Caseware UK (AP4) 2023.0.135 2023.0.135 2023-11-302023-11-30false1true2022-12-01falseNo description of principal activity1trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07065516 2022-12-01 2023-11-30 07065516 2021-12-01 2022-11-30 07065516 2023-11-30 07065516 2022-11-30 07065516 c:Director1 2022-12-01 2023-11-30 07065516 d:PlantMachinery 2022-12-01 2023-11-30 07065516 d:PlantMachinery 2023-11-30 07065516 d:PlantMachinery 2022-11-30 07065516 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 07065516 d:MotorVehicles 2022-12-01 2023-11-30 07065516 d:MotorVehicles 2023-11-30 07065516 d:MotorVehicles 2022-11-30 07065516 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 07065516 d:OfficeEquipment 2022-12-01 2023-11-30 07065516 d:OfficeEquipment 2023-11-30 07065516 d:OfficeEquipment 2022-11-30 07065516 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 07065516 d:OwnedOrFreeholdAssets 2022-12-01 2023-11-30 07065516 d:CurrentFinancialInstruments 2023-11-30 07065516 d:CurrentFinancialInstruments 2022-11-30 07065516 d:CurrentFinancialInstruments d:WithinOneYear 2023-11-30 07065516 d:CurrentFinancialInstruments d:WithinOneYear 2022-11-30 07065516 d:ShareCapital 2023-11-30 07065516 d:ShareCapital 2022-11-30 07065516 d:RetainedEarningsAccumulatedLosses 2023-11-30 07065516 d:RetainedEarningsAccumulatedLosses 2022-11-30 07065516 c:FRS102 2022-12-01 2023-11-30 07065516 c:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 07065516 c:FullAccounts 2022-12-01 2023-11-30 07065516 c:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 07065516 e:PoundSterling 2022-12-01 2023-11-30 iso4217:GBP xbrli:pure

Registered number: 07065516










BESPOKE AUTO INTERIORS LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 NOVEMBER 2023



 
BESPOKE AUTO INTERIORS LIMITED
REGISTERED NUMBER: 07065516

STATEMENT OF FINANCIAL POSITION
AS AT 30 NOVEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 3 
1,944
2,593

  
1,944
2,593

Current assets
  

Stocks
  
875
950

Debtors
  
2,182
7,996

Cash at bank and in hand
  
9,022
434

  
12,079
9,380

Creditors: amounts falling due within one year
 4 
(13,989)
(11,957)

Net current liabilities
  
 
 
(1,910)
 
 
(2,577)

Total assets less current liabilities
  
34
16

  

Net assets
  
34
16


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
32
14

  
34
16


Page 1

 
BESPOKE AUTO INTERIORS LIMITED
REGISTERED NUMBER: 07065516
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 NOVEMBER 2023

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 15 August 2024.




P R Gentle
Director

The notes on pages 3 to 5 form part of these financial statements.

Page 2

 
BESPOKE AUTO INTERIORS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.Accounting policies

 
1.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The presentational currency of the Company is GBP.

The following principal accounting policies have been applied:

 
1.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
1.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
1.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

 
1.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
BESPOKE AUTO INTERIORS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

1.Accounting policies (continued)


1.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant & machinery
-
25%
Reducing balance
Motor vehicles
-
25%
Reducing balance
Office equipment
-
25%
Reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
1.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
1.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
1.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
1.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
1.10

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Page 4

 
BESPOKE AUTO INTERIORS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023

2.


General information

Bespoke Auto Interiors Limited is a private company, limited by shares and incorporated in England.
Its registered number is: 07065516
The address of its Registered office is:
Invision House
Wilbury Way
Hitchin
Hertfordshire
SG4 0TY


3.


Tangible fixed assets





Plant & machinery
Motor vehicles
Office equipment
Total

£
£
£
£



Cost or valuation


At 1 December 2022
13,875
5,325
750
19,950



At 30 November 2023

13,875
5,325
750
19,950



Depreciation


At 1 December 2022
13,546
3,079
732
17,357


Charge for the year on owned assets
82
562
5
649



At 30 November 2023

13,628
3,641
737
18,006



Net book value



At 30 November 2023
247
1,684
13
1,944



At 30 November 2022
329
2,246
18
2,593


4.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
1,740
1,476

Corporation tax
10,810
9,043

Accruals and deferred income
1,439
1,438

13,989
11,957


Page 5

 
BESPOKE AUTO INTERIORS LIMITED
 
 
Page 6