Ian Bull Limited - Period Ending 2023-03-31

Ian Bull Limited - Period Ending 2023-03-31


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Registration number: 04523096

Ian Bull Limited

Annual Report and Unaudited Micro Entity Financial Statements

for the Year Ended 31 March 2023

 

Ian Bull Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

2

 

Ian Bull Limited

Company Information

Directors

Mr I P Bull

Mrs S. J. Bull

Registered office

1st Floor Unit E2
Fareham Heights
Fareham
Hants
PO16 8XT

Accountants

Palmer, Riley & Co.
Chartered Accountants
1st Floor, Unit E2
Fareham Heights
Standard Way
Fareham
Hampshire
PO16 8XT

 

Ian Bull Limited

(Registration number: 04523096)
Balance Sheet as at 31 March 2023

2023
£

2022
£

Fixed assets

26,721

7,484

Current assets

33,989

39,538

Creditors: Amounts falling due within one year

(21,965)

(29,832)

Net current assets

12,024

9,706

Total assets less current liabilities

38,745

17,190

Creditors: Amounts falling due after more than one year

(36,523)

(15,773)

Accruals and deferred income

(2,112)

(1,302)

 

110

115

Capital and reserves

110

115

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
1st Floor Unit E2
Fareham Heights
Fareham
Hants
PO16 8XT

These financial statements were authorised for issue by the Board on 18 December 2023.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

 

Ian Bull Limited

(Registration number: 04523096)
Balance Sheet as at 31 March 2023

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).

3

Related party transactions

Transactions with directors

2023

At 1 April 2022
£

Advances to director
£

Repayments by director
£

At 31 March 2023
£

Mr I P Bull

Loan repayable on demand (Interest 2.5% pa)

26,942

33,653

(41,193)

19,402

         
       

 

2022

At 1 April 2021
£

Advances to director
£

Repayments by director
£

At 31 March 2022
£

Mr I P Bull

Loan repayable on demand (Interest 2.5% pa)

44,530

33,759

(51,347)

26,942

         
       

 

For the financial year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 18 December 2023 and signed on its behalf by:
 

.........................................
Mr I P Bull
Director