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REGISTERED NUMBER: 02149374























UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023

FOR

BERGANZA LIMITED

BERGANZA LIMITED (REGISTERED NUMBER: 02149374)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


BERGANZA LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTORS: Mr P Daughters
Mr J S Daughters





REGISTERED OFFICE: 88-90 Hatton Garden
Hatton Garden
London
EC1N 8PN





REGISTERED NUMBER: 02149374





ACCOUNTANTS: Guner Associates
Chartered Accountants
39 Hendon Lane
Finchley
London
N3 1RY

BERGANZA LIMITED (REGISTERED NUMBER: 02149374)

ABRIDGED STATEMENT OF FINANCIAL POSITION
31 AUGUST 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 - -
Tangible assets 6 130,760 130,760
130,760 130,760

CURRENT ASSETS
Stocks 1,110,590 1,110,590
Debtors 856,706 856,706
Cash at bank and in hand 766,663 766,663
2,733,959 2,733,959
CREDITORS
Amounts falling due within one year 499,863 499,863
NET CURRENT ASSETS 2,234,096 2,234,096
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,364,856

2,364,856

CAPITAL AND RESERVES
Called up share capital 7 600 600
Retained earnings 8 2,364,256 2,364,256
SHAREHOLDERS' FUNDS 2,364,856 2,364,856

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

BERGANZA LIMITED (REGISTERED NUMBER: 02149374)

ABRIDGED STATEMENT OF FINANCIAL POSITION - continued
31 AUGUST 2023


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

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 31 August 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 30 August 2024 and were signed on its behalf by:




Mr P Daughters - Director



Mr J S Daughters - Director


BERGANZA LIMITED (REGISTERED NUMBER: 02149374)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1. STATUTORY INFORMATION

Berganza Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 any accumulated amortisation and any accumulated impairment losses.

Website development are being amortised evenly over their estimated useful life of nil years.

Intangible fixed assets
The company capitalises expenditure incurred on website development and amortise such expenditure over three years being the directors' estimate of useful life.

The carrying value of intangible fixed assets is reviewed for impairment at the end of each year if events or changes in circumstances indicate the carrying value may not be recoverable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on cost
Computer equipment - 33% on cost

The carrying values of tangible fixed assets is reviewed for impairment at the end of each year if events or changes in circumstances indicate the carrying value may not be recoverable.

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 statement of financial position date.


BERGANZA LIMITED (REGISTERED NUMBER: 02149374)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023

3. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Covid - 19
The directors have assessed the impact of Covid-19 on the company's operations and results and do not consider this pandemic to have a significant effect on the long term viability of the organisation. The directors therefore continue to adopt the going concern in preparing these financial statements.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2022 - 11 ) .

5. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 September 2022
and 31 August 2023 45,199
AMORTISATION
At 1 September 2022
and 31 August 2023 45,199
NET BOOK VALUE

At 31 August 2023 -
At 31 August 2022 -

BERGANZA LIMITED (REGISTERED NUMBER: 02149374)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023

6. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 September 2022
and 31 August 2023 413,516
DEPRECIATION
At 1 September 2022
and 31 August 2023 282,756
NET BOOK VALUE
At 31 August 2023 130,760
At 31 August 2022 130,760

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
600 Ordinary £1 600 600

8. RESERVES
Retained
earnings
£   

At 1 September 2022 2,364,256
Profit for the year -
At 31 August 2023 2,364,256

9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr P Daughters.

The ultimate controlling party is Mr P Daughters.