BSR IT Limited - Filleted accounts

Registered number

09970575

BSR IT Limited

Filleted Accounts

31 January 2026

BSR IT Limited
Registered number:		09970575
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		2,801			485

Current assets
Debtors	4	343,419			362,723
Cash at bank and in hand		461,843			375,404
		805,262			738,127

Creditors: amounts falling due within one year	5	(45,586)			(50,161)

Net current assets			759,676			687,966

Net assets			762,477			688,451

Capital and reserves
Called up share capital			10			10
Profit and loss account			762,467			688,441

Shareholders' funds			762,477			688,451

The director is 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 director acknowledges his 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 profit and loss account has not been delivered to the Registrar of Companies.




Baljit Singh Rakkar
Director
Approved by the board on 29 June 2026

BSR IT Limited
Notes to the Accounts
for the year ended 31 January 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).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
	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:

	Plant and machinery	over 5 years
	Fixtures, fittings, tools and equipment	over 3 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

2	Employees		2026		2025
Number				Number

	Average number of persons employed by the company		2		2


3	Tangible fixed assets
					Plant and machinery etc
£
	Cost
	At 1 February 2025				3,107
	Additions				4,202
	At 31 January 2026				7,309

	Depreciation
	At 1 February 2025				2,622
	Charge for the year				1,886
	At 31 January 2026				4,508

	Net book value
	At 31 January 2026				2,801
	At 31 January 2025				485


4	Debtors		2026		2025
£				£

	Trade debtors		18,556		34,500
	Amounts owed by group undertakings and undertakings in which the company has a participating interest		322,063		322,063
	Other debtors		2,800		6,160
			343,419		362,723


5	Creditors: amounts falling due within one year		2026		2025
£				£

	Taxation and social security costs		43,669		47,632
	Other creditors		1,917		2,529
			45,586		50,161


6	Other information

	BSR IT Limited is a private company limited by shares and incorporated in England. Its registered office is:

	167 To 169 Great Portland Street
	London
	W1W 5PF