Bacchus_Trading_Ltd_02_Sep_2019_companies_house_set_of_accounts.html

Bacchus_Trading_Ltd_02_Sep_2019_companies_house_set_of_accounts.html

BACCHUS TRADING LTD - Company Information

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3 September 2018 4.5.6 limited_company_frs_102_section_1a_v1_0_4 companies_houseSoftwarefalsetruetruetrueNo description of principal activitytruexbrli:purexbrli:sharesiso4217:GBP077250952018-09-032019-09-02077250952019-09-02077250952018-09-0207725095core:WithinOneYear2019-09-0207725095core:WithinOneYear2018-09-0207725095core:ShareCapital2019-09-0207725095core:ShareCapital2018-09-0207725095core:RetainedEarningsAccumulatedLosses2019-09-0207725095core:RetainedEarningsAccumulatedLosses2018-09-0207725095bus:Director12018-09-032019-09-0207725095bus:RegisteredOffice2018-09-032019-09-02077250952017-09-032018-09-020772509512018-09-032019-09-0207725095countries:EnglandWales2018-09-032019-09-0207725095bus:AuditExemptWithAccountantsReport2018-09-032019-09-0207725095bus:PrivateLimitedCompanyLtd2018-09-032019-09-0207725095bus:SmallEntities2018-09-032019-09-0207725095bus:FullAccounts2018-09-032019-09-02
Company registration number:
07725095
Bacchus Trading Ltd
Unaudited Filleted Financial Statements for the year ended
2 September 2019
Bacchus Trading Ltd
Chartered accountant's report to the board of directors on the preparation of the unaudited statutory financial statements of Bacchus Trading Ltd
Year ended
2 September 2019
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements
of
Bacchus Trading Ltd
for the year ended
2 September 2019
which comprise the income statement, statement of financial position and 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 at icaew.com/​regulations.
This report is made solely to the Board of Directors of
Bacchus Trading Ltd
, as a body, in accordance with the terms of our engagement letter dated 23 March 2012. Our work has been undertaken solely to prepare for your approval the
financial statements
of
Bacchus Trading Ltd
and state those matters that we have agreed to state to the Board of Directors of
Bacchus Trading Ltd
, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than
Bacchus Trading Ltd
and its Board of Directors, as a body, for our work or for this report.
It is your duty to ensure that
Bacchus Trading Ltd
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 loss of
Bacchus Trading Ltd
. You consider that
Bacchus Trading Ltd
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 Bacchus Trading Ltd. 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.
A&C Chartered Accountants
Marsland Chambers
1a Marsland Road
Manchester
Cheshire
M33 3HP
United Kingdom
Date:
27 May 2020
Bacchus Trading Ltd
Statement of Financial Position
2 September 2019
20192018
Note££
Current assets    
Debtors 5 -  
80,000
 
Cash at bank and in hand
501,272
 
422,135
 
501,272
 
502,135
 
Creditors: amounts falling due within one year 6
(988
 )
(838
 )
Net current assets
500,284
 
501,297
 
Total assets less current liabilities 500,284   501,297  
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
500,184
 
501,197
 
Shareholders funds
500,284
 
501,297
 
For the year ending
2 September 2019
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
27 May 2020
, and are signed on behalf of the board by:
Mr P Richards
Director
Company registration number:
07725095
Bacchus Trading Ltd
Notes to the Financial Statements
Year ended
2 September 2019

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
20-22 Wenlock Road
,
London
,
N1 7GU
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

4 Average number of employees

The average number of persons employed by the company during the year was Nil (2018:
1.00
).

5 Debtors

20192018
££
Other debtors -  
80,000
 

6 Creditors: amounts falling due within one year

20192018
££
Other creditors
988
 
838
 

7 Director's advances, credit and guarantees

The balance outstanding from the company at the start of the year to 02 September 2019 was £538. There has been no movement in the account during this period. The outstanding balance from the company at the end of the year to 02 September 2019 was £538. The above loan is unsecured, interest free and repayable on demand.

8 Controlling party

During the year ended 02/09/2019, P Richards controlled the company by virtue of a controlling interest of 100% of the issued ordinary share capital.