Bespoke Training & Development Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04310650 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2021

for

Bespoke Training & Development Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr G N Davies

SECRETARY:

Mr G N Davies

REGISTERED OFFICE:

Blissford Lodge

Blissford Hill

Frogham

Fordingbridge

Hampshire

SP6 2HU

REGISTERED NUMBER:

04310650 (England and Wales)

ACCOUNTANTS:

Thomas Croft Limited

Accountants And Taxation Consultants

Solent House

107a Alma Road

Portswood

Southampton

Hampshire

SO14 6UY

FIXED ASSETS

Tangible assets

4

10,102

11,353

CURRENT ASSETS

Debtors

5

78,241

114,249

Cash at bank

412,541

263,239

490,782

377,488

CREDITORS

Amounts falling due within one year

6

205,365

198,622

NET CURRENT ASSETS

285,417

178,866

TOTAL ASSETS LESS CURRENT LIABILITIES

295,519

190,219

CREDITORS

Amounts falling due after more than one year

7

-

10,417

NET ASSETS

295,519

179,802

CAPITAL AND RESERVES

Called up share capital

8

150

150

Retained earnings

9

295,369

179,652

SHAREHOLDERS' FUNDS

295,519

179,802

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The 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.

The financial statements were approved by the director and authorised for issue on 17 March 2022 and were signed by:

Mr G N Davies - Director

1.	STATUTORY INFORMATION

Bespoke Training & Development Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2020 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2021

20,724

1,569

75,165

97,458

Additions

129

1,821

4,267

6,217

Disposals

(20,724

)

(1,344

)

(66,001

)

(88,069

)

At 31 December 2021

129

2,046

13,431

15,606

DEPRECIATION

At 1 January 2021

20,493

1,052

64,560

86,105

Charge for year

32

121

2,004

2,157

Eliminated on disposal

(20,493

)

(1,024

)

(61,241

)

(82,758

)

At 31 December 2021

32

149

5,323

5,504

NET BOOK VALUE

At 31 December 2021

97

1,897

8,108

10,102

At 31 December 2020

231

517

10,605

11,353

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.21

31.12.20

£

£

Trade debtors

70,276

110,252

Other debtors

5,303

3,780

Directors' current accounts

148

148

Prepayments

2,514

69

78,241

114,249

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.21

31.12.20

£

£

Trade creditors

9,371

12,197

Corporation tax

55,718

50,801

Social security and other taxes

7,100

7,194

VAT

57,988

75,847

Other creditors

2,023

-

Accruals and deferred income

73,165

52,583

205,365

198,622

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.21

31.12.20

£

£

Bank loans - 2-5 years

-

10,417

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.21

31.12.20

value:

£

£

150

Ordinary

£1

150

150

9.

RESERVES

Retained

earnings

£

At 1 January 2021

179,652

Profit for the year

235,717

Dividends

(120,000

)

At 31 December 2021

295,369

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2021 and 31 December 2020:

31.12.21

31.12.20

£

£

Mr G N Davies

Balance outstanding at start of year

148

148

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

148

148

11.	RELATED PARTY DISCLOSURES

The company was under the control of Mr G N Davies throughout the current and previous period. Mr G N Davies is the managing director and majority shareholder.

Mr G N Davies is a director of The Bespoke Organisation Limited and Bespoke Training Limited. Both these companies are dormant and no trading activities took place throughout the financial year.