additions 0 85,500 85,500
Disposals 0 0 0
Revaluations 0 0 0
Transfers 0 0 0
At 31 May 2026 0 85,500 85,500
Amortisation
At 1 October 2025 0 0 0
Charge for year 0 28,500 28,500
On disposals 0 0 0
Other adjustments 0 0 0
At 31 May 2026 0 28,500 28,500
Net book value
At 31 May 2026 0 57,000 57,000
At 30 September 2025 0 0 0

Software development costs and software licences are stated at cost less accumulated amortisation and impairment losses. Amortisation is charged on a straight-line basis over the estimated useful economic lives of the assets. At 31 May 2026, the carrying value of intangible assets amounted to £57,000. Depreciation and amortisation charged during the year amounted to £28,500 and was recognised in accordance with the Company's accounting policies.

BISHOP STREET TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2026

4. Debtors

8 months to 31 May 2026 2025
£ £
Trade debtors 63,700 0
Prepayments and accrued income 0 0
Other debtors 0 0
Total 63,700 0
Debtors due after more than one year: 0 0

BISHOP STREET TRADING LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2026

5. Creditors: amounts falling due within one year note

8 months to 31 May 2026 2025
£ £
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Trade creditors 0 0
Taxation and social security 352,110 141,431
Accruals and deferred income 0 0
Other creditors 0 0
Total 352,110 141,431