Bourne Carpentry Limited,Ltd - AccountsLtd - Accounts

Bourne Carpentry Limited,Ltd - AccountsLtd - Accounts

BOURNE CARPENTRY LIMITED - Company Information

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2019-04-01 06422724 2020-03-31 06422724 2019-04-01 2020-03-31 06422724 2019-03-31 06422724 2018-04-01 2019-03-31 06422724 uk-core:WithinOneYear 2019-03-31 06422724 uk-core:WithinOneYear 2020-03-31 06422724 uk-core:ShareCapital 2020-03-31 06422724 uk-core:ShareCapital 2019-03-31 06422724 uk-core:RetainedEarningsAccumulatedLosses 2020-03-31 06422724 uk-core:RetainedEarningsAccumulatedLosses 2019-03-31 06422724 uk-bus:Director1 2019-04-01 2020-03-31 06422724 uk-bus:Director2 2019-04-01 2020-03-31 06422724 uk-core:PlantMachinery 2019-04-01 2020-03-31 06422724 uk-core:OfficeEquipment 2019-04-01 2020-03-31 06422724 uk-core:OfficeEquipment 2019-03-31 06422724 uk-core:PlantMachinery 2019-03-31 06422724 uk-core:PlantMachinery 2020-03-31 06422724 uk-core:OfficeEquipment 2020-03-31 06422724 uk-core:WithinOneYear 2020-03-31 06422724 uk-core:WithinOneYear 2019-03-31 iso4217:GBP xbrli:pure 06422724 uk-bus:AuditExemptWithAccountantsReport 2019-04-01 2020-03-31 06422724 uk-bus:FRS102 2019-04-01 2020-03-31 06422724 uk-bus:FullAccounts 2019-04-01 2020-03-31 06422724 uk-bus:PrivateLimitedCompanyLtd 2019-04-01 2020-03-31
Bourne Carpentry Limited
Registered Number:06422724
For the year ended 31 March 2020
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2020
Bourne Carpentry Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
As at 31 March 2020
Bourne Carpentry Limited
Statement of Financial Position
Registered Number :
06422724
£
£
2019
2020
Notes
Fixed assets
Property, plant and equipment
8,364
10,201
2
8,364
10,201
Current assets
Trade and other receivables
3,027
30,287
3
73,964
Cash and cash equivalents
15,522
45,809
76,991
Trade and other payables: amounts falling due within one year
(41,571)
(49,088)
4
35,420
(3,279)
Net current liabilities
Total assets less current liabilities
5,085
45,621
5,085
Net assets
45,621
Capital and reserves
Called up share capital
1,000
1,000
Retained earnings
4,085
44,621
5,085
45,621
Shareholders' funds
For the year ended 31 March 2020 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 of its financial statements for the year ended 31 March 2020 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Dean Antony Millwood Director
Mr Paul Lloyd Director
These financial statements were approved and authorised for issue by the Board on 23 June 2020 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 March 2020
Bourne Carpentry Limited
Notes to the Financial Statements
Statutory Information
Bourne Carpentry Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number
06422724.
Registered address:
4 Brechley Road
Sittingbourne
Kent
ME10 4EG
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 ''The
Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have
been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery
18% Reducing balance
18% Reducing balance
Computer Equipment
2. Property, plant and equipment
Total
Computer
Equipment
Plant and
Machinery
£
£
£
Cost or valuation
At 01 April 2019
26,205
1,082
25,123
At 31 March 2020
25,123
1,082
26,205
Provision for depreciation and impairment
At 01 April 2019
16,004
195
15,809
Charge for year
1,837
160
1,677
At 31 March 2020
17,841
355
17,486
At 31 March 2020
Net book value
7,637
727
8,364
At 31 March 2019
9,314
887
10,201
3. Trade and other receivables
2019
2020
£
£
Other debtors
30,287
3,027
2 of 3
5
For the year ended 31 March 2020
Bourne Carpentry Limited
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2019
2020
£
£
Bank loans and overdraft
-
514
Trade creditors
13,945
7,573
Taxation and social security
32,256
29,565
Other creditors
2,887
3,919
49,088
41,571
5. Average number of persons employed
During the year the average number of employees was 5 (2019 : 2)
3 of 3