Caseware UK (AP4) 2021.0.152 2021.0.152 2021-11-302021-11-30falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2021-04-01false2Property investment3 01813250 2021-04-01 2021-11-30 01813250 2020-04-01 2021-03-31 01813250 2021-11-30 01813250 2021-03-31 01813250 c:Director1 2021-04-01 2021-11-30 01813250 d:CurrentFinancialInstruments 2021-11-30 01813250 d:CurrentFinancialInstruments 2021-03-31 01813250 d:CurrentFinancialInstruments d:WithinOneYear 2021-11-30 01813250 d:CurrentFinancialInstruments d:WithinOneYear 2021-03-31 01813250 d:ShareCapital 2021-11-30 01813250 d:ShareCapital 2021-03-31 01813250 d:RetainedEarningsAccumulatedLosses 2021-11-30 01813250 d:RetainedEarningsAccumulatedLosses 2021-03-31 01813250 c:FRS102 2021-04-01 2021-11-30 01813250 c:AuditExempt-NoAccountantsReport 2021-04-01 2021-11-30 01813250 c:FullAccounts 2021-04-01 2021-11-30 01813250 c:PrivateLimitedCompanyLtd 2021-04-01 2021-11-30 01813250 2 2021-04-01 2021-11-30 iso4217:GBP xbrli:pure

Registered number: 01813250









BANANABLISS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 NOVEMBER 2021

 
BANANABLISS LIMITED
REGISTERED NUMBER: 01813250

BALANCE SHEET
AS AT 30 NOVEMBER 2021

30 November
30 November
31 March
31 March
2021
2021
2021
2021
Note
£
£
£
£

  

Current assets
  

Stocks
  
9,100
9,100

Debtors: amounts falling due within one year
 4 
75
-

Cash at bank and in hand
 5 
3,349
269,563

  
12,524
278,663

Creditors: amounts falling due within one year
 6 
(3,174)
(50,536)

Net current assets
  
 
 
9,350
 
 
228,127

Total assets less current liabilities
  
9,350
228,127

  

Net assets
  
9,350
228,127


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
9,250
228,027

  
9,350
228,127


Page 1

 
BANANABLISS LIMITED
REGISTERED NUMBER: 01813250
    
BALANCE SHEET (CONTINUED)
AS AT 30 NOVEMBER 2021

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 30 June 2022.




D G Mattey
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
BANANABLISS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2021

1.


General information

Bananabliss Limited is a private company, limited by shares and incorporated in England and Wales, United Kingdom, with a registration number 01813250. The address of the registered office is Lawrence House, Goodwyn Avenue, Mill Hill, London, NW7 3RH. The principal activity of the company is that of property trading.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the Company's accounting policies.

The financial statements are presented in pound sterling which is the functional currency of the company and rounded to the nearest £.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue represents rental and ancillary income from properties for the period.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.5

Stocks

Unsold properties held for resale are stated at the lower of cost and net realisable value. Cost includes all ancillary expenses of purchases. Sums received for lease period extensions are deducted from the original costs where the company owns the relevant freehold reversions until the value of the freehold properties carried forward is £nil, after which the sum received from lease extensions and freehold sales are credited directly to the profit and loss account.

Page 3

 
BANANABLISS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2021

2.Accounting policies (continued)

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.7

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the period was 3 (2021 - 2).


4.


Debtors

30 November
31 March
2021
2021
£
£


Other debtors
75
-

75
-



5.


Cash and cash equivalents

30 November
31 March
2021
2021
£
£

Cash at bank and in hand
3,349
269,563

3,349
269,563


Page 4

 
BANANABLISS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 NOVEMBER 2021

6.


Creditors: Amounts falling due within one year

30 November
31 March
2021
2021
£
£

Corporation tax
-
50,536

Accruals and deferred income
3,174
-

3,174
50,536



7.


Controlling party

The company's ultimate parent company is Marshlease Limited, a company incorporated in England and Wales.

 
Page 5