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REGISTERED NUMBER: 01939376 (England and Wales)









Unaudited Financial Statements

for the Year Ended 30 April 2023

for

Bullimores Management Limited

Bullimores Management Limited (Registered number: 01939376)






Contents of the Financial Statements
for the Year Ended 30 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bullimores Management Limited

Company Information
for the Year Ended 30 April 2023







DIRECTORS: N W Boot
Ms C J Scott
P G Casey
Mrs S J Wallace





REGISTERED OFFICE: Old Printers Yard
156 South Street
Dorking
Surrey
RH4 2HF





REGISTERED NUMBER: 01939376 (England and Wales)





ACCOUNTANTS: Bullimores LLP
Chartered Accountants
Old Printers Yard
156 South Street
Dorking
Surrey
RH4 2HF

Bullimores Management Limited (Registered number: 01939376)

Balance Sheet
30 April 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 17,952
Investments 5 10,000 10,000
10,000 27,952

CURRENT ASSETS
Debtors 6 575,237 579,422
Cash at bank 34,725 86,166
609,962 665,588
CREDITORS
Amounts falling due within one year 7 5,120 82,778
NET CURRENT ASSETS 604,842 582,810
TOTAL ASSETS LESS CURRENT
LIABILITIES

614,842

610,762

PROVISIONS FOR LIABILITIES - 3,550
NET ASSETS 614,842 607,212

CAPITAL AND RESERVES
Called up share capital 6,060 6,060
Retained earnings 9 608,782 601,152
SHAREHOLDERS' FUNDS 614,842 607,212

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

Bullimores Management Limited (Registered number: 01939376)

Balance Sheet - continued
30 April 2023


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 8 January 2024 and were signed on its behalf by:




N W Boot - Director



Mrs S J Wallace - Director


Bullimores Management Limited (Registered number: 01939376)

Notes to the Financial Statements
for the Year Ended 30 April 2023

1. STATUTORY INFORMATION

Bullimores Management 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover represents management fees raised to Bullimores LLP as disclosed in the related party note.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Computer equipment - over 4 years

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

Bullimores Management Limited (Registered number: 01939376)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 21 ).

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 May 2022 56,638 126,032 182,670
Disposals (56,638 ) (126,032 ) (182,670 )
At 30 April 2023 - - -
DEPRECIATION
At 1 May 2022 51,777 112,941 164,718
Charge for year 732 1,819 2,551
Eliminated on disposal (52,509 ) (114,760 ) (167,269 )
At 30 April 2023 - - -
NET BOOK VALUE
At 30 April 2023 - - -
At 30 April 2022 4,861 13,091 17,952

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 May 2022
and 30 April 2023 10,000
NET BOOK VALUE
At 30 April 2023 10,000
At 30 April 2022 10,000

Bullimores Management Limited (Registered number: 01939376)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
VAT 2,102 -
Prepayments - 55,815
Bullimores LLP 573,135 523,607
575,237 579,422

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade creditors - 7,691
Tax 5,120 5,254
Social security and other taxes - 2,937
VAT - 31,544
Accrued expenses - 35,352
5,120 82,778

8. SECURED DEBTS

The overdraft facility is secured by a debenture in favour of HSBC PLC dated 24th August 2005.

9. RESERVES
Retained
earnings
£   

At 1 May 2022 601,152
Profit for the year 7,630
At 30 April 2023 608,782

10. RELATED PARTY DISCLOSURES

The directors of the company are also members of Bullimores LLP. During the year management fees of £260,000 [£776,940 2022] were received and at the year end an amount of £573,135 [£523,607 2022] was due from the LLP.

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Janet Edwards.