Bournemouth White Lining Ltd 03482406 false 2022-07-01 2023-06-30 2023-06-30 The principal activity of the company is that of road and car park lining. The company specialises in laying white and yellow thermoplastic and paint markings to roads and car parks, and also the application of various colours of anti-skid surfaces. Digita Accounts Production Advanced 6.30.9574.0 true 03482406 2022-07-01 2023-06-30 03482406 2023-06-30 03482406 core:RetainedEarningsAccumulatedLosses 2023-06-30 03482406 core:ShareCapital 2023-06-30 03482406 core:FinancialAssetsDesignatedFairValueThroughProfitOrLoss 2023-06-30 03482406 core:CurrentFinancialInstruments 2023-06-30 03482406 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 03482406 core:Non-currentFinancialInstruments core:AfterOneYear 2023-06-30 03482406 core:FurnitureFittingsToolsEquipment 2023-06-30 03482406 core:MotorVehicles 2023-06-30 03482406 core:OtherPropertyPlantEquipment 2023-06-30 03482406 bus:SmallEntities 2022-07-01 2023-06-30 03482406 bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 03482406 bus:FullAccounts 2022-07-01 2023-06-30 03482406 bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 03482406 bus:RegisteredOffice 2022-07-01 2023-06-30 03482406 bus:Director1 2022-07-01 2023-06-30 03482406 bus:Director2 2022-07-01 2023-06-30 03482406 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 03482406 core:FurnitureFittingsToolsEquipment 2022-07-01 2023-06-30 03482406 core:MotorCars 2022-07-01 2023-06-30 03482406 core:MotorVehicles 2022-07-01 2023-06-30 03482406 core:OfficeEquipment 2022-07-01 2023-06-30 03482406 core:OtherPropertyPlantEquipment 2022-07-01 2023-06-30 03482406 core:PlantMachinery 2022-07-01 2023-06-30 03482406 countries:UnitedKingdom 2022-07-01 2023-06-30 03482406 2022-06-30 03482406 core:FurnitureFittingsToolsEquipment 2022-06-30 03482406 core:MotorVehicles 2022-06-30 03482406 core:OtherPropertyPlantEquipment 2022-06-30 03482406 2021-07-01 2022-06-30 03482406 2022-06-30 03482406 core:RetainedEarningsAccumulatedLosses 2022-06-30 03482406 core:ShareCapital 2022-06-30 03482406 core:CurrentFinancialInstruments 2022-06-30 03482406 core:CurrentFinancialInstruments core:WithinOneYear 2022-06-30 03482406 core:Non-currentFinancialInstruments core:AfterOneYear 2022-06-30 03482406 core:FurnitureFittingsToolsEquipment 2022-06-30 03482406 core:MotorVehicles 2022-06-30 03482406 core:OtherPropertyPlantEquipment 2022-06-30 iso4217:GBP xbrli:pure

Bournemouth White Lining Ltd

Annual Report and Unaudited Financial Statements
Year Ended 30 June 2023

Registration number: 03482406

 

Bournemouth White Lining Ltd

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 6

 

Bournemouth White Lining Ltd

Balance Sheet

30 June 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

105,327

106,222

Current assets

 

Stocks

5

26,500

26,500

Debtors

6

183,756

161,280

Investments

7

156,024

149,159

Cash at bank and in hand

 

127,632

251,567

 

493,912

588,506

Creditors: Amounts falling due within one year

8

(111,714)

(206,335)

Net current assets

 

382,198

382,171

Total assets less current liabilities

 

487,525

488,393

Creditors: Amounts falling due after more than one year

8

(40,000)

(40,000)

Provisions for liabilities

(19,965)

(19,965)

Net assets

 

427,560

428,428

Capital and reserves

 

Called up share capital

95

95

Profit and loss account

427,465

428,333

Total equity

 

427,560

428,428

 

Bournemouth White Lining Ltd

Balance Sheet

30 June 2023

For the financial year ending 30 June 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 and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the Board on 19 September 2023 and signed on its behalf by:
 

.........................................
Mr R J Dean
Director

.........................................
Mr M J Guy
Director

Company Registration Number: 03482406

 

Bournemouth White Lining Ltd

Notes to the Unaudited Financial Statements

Year Ended 30 June 2023

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Towngate House
2-8 Parkstone Road
Poole
Dorset
BH15 2PW
United Kingdom

These financial statements were authorised for issue by the Board on 19 September 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 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

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.

These financial statements are presented in pound sterling and are rounded to the nearest whole pound.

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:

Asset class

Depreciation method and rate

Plant and machinery

25% reducing balance

Office equipment

4 year straight line

Motor cars

25% reducing balance

Fixtures and fittings

25% reducing balance

 

Bournemouth White Lining Ltd

Notes to the Unaudited Financial Statements

Year Ended 30 June 2023

Stocks

Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

Investments

Current asset investments are included at the lower of costs and net realisable value.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Classification
The company holds the following financial instruments:

• Short term trade and other debtors and creditors;
• Redeemable preference shares; and
• Cash and bank balances.

All financial instruments are classified as basic.

 Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS 102.

 

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 13 (2022 - 14).

 

Bournemouth White Lining Ltd

Notes to the Unaudited Financial Statements

Year Ended 30 June 2023

4

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Plant and equipment
£

Total
£

Cost or valuation

At 1 July 2022

53,484

364,008

151,595

569,087

Additions

4,976

1,796

28,049

34,821

At 30 June 2023

58,460

365,804

179,644

603,908

Depreciation

At 1 July 2022

52,175

294,417

116,274

462,866

Charge for the year

2,023

17,847

15,845

35,715

At 30 June 2023

54,198

312,264

132,119

498,581

Carrying amount

At 30 June 2023

4,262

53,540

47,525

105,327

At 30 June 2022

1,310

69,591

35,321

106,222

5

Stocks

2023
£

2022
£

Other inventories

26,500

26,500

6

Debtors

2023
£

2022
£

Trade debtors

177,439

149,372

Prepayments

3,252

4,424

Other debtors

3,065

7,484

183,756

161,280

 

Bournemouth White Lining Ltd

Notes to the Unaudited Financial Statements

Year Ended 30 June 2023

7

Investments

Financial assets at fair value through profit and loss
£

Total
£

Current financial assets

Cost or valuation

Investment fund fair value brought forward

149,159

149,159

Fair value adjustment through the P&L

6,865

6,865

At 30 June 2023

156,024

156,024

Carrying amount

At 30 June 2023

156,024

156,024

8

Creditors

Creditors: amounts falling due within one year

2023
 £

2022
 £

Due within one year

Trade creditors

12,400

75,416

Corporation tax

54,701

85,947

Social security and other taxes

34,376

27,937

Other creditors

5,452

3,952

Accrued expenses

4,785

13,083

111,714

206,335

Creditors: amounts falling due after more than one year

2023
£

2022
£

Due after one year

Redeemable preference shares

40,000

40,000