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REGISTERED NUMBER: 10133952 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023

FOR

BESPOKE MONTPELLIER INVESTMENTS LIMITED

BESPOKE MONTPELLIER INVESTMENTS LIMITED (REGISTERED NUMBER: 10133952)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

BESPOKE MONTPELLIER INVESTMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2023







DIRECTORS: O J Bishop
S J Bishop





REGISTERED OFFICE: 6 Manor Park Business Centre
Mackenzie Way
Cheltenham
Gloucestershire
GL51 9TX





REGISTERED NUMBER: 10133952 (England and Wales)





ACCOUNTANTS: Andorran Limited
6 Manor Park Business Centre
Mackenzie Way
Cheltenham
Gloucestershire
GL51 9TX

BESPOKE MONTPELLIER INVESTMENTS LIMITED (REGISTERED NUMBER: 10133952)

STATEMENT OF FINANCIAL POSITION
30 APRIL 2023

30.4.23 30.4.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 9,229 14,416
Investment property 5 1,700,000 1,725,000
1,709,229 1,739,416

CURRENT ASSETS
Stocks 70,000 70,000
Cash at bank 25,507 12,508
95,507 82,508
CREDITORS
Amounts falling due within one year 6 (496,061 ) (512,953 )
NET CURRENT LIABILITIES (400,554 ) (430,445 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,308,675

1,308,971

CREDITORS
Amounts falling due after more than one
year

7

(1,121,078

)

(1,121,078

)

PROVISIONS FOR LIABILITIES (29,985 ) (35,720 )
NET ASSETS 157,612 152,173

CAPITAL AND RESERVES
Called up share capital 10 1 1
Revaluation reserve 11 120,351 140,601
Retained earnings 37,260 11,571
SHAREHOLDERS' FUNDS 157,612 152,173

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 MONTPELLIER INVESTMENTS LIMITED (REGISTERED NUMBER: 10133952)

STATEMENT OF FINANCIAL POSITION - continued
30 APRIL 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 November 2023 and were signed on its behalf by:





O J Bishop - Director


BESPOKE MONTPELLIER INVESTMENTS LIMITED (REGISTERED NUMBER: 10133952)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1. STATUTORY INFORMATION

Bespoke Montpellier Investments 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Going concern
The directors have considered the working capital needs of the company for a period of twelve months from the date of approval of these financial statements.These financial statements have been prepared on the going concern basis, on the understanding that the directors and shareholders will continue to financially support the company by not withdrawing their funding to the detriment of other unsecured creditors and by providing further working capital as required.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Rental income is recognised as turnover in the period to which it relates.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in revaluation reserve.

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.


BESPOKE MONTPELLIER INVESTMENTS LIMITED (REGISTERED NUMBER: 10133952)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 May 2022
and 30 April 2023 20,747
DEPRECIATION
At 1 May 2022 6,331
Charge for year 5,187
At 30 April 2023 11,518
NET BOOK VALUE
At 30 April 2023 9,229
At 30 April 2022 14,416

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2022 1,725,000
Revaluations (25,000 )
At 30 April 2023 1,700,000
NET BOOK VALUE
At 30 April 2023 1,700,000
At 30 April 2022 1,725,000

BESPOKE MONTPELLIER INVESTMENTS LIMITED (REGISTERED NUMBER: 10133952)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023

5. INVESTMENT PROPERTY - continued

Fair value at 30 April 2023 is represented by:
£   
Valuation in 2022 173,582
Valuation in 2023 (25,000 )
Cost 1,551,418
1,700,000

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Tax 6,747 -
Directors' current accounts 488,262 512,262
Accruals and deferred income 1,052 691
496,061 512,953

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.23 30.4.22
£    £   
Bank loans (see note 8) 1,121,078 1,121,078

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans 1,121,078 1,121,078

8. LOANS

An analysis of the maturity of loans is given below:

30.4.23 30.4.22
£    £   
Amounts falling due in more than five years:
Repayable otherwise than by instalments
Bank loans 1,121,078 1,121,078

9. SECURED DEBTS

The following secured debts are included within creditors:

30.4.23 30.4.22
£    £   
Bank loans 1,121,078 1,121,078

The bank borrowings are secured by a fixed and floating charge over the freehold property together with all buildings and fixtures thereon.

BESPOKE MONTPELLIER INVESTMENTS LIMITED (REGISTERED NUMBER: 10133952)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.23 30.4.22
value: £    £   
2 Ordinary £0.50 1 1

11. RESERVES
Revaluation
reserve
£   
At 1 May 2022 140,601
Revaluation of property (20,250 )

At 30 April 2023 120,351

12. RELATED PARTY DISCLOSURES

O J Bishop
Director and shareholder


In a previous period Mr Bishop loaned the company £261,578 as working capital. During the year the company repaid Mr Bishop £12,000. The advance is interest-free, unsecured and repayable on demand.

30.4.23 30.4.22
£    £   
Amount due to related party at the balance sheet date 249,578 261,578

S J Bishop
Director and shareholder


In a previous period Mr Bishop loaned the company £250,684 as working capital. During the year the company repaid Mr Bishop £12,000. The advance is interest-free, unsecured and repayable on demand.

30.4.23 30.4.22
£    £   
Amount due to related party at the balance sheet date 238,684 250,684

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
BESPOKE MONTPELLIER INVESTMENTS LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Bespoke Montpellier Investments Limited for the year ended 30 April 2023 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Bespoke Montpellier Investments Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Bespoke Montpellier Investments Limited and state those matters that we have agreed to state to the Board of Directors of Bespoke Montpellier Investments Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bespoke Montpellier Investments Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Bespoke Montpellier Investments Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Bespoke Montpellier Investments Limited. You consider that Bespoke Montpellier Investments Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Bespoke Montpellier Investments 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 statutory financial statements.






Andorran Limited
6 Manor Park Business Centre
Mackenzie Way
Cheltenham
Gloucestershire
GL51 9TX


6 November 2023