0 false false false false false false false false false true false false false false false false No description of principal activity 2022-08-29 Sage Accounts Production Advanced 2021 - FRS102_2021 1,596 1,403 193 1,596 193 xbrli:pure xbrli:shares iso4217:GBP 05221340 2022-08-29 2023-08-28 05221340 2023-08-28 05221340 2022-08-28 05221340 2022-08-28 05221340 core:FurnitureFittings 2022-08-29 2023-08-28 05221340 bus:Director1 2022-08-29 2023-08-28 05221340 core:FurnitureFittings 2022-08-28 05221340 core:FurnitureFittings 2023-08-28 05221340 core:WithinOneYear 2023-08-28 05221340 core:WithinOneYear 2022-08-28 05221340 core:ShareCapital 2023-08-28 05221340 core:ShareCapital 2022-08-28 05221340 core:RetainedEarningsAccumulatedLosses 2023-08-28 05221340 core:RetainedEarningsAccumulatedLosses 2022-08-28 05221340 core:FurnitureFittings 2022-08-28 05221340 bus:Director1 2022-08-28 05221340 bus:Director1 2023-08-28 05221340 bus:Director1 2021-08-28 05221340 bus:Director1 2022-08-28 05221340 bus:Director1 2021-08-29 2022-08-28 05221340 bus:SmallEntities 2022-08-29 2023-08-28 05221340 bus:AuditExempt-NoAccountantsReport 2022-08-29 2023-08-28 05221340 bus:FullAccounts 2022-08-29 2023-08-28 05221340 bus:SmallCompaniesRegimeForAccounts 2022-08-29 2023-08-28 05221340 bus:PrivateLimitedCompanyLtd 2022-08-29 2023-08-28
COMPANY REGISTRATION NUMBER: 05221340
Bishopsgate Advances Limited
Filleted Unaudited Financial Statements
28 August 2023
Bishopsgate Advances Limited
Statement of Financial Position
28 August 2023
2023
2022
Note
£
£
Fixed assets
Tangible assets
4
193
Current assets
Cash at bank and in hand
240,088
303,780
Creditors: amounts falling due within one year
5
( 10,403)
( 40,268)
------------
------------
Net current assets
229,685
263,512
------------
------------
Total assets less current liabilities
229,685
263,705
------------
------------
Net assets
229,685
263,705
------------
------------
Capital and reserves
Called up share capital
100
100
Profit and loss account
229,585
263,605
------------
------------
Shareholders funds
229,685
263,705
------------
------------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 28 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
Bishopsgate Advances Limited
Statement of Financial Position (continued)
28 August 2023
These financial statements were approved by the board of directors and authorised for issue on 28 February 2024 , and are signed on behalf of the board by:
Mr R B Wynne
Director
Company registration number: 05221340
Bishopsgate Advances Limited
Notes to the Financial Statements
Year ended 28 August 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Flat 3, Deva House, 12/13 The Groves, Chester, Cheshire, CH1 1SD.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fixtures and fittings
-
33% straight line
4. Tangible assets
Fixtures and fittings
£
Cost
At 29 August 2022 and 28 August 2023
1,596
------------
Depreciation
At 29 August 2022
1,403
Charge for the year
193
------------
At 28 August 2023
1,596
------------
Carrying amount
At 28 August 2023
------------
At 28 August 2022
193
------------
5. Creditors: amounts falling due within one year
2023
2022
£
£
Other creditors
10,403
40,268
------------
------------
6. Director's advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2023
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
Mr R B Wynne
( 39,150)
29,635
( 9,515)
------------
------------
------------
------------
2022
Balance brought forward
Advances/ (credits) to the director
Amounts repaid
Balance outstanding
£
£
£
£
Mr R B Wynne
( 37,383)
( 1,767)
( 39,150)
------------
------------
------------
------------