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Company Registration No. 08622497 (England and Wales)
BESPOKE SAFETY SOLUTIONS (BSS) LTD Unaudited accounts for the year ended 31 July 2023
BESPOKE SAFETY SOLUTIONS (BSS) LTD Unaudited accounts Contents
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BESPOKE SAFETY SOLUTIONS (BSS) LTD Company Information for the year ended 31 July 2023
Directors
Mr G.J. Halfacre Mrs C.L. Halfacre
Secretary
Mrs C.L. Halfacre
Company Number
08622497 (England and Wales)
Registered Office
16 Mill Lane Cogenhoe Northampton Northants NN7 1NA United Kingdom
Accountants
Stephen Beard Accountancy Services 10 Cheshire Road Thame Oxon OX9 3LQ
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BESPOKE SAFETY SOLUTIONS (BSS) LTD Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
25,391 
34,810 
Current assets
Debtors
52,267 
52,991 
Cash at bank and in hand
84,367 
105,355 
136,634 
158,346 
Creditors: amounts falling due within one year
(25,878)
(38,741)
Net current assets
110,756 
119,605 
Total assets less current liabilities
136,147 
154,415 
Provisions for liabilities
Deferred tax
(175)
(943)
Net assets
135,972 
153,472 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
135,872 
153,372 
Shareholders' funds
135,972 
153,472 
For the year ending 31 July 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 directors acknowledge their 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 of Directors and authorised for issue on 20 November 2023 and were signed on its behalf by
Mr G.J. Halfacre Director Company Registration No. 08622497
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BESPOKE SAFETY SOLUTIONS (BSS) LTD Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
BESPOKE SAFETY SOLUTIONS (BSS) LTD is a private company, limited by shares, registered in England and Wales, registration number 08622497. The registered office is 16 Mill Lane, Cogenhoe, Northampton , Northants, NN7 1NA, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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% Reducing balance
Fixtures & fittings
20% Straight line
Computer equipment
20% Straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
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BESPOKE SAFETY SOLUTIONS (BSS) LTD Notes to the Accounts for the year ended 31 July 2023
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 August 2022
25,000 
At 31 July 2023
25,000 
Amortisation
At 1 August 2022
25,000 
At 31 July 2023
25,000 
Net book value
At 31 July 2023
- 
5
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2022
36,790 
2,756 
9,746 
49,292 
Additions
- 
- 
174 
174 
At 31 July 2023
36,790 
2,756 
9,920 
49,466 
Depreciation
At 1 August 2022
4,599 
1,511 
8,372 
14,482 
Charge for the year
8,048 
385 
1,160 
9,593 
At 31 July 2023
12,647 
1,896 
9,532 
24,075 
Net book value
At 31 July 2023
24,143 
860 
388 
25,391 
At 31 July 2022
32,191 
1,245 
1,374 
34,810 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
48,417 
48,952 
Accrued income and prepayments
3,850 
4,039 
52,267 
52,991 
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BESPOKE SAFETY SOLUTIONS (BSS) LTD Notes to the Accounts for the year ended 31 July 2023
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
10,125 
11,093 
Trade creditors
1,824 
5,479 
Taxes and social security
7,566 
17,000 
Other creditors
129 
1,056 
Loans from directors
2,784 
2,258 
Accruals
970 
1,195 
Deferred income
2,480 
660 
25,878 
38,741 
8
Operating lease commitments
2023 
2022 
£ 
£ 
At 31 July 2023 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
4,989 
5,442 
Later than one year and not later than five years
- 
4,535 
4,989 
9,977 
9
Average number of employees
During the year the average number of employees was 5 (2022: 5).
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