Company Registration No. 12941380 (England and Wales)
BonvilstonEdge Limited
Unaudited accounts
for the year ended 31 October 2023
BonvilstonEdge Limited
Unaudited accounts
Contents
BonvilstonEdge Limited
Company Information
for the year ended 31 October 2023
Company Number
12941380 (England and Wales)
Registered Office
THE QUAD SHEEPCOURT BARNS
BONVILSTON
CARDIFF
CF5 6TR
WALES
Accountants
STAS Ltd
253 Cowbridge Road West
Cardiff
CF5 5TD
BonvilstonEdge Limited
Accountants' report
Accountants' report to the board of directors of BonvilstonEdge Limited on the preparation of the unaudited statutory accounts for the year ended 31 October 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
BonvilstonEdge Limited for the year ended
31 October 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of BonvilstonEdge Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of BonvilstonEdge Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than BonvilstonEdge Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that BonvilstonEdge Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of BonvilstonEdge Limited. You consider that BonvilstonEdge 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 accounts of BonvilstonEdge 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 accounts.
STAS Ltd
253 Cowbridge Road West
Cardiff
CF5 5TD
30 July 2024
BonvilstonEdge Limited
Statement of financial position
as at 31 October 2023
Tangible assets
41,793
34,208
Cash at bank and in hand
5,109
3,127
Creditors: amounts falling due within one year
(2,838)
(325)
Net current assets
11,280
24,148
Total assets less current liabilities
53,073
58,356
Creditors: amounts falling due after more than one year
(71,503)
(49,998)
Net (liabilities)/assets
(18,430)
8,358
Called up share capital
2
2
Profit and loss account
(18,432)
8,356
Shareholders' funds
(18,430)
8,358
For the year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2024 and were signed on its behalf by
G Evans
Director
Company Registration No. 12941380
BonvilstonEdge Limited
Notes to the Accounts
for the year ended 31 October 2023
BonvilstonEdge Limited is a private company, limited by shares, registered in England and Wales, registration number 12941380. The registered office is THE QUAD SHEEPCOURT BARNS, BONVILSTON, CARDIFF, CF5 6TR, WALES.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the provision of services is recognised time of completion.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
4 years
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
The accounts have been prepared on the going concern basis, as the directors believes that the company will begin to trade profitability. The directors and shareholders will continue to financially support the company to a maximum amount of £20,000 for a period of 12 months from the date of these financial statements. This support will be reviewed at that time. The directors loans will not be called in.
BonvilstonEdge Limited
Notes to the Accounts
for the year ended 31 October 2023
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2022
6,360
34,313
2,908
43,581
Additions
-
15,130
4,734
19,864
At 31 October 2023
6,360
49,443
7,642
63,445
At 1 November 2022
969
7,872
532
9,373
Charge for the year
1,590
9,809
880
12,279
At 31 October 2023
2,559
17,681
1,412
21,652
At 31 October 2023
3,801
31,762
6,230
41,793
At 31 October 2022
5,391
26,441
2,376
34,208
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
2,513
-
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
9,005
-
Loans from directors
62,498
49,998
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).