Bespoke-advice Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08754524 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2019

FOR

BESPOKE-ADVICE LIMITED

Page

Company Information

1

Abridged Statement of Financial Position

2

Notes to the Financial Statements

3

Chartered Accountants' Report

4

DIRECTORS:

Mrs S C Lane

M Woods

REGISTERED OFFICE:

6 Manor Park Business Centre

Mackenzie Way

Cheltenham

Gloucestershire

GL51 9TX

REGISTERED NUMBER:

08754524 (England and Wales)

ACCOUNTANTS:

Andorran Limited

6 Manor Park Business Centre

Mackenzie Way

Cheltenham

Gloucestershire

GL51 9TX

CURRENT ASSETS

Cash at bank

145,063

134,209

CREDITORS

Amounts falling due within one year

(50,642

)

(62,846

)

NET CURRENT ASSETS

94,421

71,363

TOTAL ASSETS LESS CURRENT LIABILITIES

94,421

71,363

CAPITAL AND RESERVES

Called up share capital

4

100

100

Retained earnings

94,321

71,263

SHAREHOLDERS' FUNDS

94,421

71,363

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2019 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 applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 30 April 2019 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 24 October 2019 and were signed on its behalf by:

M Woods - Director

1.	STATUTORY INFORMATION

Bespoke-advice 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 the value of commissions received after making appropriate allowance for clawback of

commissions received on an indemnity basis. Income is recognised when business is written.

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 2 (2018 - 2 ) .

4.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.4.19

30.4.18

value:

£

£

100

Ordinary

£1

100

100

5.	RELATED PARTY DISCLOSURES

Woods Financial Management Limited

A company in which Mr M Woods is a majority shareholder and director

During the year the company paid fees of £112,882 (2018: £129,748) to Woods Financial Management

Limited on an arm's length basis.

Bespoke Risk Management Limited

A company in which Mrs S C Lane is the sole shareholder and director

During the year the company paid Bespoke Risk Management Limited fees amounting to £14,969

(2018: £18,675) on an arm's length basis.

During the year Bespoke Risk Management Limited charged the company £16,200 (2018: £19,200) in

respect of management fees on an arm's length basis.

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 Statement of Financial Position. 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 Bespoke-advice Limited for the year ended 30 April 2019 which comprise the

Statement of Income and Retained Earnings, Abridged Statement of Financial Position 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 Bespoke-advice 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 Bespoke-advice Limited and state those matters that we have agreed to state to the Board of Directors of Bespoke-advice 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 Bespoke-advice Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Bespoke-advice 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 Bespoke-advice Limited. You consider that Bespoke-advice Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Bespoke-advice 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.

Andorran Limited

6 Manor Park Business Centre

Mackenzie Way

Cheltenham

Gloucestershire

GL51 9TX

24 October 2019