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REGISTERED NUMBER: 05271413 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

Bourbon Limited

Bourbon Limited (Registered number: 05271413)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bourbon Limited

Company Information
for the Year Ended 28 February 2023







DIRECTOR: S L THOMAS





SECRETARY: S L THOMAS





REGISTERED OFFICE: 96-98 Pentonville Road
London
N1 9JB





REGISTERED NUMBER: 05271413 (England and Wales)





ACCOUNTANTS: SW&A Accountants
Unit 14
Elgar Business Centre
Moseley Road
Worcester
Worcestershire
WR2 6NJ

Bourbon Limited (Registered number: 05271413)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 99,698 108,734
Tangible assets 5 39,193 16,947
138,891 125,681

CURRENT ASSETS
Stocks 38,796 84,293
Debtors 6 1,244,913 1,219,171
Cash at bank and in hand 602,826 229,463
1,886,535 1,532,927
CREDITORS
Amounts falling due within one year 7 557,939 499,710
NET CURRENT ASSETS 1,328,596 1,033,217
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,467,487

1,158,898

CREDITORS
Amounts falling due after more than
one year

8

(314,000

)

(386,667

)

PROVISIONS FOR LIABILITIES (26,389 ) (23,879 )
NET ASSETS 1,127,098 748,352

Bourbon Limited (Registered number: 05271413)

Balance Sheet - continued
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 857 857
Retained earnings 1,126,241 747,495
1,127,098 748,352

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 director and authorised for issue on 24 November 2023 and were signed by:





S L THOMAS - Director


Bourbon Limited (Registered number: 05271413)

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

1. STATUTORY INFORMATION

Bourbon 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 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.


Bourbon Limited (Registered number: 05271413)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

2. ACCOUNTING POLICIES - continued
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.

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 28 (2022 - 26 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 March 2022
and 28 February 2023 233,305
AMORTISATION
At 1 March 2022 124,571
Charge for year 9,036
At 28 February 2023 133,607
NET BOOK VALUE
At 28 February 2023 99,698
At 28 February 2022 108,734

Bourbon Limited (Registered number: 05271413)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 March 2022 1 234,142 234,143
Additions - 39,357 39,357
At 28 February 2023 1 273,499 273,500
DEPRECIATION
At 1 March 2022 - 217,196 217,196
Charge for year - 17,111 17,111
At 28 February 2023 - 234,307 234,307
NET BOOK VALUE
At 28 February 2023 1 39,192 39,193
At 28 February 2022 1 16,946 16,947

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 10,906 9,983
Other debtors 1,234,007 1,209,188
1,244,913 1,219,171

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors 152,060 135,097
Taxation and social security 202,336 154,516
Other creditors 203,543 210,097
557,939 499,710

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans 314,000 386,667

Bourbon Limited (Registered number: 05271413)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
28.2.23 28.2.22
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 314,000 386,667