Bonus House Limited - Accounts to registrar (filleted) - small 23.2.5

Bonus House Limited - Accounts to registrar (filleted) - small 23.2.5

BONUSHOUSE LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v23.3.0.418 04232037 Board of Directors Board of Directors 1.2.22 31.1.23 31.1.23 0 0 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure042320372022-01-31042320372023-01-31042320372022-02-012023-01-31042320372021-01-31042320372021-02-012022-01-31042320372022-01-3104232037ns15:PoundSterling2022-02-012023-01-3104232037ns11:Director12022-02-012023-01-3104232037ns11:Director22022-02-012023-01-3104232037ns11:PrivateLimitedCompanyLtd2022-02-012023-01-3104232037ns11:SmallEntities2022-02-012023-01-3104232037ns11:AuditExempt-NoAccountantsReport2022-02-012023-01-3104232037ns11:SmallCompaniesRegimeForDirectorsReport2022-02-012023-01-3104232037ns11:SmallCompaniesRegimeForAccounts2022-02-012023-01-3104232037ns11:FullAccounts2022-02-012023-01-3104232037ns11:CompanySecretary12022-02-012023-01-3104232037ns11:RegisteredOffice2022-02-012023-01-3104232037ns6:CurrentFinancialInstruments2023-01-3104232037ns6:CurrentFinancialInstruments2022-01-3104232037ns6:Non-currentFinancialInstruments2023-01-3104232037ns6:Non-currentFinancialInstruments2022-01-3104232037ns6:ShareCapital2023-01-3104232037ns6:ShareCapital2022-01-3104232037ns6:RetainedEarningsAccumulatedLosses2023-01-3104232037ns6:RetainedEarningsAccumulatedLosses2022-01-3104232037ns6:CostValuation2022-01-3104232037ns6:WithinOneYearns6:CurrentFinancialInstruments2023-01-3104232037ns6:WithinOneYearns6:CurrentFinancialInstruments2022-01-3104232037ns6:Secured2023-01-3104232037ns6:Secured2022-01-31
REGISTERED NUMBER: 04232037















Unaudited Financial Statements for the Year Ended 31 January 2023

for

Bonus House Limited
Bonus House Limited (Registered number: 04232037)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bonus House Limited

Company Information
for the Year Ended 31 January 2023







DIRECTORS: J E Long
J M Long





SECRETARY: J E Long





REGISTERED OFFICE: 12 West Links
Tollgate
Chandlers Ford
Eastleigh
Hampshire
SO53 3TG





REGISTERED NUMBER: 04232037





ACCOUNTANTS: Talbot Accounting Solutions LLP
Bartley Cottage
Ringwood Road
Bartley
Southampton
Hampshire
SO40 7LD
Page 1
Bonus House Limited (Registered number: 04232037)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 1 1
Investment property 5 685,000 685,000
685,001 685,001

CURRENT ASSETS
Debtors 6 647 582
Cash at bank 1,736 8,178
2,383 8,760
CREDITORS
Amounts falling due within one year 7 323,720 292,954
NET CURRENT LIABILITIES (321,337 ) (284,194 )
TOTAL ASSETS LESS CURRENT
LIABILITIES
363,664
400,807

CREDITORS
Amounts falling due after more than one
year
8
(146,009
)
(157,538
)

PROVISIONS FOR LIABILITIES (22,511 ) (22,545 )
NET ASSETS 195,144 220,724

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 195,044 220,624
195,144 220,724

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 notes form part of these financial statements

Page 2 continued...
Bonus House Limited (Registered number: 04232037)

Balance Sheet - continued
31 January 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 October 2023 and were signed on its behalf by:




J E Long - Director



J M Long - Director


The notes form part of these financial statements

Page 3
Bonus House Limited (Registered number: 04232037)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

Bonus House Limited is a private company, limited by shares , registered in Not specified/Other. 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 represents amounts for rent receivable.

Investments in subsidiaries
Interests in associates are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company . Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a longterm interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

Investment property
Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure.

Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


Page 4 continued...
Bonus House Limited (Registered number: 04232037)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

2. ACCOUNTING POLICIES - continued
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 (2022 - NIL).

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 February 2022
and 31 January 2023 1
NET BOOK VALUE
At 31 January 2023 1
At 31 January 2022 1

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 February 2022
and 31 January 2023 685,000
NET BOOK VALUE
At 31 January 2023 685,000
At 31 January 2022 685,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Other debtors 647 582

Page 5 continued...
Bonus House Limited (Registered number: 04232037)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Bank loans and overdrafts 13,864 16,198
Amounts owed to group undertakings 36,981 35,133
Taxation and social security 3,375 1,798
Other creditors 269,500 239,825
323,720 292,954

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.23 31.1.22
£    £   
Bank loans 146,009 157,538

9. SECURED DEBTS

The following secured debts are included within creditors:

31.1.23 31.1.22
£    £   
Bank loans 159,873 173,736

The loans are secured against the assets to which they relate.

Page 6