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Logo On Report
Registered Number: 04745728
England and Wales

 

 

 


Unaudited Financial Statements

for the year ended 30 April 2023

for

V J BUCKMAN LTD

Directors Vince Buckman
Linda Buckman
Registered Number 04745728
Registered Office 21 The Vision Centre
5 Eastern Way
Bury St Edmunds
IP32 7AB
Accountants Quove Accounting Ltd
The Vision Centre
5 Eastern Way
Bury St Edmunds
IP32 7AB
1
  2023   2022
    £ £   £ £
Fixed assets   153,106      154,375 
Current assets 70,291      67,527   
Creditors: amount falling due within one year (3,585)     (3,291)  
Net current assets   66,706      64,236 
Total assets less current liabilities   219,812      218,611 
Creditors: amount falling due after more than one year   (25,132)     (26,737)
Net assets   194,680      191,874 
 

         
Capital and reserves   194,680      191,874 
 
NOTES TO THE ACCOUNTS

General Information
V J Buckman Ltd is a private company, limited by shares, registered in England and Wales, registration number 04745728, registration address 21 The Vision Centre, 5 Eastern Way, Bury St Edmunds, IP32 7AB.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Investment properties
Investment properties are included in the statement of financial position at their open market value at the statement of financial position date. The resulting aggregate surplus or deficit is transferred to a revaluation reserve. Depreciation is provided only on those investment properties which are leasehold and where the unexpired lease term is less than 20 years.
Although this accounting policy is in accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015), it is a departure from the general requirement of the Companies Act 2006 for all tangible assets to be depreciated. In the opinion of the directors compliance with the standard is necessary for the statement of financial position to give a true and fair view. Depreciation or amortisation is only one of many factors reflected in the annual valuation and the amount of this which might otherwise have been charged cannot be separately identified or quantified.
2.

Average number of employees

Average number of employees during the year was 2 (2022 : 2).


For the year ended 30 April 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.

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

These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the board of directors on 17 October 2023 and were signed on its behalf by:


--------------------------------
Vince Buckman
Director
2