Bishopswood Pavilion Limited 06120010 false 2022-03-01 2023-02-28 2023-02-28 The principal activity of the company is Sports Ground Digita Accounts Production Advanced 6.30.9574.0 true true 06120010 2022-03-01 2023-02-28 06120010 2023-02-28 06120010 bus:OrdinaryShareClass1 2023-02-28 06120010 core:CurrentFinancialInstruments core:WithinOneYear 2023-02-28 06120010 core:LandBuildings core:OwnedOrFreeholdAssets 2023-02-28 06120010 core:OfficeEquipment 2023-02-28 06120010 core:PlantMachinery 2023-02-28 06120010 bus:SmallEntities 2022-03-01 2023-02-28 06120010 bus:AuditExemptWithAccountantsReport 2022-03-01 2023-02-28 06120010 bus:FullAccounts 2022-03-01 2023-02-28 06120010 bus:SmallCompaniesRegimeForAccounts 2022-03-01 2023-02-28 06120010 bus:RegisteredOffice 2022-03-01 2023-02-28 06120010 bus:CompanySecretaryDirector1 2022-03-01 2023-02-28 06120010 bus:Director1 2022-03-01 2023-02-28 06120010 bus:OrdinaryShareClass1 2022-03-01 2023-02-28 06120010 bus:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 06120010 core:LandBuildings core:OwnedOrFreeholdAssets 2022-03-01 2023-02-28 06120010 core:OfficeEquipment 2022-03-01 2023-02-28 06120010 core:PlantMachinery 2022-03-01 2023-02-28 06120010 countries:AllCountries 2022-03-01 2023-02-28 06120010 2022-02-28 06120010 core:LandBuildings core:OwnedOrFreeholdAssets 2022-02-28 06120010 core:OfficeEquipment 2022-02-28 06120010 core:PlantMachinery 2022-02-28 06120010 2021-03-01 2022-02-28 06120010 2022-02-28 06120010 bus:OrdinaryShareClass1 2022-02-28 06120010 core:CurrentFinancialInstruments core:WithinOneYear 2022-02-28 06120010 core:LandBuildings core:OwnedOrFreeholdAssets 2022-02-28 06120010 core:OfficeEquipment 2022-02-28 06120010 core:PlantMachinery 2022-02-28 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 06120010

Bishopswood Pavilion Limited

Unaudited Filleted Financial Statements

for the Year Ended 28 February 2023

 

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Company Information

Directors

Mr Mark Abbott

Mrs Susan Abbott

Company secretary

Mrs Susan Abbott

Registered office

WillowPool
21 Orchard Coombe
Whitchurch Hill
Reading
Berkshire
RG8 7QL

Accountants

David Jones & Co 2018 Limited
Accountants
The Centre
Reading Road
Eversley Centre
Hampshire
RG27 0NB

 

(Registration number: 06120010)
Balance Sheet as at 28 February 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

75,665

75,886

Current assets

 

Cash at bank and in hand

 

15,433

16,182

Creditors: Amounts falling due within one year

6

(79,799)

(77,201)

Net current liabilities

 

(64,366)

(61,019)

Net assets

 

11,299

14,867

Capital and reserves

 

Called up share capital

7

1,000

1,000

Retained earnings

10,299

13,867

Shareholders' funds

 

11,299

14,867

For the financial year ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 27 November 2023 and signed on its behalf by:
 

.........................................
Mrs Susan Abbott
Company secretary and director

 

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2023

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
WillowPool
21 Orchard Coombe
Whitchurch Hill
Reading
Berkshire
RG8 7QL

These financial statements were authorised for issue by the Board on 27 November 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

 

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2023

Asset class

Depreciation method and rate

Plant & Machinery

25% reducing balance

Office Equipment

25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).

 

Notes to the Unaudited Financial Statements for the Year Ended 28 February 2023

4

Tangible assets

Land and buildings
£

Plant and machinery
£

Office equipment
£

Total
£

Cost or valuation

At 1 March 2022

75,000

6,216

1,745

82,961

At 28 February 2023

75,000

6,216

1,745

82,961

Depreciation

At 1 March 2022

-

5,612

1,463

7,075

Charge for the year

-

151

70

221

At 28 February 2023

-

5,763

1,533

7,296

Carrying amount

At 28 February 2023

75,000

453

212

75,665

At 28 February 2022

75,000

604

282

75,886

Included within the net book value of land and buildings above is £75,000 (2022 - £75,000) in respect of freehold land and buildings.
 

5

Debtors

6

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Trade creditors

5

-

Accruals and deferred income

408

312

Other creditors

79,386

76,889

79,799

77,201

7

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary of £1 each

1,000

1,000

1,000

1,000