| BOB BURGE LIMITED |
| Registered number: |
00843091 |
| Balance Sheet |
| as at 31 March 2023 |
|
| Notes |
|
|
2023 |
|
|
2022 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
24,247 |
|
|
12,090 |
|
| Current assets |
| Stocks |
|
|
1,000 |
|
|
1,000 |
| Debtors |
4 |
|
113,021 |
|
|
98,253 |
| Cash at bank and in hand |
|
|
91,813 |
|
|
128,253 |
|
|
|
205,834 |
|
|
227,506 |
|
| Creditors: amounts falling due within one year |
5 |
|
(95,931) |
|
|
(110,824) |
|
| Net current assets |
|
|
|
109,903 |
|
|
116,682 |
|
| Total assets less current liabilities |
|
|
|
134,150 |
|
|
128,772 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(21,722) |
|
|
(31,431) |
|
| Provisions for liabilities |
|
|
|
(4,607) |
|
|
(2,297) |
|
| Net assets |
|
|
|
107,821 |
|
|
95,044 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
12,500 |
|
|
12,500 |
| Profit and loss account |
|
|
|
95,321 |
|
|
82,544 |
|
| Shareholders' funds |
|
|
|
107,821 |
|
|
95,044 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
| …....................................... |
| S Burge |
| Director |
| Approved by the board on 29 June 2023 |
|
| BOB BURGE LIMITED |
| Notes to the Accounts |
| for the year ended 31 March 2023 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes in the ordinary course of the company's activities. Turnover includes revenue earned from the rendering of services. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and machinery |
over 3-13 years |
|
Motor vehicles |
over 4-6 years |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference. Current and deferred tax assets and liabilities are not discounted. |
|
|
Foreign currency translation |
|
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss. |
|
|
Pensions |
|
Contributions to defined contribution plans are expensed in the period to which they relate. |
|
|
Government grants |
|
Government grants are recognised in the income statement as other operating income on a systematic basis over the period in which the related costs towards which they are intended to compensate are recognised as expenses, providing that the company has complied with all conditions attached and that the grant has either been received or is receivable. |
|
|
| 2 |
Employees |
2023 |
|
2022 |
| Number |
Number |
|
|
Average number of persons employed by the company |
6 |
|
6 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Plant and machinery etc |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 April 2022 |
33,253 |
|
37,245 |
|
70,498 |
|
Additions |
2,549 |
|
13,594 |
|
16,143 |
|
At 31 March 2023 |
35,802 |
|
50,839 |
|
86,641 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2022 |
31,082 |
|
27,326 |
|
58,408 |
|
Charge for the year |
801 |
|
3,185 |
|
3,986 |
|
At 31 March 2023 |
31,883 |
|
30,511 |
|
62,394 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2023 |
3,919 |
|
20,328 |
|
24,247 |
|
At 31 March 2022 |
2,171 |
|
9,919 |
|
12,090 |
|
|
| 4 |
Debtors |
2023 |
|
2022 |
| £ |
£ |
|
|
Trade debtors |
65,094 |
|
53,642 |
|
Other debtors |
47,927 |
|
44,611 |
|
|
|
|
|
|
113,021 |
|
98,253 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2023 |
|
2022 |
| £ |
£ |
|
|
Bounce back loan |
10,648 |
|
10,648 |
|
Trade creditors |
12,321 |
|
6,430 |
|
Corporation tax |
1,072 |
|
2,591 |
|
Other taxes and social security costs |
6,856 |
|
16,085 |
|
Other creditors |
65,034 |
|
75,070 |
|
|
|
|
|
|
95,931 |
|
110,824 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2023 |
|
2022 |
| £ |
£ |
|
|
Bounce back loan |
21,722 |
|
31,431 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Other financial commitments |
2023 |
|
2022 |
| £ |
£ |
|
|
Total future minimum payments under non-cancellable operating leases |
|
85,592 |
|
138,010 |
|
|
|
|
|
|
|
|
|
|
| 8 |
Other information |
|
|
BOB BURGE LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
|
|
Unit 18 Trident Industrial Estate |
|
Blackthorne Road Colnbrook |
|
Slough |
|
Berkshire |
|
SL3 0AX |
