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REGISTERED NUMBER: 05127857 (England and Wales)















W B Bucks & Beds Limited

Unaudited Financial Statements for the Year Ended 31 July 2023






W B Bucks & Beds Limited (Registered number: 05127857)






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




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3 to 4

Notes to the Financial Statements 5 to 6


W B Bucks & Beds Limited

Company Information
for the Year Ended 31 July 2023







DIRECTORS: T Brewis
M Brewis





SECRETARY: M Brewis





REGISTERED OFFICE: Chandos House
School Lane
Buckingham
Buckinghamshire
MK18 1HD





REGISTERED NUMBER: 05127857 (England and Wales)





ACCOUNTANTS: Tearle & Carver Limited
Chandos House
School Lane
Buckingham
Buckinghamshire
MK18 1HD

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
W B Bucks & Beds 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 Balance Sheet. 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 W B Bucks & Beds Limited for the year ended 31 July 2023 which comprise the Income Statement, Balance Sheet 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 W B Bucks & Beds Limited, as a body, in accordance with the terms of our engagement letter dated 19 February 2021. Our work has been undertaken solely to prepare for your approval the financial statements of W B Bucks & Beds Limited and state those matters that we have agreed to state to the Board of Directors of W B Bucks & Beds 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 W B Bucks & Beds Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that W B Bucks & Beds 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 W B Bucks & Beds Limited. You consider that W B Bucks & Beds 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 W B Bucks & Beds 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.






Tearle & Carver Limited
Chandos House
School Lane
Buckingham
Buckinghamshire
MK18 1HD


Date: .............................................

W B Bucks & Beds Limited (Registered number: 05127857)

Balance Sheet
31 July 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 10,143 12,276
10,143 12,276

CURRENT ASSETS
Stocks 4,557 4,557
Debtors 6 27,614 3,864
Cash at bank and in hand 62,523 123,665
94,694 132,086
CREDITORS
Amounts falling due within one year 7 100,944 139,199
NET CURRENT LIABILITIES (6,250 ) (7,113 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,893

5,163

PROVISIONS FOR LIABILITIES 994 1,258
NET ASSETS 2,899 3,905

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 2,898 3,904
SHAREHOLDERS' FUNDS 2,899 3,905

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

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

W B Bucks & Beds Limited (Registered number: 05127857)

Balance Sheet - continued
31 July 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 7 November 2023 and were signed on its behalf by:





T Brewis - Director


W B Bucks & Beds Limited (Registered number: 05127857)

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

1. STATUTORY INFORMATION

W B Bucks & Beds 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 5% on cost
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 18 (2022 - 18 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 August 2022
and 31 July 2023 10,000
AMORTISATION
At 1 August 2022
and 31 July 2023 10,000
NET BOOK VALUE
At 31 July 2023 -
At 31 July 2022 -

W B Bucks & Beds Limited (Registered number: 05127857)

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

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Computer
property fittings equipment Totals
£    £    £    £   
COST
At 1 August 2022 14,883 4,564 48,265 67,712
Additions - - 266 266
At 31 July 2023 14,883 4,564 48,531 67,978
DEPRECIATION
At 1 August 2022 9,229 3,401 42,806 55,436
Charge for year 744 291 1,364 2,399
At 31 July 2023 9,973 3,692 44,170 57,835
NET BOOK VALUE
At 31 July 2023 4,910 872 4,361 10,143
At 31 July 2022 5,654 1,163 5,459 12,276

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 7,313 3,156
Other debtors 18,301 -
Prepayments and accrued income 2,000 708
27,614 3,864

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other loans - 34,500
Trade creditors 12,614 31,102
Corporation tax 20,584 36,058
Social security and other taxes 3,468 3,022
VAT 21,257 20,884
Other creditors - 1,699
Directors' current accounts 9,521 8,434
Accruals and deferred income 33,500 3,500
100,944 139,199

8. ULTIMATE CONTROLLING PARTY

The controlling party is T Brewis.