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REGISTERED NUMBER: 09065410 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Bespoke Financial Group Limited

Bespoke Financial Group Limited (Registered number: 09065410)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bespoke Financial Group Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: L M Flanagan
D R Roulston





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





REGISTERED NUMBER: 09065410 (England and Wales)





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

Bespoke Financial Group Limited (Registered number: 09065410)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 726,000 2,000
Tangible assets 5 27,150 29,308
753,150 31,308

CURRENT ASSETS
Debtors 6 628,522 426,426
Cash at bank and in hand 266,061 541,079
894,583 967,505
CREDITORS
Amounts falling due within one year 7 567,831 279,863
NET CURRENT ASSETS 326,752 687,642
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,079,902

718,950

CREDITORS
Amounts falling due after more than one
year

8

(636,495

)

(284,386

)

PROVISIONS FOR LIABILITIES 9 (5,159 ) (5,569 )
NET ASSETS 438,248 428,995

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 438,148 428,895
438,248 428,995

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Group Limited (Registered number: 09065410)

Balance Sheet - continued
31 March 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


Bespoke Financial Group Limited (Registered number: 09065410)

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

1. STATUTORY INFORMATION

Bespoke Financial Group 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 2014, is being amortised evenly over its estimated useful life of ten years.

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 - 15% 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.

Bespoke Financial Group Limited (Registered number: 09065410)

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

2. ACCOUNTING POLICIES - continued

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.

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 13 (2022 - 10 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022 10,000
Additions 725,000
At 31 March 2023 735,000
AMORTISATION
At 1 April 2022 8,000
Charge for year 1,000
At 31 March 2023 9,000
NET BOOK VALUE
At 31 March 2023 726,000
At 31 March 2022 2,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 38,029
Additions 2,526
At 31 March 2023 40,555
DEPRECIATION
At 1 April 2022 8,721
Charge for year 4,684
At 31 March 2023 13,405
NET BOOK VALUE
At 31 March 2023 27,150
At 31 March 2022 29,308

Bespoke Financial Group Limited (Registered number: 09065410)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 33,949 20,606
Other debtors 594,573 405,820
628,522 426,426

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 235,654 20,648
Trade creditors 287,207 209,654
Taxation and social security 38,582 43,561
Other creditors 6,388 6,000
567,831 279,863

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Bank loans 636,495 284,386

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 6,434 17,034

9. PROVISIONS FOR LIABILITIES
31.3.23 31.3.22
£    £   
Deferred tax 5,159 5,569

Deferred
tax
£   
Balance at 1 April 2022 5,569
Timing differences (410 )
Balance at 31 March 2023 5,159

10. RELATED PARTY DISCLOSURES

As at the 31st March 2023 the company owed its directors £388 (2022: Nil)

Lee Flanagan is also a director of Bespoke Financial Health Limited and 112 Properties Limited.

As at the 31st March 2023 Bespoke Financial Group Limited is owed £8,464 from Bespoke Financial Health Limited and £586,109 from 112 Properties Limited.

Darren Roulston is also a director of LMR Financial Limited and LMR Property Services Limited. As at the 31st March 2023 there is no monies owed.

Bespoke Financial Group Limited (Registered number: 09065410)

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

11. ULTIMATE CONTROLLING PARTY

The controlling party is L M Flanagan.