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

REGISTERED NUMBER: 07509231 (England and Wales)

Financial Statements for the Year Ended 30 June 2019

for

Bespoke Europe Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M R Taylor

SECRETARY:

Mrs A S Taylor

REGISTERED OFFICE:

238 Station Road

Addlestone

Surrey

KT15 2PS

REGISTERED NUMBER:

07509231 (England and Wales)

ACCOUNTANTS:

CSL Partnership Limited

Chartered Certified Accountants

238 Station Road

Addlestone

Surrey

KT15 2PS

CURRENT ASSETS

Stocks

70,660

160,323

Debtors

3

712,332

431,605

Cash at bank

294,126

454,707

1,077,118

1,046,635

CREDITORS

Amounts falling due within one year

4

(433,038

)

(214,780

)

NET CURRENT ASSETS

644,080

831,855

TOTAL ASSETS LESS CURRENT LIABILITIES

644,080

831,855

CREDITORS

Amounts falling due after more than one year

5

(118,555

)

(189,599

)

NET ASSETS

525,525

642,256

CAPITAL AND RESERVES

Called up share capital

300

300

Retained earnings

525,225

641,956

525,525

642,256

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2019 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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

The financial statements were approved by the director on 31 March 2020 and were signed by:

M R Taylor - Director

1.	STATUTORY INFORMATION

Bespoke Europe 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.

Revenue

Revenue is measured at fair value and represents revenues receivable under contracts net of value

added tax. Where contractual obligations have been partially performed at the balance sheet date,

revenue is recognised to the extent that the company has obtained the right to consideration through

its performance.

Inventories

Stocks are valued at the lower of cost and net realisable value, after making due allowance for

obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement,

except to the extent that it relates to items recognised in other comprehensive income or directly in

equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been

enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at

the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods

different from those in which they are recognised in financial statements. Deferred tax is measured

using tax rates and laws that have been enacted or substantively enacted by the year end and that

are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable

that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.19

30.6.18

£

£

Trade debtors

604,305

412,017

Tax

9,605

-

VAT

10,133

-

Prepayments

1,544

1,118

Payments in advance for stock

86,745

18,470

712,332

431,605

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.19

30.6.18

£

£

Other loans

72,040

67,272

Trade creditors

354,224

107,179

Tax

-

17,802

VAT

-

6,233

Other creditors

1,074

-

Accruals and deferred income

5,700

16,294

433,038

214,780

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.19

30.6.18

£

£

Other loans - 1-2 years

77,052

81,763

Other loans - 2-5 years

41,503

107,836

118,555

189,599