IRIS Accounts Production v24.2.0.383 02950971 Board of Directors 1.11.22 31.10.23 31.10.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure029509712022-10-31029509712023-10-31029509712022-11-012023-10-31029509712021-10-31029509712021-11-012022-10-31029509712022-10-3102950971ns16:EnglandWales2022-11-012023-10-3102950971ns15:PoundSterling2022-11-012023-10-3102950971ns11:Director12022-11-012023-10-3102950971ns11:PrivateLimitedCompanyLtd2022-11-012023-10-3102950971ns11:SmallEntities2022-11-012023-10-3102950971ns11:AuditExempt-NoAccountantsReport2022-11-012023-10-3102950971ns11:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3102950971ns11:SmallCompaniesRegimeForAccounts2022-11-012023-10-3102950971ns11:FullAccounts2022-11-012023-10-3102950971ns11:Director22022-11-012023-10-3102950971ns11:Director32022-11-012023-10-3102950971ns11:Director42022-11-012023-10-3102950971ns11:Director52022-11-012023-10-3102950971ns11:RegisteredOffice2022-11-012023-10-3102950971ns6:CurrentFinancialInstruments2023-10-3102950971ns6:CurrentFinancialInstruments2022-10-3102950971ns6:Non-currentFinancialInstruments2023-10-3102950971ns6:Non-currentFinancialInstruments2022-10-3102950971ns6:ShareCapital2023-10-3102950971ns6:ShareCapital2022-10-3102950971ns6:RetainedEarningsAccumulatedLosses2023-10-3102950971ns6:RetainedEarningsAccumulatedLosses2022-10-3102950971ns6:LandBuildings2022-10-3102950971ns6:PlantMachinery2022-10-3102950971ns6:FurnitureFittings2022-10-3102950971ns6:LandBuildings2022-11-012023-10-3102950971ns6:PlantMachinery2022-11-012023-10-3102950971ns6:FurnitureFittings2022-11-012023-10-3102950971ns6:LandBuildings2023-10-3102950971ns6:PlantMachinery2023-10-3102950971ns6:FurnitureFittings2023-10-3102950971ns6:LandBuildings2022-10-3102950971ns6:PlantMachinery2022-10-3102950971ns6:FurnitureFittings2022-10-3102950971ns6:MotorVehicles2022-10-3102950971ns6:ComputerEquipment2022-10-3102950971ns6:MotorVehicles2022-11-012023-10-3102950971ns6:ComputerEquipment2022-11-012023-10-3102950971ns6:MotorVehicles2023-10-3102950971ns6:ComputerEquipment2023-10-3102950971ns6:MotorVehicles2022-10-3102950971ns6:ComputerEquipment2022-10-3102950971ns6:WithinOneYearns6:CurrentFinancialInstruments2023-10-3102950971ns6:WithinOneYearns6:CurrentFinancialInstruments2022-10-31
REGISTERED NUMBER: 02950971 (England and Wales)








Unaudited Financial Statements

for the Year Ended

31 October 2023

for

Bucklescale Limited

Bucklescale Limited (Registered number: 02950971)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Bucklescale Limited

Company Information
for the Year Ended 31 October 2023







DIRECTORS: B S Davies
Mrs C I Davies
Mrs C Ince
G Davies
G Davies





REGISTERED OFFICE: Unit 21 Enterprise Trading Estate
Pedmore Road
Brierley Hill
West Midlands
DY5 1TX





REGISTERED NUMBER: 02950971 (England and Wales)





ACCOUNTANTS: Nicklin Accountancy Services Limited
Church Court
Stourbridge Road
Halesowen
West Midlands
B63 3TT

Bucklescale Limited (Registered number: 02950971)

Balance Sheet
31 October 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 320,720 277,975

CURRENT ASSETS
Stocks 421,691 404,179
Debtors 5 776,715 878,329
Cash at bank 44,680 90,825
1,243,086 1,373,333
CREDITORS
Amounts falling due within one year 6 905,608 1,092,444
NET CURRENT ASSETS 337,478 280,889
TOTAL ASSETS LESS CURRENT
LIABILITIES

658,198

558,864

CREDITORS
Amounts falling due after more than one
year

7

(171,080

)

(126,800

)

PROVISIONS FOR LIABILITIES (78,980 ) (46,230 )
NET ASSETS 408,138 385,834

CAPITAL AND RESERVES
Called up share capital 15,200 15,200
Retained earnings 392,938 370,634
SHAREHOLDERS' FUNDS 408,138 385,834

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 October 2024 and were signed on its behalf by:



G Davies - Director


Bucklescale Limited (Registered number: 02950971)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

Bucklescale Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2022 - 23 ) .

Bucklescale Limited (Registered number: 02950971)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 November 2022 940 11,067 255,904
Additions - - 19,917
Disposals - - (7,719 )
At 31 October 2023 940 11,067 268,102
DEPRECIATION
At 1 November 2022 940 4,196 114,257
Charge for year - 2,651 22,347
Eliminated on disposal - - (3,623 )
At 31 October 2023 940 6,847 132,981
NET BOOK VALUE
At 31 October 2023 - 4,220 135,121
At 31 October 2022 - 6,871 141,647

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 November 2022 142,192 196,363 606,466
Additions 145,752 5,900 171,569
Disposals (52,440 ) - (60,159 )
At 31 October 2023 235,504 202,263 717,876
DEPRECIATION
At 1 November 2022 48,844 160,254 328,491
Charge for year 50,373 19,672 95,043
Eliminated on disposal (22,755 ) - (26,378 )
At 31 October 2023 76,462 179,926 397,156
NET BOOK VALUE
At 31 October 2023 159,042 22,337 320,720
At 31 October 2022 93,348 36,109 277,975

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 125,162 137,722
Amounts owed by group undertakings 502,595 319,445
Other debtors 148,958 421,162
776,715 878,329

Bucklescale Limited (Registered number: 02950971)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 20,000 20,000
Hire purchase contracts 28,892 16,711
Trade creditors 444,453 608,425
Taxation and social security 145,778 146,087
Other creditors 266,485 301,221
905,608 1,092,444

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 30,000 50,000
Hire purchase contracts 141,080 76,800
171,080 126,800

8. RELATED PARTY DISCLOSURES

Other creditors include £1,045 owed to the directors at 31st October 2023.