BPS Project Services Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 10488394

BPS PROJECT SERVICES LIMITED

FILLETED UNAUDITED FINANCIAL STATEMENTS

31 October 2025

BPS PROJECT SERVICES LIMITED

STATEMENT OF FINANCIAL POSITION

31 October 2025

	2025		2024
Note	£	£	£	£

FIXED ASSETS

Tangible assets	5		1,348		1,262

CURRENT ASSETS

Debtors	6	9,836	2,139
Cash at bank and in hand		55,793	32,619
		--------	--------
		65,629	34,758

CREDITORS: amounts falling due within one year	7	36,352		17,595
		--------		--------
NET CURRENT ASSETS			29,277		17,163
			--------		--------
TOTAL ASSETS LESS CURRENT LIABILITIES			30,625		18,425
			--------		--------
NET ASSETS			30,625		18,425
			--------		--------

CAPITAL AND RESERVES

Called up share capital fully paid	100	100
Profit and loss account	30,525	18,325
	--------	--------
SHAREHOLDERS FUNDS	30,625	18,425
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

BPS PROJECT SERVICES LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 October 2025

These financial statements were approved by the board of directors and authorised for issue on 22 July 2026 , and are signed on behalf of the board by:

Mr S Croucher
Director

Company registration number: 10488394

BPS PROJECT SERVICES LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 OCTOBER 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Headlands House, 1 Kings Court, Kettering Parkway, Kettering, Northamptonshire, NN15 6WJ.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Computer equipment	-	25% reducing balance

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit and loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. TANGIBLE ASSETS

	Equipment
	£
Cost
At 1 November 2024	2,745
Additions	535
	-------
At 31 October 2025	3,280
	-------
Depreciation
At 1 November 2024	1,483
Charge for the year	449
	-------
At 31 October 2025	1,932
	-------
Carrying amount
At 31 October 2025	1,348
	-------
At 31 October 2024	1,262
	-------

6. DEBTORS

	2025	2024
	£	£
Trade debtors	9,581	2,139
Other debtors	255	–
	-------	-------
	9,836	2,139
	-------	-------

7. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	14,329	3,421
Social security and other taxes	7,189	5,527
Other creditors	14,834	8,647
	--------	--------
	36,352	17,595
	--------	--------

8. RELATED PARTY TRANSACTIONS

During the year the company undertook the following transactions with related parties: The director advanced monies to the company. At 31 October 2025 the amount due from the company was £5,631 (2024 - £3,231).