REGISTERED NUMBER: |
Booth-Clibborn Limited |
Unaudited Financial Statements |
for the Year Ended 31 October 2023 |
REGISTERED NUMBER: |
Booth-Clibborn Limited |
Unaudited Financial Statements |
for the Year Ended 31 October 2023 |
Booth-Clibborn Limited (Registered number: 10424337) |
Contents of the Financial Statements |
for the year ended 31 October 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
Booth-Clibborn Limited |
Company Information |
for the year ended 31 October 2023 |
Directors: |
Registered office: |
Registered number: |
Accountants: |
New Derwent House |
69-73 Theobalds Road |
London |
WC1X 8TA |
Booth-Clibborn Limited (Registered number: 10424337) |
Balance Sheet |
31 October 2023 |
2023 | 2022 |
Notes | £ | £ |
Current assets |
Stocks |
Debtors | 4 |
Cash at bank |
Creditors |
Amounts falling due within one year | 5 |
Net current assets |
Total assets less current liabilities |
Creditors |
Amounts falling due after more than one year |
6 |
Net assets |
Capital and reserves |
Called up share capital | 7 |
Retained earnings | 8 |
Shareholders' funds |
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. |
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 |
Booth-Clibborn Limited (Registered number: 10424337) |
Notes to the Financial Statements |
for the year ended 31 October 2023 |
1. | Statutory information |
Booth-Clibborn Limited is a |
2. | Accounting policies |
Basis of preparing the financial statements |
Going concern |
The financial statements have been prepared on a going concern basis. The Directors have reviewed and considered relevant information, including the annual budget in making their assessment. The Directors have concluded that is is appropriate to adopt the going concern basis in preparing the annual report and accounts. |
Turnover |
Turnover represents amounts receivable for goods and services provided in the year and is stated net of VAT. |
Stocks |
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
3. | Employees and directors |
The average number of employees during the year was NIL (2022 - NIL). |
4. | Debtors: amounts falling due within one year |
2023 | 2022 |
£ | £ |
Other debtors |
5. | Creditors: amounts falling due within one year |
2023 | 2022 |
£ | £ |
Bank loans and overdrafts |
Trade creditors |
Taxation and social security |
Other creditors |
6. | Creditors: amounts falling due after more than one year |
2023 | 2022 |
£ | £ |
Bank loans |
The bank loan is secured by way of fixed and floating charge over the assets of this company and of Contemporary Editions Limited a related company under common ownership. |
7. | Called up share capital |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2023 | 2022 |
value: | £ | £ |
Ordinary | £1 | 100 | 100 |
Booth-Clibborn Limited (Registered number: 10424337) |
Notes to the Financial Statements - continued |
for the year ended 31 October 2023 |
8. | Reserves |
Retained |
earnings |
£ |
At 1 November 2022 |
Profit for the year |
At 31 October 2023 |
9. | Related party disclosures |
During the year the company was charged commission and management charges amounting to £Nil (2022: £205,000) and made sales of £425,000 (2022 : £519,000) to companies under common control. |
In addition, purchases of £495,000 (2022: £Nil) were made from the director. As at the year-end the company owed the director £495,000 (2022: £Nil) |
At the year-end date Other Debtors includes a balance of £587,089 owing to companies under common control (2022: £250,534) and Other Creditors includes £205,000 (2022: £205,000) owing from companies under common control. |