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Registration number: 06696455

Bedford Shelving Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 December 2023

 

Bedford Shelving Limited

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

Bedford Shelving Limited

(Registration number: 06696455)
Balance Sheet as at 31 December 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

5

5

145

Current assets

 

Stocks

64,481

134,553

Debtors

6

580,591

653,895

Cash at bank and in hand

 

23,782

15,296

 

668,854

803,744

Creditors: Amounts falling due within one year

7

(217,388)

(366,317)

Net current assets

 

451,466

437,427

Total assets less current liabilities

 

451,471

437,572

Creditors: Amounts falling due after more than one year

7

(34,024)

(39,650)

Net assets

 

417,447

397,922

Capital and reserves

 

Called up share capital

100

100

Retained earnings

417,347

397,822

Shareholders' funds

 

417,447

397,922

For the financial year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 19 September 2024
 

.........................................
Mr Wesley Michael Spencer Dance
Director

 

Bedford Shelving Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Craven House
Manse Lane
Knaresborough
HG5 8ET

These financial statements were authorised for issue by the director on 19 September 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

25% on Straight line (Fully w/off)

Office equipment

33% on Straight line

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Goodwill

Fully written off

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2022 - 2).

 

Bedford Shelving Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

4

Intangible assets

Goodwill
 £

Total
£

Cost or valuation

At 1 January 2023

175,000

175,000

At 31 December 2023

175,000

175,000

Amortisation

At 1 January 2023

175,000

175,000

At 31 December 2023

175,000

175,000

Carrying amount

At 31 December 2023

-

-

5

Tangible assets

Plant and machinery
£

Office equipment
£

Total
£

Cost or valuation

At 1 January 2023

3,500

5,586

9,086

At 31 December 2023

3,500

5,586

9,086

Depreciation

At 1 January 2023

3,500

5,440

8,940

Charge for the year

-

141

141

At 31 December 2023

3,500

5,581

9,081

Carrying amount

At 31 December 2023

-

5

5

At 31 December 2022

-

145

145

6

Debtors

Current

Note

2023
£

2022
£

Trade debtors

 

261,298

380,352

Amounts owed by group undertakings

8

319,293

273,136

Other debtors

 

-

407

   

580,591

653,895

 

Bedford Shelving Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2023

7

Creditors

Creditors: amounts falling due within one year

Note

2023
£

2022
£

Due within one year

 

Bank loans and overdrafts

5,645

71,646

Trade creditors

 

18,474

16,757

Amounts owed to parent undertakings

8

99,686

66,197

Taxation and social security

 

53,800

37,586

Accruals and deferred income

 

-

117,794

Other creditors

 

39,783

56,337

 

217,388

366,317

Creditors: amounts falling due after more than one year

Note

2023
£

2022
£

Due after one year

 

Loans and borrowings

34,024

39,650

8

Related party transactions

Summary of transactions with parent

CBB Group Ltd
(Parent company)

 Bedford Shelving Limited is 100% subsidiary of CBB Group Ltd.
There were no disclosable transactions during the year. At the balance sheet date the amount due to CBB Group Ltd was £99,686 (2022 - £66,197).

 

Summary of transactions with associates

Craven & Co Ltd
(A company under common control)

 During the year Bedford Shelving Ltd made purchases of £90,326 (2022 - £394,869) from Craven & Co Ltd and made sales of £235,748 (2022 - £194,017) to Craven & Co Ltd. At the balance sheet date the amount due from Craven & Co Ltd was £319,293 (2022 - £240,965).