Company Registration No. 09852404 (England and Wales)
BASCOTE FARRIERY SERVICES LTD
Unaudited accounts
for the year ended 30 November 2023
BASCOTE FARRIERY SERVICES LTD
Unaudited accounts
Contents
BASCOTE FARRIERY SERVICES LTD
Company Information
for the year ended 30 November 2023
Company Number
09852404 (England and Wales)
Registered Office
Martry Fields Barn, Flecknoe Rd
Broadwell
Warwickshire
CV23 8HS
Accountants
Accounts and Returns Ltd
26 Smith St
Warwick
CV34 4HS
BASCOTE FARRIERY SERVICES LTD
Statement of financial position
as at 30 November 2023
Tangible assets
63,871
75,493
Cash at bank and in hand
1,410
4,373
Creditors: amounts falling due within one year
(42,690)
(38,552)
Net current liabilities
(22,699)
(28,479)
Total assets less current liabilities
41,172
47,014
Creditors: amounts falling due after more than one year
(14,969)
(20,956)
Called up share capital
100
100
Profit and loss account
26,103
25,958
Shareholders' funds
26,203
26,058
For the year ending 30 November 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 director acknowledges his 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 and authorised for issue on 13 August 2024 and were signed on its behalf by
James Hiatt
Director
Company Registration No. 09852404
BASCOTE FARRIERY SERVICES LTD
Notes to the Accounts
for the year ended 30 November 2023
BASCOTE FARRIERY SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 09852404. The registered office is Martry Fields Barn, Flecknoe Rd, Broadwell, Warwickshire, CV23 8HS.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Reducing Balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2022
58,617
78,690
37,600
174,907
Additions
-
20,299
-
20,299
Disposals
-
(30,698)
-
(30,698)
At 30 November 2023
58,617
68,291
37,600
164,508
At 1 December 2022
24,997
45,724
28,693
99,414
Charge for the year
8,405
10,659
2,227
21,291
On disposals
-
(20,068)
-
(20,068)
At 30 November 2023
33,402
36,315
30,920
100,637
At 30 November 2023
25,215
31,976
6,680
63,871
At 30 November 2022
33,620
32,966
8,907
75,493
BASCOTE FARRIERY SERVICES LTD
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
Trade debtors
18,581
4,800
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
9,950
7,613
Loans from directors
28,090
27,184
7
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
14,969
20,956
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Transactions with related parties
During the year, the company received a loan amounting to £28,090 from a member of key management personnel. The loan is to be repaid on demand and interest-free. At the balance sheet date, the loan was still outstanding and is presented within creditors: amounts falling due within one year.
10
Average number of employees
During the year the average number of employees was 2 (2022: 1).