REGISTERED NUMBER: 16174808 (England and Wales)

STOURBRIDGE BID LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 10 JANUARY 2025 TO 31 MARCH 2026

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

4

DIRECTORS:

A D Powell

T Robbins

P W Bradley

M D Reynolds

V Younis

REGISTERED OFFICE:

Centre Management Suite

Ryemarket Shopping Centre

Stourbridge

West Midlands

DY8 1HJ

REGISTERED NUMBER:

16174808 (England and Wales)

ACCOUNTANTS:

Folkes Worton LLP

15-17 Church Street

Stourbridge

West Midlands

DY8 1LU

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Stourbridge BID Limited for the period ended 31 March 2026 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Stourbridge BID Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Stourbridge BID Limited and state those matters that we have agreed to state to the Board of Directors of Stourbridge BID Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Stourbridge BID Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Stourbridge BID Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Stourbridge BID Limited. You consider that Stourbridge BID Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Stourbridge BID Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Folkes Worton LLP

15-17 Church Street

Stourbridge

West Midlands

DY8 1LU

11 September 2026

FIXED ASSETS

Tangible assets

4

585

CURRENT ASSETS

Debtors

5

27,638

Cash at bank

18,845

46,483

CREDITORS

Amounts falling due within one year

6

31,595

NET CURRENT ASSETS

14,888

TOTAL ASSETS LESS CURRENT LIABILITIES

15,473

RESERVES

Income and expenditure account

15,473

15,473

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2026 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 surplus or deficit 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 11 September 2026 and were signed on its behalf by:

A D Powell - Director

1.	STATUTORY INFORMATION

Stourbridge BID 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.

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.

Turnover

Turnover represents net sales of goods/services, excluding value added tax

Tangible fixed assets

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

Taxation

There is no Taxation presented in these accounts as Stourbridge Business Improvement District (BID) have a Mutual Trading Status meaning the BID is exempt from Taxation.

Deferred tax

There is no Deferred tax presented in these accounts as Stourbridge Business Improvement District (BID) have a Mutual Trading Status meaning the BID is exempt from Deferred tax.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to surplus or deficit on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

Additions

688

At 31 March 2026

688

DEPRECIATION

Charge for period

103

At 31 March 2026

103

NET BOOK VALUE

At 31 March 2026

585

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

7,000

Other debtors

20,638

27,638

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

8,725

Provision for Bad Debt for

uncollected levy income

16,870

Other creditors - BID Renewal

Accrual

6,000

31,595