Company Registration No. 10231689 (England and Wales)
Putney Bidco Limited
Unaudited accounts
for the year ended 31 March 2026
Putney Bidco Limited
Unaudited accounts
Contents
Putney Bidco Limited
Company Information
for the year ended 31 March 2026
Directors
Nicola Jane Grant
Veronika Noble Wilson
Robert Benjamin Chamberlain Lusher
Dominic Charles Stead
Judith Chegwidden -Observer
Mr James Catling
Mrs Christine Hernar
Ms Rosina May Dugard
Mr Raymond Charles Kane
Company Number
10231689 (England and Wales)
Registered Office
Office 16 Linstead House
9 Disraeli Road
London
London
SW15 2DR
England
Accountants
Business Clan Ltd
Office Suite 134, First Floor,
4 Longwalk Road
Stockley Park
Uxbridge
Greater London
UB11 1FE
Putney Bidco Limited
Statement of financial position
as at 31 March 2026
Intangible assets
4,500
9,000
Cash at bank and in hand
91,756
86,352
Creditors: amounts falling due within one year
(13,891)
(11,204)
Net current assets
80,310
77,317
Profit and loss account
84,810
86,317
Members' funds
84,810
86,317
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 2 July 2026 and were signed on its behalf by
Mr Raymond Charles Kane
Director
Company Registration No. 10231689
Putney Bidco Limited
Notes to the Accounts
for the year ended 31 March 2026
Putney Bidco Limited is a private company, limited by guarantee, registered in England and Wales, registration number 10231689. The registered office is Office 16 Linstead House, 9 Disraeli Road, London, London, SW15 2DR, England.
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Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Putney Bidco Limited is a private company, limited by guarantee, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
This amount relates to the new Website which is in the process of completion and will be written off over the remaining 4 year term of the BID.
Putney Bidco Limited
Notes to the Accounts
for the year ended 31 March 2026
Putney BIDCO Limited, trading as Positively Putney BID is the business improvement district for Putney town centre.
As detailed in our business plan 2022-2027 we have delivered projects and services under three themes:
Promoting Putney
Enhancing Putney
Supporting Putney businesses.
2025/2026 was the fourth year of the BIDS second five-year term.
The financial position of the company are as shown below.
Total BID levy income collected for 2025/2026 was £341,253 (P.Y. 2024/2025 was £326,842) out of which £14,645 was previous year levy collections, with the levy rate of 1.27% of Rateable Value’s from the 2017 ratings list.
The BID can also raise additional income through grants and sponsorship and the council will continue to chase bad debt from previous years.
For 2025/2026 the total income including grant and sponsorship income was £353,654. We carried over £86,350 from 2024/2025. Money not spent in a financial year is carried over to the next financial year.
In 2025/2026 total expenditure was £355,159
Total Operational costs £ 57,732.00
Total Enhance Putney £ 141,365.00
Total Promote Putney £ 84,808.00
Total Supporting businesses £ 71,254.00
Total Expenditure £ 355,159.00
The financial year ended with £91,756 cash surplus and will be carried over into the 2026/27 budget.
The annual accounts were presented at the Annual meeting on 11th June 2026 and approved at the Bord meeting on 11th July 2026. (Previous year 7th August 2025)
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Intangible fixed assets
Total
Putney Bidco Limited
Notes to the Accounts
for the year ended 31 March 2026
5
Tangible fixed assets
Total
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Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
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Average number of employees
During the year the average number of employees was 4 (2025: 4).