Company Registration No. 1693685 (England and Wales)
Bon Marche Centre Limited
Unaudited accounts
for the year ended 31 March 2018
Bon Marche Centre Limited
Unaudited accounts
Contents
Bon Marche Centre Limited
Company Information
for the year ended 31 March 2018
Directors
John Higgins
Marie Higgins
Valerie Ghent
Keith Higgins
Ian Higgins
Nigel Ghent
Company Number
1693685 (England and Wales)
Registered Office
241-251 Ferndale Road
London
SW9 8BJ
Bon Marche Centre Limited
Statement of financial position
as at 31 March 2018
Tangible assets
1,929,416
1,983,735
Cash at bank and in hand
1,040,989
557,145
Creditors: amounts falling due within one year
(1,557,318)
(1,152,098)
Net current liabilities
(128,196)
(146,266)
Total assets less current liabilities
1,801,220
1,837,469
Creditors: amounts falling due after more than one year
(286,062)
(327,471)
Net assets
1,515,158
1,509,998
Called up share capital
5,961,484
5,961,484
Profit and loss account
(4,446,326)
(4,451,486)
Shareholders' funds
1,515,158
1,509,998
For the year ending 31 March 2018 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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.
Approved by the Board on 28 November 2018.
John Higgins
Director
Company Registration No. 1693685
Bon Marche Centre Limited
Notes to the Accounts
for the year ended 31 March 2018
Bon Marche Centre Limited is a private company, limited by shares, registered in England and Wales, registration number 1693685. The registered office is 241-251 Ferndale Road, London, SW9 8BJ.
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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.
These financial statements for the year ended 31 March 2018 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2016.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
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:
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Tangible fixed assets
Total
At 31 March 2018
7,029,983
Charge for the year
96,111
At 31 March 2018
5,100,567
At 31 March 2018
1,929,416
At 31 March 2017
1,983,735
Bon Marche Centre Limited
Notes to the Accounts
for the year ended 31 March 2018
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Operating lease commitments
2018
2017
At 31 March 2018 the company has commitments under non-cancellable operating leases as follows:
Operating leases expiring:
Throughout the year, the company has been controlled by its parent company, Lipton Retail Consultancy Company Ltd, 241-251 Ferndale Road, London SW9 8BJ
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Average number of employees
During the year the average number of employees was 8 (2017: 8).
