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REGISTERED NUMBER: 07077577 (England and Wales)















Unaudited Financial Statements

for the Year Ended

30 November 2023

for

Boon Bespoke Decor Ltd

Boon Bespoke Decor Ltd (Registered number: 07077577)

Contents of the Financial Statements
for the Year Ended 30 November 2023










Page

Company Information 1

Chartered Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


Boon Bespoke Decor Ltd

Company Information
for the Year Ended 30 November 2023







DIRECTOR: Mr Nicholas Boon





SECRETARY: Mrs Debbie Boon





REGISTERED OFFICE: The Old School House
Bale Road
Gunthorpe
Norfolk
NR24 2NX





REGISTERED NUMBER: 07077577 (England and Wales)





ACCOUNTANTS: The Rowleys Partnership Ltd
Chartered Accountants
Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Boon Bespoke Decor Ltd


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Boon Bespoke Decor Ltd for the year ended 30 November 2023 which comprise the Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Boon Bespoke Decor Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Boon Bespoke Decor Ltd and state those matters that we have agreed to state to the director of Boon Bespoke Decor Ltd in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Boon Bespoke Decor Ltd and its director for our work or for this report.

It is your duty to ensure that Boon Bespoke Decor Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Boon Bespoke Decor Ltd. You consider that Boon Bespoke Decor Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Boon Bespoke Decor Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






The Rowleys Partnership Ltd
Chartered Accountants
Charnwood House
Harcourt Way
Meridian Business Park
Leicester
Leicestershire
LE19 1WP


21 November 2024

Boon Bespoke Decor Ltd (Registered number: 07077577)

Statement of Financial Position
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,249 3,843

CURRENT ASSETS
Stocks 200 200
Debtors 5 58 -
Cash at bank 28,962 19,946
29,220 20,146
CREDITORS
Amounts falling due within one year 6 14,408 12,570
NET CURRENT ASSETS 14,812 7,576
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,061

11,419

CREDITORS
Amounts falling due after more than
one year

7

(3,835

)

(5,886

)

PROVISIONS FOR LIABILITIES (747 ) (730 )
NET ASSETS 14,479 4,803

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 14,478 4,802
SHAREHOLDERS' FUNDS 14,479 4,803

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 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.

Boon Bespoke Decor Ltd (Registered number: 07077577)

Statement of Financial Position - continued
30 November 2023


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 21 November 2024 and were signed by:





Mr Nicholas Boon - Director


Boon Bespoke Decor Ltd (Registered number: 07077577)

Notes to the Financial Statements
for the Year Ended 30 November 2023


1. STATUTORY INFORMATION

Boon Bespoke Decor 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.

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 a supply of decorating services. Turnover is recognised when a contract has been completed. When a contract has only been partially completed at the balance sheet date turnover represents the value of the service provided to date based on a proportion of the total expected consideration at completion.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Website development - 25% on cost
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% reducing balance
Computer equipment - 25% on cost

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

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 statement of financial position date.


Boon Bespoke Decor Ltd (Registered number: 07077577)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Website and Motor Computer
development fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 December 2022 1,700 5,598 15,831 - 23,129
Additions - 2,063 - 60 2,123
At 30 November 2023 1,700 7,661 15,831 60 25,252
DEPRECIATION
At 1 December 2022 1,700 4,573 13,013 - 19,286
Charge for year - 998 704 15 1,717
At 30 November 2023 1,700 5,571 13,717 15 21,003
NET BOOK VALUE
At 30 November 2023 - 2,090 2,114 45 4,249
At 30 November 2022 - 1,025 2,818 - 3,843

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Prepayments and accrued income 58 -

Boon Bespoke Decor Ltd (Registered number: 07077577)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans and overdrafts 2,006 1,956
Trade creditors 1,873 3,701
Corporation tax 7,650 4,379
Directors' current accounts 49 1
Accruals and deferred income 2,830 2,533
14,408 12,570

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.11.23 30.11.22
£    £   
Bank loans - 1-2 years 2,057 2,005
Bank loans - 2-5 years 1,778 3,881
3,835 5,886

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.11.23 30.11.22
value: £    £   
1 Ordinary £1 1 1