REGISTERED NUMBER: |
BUNNY HALL GROUP LTD |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 10TH NOVEMBER 2022 TO 31ST MARCH 2024 |
REGISTERED NUMBER: |
BUNNY HALL GROUP LTD |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD 10TH NOVEMBER 2022 TO 31ST MARCH 2024 |
BUNNY HALL GROUP LTD (REGISTERED NUMBER: 14477008) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 10TH NOVEMBER 2022 TO 31ST MARCH 2024 |
Page |
Balance Sheet | 1 |
Notes to the Financial Statements | 2 | to | 3 |
BUNNY HALL GROUP LTD (REGISTERED NUMBER: 14477008) |
BALANCE SHEET |
31ST MARCH 2024 |
Notes | £ |
CURRENT ASSETS |
Stocks |
Debtors | 4 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 5 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES | ( |
) |
CAPITAL AND RESERVES |
Called up share capital | 7 |
Retained earnings | ( |
) |
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 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 |
BUNNY HALL GROUP LTD (REGISTERED NUMBER: 14477008) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 10TH NOVEMBER 2022 TO 31ST MARCH 2024 |
1. | STATUTORY INFORMATION |
Bunny Hall Group Ltd is a |
Registered number: |
Registered office: |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £. |
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated. |
The compay is supported by shareholder and external borrowings in connection with a development project, which are not scheduled for repayment until completion of that project. The project is expected to be completed in the forthecoming year. |
Accordingly at the time of signing these accounts the directors are of the opinion that the company will remain viable for the foreseeable future and therefore these financial statements have been prepared on the going concern basis. |
Stocks |
Stocks and work in progress are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. |
Financial instruments |
The company only enters into transactions in ‘basic’ financial instruments which result in the recognition of assets and liabilities; these include trade and other debtors and creditors, bank balances, loans from banks and other third parties, and loans to related parties. These are recognised in the company’s balance sheet when it becomes party to the contractual provisions of the instrument. |
Basic financial assets (other than those classified as payable within one year) are initially measured at cost and are subsequently carried at cost or amortised cost using the effective interest method, less any impairment losses. Basic financial assets classed as receivable within one year are not amortised. |
Basic financial liabilities (other than those classified as payable within one year) are initially measured at present value of future cash flows and subsequently at amortised cost using the effective interest method. Basic financial liabilities classed as payable within one year are not amortised. |
Financial assets and liabilities are offset, with the net amount reported in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. |
BUNNY HALL GROUP LTD (REGISTERED NUMBER: 14477008) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 10TH NOVEMBER 2022 TO 31ST MARCH 2024 |
2. | ACCOUNTING POLICIES - continued |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Other debtors |
5. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Bank loans and overdrafts |
Trade creditors |
Other creditors |
6. | SECURED DEBTS |
The following secured debts are included within creditors: |
£ |
Bank loans |
Bank loans are secured by a fixed and floating charge over the assets of the company. |
7. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal |
value: | £ |
Ordinary | 1 | 100 |
8. | RELATED PARTY DISCLOSURES |