Company Registration No. 14056211 (England and Wales)
BASSETT SPIRITS LTD
Unaudited accounts
for the period from 20 April 2022 to 30 April 2023
BASSETT SPIRITS LTD
Unaudited accounts
Contents
BASSETT SPIRITS LTD
Company Information
for the period from 20 April 2022 to 30 April 2023
Company Number
14056211 (England and Wales)
Registered Office
30 MARKET PLACE
WANTAGE
OX12 8AJ
ENGLAND
Accountants
Fairmile Accounting Ltd
Boston House
Downsview Road
Wantage
OX12 9FF
BASSETT SPIRITS LTD
Statement of financial position
as at 30 April 2023
Cash at bank and in hand
1,623
Creditors: amounts falling due within one year
(38,438)
Net current liabilities
(31,737)
Profit and loss account
(16,463)
Shareholders' funds
(16,462)
For the period ending 30 April 2023 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 23 November 2023 and were signed on its behalf by
N Bassett
Director
Company Registration No. 14056211
BASSETT SPIRITS LTD
Notes to the Accounts
for the period from 20 April 2022 to 30 April 2023
BASSETT SPIRITS LTD is a private company, limited by shares, registered in England and Wales, registration number 14056211. The registered office is 30 MARKET PLACE, WANTAGE, OX12 8AJ, 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 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:
Land & buildings
20% straight line
Plant & machinery
20% straight line
Fixtures & fittings
20% straight line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
Additions
14,298
2,412
2,383
19,093
At 30 April 2023
14,298
2,412
2,383
19,093
Charge for the period
2,859
482
477
3,818
At 30 April 2023
2,859
482
477
3,818
At 30 April 2023
11,439
1,930
1,906
15,275
BASSETT SPIRITS LTD
Notes to the Accounts
for the period from 20 April 2022 to 30 April 2023
Amounts falling due within one year
Accrued income and prepayments
217
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
Taxes and social security
153
Loans from directors
21,999
7
Average number of employees
During the period the average number of employees was 2.