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Registered Number: 13612192


 

 

 

BONO56 LIMITED


Abridged Accounts
 


Period of accounts

Start date: 01 September 2022

End date: 31 August 2023
Report to the directors on the preparation of the unaudited statutory accounts of BONO56 LIMITED for the year ended 31 August 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of BONO56 LIMITED for the year ended 31 August 2023 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given to us.

As a practising member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://www.ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations.

This report is made solely to the Board of Directors of BONO56 LIMITED, as a body, in accordance with the terms of our engagement letter dated 20 October 2023 . Our work has been undertaken solely to prepare for your approval the accounts of BONO56 LIMITED and state those matters that we have agreed to state to the Board of Directors of BONO56 LIMITED, as a body, in this report.To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than BONO56 LIMITED and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that BONO56 LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of BONO56 LIMITED.You consider that BONO56 LIMITED is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit of the accounts of BONO56 LIMITED. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements 31 August 2023.



....................................................
AVELLION LIMITED
Vita Living North
FLAT 918 ,Symphony Park
MANCHESTER
M1 7GE
20 October 2023
1
 
 
Notes
 
2023
£
  2022
£
Current assets      
Stocks 4,750    2,000 
Debtors   4,391 
Cash at bank and in hand 2,879    448 
7,629    6,839 
Creditors: amount falling due within one year (3,875)   (4,408)
Net current assets 3,754    2,431 
 
Total assets less current liabilities 3,754    2,431 
Creditors: amount falling due after more than one year (3,142)   (2,316)
Net assets 612    115 
 

Capital and reserves
     
Share premium account 1    1 
Profit and loss account 611    114 
Shareholder's funds 612    115 
 


For the year ended 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These financial statements 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 Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the director on 20 October 2023 and were signed by:


-------------------------------
Kenan AKKURT
Director
2
General Information
BONO56 LIMITED is a private company, limited by shares, registered in , registration number 13612192, registration address 204 WESTGATE ROAD, NEWCASTLE UPON TYNE UNITED KINGDOM, NE4 6AN.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – 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.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2.

Average number of employees

Average number of employees during the year was 2 (2022 : 1).
3