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BOURNE CARPENTRY LIMITED - Company Information

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Bourne Carpentry Limited

Registered Number:06422724

For the year ended 31 March 2021

England and Wales

Unaudited Financial Statements

For the year ended 31 March 2021

Bourne Carpentry Limited

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

Registered Number :

06422724

As at 31 March 2021

Bourne Carpentry Limited

Statement of Financial Position

2020

2021

Notes

Fixed assets

Property, plant and equipment

6,858

8,364

6,858

8,364

Current assets

Trade and other receivables

30,287

12,872

15,522

Cash and cash equivalents

73,544

86,416

45,809

Trade and other payables: amounts falling due within one year

(49,088)

(41,591)

(3,279)

44,825

Net current assets

Total assets less current liabilities

51,683

5,085

Trade and other payables: amounts falling due after more than

one year

(50,000)

1,683

Net assets

5,085

Capital and reserves

Called up share capital

1,000

Retained earnings

683

4,085

1,683

5,085

Shareholders' funds

For the year ended 31 March 2021 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 2021 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 12 May 2021 and were signed by:

The notes form part of these financial statements

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For the year ended 31 March 2021

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

Computer Equipment

2. Property, plant and equipment

Total

Computer

Equipment

Plant and

Machinery

Cost or valuation

At 01 April 2020

26,205

1,082

25,123

At 31 March 2021

25,123

1,082

26,205

Provision for depreciation and impairment

At 01 April 2020

17,841

355

17,486

Charge for year

1,506

131

1,375

At 31 March 2021

19,347

486

18,861

At 31 March 2021

Net book value

6,262

596

6,858

At 31 March 2020

7,637

727

8,364

3. Trade and other receivables

2020

2021

Other debtors

12,872

30,287

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For the year ended 31 March 2021

Bourne Carpentry Limited

Notes to the Financial Statements Continued

4. Trade and other payables: amounts falling due within one year

2020

2021

Trade creditors

1,535

13,945

Taxation and social security

38,755

32,256

Other creditors

1,301

2,887

41,591

49,088

5. Trade and other payables: amounts falling due after more than one year

2020

2021

Bank loans and overdraft

50,000

6. Average number of persons employed

During the year the average number of employees was 5 (2020 : 5)

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