REGISTERED NUMBER: 05081616 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

BUSINESS SUPPORT ASSOCIATES LIMITED

Page

Company Information

1

Statement of Income and Retained Earnings

2

Balance Sheet

3

Notes to the Financial Statements

4

DIRECTOR:

Dr. R Taylor

REGISTERED OFFICE:

117 Cheltenham Road

Evesham

Worcestershire

WR11 2LF

REGISTERED NUMBER:

05081616 (England and Wales)

ACCOUNTANTS:

G C Accountancy Limited

43 Merstow Green

Evesham

Worcestershire

WR11 4BB

TURNOVER

10,722

17,107

Cost of sales

434

2,346

GROSS PROFIT

10,288

14,761

Administrative expenses

12,305

19,854

OPERATING LOSS

4

(2,017

)

(5,093

)

Interest receivable and similar income

11

9

LOSS BEFORE TAXATION

(2,006

)

(5,084

)

Tax on loss

-

-

LOSS FOR THE FINANCIAL YEAR

(2,006

)

(5,084

)

Retained earnings at beginning of year

(10,148

)

(5,064

)

RETAINED EARNINGS AT END OF YEAR

(12,154

)

(10,148

)

FIXED ASSETS

Tangible assets

5

-

243

CURRENT ASSETS

Debtors

6

947

2,927

Cash at bank

1,393

1,069

2,340

3,996

CREDITORS

Amounts falling due within one year

7

14,394

14,287

NET CURRENT LIABILITIES

(12,054

)

(10,291

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(12,054

)

(10,048

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(12,154

)

(10,148

)

SHAREHOLDERS' FUNDS

(12,054

)

(10,048

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

The financial statements were approved by the director and authorised for issue on 8 October 2026 and were signed by:

Dr. R Taylor - Director

1.	STATUTORY INFORMATION

Business Support Associates 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

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

Tangible fixed assets

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

Fixtures and fittings

-

33% on reducing balance

Computer equipment

-

25% on reducing balance

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - NIL ) .

4.	OPERATING LOSS

The operating loss is stated after charging:

2026

2025

£

£

Depreciation - owned assets

243

89

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2025

and 31 March 2026

2,112

3,893

6,005

DEPRECIATION

At 1 April 2025

2,097

3,665

5,762

Charge for year

15

228

243

At 31 March 2026

2,112

3,893

6,005

NET BOOK VALUE

At 31 March 2026

-

-

-

At 31 March 2025

15

228

243

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

663

633

Other debtors

-

2,024

Prepayments

284

270

947

2,927

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

483

348

Barclaycard

3,414

8,280

VAT

-

550

Directors' current accounts

9,945

4,734

Accrued expenses

552

375

14,394

14,287