Company Registration No. 09103204 (England and Wales)
Bespoke Handling Limited
Unaudited accounts
for the year ended 30 June 2019
Bespoke Handling Limited
Unaudited accounts
Contents
Bespoke Handling Limited
Company Information
for the year ended 30 June 2019
Directors
Mr F Daffern
Mr G Ayles
Company Number
09103204 (England and Wales)
Registered Office
21 East Street
Bromley
Kent
BR1 1QE
Accountants
KJK Associates Ltd
21 East Street
Bromley
Kent
BR1 1QE
Bespoke Handling Limited
Statement of financial position
as at 30 June 2019
Tangible assets
801,226
404,553
Cash at bank and in hand
16,925
9,557
Creditors: amounts falling due within one year
(1,695,840)
(1,027,846)
Net current liabilities
(169,348)
(148,310)
Total assets less current liabilities
631,878
258,243
Creditors: amounts falling due after more than one year
(574,278)
(150,578)
Provisions for liabilities
Deferred tax
(57,000)
(51,058)
Called up share capital
104
100
Profit and loss account
496
56,507
Shareholders' funds
600
56,607
For the year ending 30 June 2019 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 30 November 2019.
Mr F Daffern
Director
Company Registration No. 09103204
Bespoke Handling Limited
Notes to the Accounts
for the year ended 30 June 2019
Bespoke Handling Limited is a private company, limited by shares, registered in England and Wales, registration number 09103204. The registered office is 21 East Street, Bromley, Kent, BR1 1QE.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% straight line
Plant & machinery
25% straight line
Motor vehicles
20% straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Bespoke Handling Limited
Notes to the Accounts
for the year ended 30 June 2019
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2018
13,183
39,492
527,875
580,550
Additions
9,522
64,429
667,583
741,534
Disposals
-
(7,265)
(301,657)
(308,922)
At 30 June 2019
22,705
96,656
893,801
1,013,162
At 1 July 2018
1,318
23,995
150,684
175,997
Charge for the year
2,270
14,251
108,330
124,851
On disposals
-
(7,265)
(81,647)
(88,912)
At 30 June 2019
3,588
30,981
177,367
211,936
At 30 June 2019
19,117
65,675
716,434
801,226
At 30 June 2018
11,865
15,497
377,191
404,553
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Plant & machinery
36,255
-
- Motor vehicles
648,227
301,159
Bespoke Handling Limited
Notes to the Accounts
for the year ended 30 June 2019
Trade debtors
1,199,816
841,380
Accrued income and prepayments
291,834
15,682
Other debtors
17,917
12,917
7
Creditors: amounts falling due within one year
2019
2018
Bank loans and overdrafts
12,250
17,250
Obligations under finance leases and hire purchase contracts
186,425
124,116
Trade creditors
688,504
502,571
Taxes and social security
11,936
47,273
Other creditors
802,502
249,512
Loans from directors
(95,178)
4,705
8
Creditors: amounts falling due after more than one year
2019
2018
Obligations under finance leases and hire purchase contracts
375,000
150,578
Allotted, called up and fully paid:
104 Ordinary shares of £1 each
104
100
Shares issued during the period:
4 Ordinary shares of £1 each
4
10
Transactions with related parties
During the year dividends of £62,000 (2018: £105,000) were paid to the director/shareholders.
At the year end the directors' loan accounts were overdrawn by £95,178 (2018: £4,705 due to directors).
11
Average number of employees
During the year the average number of employees was 10 (2018: 7).
