REGISTERED NUMBER: 10267237 (England and Wales)

BIDMARK LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JULY 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

W J Bancroft

L Loughney

J L Filewood

REGISTERED OFFICE:

13/14 Park Place

Leeds

West Yorkshire

LS1 2SJ

REGISTERED NUMBER:

10267237 (England and Wales)

ACCOUNTANTS:

SMH Sheards

Vernon House

40 New North Road

Huddersfield

West Yorkshire

HD1 5LS

FIXED ASSETS

Tangible assets

4

4,727

2,060

CURRENT ASSETS

Debtors

5

66,705

73,725

Cash at bank

1,721

21,853

68,426

95,578

CREDITORS

Amounts falling due within one year

6

(158,566

)

(155,393

)

NET CURRENT LIABILITIES

(90,140

)

(59,815

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(85,413

)

(57,755

)

CREDITORS

Amounts falling due after more than one year

7

(25,949

)

(47,290

)

PROVISIONS FOR LIABILITIES

10

(898

)

(466

)

NET LIABILITIES

(112,260

)

(105,511

)

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

(112,460

)

(105,711

)

SHAREHOLDERS' FUNDS

(112,260

)

(105,511

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2026 and were signed on its behalf by:

W J Bancroft - Director

1.	STATUTORY INFORMATION

Bidmark Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The directors have indicated their willingness to support the company in the foundation years. Thus, the company continues to adopt the going concern basis of preparation.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Income is recognised when services are provided to the client.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on reducing balance and 25% on cost

Financial instruments

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other debtors and cash and bank balances, are initially measured at transaction price including transaction costs.

Financial assets are assessed for indicators of impairment at each balance sheet date, with any impairment losses being recognised in profit or loss. If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed in profit or loss.

Financial liabilities are classified depending on the substance of the contractual arrangements entered into.

Basic financial liabilities, including trade and other creditors, bank loans and accruals, are initially recognised at transaction price.

Debt instruments are subsequently measured at amortised cost using the effective interest method.

Financial assets and liabilities are derecognised when the company's contractual obligations are settled, cancelled or they expire.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2024

18,885

Additions

4,889

At 31 July 2025

23,774

DEPRECIATION

At 1 August 2024

16,825

Charge for year

2,222

At 31 July 2025

19,047

NET BOOK VALUE

At 31 July 2025

4,727

At 31 July 2024

2,060

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

66,705

73,725

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

33,845

28,589

Trade creditors

-

144

Taxation and social security

96,617

112,190

Other creditors

28,104

14,470

158,566

155,393

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

25,949

47,290

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Between one and five years

29,400

52,920

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

55,244

66,827

Parts of the bank loans are secured by a Government backed initiative. The directors have given personal guarantees for another element of the bank loans.

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

898

466

Deferred

tax

£

Balance at 1 August 2024

466

Charge to Income Statement during year

432

Balance at 31 July 2025

898

11.	RELATED PARTY DISCLOSURES

At the year end £27,766 (2024: £14,320) was owed to the Directors by way of Directors' loan account. The amounts are interest free and are repayable when funds permit.