Registration number:
A & JM Bunting Limited
for the Period from 1 April 2024 to 31 August 2024
A & JM Bunting Limited
Contents
Company Information |
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Balance Sheet |
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Notes to the Unaudited Financial Statements |
A & JM Bunting Limited
Company Information
Directors |
Mr A Bunting Mrs J M Bunting |
Registered office |
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Accountants |
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A & JM Bunting Limited
(Registration number: 06748903)
Balance Sheet as at 31 August 2024
Note |
2024 |
2024 |
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Fixed assets |
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Tangible assets |
- |
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Other financial assets |
- |
1,256 |
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- |
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Current assets |
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Stocks |
- |
10,135 |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets |
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Total assets less current liabilities |
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Provisions for liabilities |
- |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
102 |
102 |
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Retained earnings |
398,232 |
423,071 |
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Shareholders' funds |
398,334 |
423,173 |
For the financial period ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
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• |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
A & JM Bunting Limited
(Registration number: 06748903)
Balance Sheet as at 31 August 2024 (continued)
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 and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland'.
Approved and authorised by the
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A & JM Bunting Limited
Notes to the Unaudited Financial Statements for the Period from 1 April 2024 to 31 August 2024
General information |
The company is a private company limited by share capital incorporated in United Kingdom registration number: 06748903.
The address of its registered office is:
United Kingdom
The company ceased trading on 31 August 2024.
These financial statements were authorised for issue by the
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 smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
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.
The presentation currency is £ sterling.
A & JM Bunting Limited
Notes to the Unaudited Financial Statements for the Period from 1 April 2024 to 31 August 2024 (continued)
2 |
Accounting policies (continued) |
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
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 |
Buildings |
5% straight line basis |
Plant and machinery |
15% reducing balance |
Computer equipment |
33% straight line basis |
Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.
Biological assets, living plants and animals are included at the lower of cost and estimated selling price less costs to sell. Cost is determined on a first in first out basis, net realisable value is based on estimated selling price, less any costs which may arise on realisation. Purchased livestock is valued at cost of purchase plus costs of rearing to the valuation date or to maturity, if earlier. Livestock which is homebred, farm reared or acquired some time before maturity and matured on the farm is valued at deemed cost at the following rates: cattle and sheep 60% and 75% of open market value, herds and flocks on herd basis.
Staff numbers |
The average number of persons employed by the company (including directors) during the period, was
A & JM Bunting Limited
Notes to the Unaudited Financial Statements for the Period from 1 April 2024 to 31 August 2024 (continued)
Tangible assets |
Land and buildings |
Furniture, fittings and equipment |
Plant and machinery |
Total |
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Cost or valuation |
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At 1 April 2024 |
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Disposals |
( |
( |
( |
( |
At 31 August 2024 |
- |
- |
- |
- |
Depreciation |
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At 1 April 2024 |
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Eliminated on disposal |
( |
( |
( |
( |
At 31 August 2024 |
- |
- |
- |
- |
Carrying amount |
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At 31 August 2024 |
- |
- |
- |
- |
At 31 March 2024 |
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Debtors |
Current |
2024 |
2024 |
Trade debtors |
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- |
Prepayments |
- |
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Other debtors |
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A & JM Bunting Limited
Notes to the Unaudited Financial Statements for the Period from 1 April 2024 to 31 August 2024 (continued)
Creditors |
Creditors: amounts falling due within one year
2024 |
2024 |
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Due within one year |
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Trade creditors |
- |
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Taxation and social security |
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Accruals and deferred income |
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Other creditors |
- |
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Related party transactions |
At 1 April 2024 £111,711 was owed to the company by the directors. During the period the directors were advanced £104,911 and repaid £51,145. The amount owed to the company at 31 August 2024 and the maximum amount outstanding during the period was £165,477. The loan was repayable on demand and was subject to interest charged at the official rate of interest.