IRIS Accounts Production v23.4.0.336 09769207 Board of Directors 1.10.22 30.9.23 30.9.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh097692072022-09-30097692072023-09-30097692072022-10-012023-09-30097692072021-09-30097692072021-10-012022-09-30097692072022-09-3009769207ns15:EnglandWales2022-10-012023-09-3009769207ns14:PoundSterling2022-10-012023-09-3009769207ns10:Director12022-10-012023-09-3009769207ns10:PrivateLimitedCompanyLtd2022-10-012023-09-3009769207ns10:SmallEntities2022-10-012023-09-3009769207ns10:AuditExemptWithAccountantsReport2022-10-012023-09-3009769207ns10:SmallCompaniesRegimeForDirectorsReport2022-10-012023-09-3009769207ns10:SmallCompaniesRegimeForAccounts2022-10-012023-09-3009769207ns10:FullAccounts2022-10-012023-09-3009769207ns10:OrdinaryShareClass12022-10-012023-09-3009769207ns10:Director22022-10-012023-09-3009769207ns10:RegisteredOffice2022-10-012023-09-3009769207ns5:CurrentFinancialInstruments2023-09-3009769207ns5:CurrentFinancialInstruments2022-09-3009769207ns5:Non-currentFinancialInstruments2023-09-3009769207ns5:Non-currentFinancialInstruments2022-09-3009769207ns5:ShareCapital2023-09-3009769207ns5:ShareCapital2022-09-3009769207ns5:RetainedEarningsAccumulatedLosses2023-09-3009769207ns5:RetainedEarningsAccumulatedLosses2022-09-3009769207ns5:MotorVehicles2022-10-012023-09-3009769207ns5:MotorVehicles2022-09-3009769207ns5:ComputerEquipment2022-09-3009769207ns5:ComputerEquipment2022-10-012023-09-3009769207ns5:MotorVehicles2023-09-3009769207ns5:ComputerEquipment2023-09-3009769207ns5:MotorVehicles2022-09-3009769207ns5:ComputerEquipment2022-09-3009769207ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-09-3009769207ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-09-3009769207ns5:DeferredTaxation2022-10-012023-09-3009769207ns5:DeferredTaxation2023-09-3009769207ns10:OrdinaryShareClass12023-09-30
REGISTERED NUMBER: 09769207 (England and Wales)















Buckley Ian Limited

Unaudited Financial Statements for the Year Ended 30 September 2023






Buckley Ian Limited (Registered number: 09769207)






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




Page

Company Information 1

Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


Buckley Ian Limited

Company Information
for the Year Ended 30 September 2023







Directors: Ian Graham Buckley
Lynda Michelle Buckley





Registered office: 6 Oakleigh Road
Cheadle Hulme
Stockport
SK8 6SP





Registered number: 09769207 (England and Wales)





Accountants: Leach Briely
Craven House
32 Lee Lane
Horwich
Bolton
BL6 7BY

Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Buckley Ian Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Directors' Report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Buckley Ian Limited for the year ended 30 September 2023 which comprise the Statement of Income and Retained Earnings, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Buckley Ian Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Buckley Ian Limited and state those matters that we have agreed to state to the Board of Directors of Buckley Ian Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Buckley Ian Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Buckley Ian Limited. You consider that Buckley Ian Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Buckley Ian Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Leach Briely
Craven House
32 Lee Lane
Horwich
Bolton
BL6 7BY


29 February 2024

Buckley Ian Limited (Registered number: 09769207)

Statement of Financial Position
30 September 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Tangible assets 4 38,645 -

Current assets
Stocks 48,000 65,909
Debtors 5 32,126 41,848
Cash at bank and in hand 11,790 7,683
91,916 115,440
Creditors
Amounts falling due within one year 6 81,117 74,973
Net current assets 10,799 40,467
Total assets less current liabilities 49,444 40,467

Creditors
Amounts falling due after more than
one year

7

(41,333

)

(38,333

)

Provisions for liabilities 8 (7,342 ) -
Net assets 769 2,134

Capital and reserves
Called up share capital 9 100 100
Retained earnings 669 2,034
Shareholders' funds 769 2,134

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

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

Buckley Ian Limited (Registered number: 09769207)

Statement of Financial Position - continued
30 September 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 February 2024 and were signed on its behalf by:





Ian Graham Buckley - Director


Buckley Ian Limited (Registered number: 09769207)

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

1. Statutory information

Buckley Ian 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance

Tangible assets are initially recorded at cost and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Stocks
Stocks are measured at estimated cost.

Financial instruments
The company only enters into basic financial instruments that result in the recognition of the financial assets and liabilities such as trade and other debtors and creditors. These are measured at amortised cost and assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the statement of income and retained earnings.

Taxation
The taxation expense represents the aggregate amount of current tax recognised in the reporting year . Tax is recognised in the statement of income and retained earnings. Current tax is recognised on taxable profit for the current year.

Current tax is measured at the amounts of tax expected to be paid using the tax rates and laws that have been enacted or substantively enacted at the reporting date.


Buckley Ian Limited (Registered number: 09769207)

Notes to the Financial Statements - continued
for the Year Ended 30 September 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 statement of financial position 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.

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.

3. Employees and directors

The average number of employees during the year was 2 (2022 - 2 ) .

4. Tangible fixed assets
Motor Computer
vehicles equipment Totals
£    £    £   
Cost
At 1 October 2022 - 1,474 1,474
Additions 40,000 - 40,000
At 30 September 2023 40,000 1,474 41,474
Depreciation
At 1 October 2022 - 1,474 1,474
Charge for year 1,355 - 1,355
At 30 September 2023 1,355 1,474 2,829
Net book value
At 30 September 2023 38,645 - 38,645
At 30 September 2022 - - -

5. Debtors: amounts falling due within one year
2023 2022
£    £   
Trade debtors 24,399 41,548
Other debtors 7,727 300
32,126 41,848

Buckley Ian Limited (Registered number: 09769207)

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

6. Creditors: amounts falling due within one year
2023 2022
£    £   
Bank loans 5,000 5,000
Trade creditors 38,737 49,332
Taxation and social security 11 11,438
Other creditors 37,369 9,203
81,117 74,973

7. Creditors: amounts falling due after more than one year
2023 2022
£    £   
Bank loans 33,333 38,333
Other creditors 8,000 -
41,333 38,333

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 13,333 18,333

8. Provisions for liabilities
2023 2022
£    £   
Deferred tax 7,342 -

Deferred
tax
£   
Charge to Statement of Income and Retained Earnings during year 7,342
Balance at 30 September 2023 7,342

9. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary 1 100 100