IRIS Accounts Production v24.1.0.578 02531404 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh025314042023-04-30025314042024-04-30025314042023-05-012024-04-30025314042022-04-30025314042022-05-012023-04-30025314042023-04-3002531404ns15:EnglandWales2023-05-012024-04-3002531404ns14:PoundSterling2023-05-012024-04-3002531404ns10:Director12023-05-012024-04-3002531404ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3002531404ns10:SmallEntities2023-05-012024-04-3002531404ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3002531404ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3002531404ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3002531404ns10:FullAccounts2023-05-012024-04-300253140412023-05-012024-04-3002531404ns10:OrdinaryShareClass12023-05-012024-04-3002531404ns10:Director22023-05-012024-04-3002531404ns10:Director32023-05-012024-04-3002531404ns10:RegisteredOffice2023-05-012024-04-3002531404ns5:CurrentFinancialInstruments2024-04-3002531404ns5:CurrentFinancialInstruments2023-04-3002531404ns5:Non-currentFinancialInstruments2024-04-3002531404ns5:Non-currentFinancialInstruments2023-04-3002531404ns5:ShareCapital2024-04-3002531404ns5:ShareCapital2023-04-3002531404ns5:RetainedEarningsAccumulatedLosses2024-04-3002531404ns5:RetainedEarningsAccumulatedLosses2023-04-3002531404ns5:NetGoodwill2023-05-012024-04-3002531404ns5:ComputerEquipment2023-05-012024-04-3002531404ns5:NetGoodwill2023-04-3002531404ns5:NetGoodwill2024-04-3002531404ns5:NetGoodwill2023-04-3002531404ns5:ComputerEquipment2023-04-3002531404ns5:ComputerEquipment2024-04-3002531404ns5:ComputerEquipment2023-04-3002531404ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3002531404ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-3002531404ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2024-04-3002531404ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-04-3002531404ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-04-3002531404ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-04-3002531404ns5:WithinOneYear2024-04-3002531404ns5:WithinOneYear2023-04-3002531404ns5:BetweenOneFiveYears2024-04-3002531404ns5:BetweenOneFiveYears2023-04-3002531404ns5:AllPeriods2024-04-3002531404ns5:AllPeriods2023-04-3002531404ns5:DeferredTaxation2023-04-3002531404ns5:DeferredTaxation2023-05-012024-04-3002531404ns5:DeferredTaxation2024-04-3002531404ns10:OrdinaryShareClass12024-04-30
REGISTERED NUMBER: 02531404 (England and Wales)



UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

B.S.W MARQUEES LTD

B.S.W MARQUEES LTD (REGISTERED NUMBER: 02531404)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


B.S.W MARQUEES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: A Wastell
B Wastell
L Norfolk





REGISTERED OFFICE: Station Road
Rayne
Braintree
Essex
CM77 6RX





REGISTERED NUMBER: 02531404 (England and Wales)





ACCOUNTANTS: Lucentum Business Services Ltd
Beckwith Barn
Warren Estate
Lordship Road
Chelmsford
Essex
CM1 3WT

B.S.W MARQUEES LTD (REGISTERED NUMBER: 02531404)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 67,660 51,002
67,660 51,002

CURRENT ASSETS
Debtors 6 19,363 30,148
Cash at bank 13,168 6,432
32,531 36,580
CREDITORS
Amounts falling due within one year 7 76,559 70,385
NET CURRENT LIABILITIES (44,028 ) (33,805 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,632

17,197

CREDITORS
Amounts falling due after more than
one year

8

(21,312

)

(25,069

)

PROVISIONS FOR LIABILITIES 10 - (9,692 )
NET ASSETS/(LIABILITIES) 2,320 (17,564 )

CAPITAL AND RESERVES
Called up share capital 11 100 100
Retained earnings 2,220 (17,664 )
SHAREHOLDERS' FUNDS 2,320 (17,564 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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.

B.S.W MARQUEES LTD (REGISTERED NUMBER: 02531404)

BALANCE SHEET - continued
30 APRIL 2024


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 4 November 2024 and were signed on its behalf by:





L Norfolk - Director


B.S.W MARQUEES LTD (REGISTERED NUMBER: 02531404)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

B.S.W Marquees Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


Amounts are rounded to the nearest Pound Sterling (£).

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 represents income from the hiring of marquees, excluding value added tax.
Turnover is recognised at the point that the service is provided.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 1997, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant & equipment - 20% on reducing balance

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.

B.S.W MARQUEES LTD (REGISTERED NUMBER: 02531404)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

2. ACCOUNTING POLICIES - continued

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.

Going concern
At the balance sheet date the company had net liabilities. The directors have agreed to provide ongoing financial support to the company to enable it to meet its liabilities as they fall due. Accordingly, these financial statements have been prepared on a going concern basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 12 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 203,515
AMORTISATION
At 1 May 2023
and 30 April 2024 203,515
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 -

B.S.W MARQUEES LTD (REGISTERED NUMBER: 02531404)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

5. TANGIBLE FIXED ASSETS
Plant &
equipment
£   
COST
At 1 May 2023 358,402
Additions 32,370
Disposals (33,233 )
At 30 April 2024 357,539
DEPRECIATION
At 1 May 2023 307,400
Charge for year 12,630
Eliminated on disposal (30,151 )
At 30 April 2024 289,879
NET BOOK VALUE
At 30 April 2024 67,660
At 30 April 2023 51,002

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 7,880 5,860
Other debtors 9,050 22,308
Directors' loan accounts 2,433 1,980
19,363 30,148

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,850 6,500
Social security and other taxes 7,236 8,400
Pension 1,008 881
VAT 15,740 12,178
Other creditors 43,823 39,704
Directors' loan accounts 170 -
Accrued expenses 2,732 2,722
76,559 70,385

B.S.W MARQUEES LTD (REGISTERED NUMBER: 02531404)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 7,800 7,800
Bank loans - 2-5 years 13,512 17,269
21,312 25,069

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 5,189 -
Between one and five years 15,998 -
21,187 -

10. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax
Accelerated capital allowances - 9,692

Deferred
tax
£   
Balance at 1 May 2023 9,692
Provided during year (9,692 )
Balance at 30 April 2024 -

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

12. PENSION COMMITMENTS

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to a fund and amounted to £5,383 (2023: £4,210). Contributions totalling £1,008 (2023: £881) were payable to the fund at the balance sheet date.