|
|
|
|
|
|
|
|
|
Worcester BSL Ltd
|
|
|
|
|
|
Notes to the financial statements
|
|
|
for the year ended 31 October 2025
|
|
|
|
|
|
|
|
|
1
|
Company information
|
|
|
|
|
|
|
|
|
|
|
Worcester BSL Ltd is a private company registered in England and Wales. Its registered number is 10458263. The company is limited by shares. Its registered office is Hillgate Place, 77 Middle Hillgate, Stockport, Cheshire, SK1 3EH.
|
|
|
|
|
|
|
|
|
|
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 historic cost convention.
|
|
|
|
|
|
|
|
|
|
|
Presentation currency
|
|
|
|
The company’s financial statements are presented in sterling.
|
|
|
|
|
|
|
|
|
|
|
Going concern
|
|
|
|
The financial statements have been prepared on a going concern basis. This may not be appropriate because the company’s liabilities exceed its assets. In the opinion of the directors this basis is correct in that this situation will be reversed once the company again commences to trade profitably. The company has received confirmation that over the next twelve months it will have adequate financial support from its largest creditor.
|
|
|
|
|
|
|
|
|
|
3
|
Critical accounting judgements and estimates
|
|
|
|
|
|
|
|
|
|
|
In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
|
|
|
|
|
|
|
|
|
|
|
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
|
|
|
|
|
|
|
|
|
|
4
|
Average number of employees
|
|
|
|
|
|
|
|
|
|
|
During the year the average number of employees was 3 (2024 - 3).
|
|
|
|
|
|
|
|
|
|
5
|
Debtors
|
|
|
|
|
|
|
|
|
|
|
|
2025
|
|
2024
|
|
|
|
|
£
|
|
£
|
|
|
|
Other debtors
|
194
|
|
194
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
3
|