Bespoke Training & Development Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04310650 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2018

for

Bespoke Training & Development Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr G N Davies

SECRETARY:

Mr G N Davies

REGISTERED OFFICE:

Blissford Lodge

Blissford Hill

Frogham

Fordingbridge

Hampshire

SP6 2HU

REGISTERED NUMBER:

04310650 (England and Wales)

ACCOUNTANTS:

Thomas Croft Limited

Accountants And Taxation Consultants

Solent House

107a Alma Road

Portswood

Southampton

Hampshire

SO14 6UY

FIXED ASSETS

Tangible assets

4

13,981

17,192

CURRENT ASSETS

Debtors

5

146,132

129,337

Cash at bank

75,698

247,449

221,830

376,786

CREDITORS

Amounts falling due within one year

6

171,924

225,398

NET CURRENT ASSETS

49,906

151,388

TOTAL ASSETS LESS CURRENT LIABILITIES

63,887

168,580

PROVISIONS FOR LIABILITIES

2,530

3,114

NET ASSETS

61,357

165,466

CAPITAL AND RESERVES

Called up share capital

7

150

300

Retained earnings

8

61,207

165,166

SHAREHOLDERS' FUNDS

61,357

165,466

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2018 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 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 of Part 15 of the Companies Act 2006 relating to small companies.

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 on 13 May 2019 and were signed on its behalf by:

Mr G N Davies - Director

1.	STATUTORY INFORMATION

Bespoke Training & Development 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.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period

of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the

company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2017 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2018

20,724

1,344

66,001

88,069

Additions

-

-

2,965

2,965

At 31 December 2018

20,724

1,344

68,966

91,034

DEPRECIATION

At 1 January 2018

20,177

585

50,115

70,877

Charge for year

137

190

5,849

6,176

At 31 December 2018

20,314

775

55,964

77,053

NET BOOK VALUE

At 31 December 2018

410

569

13,002

13,981

At 31 December 2017

547

759

15,886

17,192

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.18

31.12.17

£

£

Trade debtors

143,950

127,206

Other debtors

1,873

2,062

Prepayments

309

69

146,132

129,337

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.18

31.12.17

£

£

Trade creditors

926

14,404

Corporation tax

53,990

60,793

VAT

43,332

77,060

Other creditors

30,000

-

Directors' current accounts

551

751

Accruals and deferred income

37,199

67,695

Accrued expenses

5,926

4,695

171,924

225,398

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.18

31.12.17

value:

£

£

150

Ordinary

£1

150

300

8.

RESERVES

Retained

earnings

£

At 1 January 2018

165,166

Profit for the year

136,891

Dividends

(211,000

)

Purchase of own shares

(29,850

)

At 31 December 2018

61,207

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2018

and 31 December 2017:

31.12.18

31.12.17

£

£

Mr G N Davies

Balance outstanding at start of year

(52

)

2,822

Amounts advanced

-

99

Amounts repaid

-

(2,973

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(52

)

(52

)

Mr S M King

Balance outstanding at start of year

(698

)

(47

)

Amounts advanced

200

99

Amounts repaid

-

(750

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(498

)

(698

)

10.	RELATED PARTY DISCLOSURES

The company was under the control of Mr G N Davies and Mr S M King throughout the current and

previous period. Mr G N Davies and Mr S M King are the managing directors and majority

shareholders.

Mr G N Davies is a director of The Bespoke Organisation Limited and Bespoke Training Limited.

Both these companies are dormant and no trading activities took place throughout the financial year.