Bauer Digital Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 08520294 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2022

for

Bauer Digital Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

P Bunce

SECRETARY:

REGISTERED OFFICE:

Redland House

157 Redland Road

Redland

Bristol

BS6 6YE

REGISTERED NUMBER:

08520294 (England and Wales)

ACCOUNTANTS:

Wormald & Partners

Chartered Accountants (ICAEW)

Redland House

157 Redland Road

Redland

Bristol

BS6 6YE

CURRENT ASSETS

Stocks

30,080

60,160

Debtors

4

293,446

112,261

Cash at bank

59,989

309,447

383,515

481,868

CREDITORS

Amounts falling due within one year

5

147,936

241,245

NET CURRENT ASSETS

235,579

240,623

TOTAL ASSETS LESS CURRENT LIABILITIES

235,579

240,623

CREDITORS

Amounts falling due after more than one year

6

31,659

40,833

NET ASSETS

203,920

199,790

CAPITAL AND RESERVES

Called up share capital

150

150

Retained earnings

203,770

199,640

SHAREHOLDERS' FUNDS

203,920

199,790

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2022 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 13 February 2023 and were signed by:

P Bunce - Director

1.	STATUTORY INFORMATION

Bauer Digital 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.

Stocks

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.

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 2 (2021 - 1 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Trade debtors

1,425

5,253

Accrued income

88,570

-

Prepayments

203,451

107,008

293,446

112,261

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2022

2021

£

£

Bank loans and overdrafts

9,171

9,167

Paul Bunce loan

61,902

52,953

Tax

977

30,270

Social security and other taxes

1,124

-

VAT

35,520

103,655

Accrued expenses

39,242

45,200

147,936

241,245

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2022

2021

£

£

Bank loans

31,659

40,833

7.	RELATED PARTY DISCLOSURES

Included within creditors, is a balance of £61,902 (2021: £52,953) which is due to Mr P Bunce a director and shareholder of the company.

8.	ULTIMATE CONTROLLING PARTY

There is no ultimate controlling party.