ACCOUNTS - Final Accounts preparation

Company registration number: 12070418

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 DECEMBER 2025

	B1B LIMITED


B1B LIMITED

COMPANY INFORMATION

Director	B Asadi


Registered number	12070418


Registered office	4th Floor
	95 Gresham Street
	London
	EC2V 7AB


Accountants	Menzies LLP
	Chartered Accountants
	2nd Floor, Origin One
	108 High Street
	Crawley
	RH10 1BD


B1B LIMITED

CONTENTS

	Page
Statement of financial position	1 - 2
Notes to the financial statements	3 - 6


B1B LIMITED REGISTERED NUMBER:12070418

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2025

		2025		2024
Note		£		£

Fixed assets
Investments	4		572,284		-
Investment property	5		2,213,000		1,100,000
			2,785,284		1,100,000
Current assets
Debtors: amounts falling due within one year	6	572,531		631,918
Cash at bank and in hand		16,717		22,862
		589,248		654,780
Creditors: amounts falling due within one year	7	(2,326,834)		(728,799)
Net current liabilities			(1,737,586)		(74,019)
Total assets less current liabilities			1,047,698		1,025,981
Creditors: amounts falling due after more than one year	8		(605,377)		(629,391)
Provisions for liabilities
Deferred tax		(74,074)		(77,388)
			(74,074)		(77,388)
Net assets			368,247		319,202

Page 1


B1B LIMITED REGISTERED NUMBER:12070418

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 DECEMBER 2025

		2025		2024
		£		£

Capital and reserves
Allotted and called up share capital	1	1
Profit and loss account	368,246	319,201
	368,247	319,202

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

B Asadi

Director

Date: 7 August 2026

The notes on pages 3 to 6 form part of these financial statements.

Page 2


B1B LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1.	General information

B1B 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.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Going concern

At the balance sheet date, the Company had net current liabilities of £(1,737,586) (2024: £(74,019)) and net assets of £368,247 (2024: £319,202).

With the continued support of the Director, he is satisfied that the going concern basis of preparation continues to be appropriate.

2.3

Revenue

Revenue is derived from rent receivable from investment properties and is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured.

2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

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B1B LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.5

Investment property

Investment property is carried at fair value determined annually by the director and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

2.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

Employees

The average monthly number of employees, including the director, during the year was 1 (2024 - 1).

4.	Fixed asset investments

		Investments in subsidiary companies
		£
	Cost or valuation
	Additions	572,284
	At 31 December 2025	572,284

Page 4


B1B LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

5.	Investment property

		Freehold investment property
		£
	Valuation
	At 1 January 2025	1,100,000
	Additions at cost	1,113,000
	At 31 December 2025	2,213,000

Investment property was valued on open market basis on 31 December 2025 by the director.

Debtors

					2025	2024
					£	£


Other debtors	571,490	616,747
Prepayments and accrued income	1,041	15,171
	572,531	631,918

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Bank loans	23,596	22,191
Trade creditors	10,048	-
Corporation tax	20,140	19,573
Other taxation and social security	11,787	4,751
Other creditors	2,227,688	671,209
Accruals and deferred income	33,575	11,075
	2,326,834	728,799

HSBC UK Bank PLC holds a fixed and floating charge and negative pledges over B1B Limited, which is secured against the assets and undertakings of the company.

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B1B LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

8.	Creditors: Amounts falling due after more than one year
		2025	2024
		£	£

Bank loans	605,377	629,391
	605,377	629,391

HSBC UK Bank PLC holds a fixed and floating charge and negative pledges over B1B Limited, which is secured against the assets and undertakings of the company.

9.	Related party transactions

At the year end amounts were owed from/to companies under common control of the director. The total balance owed from these companies as shown within other debtors is £571,489 (2024 - £616,441). The total amount owed to these companies as shown in other creditors is £2,227,688 (2024 - £671,209). No interest was charged on these balances and they are deemed repayable on demand.members have not required the company to obtain an audit

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