Beaufort House Chelsea Limited 31/10/2019 iXBRL
Beaufort House Chelsea Limited 31/10/2019 iXBRL
Company registration number:
06943703
Contents
Directors and other information
Statement of financial position
Notes to the financial statements
Directors and other information
Directors |
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Company number |
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Registered office |
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Statement of financial position
31 October 2019
2018
2019 | as restated | ||||||||
Note | £ | £ | £ | £ | |||||
Fixed assets | |||||||||
Tangible assets | 5 |
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_______ | _______ | ||||||||
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Current assets | |||||||||
Stocks |
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Debtors | 6 |
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Cash at bank and in hand |
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Creditors: amounts falling due | |||||||||
within one year | 7 |
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Net current liabilities |
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Total assets less current liabilities |
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Creditors: amounts falling due | |||||||||
after more than one year | 8 |
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Provisions for liabilities |
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Net assets |
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Capital and reserves | |||||||||
Called up share capital |
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Revaluation reserve |
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Profit and loss account |
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Shareholders funds |
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Directors responsibilities:
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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;
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the
board of directors
and authorised for issue on
14 October 2020
, and are signed on behalf of the board by:
Director
Company registration number:
06943703
Notes to the financial statements
Year ended 31 October 2019
1.
General information
The company is a private company limited by shares, registered in England. The address of the registered office is Beaufort House Chelsea Limited, 58 Oxford Road South, Chiswick, London, W4 3DB.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
Tangible assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery | - |
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Fittings fixtures and equipment | - |
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If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
Stocks
Provisions
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
45
(2018:
44
).
5.
Tangible assets
Short leasehold property | Plant and machinery | Fixtures, fittings and equipment | Total | ||
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Cost | |||||
At 1 November 2018 |
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Additions |
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At 31 October 2019 |
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Depreciation | |||||
At 1 November 2018 | - |
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Charge for the year | - |
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At 31 October 2019 | - |
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Carrying amount | |||||
At 31 October 2019 |
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At 31 October 2018 |
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6.
Debtors
2019 | 2018 | |||
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Trade debtors |
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Other debtors |
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7.
Creditors: amounts falling due within one year
2018
2019 | as restated | |||
£ | £ | |||
Bank loans and overdrafts |
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Trade creditors |
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Social security and other taxes |
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Other creditors |
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8.
Creditors: amounts falling due after more than one year
2018
2019 | as restated | |||
£ | £ | |||
Other creditors |
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The company has a 3 year unsecured loan from Funding Ciricle. The original amount of this loan was £260,000 and the balance due as at the balance sheet date was £144,379.
The company also has a 5 year loan from Newable Loans. The original amount of this loan was £100,000 and the balance due as at the balance sheet date was £81,743.
9.
Prior period errors
10.
Events after the end of the reporting period
After the end of the reporting period, the company's trade was affected by the coronavirus pandemic. The company's trading premises were closed from 16 March to 4 July 2020, which will affect the trading results for the following accounting period.
11.
Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company: | ||||
2019 | ||||
Balance brought forward | Advances /(credits) to the directors | Balance o/standing | ||
£ | £ | £ | ||
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2018 | ||||
Balance brought forward | Advances /(credits) to the directors | Balance o/standing | ||
£ | £ | £ | ||
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1,896 | |
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(18,198) | ||
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