R.A. BUGLER LIMITED

R.A. BUGLER LIMITED

R.A. BUGLER LIMITED - Company Information

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R.A. BUGLER LIMITED

Company Registration Number:
04042178 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2021

Period of accounts

Start date: 01 January 2021

End date: 31 December 2021

R.A. BUGLER LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2021

Balance sheet
Notes

R.A. BUGLER LIMITED

Balance sheet

As at 31 December 2021


Notes
2021
2020


£
£
Fixed assets
Tangible assets: 3 1,187,981 996,597
Total fixed assets: 1,187,981 996,597
Current assets
Stocks: 173,921 173,921
Debtors:   821,202 849,941
Cash at bank and in hand: 28,999
Total current assets: 1,024,122 1,023,862
Creditors: amounts falling due within one year:   (1,348,907) (1,188,646)
Net current assets (liabilities): (324,785) (164,784)
Total assets less current liabilities: 863,196 831,813
Total net assets (liabilities): 863,196 831,813
Capital and reserves
Called up share capital: 100 100
Revaluation reserve:435,44435,444
Profit and loss account: 827,652 796,269
Shareholders funds: 863,196 831,813

The notes form part of these financial statements

R.A. BUGLER LIMITED

Balance sheet statements

For the year ending 31 December 2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 September 2022
and signed on behalf of the board by:

Name: R Bugler
Status: Director

The notes form part of these financial statements

R.A. BUGLER LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

The turnover represents amounts receivable for goods and services net of VAT and trade discounts

Tangible fixed assets and depreciation policy

Plant and machinery - 25% reducing balanceThe land and buildings have not been depreciated as the directors consider there has been no reduction in value in the period.

Valuation and information policy

Stocks and work in progress are valued at the lower of cost and net realisable value, after making allowances for obsolete and slow-moving items. Cost includes all direct expenditure and overheads'

R.A. BUGLER LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

2. Employees

2021 2020
Average number of employees during the period 2 2

R.A. BUGLER LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

3. Tangible Assets

Total
Cost £
At 01 January 2021 1,441,050
Additions 215,168
At 31 December 2021 1,656,218
Depreciation
At 01 January 2021 444,453
Charge for year 23,784
At 31 December 2021 468,237
Net book value
At 31 December 2021 1,187,981
At 31 December 2020 996,597

The buildings are not included as investment properties as the directors consider the company's trade to be the rental and management of the properties. The company also develops some of these properties with a view to future sale.

R.A. BUGLER LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

4. Revaluation reserve

2021
£
Balance at 01 January 2021 35,444
Surplus or deficit after revaluation 0
Balance at 31 December 2021 35,444