Silverfin false false 29/02/2024 01/03/2023 29/02/2024 Mr J C Beaufoy 25/01/2008 20 September 2024 The principal activity of the Company during the financial year was publishing activities. 06472138 2024-02-29 06472138 bus:Director1 2024-02-29 06472138 2023-02-28 06472138 core:CurrentFinancialInstruments 2024-02-29 06472138 core:CurrentFinancialInstruments 2023-02-28 06472138 core:ShareCapital 2024-02-29 06472138 core:ShareCapital 2023-02-28 06472138 core:RetainedEarningsAccumulatedLosses 2024-02-29 06472138 core:RetainedEarningsAccumulatedLosses 2023-02-28 06472138 core:OfficeEquipment 2023-02-28 06472138 core:OfficeEquipment 2024-02-29 06472138 bus:OrdinaryShareClass1 2024-02-29 06472138 2023-03-01 2024-02-29 06472138 bus:FilletedAccounts 2023-03-01 2024-02-29 06472138 bus:SmallEntities 2023-03-01 2024-02-29 06472138 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 06472138 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 06472138 bus:Director1 2023-03-01 2024-02-29 06472138 core:OfficeEquipment 2023-03-01 2024-02-29 06472138 2022-03-01 2023-02-28 06472138 bus:OrdinaryShareClass1 2023-03-01 2024-02-29 06472138 bus:OrdinaryShareClass1 2022-03-01 2023-02-28 iso4217:GBP xbrli:pure xbrli:shares

Company No: 06472138 (England and Wales)

JOHN BEAUFOY PUBLISHING LIMITED

Unaudited Financial Statements
For the financial year ended 29 February 2024
Pages for filing with the registrar

JOHN BEAUFOY PUBLISHING LIMITED

Unaudited Financial Statements

For the financial year ended 29 February 2024

Contents

JOHN BEAUFOY PUBLISHING LIMITED

COMPANY INFORMATION

For the financial year ended 29 February 2024
JOHN BEAUFOY PUBLISHING LIMITED

COMPANY INFORMATION (continued)

For the financial year ended 29 February 2024
DIRECTOR Mr J C Beaufoy
SECRETARY Mr B R K Moorhead
REGISTERED OFFICE Ground Floor Blackbrook Gate 1
Blackbrook Business Park
Taunton
TA1 2PX
United Kingdom
COMPANY NUMBER 06472138 (England and Wales)
CHARTERED ACCOUNTANTS Francis Clark LLP
Blackbrook Gate 1
Blackbrook Business Park
Taunton
Somerset TA1 2PX
JOHN BEAUFOY PUBLISHING LIMITED

BALANCE SHEET

As at 29 February 2024
JOHN BEAUFOY PUBLISHING LIMITED

BALANCE SHEET (continued)

As at 29 February 2024
Note 2024 2023
£ £
Fixed assets
Tangible assets 3 475 633
475 633
Current assets
Stocks 4 46,944 46,957
Debtors 5 118,825 93,952
Cash at bank and in hand 220,027 164,355
385,796 305,264
Creditors: amounts falling due within one year 6 ( 107,435) ( 52,204)
Net current assets 278,361 253,060
Total assets less current liabilities 278,836 253,693
Net assets 278,836 253,693
Capital and reserves
Called-up share capital 7 1 1
Profit and loss account 278,835 253,692
Total shareholder's funds 278,836 253,693

For the financial year ending 29 February 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of John Beaufoy Publishing Limited (registered number: 06472138) were approved and authorised for issue by the Director on 20 September 2024. They were signed on its behalf by:

Mr J C Beaufoy
Director
JOHN BEAUFOY PUBLISHING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 29 February 2024
JOHN BEAUFOY PUBLISHING LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 29 February 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

John Beaufoy Publishing Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Ground Floor, Blackbrook Gate 1, Blackbrook Business Park, Taunton, TA1 2PX, United Kingdom.

The financial statements have been prepared under the historical cost convention, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts. The company recognises revenue when goods have been despatched.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Office equipment 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Stocks

Stock and work in progress are valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

3. Tangible assets

Office equipment Total
£ £
Cost
At 01 March 2023 4,830 4,830
At 29 February 2024 4,830 4,830
Accumulated depreciation
At 01 March 2023 4,197 4,197
Charge for the financial year 158 158
At 29 February 2024 4,355 4,355
Net book value
At 29 February 2024 475 475
At 28 February 2023 633 633

4. Stocks

2024 2023
£ £
Stocks 45,106 36,507
Work in progress 1,838 10,450
46,944 46,957

5. Debtors

2024 2023
£ £
Trade debtors 110,255 81,977
Other debtors 8,570 11,975
118,825 93,952

6. Creditors: amounts falling due within one year

2024 2023
£ £
Trade creditors 81,048 40,113
Taxation and social security 18,621 7,807
Other creditors 7,766 4,284
107,435 52,204

7. Called-up share capital

2024 2023
£ £
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00 1 1

8. Related party transactions

Transactions with the entity's director

Advances

Advances made to the director during the year ended 28 February 2024 totalled £29,021 (2023: £5,521) and repayments of £34,542 (2023: £Nil) were made. As at 28 February 2024, the amount due to the company was £nil (2023: 5,521). Interest was payable on balances over £10,000 at HMRC's official rate of interest.