BGL MARKETS LTD

BGL MARKETS LTD

BGL MARKETS LTD - Company Information

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BGL MARKETS LTD

Company Registration Number:
09462253 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2020

Period of accounts

Start date: 01 April 2019

End date: 31 March 2020

BGL MARKETS LTD

Contents of the Financial Statements

for the Period Ended 31 March 2020

Balance sheet
Notes

BGL MARKETS LTD

Balance sheet

As at 31 March 2020


Notes
2020
2019


£
£
Fixed assets
Tangible assets: 3 2,867 3,822
Total fixed assets: 2,867 3,822
Current assets
Debtors:   158,397 140,896
Cash at bank and in hand: 103,547 333,609
Total current assets: 261,944 474,505
Creditors: amounts falling due within one year:   (217,777) (280,077)
Net current assets (liabilities): 44,167 194,428
Total assets less current liabilities: 47,034 198,250
Total net assets (liabilities): 47,034 198,250
Capital and reserves
Called up share capital: 90 90
Profit and loss account: 46,944 198,160
Shareholders funds: 47,034 198,250

The notes form part of these financial statements

BGL MARKETS LTD

Balance sheet statements

For the year ending 31 March 2020 the company was entitled to exemption 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 29 December 2020
and signed on behalf of the board by:

Name: Mr W J Bashford
Status: Director

The notes form part of these financial statements

BGL MARKETS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

BGL MARKETS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2020

2. Employees

2020 2019
Average number of employees during the period 12 5

BGL MARKETS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2020

3. Tangible Assets

Total
Cost £
At 01 April 2019 9,060
At 31 March 2020 9,060
Depreciation
At 01 April 2019 5,238
Charge for year 955
At 31 March 2020 6,193
Net book value
At 31 March 2020 2,867
At 31 March 2019 3,822