Bespoke Training & Development Limited - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 04310650 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2017

for

Bespoke Training & Development Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr G N Davies

Mr S M King

SECRETARY:

Mr G N Davies

REGISTERED OFFICE:

Blissford Lodge

Blissford Hill

Frogham

Fordingbridge

Hampshire

SP6 2HU

REGISTERED NUMBER:

04310650 (England and Wales)

ACCOUNTANTS:

Thomas Croft Limited

Accountants And Taxation Consultants

Solent House

107a Alma Road

Portswood

Southampton

Hampshire

SO14 6UY

FIXED ASSETS

Tangible assets

4

17,192

13,972

CURRENT ASSETS

Debtors

5

129,337

206,003

Cash at bank

247,449

276,814

376,786

482,817

CREDITORS

Amounts falling due within one year

6

225,398

333,164

NET CURRENT ASSETS

151,388

149,653

TOTAL ASSETS LESS CURRENT LIABILITIES

168,580

163,625

PROVISIONS FOR LIABILITIES

3,114

2,399

NET ASSETS

165,466

161,226

CAPITAL AND RESERVES

Called up share capital

7

300

300

Retained earnings

8

165,166

160,926

SHAREHOLDERS' FUNDS

165,466

161,226

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2017 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 6 June 2018 and were signed on its behalf by:

Mr G N Davies - Director

Mr S M King - Director

1.	STATUTORY INFORMATION

Bespoke Training & Development 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period

of the lease.

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 5 (2016 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 1 January 2017

20,724

1,115

57,223

79,062

Additions

-

229

8,778

9,007

At 31 December 2017

20,724

1,344

66,001

88,069

DEPRECIATION

At 1 January 2017

19,994

339

44,757

65,090

Charge for year

183

246

5,358

5,787

At 31 December 2017

20,177

585

50,115

70,877

NET BOOK VALUE

At 31 December 2017

547

759

15,886

17,192

At 31 December 2016

730

776

12,466

13,972

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

£

Trade debtors

127,206

201,872

Other debtors

2,062

1,240

Directors' current accounts

-

2,822

Prepayments

69

69

129,337

206,003

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.17

31.12.16

£

£

Trade creditors

14,404

62,405

Corporation tax

60,793

82,773

VAT

77,060

62,459

Directors' current accounts

751

48

Accruals and deferred income

67,695

120,784

Accrued expenses

4,695

4,695

225,398

333,164

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.17

31.12.16

value:

£

£

1,000

Ordinary

£1

300

300

8.

RESERVES

Retained

earnings

£

At 1 January 2017

160,926

Profit for the year

257,740

Dividends

(253,500

)

At 31 December 2017

165,166

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2017

and 31 December 2016:

31.12.17

31.12.16

£

£

Mr G N Davies

Balance outstanding at start of year

2,822

(57

)

Amounts advanced

99

2,879

Amounts repaid

(2,973

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(52

)

2,822

Mr S M King

Balance outstanding at start of year

(47

)

(47

)

Amounts advanced

99

-

Amounts repaid

(750

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(698

)

(47

)

10.	RELATED PARTY DISCLOSURES

The company was under the control of Mr G N Davies and Mr S M King throughout the current and

previous period. Mr G N Davies and Mr S M King are the managing directors and majority

shareholders.

Mr G N Davies is a director of The Bespoke Organisation Limited and Bespoke Training Limited.

Both these companies are dormant and no trading activities took place throughout the financial year.