Company Registration No. 11676130 (England and Wales)
Bainvest, Consulting, Trading And Investments Ltd
Unaudited accounts
for the year ended 30 November 2022
Bainvest, Consulting, Trading And Investments Ltd
Unaudited accounts
Contents
Bainvest, Consulting, Trading And Investments Ltd
Company Information
for the year ended 30 November 2022
Director
M.Ferreira Da Silva
Company Number
11676130 (England and Wales)
Registered Office
A AND L, SUITE 1-3 HOP EXCHANGE
24 SOUTHWARK STREET
LONDON
SE1 1TY
ENGLAND
Accountants
Accounts and Legal Consultants Ltd
Suite 1-3
The Hop Exchange
24 Southwark Street
London
SE1 1TY
Bainvest, Consulting, Trading And Investments Ltd
Statement of financial position
as at 30 November 2022
Tangible assets
25,474
10,767
Investment property
171,098
127,620
Cash at bank and in hand
63,530
35,927
Creditors: amounts falling due within one year
(77,295)
(59,010)
Net current liabilities
(5,611)
(18,214)
Total assets less current liabilities
190,961
120,173
Provisions for liabilities
Net assets
179,091
120,173
Called up share capital
10,000
10,000
Profit and loss account
169,091
110,173
Shareholders' funds
179,091
120,173
For the year ending 30 November 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts 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 FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 19 November 2023 and were signed on its behalf by
M.Ferreira Da Silva
Director
Company Registration No. 11676130
Bainvest, Consulting, Trading And Investments Ltd
Notes to the Accounts
for the year ended 30 November 2022
Bainvest, Consulting, Trading And Investments Ltd is a private company, limited by shares, registered in England and Wales, registration number 11676130. The registered office is A AND L, SUITE 1-3 HOP EXCHANGE, 24 SOUTHWARK STREET, LONDON, SE1 1TY, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Straight line
Fixtures & fittings
25% Straight line
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Bainvest, Consulting, Trading And Investments Ltd
Notes to the Accounts
for the year ended 30 November 2022
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 December 2021
-
18,830
18,830
At 30 November 2022
23,298
18,830
42,128
At 1 December 2021
-
8,063
8,063
Charge for the year
3,883
4,708
8,591
At 30 November 2022
3,883
12,771
16,654
At 30 November 2022
19,415
6,059
25,474
At 30 November 2021
-
10,767
10,767
Fair value at 1 December 2021
127,620
Net gain from fair value adjustments
43,478
At 30 November 2022
171,098
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2022
2021
Trade creditors
3,884
5,005
Taxes and social security
7,402
16,349
Loans from directors
11,684
11,164
Deferred income
53,234
26,492
Bainvest, Consulting, Trading And Investments Ltd
Notes to the Accounts
for the year ended 30 November 2022
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan
-
2,941
-
2,941
9
Average number of employees
During the year the average number of employees was 1 (2021: 1).