IRIS Accounts Production v23.1.0.753 09020073 Board of Directors 1.6.22 31.5.23 31.5.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure090200732022-05-31090200732023-05-31090200732022-06-012023-05-31090200732021-05-31090200732021-06-012022-05-31090200732022-05-3109020073ns16:EnglandWales2022-06-012023-05-3109020073ns15:PoundSterling2022-06-012023-05-3109020073ns11:Director12022-06-012023-05-3109020073ns11:PrivateLimitedCompanyLtd2022-06-012023-05-3109020073ns11:SmallEntities2022-06-012023-05-3109020073ns11:AuditExempt-NoAccountantsReport2022-06-012023-05-3109020073ns11:SmallCompaniesRegimeForDirectorsReport2022-06-012023-05-3109020073ns11:SmallCompaniesRegimeForAccounts2022-06-012023-05-3109020073ns11:FullAccounts2022-06-012023-05-3109020073ns11:Director22022-06-012023-05-3109020073ns11:RegisteredOffice2022-06-012023-05-3109020073ns6:CurrentFinancialInstruments2023-05-3109020073ns6:CurrentFinancialInstruments2022-05-3109020073ns6:ShareCapital2023-05-3109020073ns6:ShareCapital2022-05-3109020073ns6:RetainedEarningsAccumulatedLosses2023-05-3109020073ns6:RetainedEarningsAccumulatedLosses2022-05-3109020073ns6:PlantMachinery2022-06-012023-05-3109020073ns6:PlantMachinery2022-05-3109020073ns6:PlantMachinery2023-05-3109020073ns6:PlantMachinery2022-05-3109020073ns6:WithinOneYearns6:CurrentFinancialInstruments2023-05-3109020073ns6:WithinOneYearns6:CurrentFinancialInstruments2022-05-31
REGISTERED NUMBER: 09020073 (England and Wales)

















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MAY 2023

FOR

BULLET POINT LTD

BULLET POINT LTD (REGISTERED NUMBER: 09020073)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BULLET POINT LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MAY 2023







DIRECTORS: M I Priestley
Ms C Priestley





REGISTERED OFFICE: 29 Stamford Park Road
Altrincham
WA15 9EL





REGISTERED NUMBER: 09020073 (England and Wales)





ACCOUNTANTS: Cresswells
12 Market Street
Hebden Bridge
West Yorkshire
HX7 6AD

BULLET POINT LTD (REGISTERED NUMBER: 09020073)

BALANCE SHEET
31ST MAY 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 32,003 39,143

CURRENT ASSETS
Debtors 5 16,900 13,877
Cash at bank 41,200 42,647
58,100 56,524
CREDITORS
Amounts falling due within one year 6 8,707 17,110
NET CURRENT ASSETS 49,393 39,414
TOTAL ASSETS LESS CURRENT
LIABILITIES

81,396

78,557

PROVISIONS FOR LIABILITIES 5,950 7,437
NET ASSETS 75,446 71,120

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 75,346 71,020
SHAREHOLDERS' FUNDS 75,446 71,120

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 19th February 2024 and were signed on its behalf by:





M I Priestley - Director


BULLET POINT LTD (REGISTERED NUMBER: 09020073)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MAY 2023

1. STATUTORY INFORMATION

Bullet Point Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on reducing balance and over 3 years

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.

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.

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 2 (2022 - 2 ) .

BULLET POINT LTD (REGISTERED NUMBER: 09020073)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MAY 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st June 2022 44,534
Additions 884
At 31st May 2023 45,418
DEPRECIATION
At 1st June 2022 5,391
Charge for year 8,024
At 31st May 2023 13,415
NET BOOK VALUE
At 31st May 2023 32,003
At 31st May 2022 39,143

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 16,900 13,877

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors - 444
Taxation and social security 6,733 14,987
Other creditors 1,974 1,679
8,707 17,110