Bulk Milk Distribution Ltd 09867437 false 2020-12-01 2021-11-30 2021-11-30 The principal activity of the company is the distribution of liquid milk, butter, cream and cheese products. Digita Accounts Production Advanced 6.30.9574.0 true true 09867437 2020-12-01 2021-11-30 09867437 2021-11-30 09867437 core:CurrentFinancialInstruments 2021-11-30 09867437 core:CurrentFinancialInstruments core:WithinOneYear 2021-11-30 09867437 bus:SmallEntities 2020-12-01 2021-11-30 09867437 bus:AuditExemptWithAccountantsReport 2020-12-01 2021-11-30 09867437 bus:FullAccounts 2020-12-01 2021-11-30 09867437 bus:SmallCompaniesRegimeForAccounts 2020-12-01 2021-11-30 09867437 bus:RegisteredOffice 2020-12-01 2021-11-30 09867437 bus:Director1 2020-12-01 2021-11-30 09867437 bus:PrivateLimitedCompanyLtd 2020-12-01 2021-11-30 09867437 countries:EnglandWales 2020-12-01 2021-11-30 09867437 2019-12-01 2020-11-30 09867437 2020-11-30 09867437 core:CurrentFinancialInstruments 2020-11-30 09867437 core:CurrentFinancialInstruments core:WithinOneYear 2020-11-30 iso4217:GBP xbrli:pure

Registration number: 09867437

Bulk Milk Distribution Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 30 November 2021

 

Bulk Milk Distribution Ltd

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 3

 

Bulk Milk Distribution Ltd

(Registration number: 09867437)
Balance Sheet as at 30 November 2021

Note

2021
£

2020
£

Current assets

 

Debtors

4

1,237

3,054

Cash at bank and in hand

 

101,127

33

 

102,364

3,087

Creditors: Amounts falling due within one year

5

(104,108)

(4,724)

Net liabilities

 

(1,744)

(1,637)

Capital and reserves

 

Called up share capital

1

1

Profit and loss account

(1,745)

(1,638)

Shareholders' deficit

 

(1,744)

(1,637)

For the financial year ending 30 November 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his 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 special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 24 August 2022
 

.........................................
C R John
Director

 

Bulk Milk Distribution Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2021

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:
Academy House
11 Dunraven Place
Bridgend
CF31 1JF

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The director acknowledges the potential impact of the global coronavirus pandemic and believes that the company is well placed to manage its business risks successfully despite the current uncertain economic outlook created by the pandemic. The director believe the company has adequate resources to continue in operational existence such that they believe the continued use of the going concern basis to be appropriate.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of liquid milk, butter, cream and cheese in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2020 - 1).

 

Bulk Milk Distribution Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2021

4

Debtors

2021
£

2020
£

Other debtors

1,237

3,054

1,237

3,054

5

Creditors

Creditors: amounts falling due within one year

2021
£

2020
£

Due within one year

Trade creditors

100,981

2,181

Taxation and social security

94

293

Other creditors

3,033

2,250

104,108

4,724