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REGISTERED NUMBER: 05315833 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 November 2023

for

Bridge Violins Limited

Bridge Violins Limited (Registered number: 05315833)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

Bridge Violins Limited

Company Information
for the Year Ended 30 November 2023







DIRECTORS: P J Bridgewater
Ms C R C Jones





SECRETARY: Ms C R C Jones





REGISTERED OFFICE: 28 Boston Road
Sleaford
Lincolnshire
NG34 6LX





REGISTERED NUMBER: 05315833 (England and Wales)





ACCOUNTANTS: Prestige Accounting Limited T/A Simon Moss & Co
The Finance Centre
34a Southgate
Sleaford
Lincolnshire
NG34 7RY

Bridge Violins Limited (Registered number: 05315833)

Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1,596 1,915
Tangible assets 5 925 1,156
2,521 3,071

CURRENT ASSETS
Stocks 53,110 76,118
Debtors 6 53,926 43,622
Cash at bank 6,391 20,941
113,427 140,681
CREDITORS
Amounts falling due within one year 7 58,473 87,672
NET CURRENT ASSETS 54,954 53,009
TOTAL ASSETS LESS CURRENT
LIABILITIES

57,475

56,080

CREDITORS
Amounts falling due after more than one
year

8

(3,833

)

(5,833

)

PROVISIONS FOR LIABILITIES (176 ) (220 )
NET ASSETS 53,466 50,027

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 52,466 49,027
SHAREHOLDERS' FUNDS 53,466 50,027

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

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

Bridge Violins Limited (Registered number: 05315833)

Balance Sheet - continued
30 November 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 9 August 2024 and were signed on its behalf by:





Ms C R C Jones - Director


Bridge Violins Limited (Registered number: 05315833)

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

1. STATUTORY INFORMATION

Bridge Violins 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less accumulated amortisation and any accumulated impairment costs.

Website costs are being amortised evenly over their estimated useful life of 10 years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance and 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3. EMPLOYEES AND DIRECTORS

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

Bridge Violins Limited (Registered number: 05315833)

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

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 December 2022
and 30 November 2023 3,191
AMORTISATION
At 1 December 2022 1,276
Charge for year 319
At 30 November 2023 1,595
NET BOOK VALUE
At 30 November 2023 1,596
At 30 November 2022 1,915

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2022
and 30 November 2023 5,513
DEPRECIATION
At 1 December 2022 4,357
Charge for year 231
At 30 November 2023 4,588
NET BOOK VALUE
At 30 November 2023 925
At 30 November 2022 1,156

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 50,572 40,985
Other debtors 3,354 2,637
53,926 43,622

Bridge Violins Limited (Registered number: 05315833)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 2,000 2,000
Trade creditors 30,897 52,280
Taxation and social security 2,034 7,289
Other creditors 23,542 26,103
58,473 87,672

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.11.22
£    £   
Bank loans 3,833 5,833

Bridge Violins Limited

Report of the Accountants to the Directors of
Bridge Violins 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 Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 November 2023 set out on pages three to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Prestige Accounting Limited T/A Simon Moss & Co
The Finance Centre
34a Southgate
Sleaford
Lincolnshire
NG34 7RY


9 August 2024