PTP Accounts Production v24.1.0.578 07162005 director 1.3.23 29.2.24 29.2.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh071620052023-02-28071620052024-02-29071620052023-03-012024-02-29071620052022-02-28071620052022-03-012023-02-28071620052023-02-2807162005ns15:EnglandWales2023-03-012024-02-2907162005ns14:PoundSterling2023-03-012024-02-2907162005ns10:Director12023-03-012024-02-2907162005ns10:PrivateLimitedCompanyLtd2023-03-012024-02-2907162005ns10:SmallEntities2023-03-012024-02-2907162005ns10:AuditExempt-NoAccountantsReport2023-03-012024-02-2907162005ns10:SmallCompaniesRegimeForDirectorsReport2023-03-012024-02-2907162005ns10:SmallCompaniesRegimeForAccounts2023-03-012024-02-2907162005ns10:FullAccounts2023-03-012024-02-2907162005ns10:OrdinaryShareClass12023-03-012024-02-2907162005ns10:RegisteredOffice2023-03-012024-02-2907162005ns5:CurrentFinancialInstruments2024-02-2907162005ns5:CurrentFinancialInstruments2023-02-2807162005ns5:Non-currentFinancialInstruments2024-02-2907162005ns5:Non-currentFinancialInstruments2023-02-2807162005ns5:ShareCapital2024-02-2907162005ns5:ShareCapital2023-02-2807162005ns5:RetainedEarningsAccumulatedLosses2024-02-2907162005ns5:RetainedEarningsAccumulatedLosses2023-02-2807162005ns5:LandBuildings2023-02-2807162005ns5:PlantMachinery2023-02-2807162005ns5:FurnitureFittings2023-02-2807162005ns5:LandBuildings2023-03-012024-02-2907162005ns5:PlantMachinery2023-03-012024-02-2907162005ns5:FurnitureFittings2023-03-012024-02-2907162005ns5:LandBuildings2024-02-2907162005ns5:PlantMachinery2024-02-2907162005ns5:FurnitureFittings2024-02-2907162005ns5:LandBuildings2023-02-2807162005ns5:PlantMachinery2023-02-2807162005ns5:FurnitureFittings2023-02-2807162005ns5:MotorVehicles2023-02-2807162005ns5:ComputerEquipment2023-02-2807162005ns5:MotorVehicles2023-03-012024-02-2907162005ns5:ComputerEquipment2023-03-012024-02-2907162005ns5:MotorVehicles2024-02-2907162005ns5:ComputerEquipment2024-02-2907162005ns5:MotorVehicles2023-02-2807162005ns5:ComputerEquipment2023-02-2807162005ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-02-2907162005ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2807162005ns5:DeferredTaxation2023-02-2807162005ns5:DeferredTaxation2023-03-012024-02-2907162005ns5:DeferredTaxation2024-02-2907162005ns10:OrdinaryShareClass12024-02-29
REGISTERED NUMBER: 07162005 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Bespoke Shutters & Blinds Limited

Bespoke Shutters & Blinds Limited (Registered number: 07162005)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bespoke Shutters & Blinds Limited

Company Information
for the Year Ended 29 February 2024







DIRECTOR: Mr R S Pearce





REGISTERED OFFICE: SRB Associates (Leicestershire) Limited
Pera Business Park
Nottingham Road
Melton Mowbray
Leicestershire
LE13 0PB





REGISTERED NUMBER: 07162005 (England and Wales)





ACCOUNTANTS: SRB Associates (Leicestershire) Limited
Pera Business Park
Nottingham Road
Melton Mowbray
Leicestershire
LE13 0PB

Bespoke Shutters & Blinds Limited (Registered number: 07162005)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 49,168 44,681

CURRENT ASSETS
Stocks 5 3,568 1,001
Debtors 6 88,118 84,867
Prepayments and accrued income 716 420
Cash at bank and in hand 28,978 37,185
121,380 123,473
CREDITORS
Amounts falling due within one year 7 36,983 44,225
NET CURRENT ASSETS 84,397 79,248
TOTAL ASSETS LESS CURRENT
LIABILITIES

133,565

123,929

CREDITORS
Amounts falling due after more than one year 8 (15,000 ) (25,000 )

PROVISIONS FOR LIABILITIES 9 (2,613 ) (2,831 )
NET ASSETS 115,952 96,098

CAPITAL AND RESERVES
Called up share capital 10 2 2
Retained earnings 115,950 96,096
SHAREHOLDERS' FUNDS 115,952 96,098

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Bespoke Shutters & Blinds Limited (Registered number: 07162005)

Balance Sheet - continued
29 February 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 director and authorised for issue on 27 August 2024 and were signed by:





Mr R S Pearce - Director


Bespoke Shutters & Blinds Limited (Registered number: 07162005)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Bespoke Shutters & Blinds 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 represents amounts receivable for goods and services net of VAT and trade discounts.

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 assets, other than investment properties and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset over its expected useful life, as follows:

Plant and machinery - 20% Reducing Balance Basis
Fixtures, fittings and equipment - 25% Reducing Balance Basis
Motor vehicles - 20% Reducing Balance Basis
Computer equipment - 33.33% Straight Line Basis

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

Bespoke Shutters & Blinds Limited (Registered number: 07162005)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
COST
At 1 March 2023 29,781 886 2,933
Additions 5,632 326 2,433
At 29 February 2024 35,413 1,212 5,366
DEPRECIATION
At 1 March 2023 - 244 2,803
Charge for year - 194 639
At 29 February 2024 - 438 3,442
NET BOOK VALUE
At 29 February 2024 35,413 774 1,924
At 28 February 2023 29,781 642 130

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 March 2023 26,995 6,905 67,500
Additions - - 8,391
At 29 February 2024 26,995 6,905 75,891
DEPRECIATION
At 1 March 2023 13,173 6,599 22,819
Charge for year 2,765 306 3,904
At 29 February 2024 15,938 6,905 26,723
NET BOOK VALUE
At 29 February 2024 11,057 - 49,168
At 28 February 2023 13,822 306 44,681

Bespoke Shutters & Blinds Limited (Registered number: 07162005)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

5. STOCKS
29.2.24 28.2.23
£    £   
Stocks 1,901 93
Work-in-progress 1,667 908
3,568 1,001

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 46,617 38,029
Other debtors 41,501 46,838
88,118 84,867

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 1,438 662
Taxation and social security 25,316 33,288
Other creditors 229 275
36,983 44,225

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 28.2.23
£    £   
Bank loans 15,000 25,000

9. PROVISIONS FOR LIABILITIES
29.2.24 28.2.23
£    £   
Deferred tax 2,613 2,831

Deferred
tax
£   
Balance at 1 March 2023 2,831
Credit to Income Statement during year (218 )
Balance at 29 February 2024 2,613

Bespoke Shutters & Blinds Limited (Registered number: 07162005)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
2 Ordinary £1 2 2

11. ULTIMATE CONTROLLING PARTY

The controlling party is Mr R S Pearce the director of the company. Mr R S Pearce owns 100% of the issued share capital.