Company Registration No. 09103204 (England and Wales)
Bespoke Handling Limited
Unaudited accounts
for the year ended 30 June 2023
Bespoke Handling Limited
Unaudited accounts
Contents
Bespoke Handling Limited
Company Information
for the year ended 30 June 2023
Directors
Mr F Daffern
Mr G Ayles
Company Number
09103204 (England and Wales)
Registered Office
Starvemouse Farm
Parish Lane
Crawley
RH10 5NY
Accountants
Times Accountancy Services Limited
Alcala
Rectory Lane
Woodmansterne
Surrey
SM7 3NY
Bespoke Handling Limited
Statement of financial position
as at 30 June 2023
Tangible assets
421,171
521,528
Debtors
1,101,340
1,195,161
Cash at bank and in hand
172,513
15,716
Creditors: amounts falling due within one year
(1,067,539)
(1,264,759)
Net current assets/(liabilities)
206,314
(53,882)
Total assets less current liabilities
627,485
467,646
Creditors: amounts falling due after more than one year
(154,115)
(303,410)
Provisions for liabilities
Deferred tax
(92,000)
(87,000)
Called up share capital
104
104
Profit and loss account
381,266
77,132
Shareholders' funds
381,370
77,236
For the year ending 30 June 2023 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 November 2023 and were signed on its behalf by
Mr G Ayles
Director
Company Registration No. 09103204
Bespoke Handling Limited
Notes to the Accounts
for the year ended 30 June 2023
Bespoke Handling Limited is a private company, limited by shares, registered in England and Wales, registration number 09103204. The registered office is Starvemouse Farm, Parish Lane, Crawley, RH10 5NY.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% straight line
Plant & machinery
25% straight line
Motor vehicles
20% straight line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Bespoke Handling Limited
Notes to the Accounts
for the year ended 30 June 2023
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2022
27,447
94,631
806,699
928,777
Additions
-
1,900
20,000
21,900
Disposals
-
-
(19,500)
(19,500)
At 30 June 2023
27,447
96,531
807,199
931,177
At 1 July 2022
10,697
72,701
323,851
407,249
Charge for the year
2,745
13,539
101,423
117,707
On disposals
-
-
(14,950)
(14,950)
At 30 June 2023
13,442
86,240
410,324
510,006
At 30 June 2023
14,005
10,291
396,875
421,171
At 30 June 2022
16,750
21,930
482,848
521,528
Carrying values included above held under finance leases and hire purchase contracts:
£
£
- Plant & machinery
906
11,610
- Motor vehicles
331,730
437,226
Bespoke Handling Limited
Notes to the Accounts
for the year ended 30 June 2023
Amounts falling due within one year
Trade debtors
875,590
786,449
Accrued income and prepayments
141,836
189,718
Other debtors
83,914
213,053
Amounts due after more than one year
33,797
193,010
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
268,921
163,016
Obligations under finance leases and hire purchase contracts
101,095
129,675
Trade creditors
307,646
792,700
Taxes and social security
248,944
72,388
Other creditors
426
49,694
Loans from directors
25,827
-
8
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
58,282
157,577
Bank borrowings are secured by fixed and floating charges over the undertaking of the company.
Allotted, called up and fully paid:
52 Ordinary A shares of £1 each
52
52
52 Ordinary B shares of £1 each
52
52
Bespoke Handling Limited
Notes to the Accounts
for the year ended 30 June 2023
10
Operating lease commitments
2023
2022
At 30 June 2023 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
229,184
238,128
Later than one year and not later than five years
404,150
637,059
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan Account
38,107
64,436
128,000
(25,457)
Loan Account
61,975
65,655
128,000
(370)
100,082
130,091
256,000
(25,827)
12
Transactions with related parties
During the year dividends of £256,000 (2022: £182,000) were paid to the director/shareholders.
13
Post balance sheet events
On 6 October 2023, the Company's Issued Ordinary £1 B shares were converted to Ordinary £1 A shares.
14
Average number of employees
During the year the average number of employees was 10 (2022: 7).
