Company Registration No. 07853159 (England and Wales)
Banks Office Supplies Limited
Unaudited accounts
for the year ended 30 November 2023
Banks Office Supplies Limited
Unaudited accounts
Contents
Banks Office Supplies Limited
Company Information
for the year ended 30 November 2023
Company Number
07853159 (England and Wales)
Registered Office
Unit 6, Bassetts Business Units
Hurricane Way
North Weald, Epping
Essex
CM16 6AA
United Kingdom
Accountants
Geppert & Co
PO Box 9938
Epping
Essex
CM16 9BF
Banks Office Supplies Limited
Statement of financial position
as at 30 November 2023
Tangible assets
1,123
3,875
Cash at bank and in hand
478
19
Creditors: amounts falling due within one year
(493)
(2,604)
Net current assets
26,339
19,201
Total assets less current liabilities
27,462
23,076
Creditors: amounts falling due after more than one year
(11,164)
(15,398)
Called up share capital
100
100
Profit and loss account
16,198
7,578
Shareholders' funds
16,298
7,678
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 18 September 2024 and were signed on its behalf by
Tom Owen
Director
Company Registration No. 07853159
Banks Office Supplies Limited
Notes to the Accounts
for the year ended 30 November 2023
Banks Office Supplies Limited is a private company, limited by shares, registered in England and Wales, registration number 07853159. The registered office is Unit 6, Bassetts Business Units, Hurricane Way, North Weald, Epping, Essex, CM16 6AA, United Kingdom.
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:
Plant & machinery
20% on reducing balance
Fixtures & fittings
20% on reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2022
4,000
10,000
1,000
15,000
At 30 November 2023
4,000
10,000
1,000
15,000
At 1 December 2022
2,650
7,500
975
11,125
Charge for the year
252
2,500
-
2,752
At 30 November 2023
2,902
10,000
975
13,877
At 30 November 2023
1,098
-
25
1,123
At 30 November 2022
1,350
2,500
25
3,875
Banks Office Supplies Limited
Notes to the Accounts
for the year ended 30 November 2023
Amounts falling due within one year
Trade debtors
21,865
18,091
6
Creditors: amounts falling due within one year
2023
2022
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).