Bespoke Europe Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07509231 (England and Wales)

Financial Statements for the Year Ended 30 June 2021

for

Bespoke Europe Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M R Taylor

SECRETARY:

Mrs A S Taylor

REGISTERED OFFICE:

Unit 8, Queens Square

Ascot Business Park

Lyndhurst Road

Ascot

Berkshire

SL5 9FE

REGISTERED NUMBER:

07509231 (England and Wales)

ACCOUNTANTS:

CSL Partnership Limited

Chartered Certified Accountants

238 Station Road

Addlestone

Surrey

KT15 2PS

CURRENT ASSETS

Stocks

226,393

140,143

Debtors

4

560,982

620,965

Cash at bank

288,772

189,899

1,076,147

951,007

CREDITORS

Amounts falling due within one year

5

(97,180

)

(214,205

)

NET CURRENT ASSETS

978,967

736,802

TOTAL ASSETS LESS CURRENT LIABILITIES

978,967

736,802

CREDITORS

Amounts falling due after more than one year

6

(42,500

)

(42,844

)

NET ASSETS

936,467

693,958

CAPITAL AND RESERVES

Called up share capital

300

300

Retained earnings

936,167

693,658

936,467

693,958

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 29 March 2022 and were signed by:

M R Taylor - Director

1.	STATUTORY INFORMATION

Bespoke Europe 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Revenue

Revenue is measured at fair value and represents revenues receivable under contracts net of value added tax. Where contractual obligations have been partially performed at the balance sheet date, revenue is recognised to the extent that the company has obtained the right to consideration through its performance.

Inventories

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred 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 or deferred 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.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.21

30.6.20

£

£

Trade debtors

450,440

620,499

Amounts owed by participating interests

110,542

-

Prepayments

-

466

560,982

620,965

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.21

30.6.20

£

£

Bank loans and overdrafts

7,500

-

Other loans

-

77,052

Trade creditors

21,672

29,538

Tax

59,909

39,609

VAT

5,544

62,320

Other creditors

55

1,486

Accruals and deferred income

2,500

4,200

97,180

214,205

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.21

30.6.20

£

£

Bank loans - 1-2 years

10,000

-

Bank loans - 2-5 years

30,000

-

Bank loans - more than 5 years

2,500

-

Other loans - 1-2 years

-

42,844

42,500

42,844

Amounts falling due in more than five years:

Repayable by instalments

Bank loans - more than 5 years

2,500

-