IRIS Accounts Production v23.3.0.418 11770304 Board of Directors Board of Directors 1.2.22 31.1.23 31.1.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure117703042022-01-31117703042023-01-31117703042022-02-012023-01-31117703042021-01-31117703042021-02-012022-01-31117703042022-01-3111770304ns16:EnglandWales2022-02-012023-01-3111770304ns15:PoundSterling2022-02-012023-01-3111770304ns11:Director12022-02-012023-01-3111770304ns11:Director22022-02-012023-01-3111770304ns11:PrivateLimitedCompanyLtd2022-02-012023-01-3111770304ns11:SmallEntities2022-02-012023-01-3111770304ns11:AuditExempt-NoAccountantsReport2022-02-012023-01-3111770304ns11:SmallCompaniesRegimeForDirectorsReport2022-02-012023-01-3111770304ns11:SmallCompaniesRegimeForAccounts2022-02-012023-01-3111770304ns11:FullAccounts2022-02-012023-01-3111770304ns11:RegisteredOffice2022-02-012023-01-3111770304ns6:CurrentFinancialInstruments2023-01-3111770304ns6:CurrentFinancialInstruments2022-01-3111770304ns6:Non-currentFinancialInstruments2023-01-3111770304ns6:Non-currentFinancialInstruments2022-01-3111770304ns6:ShareCapital2023-01-3111770304ns6:ShareCapital2022-01-3111770304ns6:RetainedEarningsAccumulatedLosses2023-01-3111770304ns6:RetainedEarningsAccumulatedLosses2022-01-3111770304ns6:PlantMachinery2022-02-012023-01-3111770304ns6:PlantMachinery2022-01-3111770304ns6:PlantMachinery2023-01-3111770304ns6:PlantMachinery2022-01-3111770304ns6:WithinOneYearns6:CurrentFinancialInstruments2023-01-3111770304ns6:WithinOneYearns6:CurrentFinancialInstruments2022-01-3111770304ns6:DeferredTaxation2022-01-3111770304ns6:DeferredTaxation2023-01-31
REGISTERED NUMBER: 11770304 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2023

for

Bespoke Financial Health Limited

Bespoke Financial Health Limited (Registered number: 11770304)






Contents of the Financial Statements
for the Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bespoke Financial Health Limited

Company Information
for the Year Ended 31 January 2023







DIRECTORS: L M Flanagan
N K Steel





REGISTERED OFFICE: Queens Court Business Centre
Newport Road
Middlesbrough
United Kingdom
TS1 5EH





REGISTERED NUMBER: 11770304 (England and Wales)





ACCOUNTANTS: APC Accountancy
Chartered Accountants
Queens Court Business Centre
Newport Road
Middlesbrough
TS1 5EH

Bespoke Financial Health Limited (Registered number: 11770304)

Balance Sheet
31 January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 735 1,002

CURRENT ASSETS
Debtors 5 279,000 183,336
Cash at bank 452,676 411,799
731,676 595,135
CREDITORS
Amounts falling due within one year 6 265,146 170,852
NET CURRENT ASSETS 466,530 424,283
TOTAL ASSETS LESS CURRENT
LIABILITIES

467,265

425,285

CREDITORS
Amounts falling due after more than one
year

7

(35,050

)

(40,712

)

PROVISIONS FOR LIABILITIES 8 (140 ) (190 )
NET ASSETS 432,075 384,383

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 431,975 384,283
432,075 384,383

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 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.

Bespoke Financial Health Limited (Registered number: 11770304)

Balance Sheet - continued
31 January 2023


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

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 and authorised for issue on 1 August 2023 and were signed on its behalf by:




L M Flanagan - Director



N K Steel - Director


Bespoke Financial Health Limited (Registered number: 11770304)

Notes to the Financial Statements
for the Year Ended 31 January 2023

1. STATUTORY INFORMATION

Bespoke Financial Health 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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 etc - 25% on cost

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment loss.

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual
provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Bespoke Financial Health Limited (Registered number: 11770304)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

2. ACCOUNTING POLICIES - continued

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 3 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2022
and 31 January 2023 1,069
DEPRECIATION
At 1 February 2022 67
Charge for year 267
At 31 January 2023 334
NET BOOK VALUE
At 31 January 2023 735
At 31 January 2022 1,002

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade debtors 3,388 13,888
Other debtors 275,612 169,448
279,000 183,336

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Bank loans and overdrafts 5,607 5,552
Trade creditors 91,200 19,605
Taxation and social security 57,475 44,495
Other creditors 110,864 101,200
265,146 170,852

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.23 31.1.22
£    £   
Bank loans 35,050 40,712

Bespoke Financial Health Limited (Registered number: 11770304)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.1.23 31.1.22
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 7,292 12,954

8. PROVISIONS FOR LIABILITIES
31.1.23 31.1.22
£    £   
Deferred tax 140 190

Deferred
tax
£   
Balance at 1 February 2022 190
Timing differences (50 )
Balance at 31 January 2023 140

9. RELATED PARTY DISCLOSURES

As at the 31st January 2023 the directors owed the company £37,607 (2022: £Nil.)

Lee Flannagan is also a director of Bespoke Financial Group Limited and 112 Properties Limited.

Nathan Steel is also a director of NS Financial (Teesside) Limited and NS (NE) Properties Ltd.

As at 31st January 2023, Bespoke Financial Health Limited owed Bespoke Financial Group Ltd £108,464.

As at 31st January 2023, Bespoke Financial Health Limited was owed £98,867 from NS Financial (Teesside) Limited and £139,138 from NS (NE) Properties Ltd.

10. ULTIMATE CONTROLLING PARTY

The controlling party is L M Flanagan.