Accounts filed on 31-08-2022


Registered number: 10328704






Bullion Group Ltd


ACCOUNTS

FOR THE YEAR ENDED 31/08/2022
























Prepared By:
Lindrick Accountancy Services Ltd
205 Outgang Lane
Dinnington
Sheffield
S25 3QY


ACCOUNTS
FOR THE YEAR ENDED 31/08/2022





DIRECTORS
Max Scotford


REGISTERED OFFICE
4 Highgate Drive
Dronfield
S18 1UD


COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 10328704



ACCOUNTANTS
Lindrick Accountancy Services Ltd
205 Outgang Lane
Dinnington
Sheffield
S25 3QY


ACCOUNTS
FOR THEYEARENDED31/08/2022



CONTENTS



		Page

Directors' Report		-

Accountants' Report		-

Statement Of Comprehensive Income		-

Balance Sheet		3

Notes To The Accounts		4


The following do not form part of the statutory financial statements:

Trading And Profit And Loss Account		-

Profit And Loss Account Summaries		-


BALANCE SHEET AT 31/08/2022

			2022		2021
	Notes		£		£

FIXED ASSETS
Tangible assets	3		37,485		35,471

CURRENT ASSETS
Stock		18,670		15,000
Debtors	5	24,491		23,815
Cash at bank and in hand		8,766		-
		51,927		38,815
CREDITORS: Amounts falling due within one year	6	68,356		38,048
NET CURRENT (LIABILITIES) / ASSETS			(16,429)		767
TOTAL ASSETS LESS CURRENT LIABILITIES			21,056		36,238


CREDITORS: Amounts falling due after more than one year	7		30,000		30,000

NET (LIABILITIES) / ASSETS			(8,944)		6,238

CAPITAL AND RESERVES

Called up share capital	8		4		4
Share premium account	9		17,439		17,439
Profit and loss account			(26,387)		(11,205)
SHAREHOLDERS' FUNDS			(8,944)		6,238

For the year ending 31/08/2022 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.

Approved by the board on 18/05/2023 and signed on their behalf by



.............................
Max Scotford
Director

1. ACCOUNTING POLICIES


1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .


1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.

Plant and Machinery		%
Fixtures and Fittings		%
Equipment		%
Motor Cars		%


1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.


1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.


5. DEBTORS	2022	2021
	£	£

Amounts falling due within one year:
Trade debtors	9,167	-
VAT	-	4,279
Other debtors	15,324	19,536
	24,491	23,815


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
	2022	2021
	£	£
Bank loans and overdrafts	3,873	10,345
Taxation and social security	6,153	373
Other creditors	58,330	27,330
	68,356	38,048


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
	2022	2021
	£	£
Bank loans and overdrafts	30,000	30,000
	30,000	30,000


Included in other creditors are:


8. SHARE CAPITAL	2022	2021
	£	£
Allotted, issued and fully paid:
400 Ordinary shares of £.01 each	4	4
	4	4