Acorah Software Products - Accounts Production 16.1.300 false true 30 April 2023 1 May 2022 false 1 May 2023 30 April 2024 30 April 2024 07216610 Mr M Bullett iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07216610 2023-04-30 07216610 2024-04-30 07216610 2023-05-01 2024-04-30 07216610 frs-core:CurrentFinancialInstruments 2024-04-30 07216610 frs-core:Non-currentFinancialInstruments 2024-04-30 07216610 frs-core:MotorVehicles 2024-04-30 07216610 frs-core:MotorVehicles 2023-05-01 2024-04-30 07216610 frs-core:MotorVehicles 2023-04-30 07216610 frs-core:PlantMachinery 2024-04-30 07216610 frs-core:PlantMachinery 2023-05-01 2024-04-30 07216610 frs-core:PlantMachinery 2023-04-30 07216610 frs-core:ShareCapital 2024-04-30 07216610 frs-core:RetainedEarningsAccumulatedLosses 2024-04-30 07216610 frs-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 07216610 frs-bus:FilletedAccounts 2023-05-01 2024-04-30 07216610 frs-bus:SmallEntities 2023-05-01 2024-04-30 07216610 frs-bus:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 07216610 frs-bus:SmallCompaniesRegimeForAccounts 2023-05-01 2024-04-30 07216610 frs-bus:Director1 2023-05-01 2024-04-30 07216610 frs-countries:EnglandWales 2023-05-01 2024-04-30 07216610 2022-04-30 07216610 2023-04-30 07216610 2022-05-01 2023-04-30 07216610 frs-core:CurrentFinancialInstruments 2023-04-30 07216610 frs-core:Non-currentFinancialInstruments 2023-04-30 07216610 frs-core:ShareCapital 2023-04-30 07216610 frs-core:RetainedEarningsAccumulatedLosses 2023-04-30
Registered number: 07216610
Bullett Joinery Limited
Unaudited Financial Statements
For The Year Ended 30 April 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 07216610
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 29,579 3,052
29,579 3,052
CURRENT ASSETS
Stocks 5 1,000 1,000
Debtors 6 2,280 4,951
Cash at bank and in hand 15,180 1,124
18,460 7,075
Creditors: Amounts Falling Due Within One Year 7 (2,831 ) (4,172 )
NET CURRENT ASSETS (LIABILITIES) 15,629 2,903
TOTAL ASSETS LESS CURRENT LIABILITIES 45,208 5,955
Creditors: Amounts Falling Due After More Than One Year 8 (66,187 ) (18,715 )
NET LIABILITIES (20,979 ) (12,760 )
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account (20,980 ) (12,761 )
SHAREHOLDERS' FUNDS (20,979) (12,760)
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For the year ending 30 April 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr M Bullett
Director
13 January 2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Bullett Joinery Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07216610 . The registered office is Unit 17 17 Argall Ave, London, E10 7QE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 33% & 25% Straight Line
Motor Vehicles 20% Reducing Balance
2.4. Stocks and Work in Progress
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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2023: 1)
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4. Tangible Assets
Plant & Machinery Motor Vehicles Total
£ £ £
Cost
As at 1 May 2023 9,261 - 9,261
Additions 2,548 31,959 34,507
As at 30 April 2024 11,809 31,959 43,768
Depreciation
As at 1 May 2023 6,209 - 6,209
Provided during the period 1,588 6,392 7,980
As at 30 April 2024 7,797 6,392 14,189
Net Book Value
As at 30 April 2024 4,012 25,567 29,579
As at 1 May 2023 3,052 - 3,052
5. Stocks
2024 2023
£ £
Stock 1,000 1,000
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors - 2,951
Prepayments and accrued income 280 -
Other debtors 2,000 2,000
2,280 4,951
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Bank loans and overdrafts - 3,000
VAT 686 212
Other creditors 1,170 -
Accruals and deferred income 975 960
2,831 4,172
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8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans - 6,250
Directors loan account 66,187 12,465
66,187 18,715
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
10. Related Party Transactions
Included in other creditors is £66,187 (2023 - £12,465) due to a director of the company.  
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