Registered number
02205181
Bard Street Limited
Company limited by guarantee
Filleted Accounts
for the year ended
31 March 2024
Bard Street Limited
Registered number: 02205181
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Current assets
Debtors 3 7,713 2,197
Cash at bank and in hand 58,340 47,398
66,053 49,595
Creditors: amounts falling due within one year 4 (16,647) (25,078)
Net current assets 49,406 24,517
Net assets 49,406 24,517
Capital and reserves
Reserves funds for major works 5 11,000 -
Reserves account 38,406 24,517
Member's funds 49,406 24,517
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
A Wilson
Director
Approved by the board on 30 August 2024
Bard Street Limited
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover represents service charges charged to the leaseholders of Bard Street.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Debtors 2024 2023
£ £
Trade debtors 7,713 2,197
4 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 469 6,243
Other creditors 16,178 18,835
16,647 25,078
5 Reserves funds for major works 2024 2023
£ £
Reserve collected in year 11,000 -
At 31 March 2024 11,000 -
6 Reserves account
The Company's reserve funds are retained for future expenditure in accordance with the lease. Any excess for the year is retained to add to the reserve account as agreed at the Company's AGM.
7 Other information
Bard Street Limited is a private company limited by guarantee and incorporated in England. Its registered office is:
c/o Digitus
363a Dunstable Road
Luton
LU4 8BY
Bard Street Limited 02205181 false 2023-04-01 2024-03-31 2024-03-31 VT Final Accounts April 2024 A Wilson No description of principal activity 02205181 2022-04-01 2023-03-31 02205181 core:RevaluationReserve core:LandBuildings 2022-04-01 2023-03-31 02205181 core:WithinOneYear 2023-03-31 02205181 core:OtherReservesSubtotal 2023-03-31 02205181 core:RetainedEarningsAccumulatedLosses 2023-03-31 02205181 core:RevaluationReserve 2023-03-31 02205181 2023-04-01 2024-03-31 02205181 bus:CompanyLimitedByGuarantee 2023-04-01 2024-03-31 02205181 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 02205181 bus:Director40 2023-04-01 2024-03-31 02205181 1 2023-04-01 2024-03-31 02205181 2 2023-04-01 2024-03-31 02205181 core:RevaluationReserve core:LandBuildings 2023-04-01 2024-03-31 02205181 countries:England 2023-04-01 2024-03-31 02205181 bus:FRS102 2023-04-01 2024-03-31 02205181 bus:FilletedAccounts 2023-04-01 2024-03-31 02205181 2024-03-31 02205181 core:WithinOneYear 2024-03-31 02205181 core:OtherReservesSubtotal 2024-03-31 02205181 core:RetainedEarningsAccumulatedLosses 2024-03-31 02205181 core:RevaluationReserve 2024-03-31 02205181 2023-03-31 iso4217:GBP xbrli:pure