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REGISTERED NUMBER: OC332574 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Bespoke Auto Developments LLP

Bespoke Auto Developments LLP (Registered number: OC332574)






Contents of the Financial Statements
for the year ended 31 March 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

Bespoke Auto Developments LLP

General Information
for the year ended 31 March 2024







DESIGNATED MEMBERS: I G Beckenham
F P Beckenham
J Beckenham





REGISTERED OFFICE: St George's Court
Winnington Avenue
Northwich
Cheshire
CW8 4EE





REGISTERED NUMBER: OC332574 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Limited
Chartered Accountants
St George's Court
Winnington Avenue
Northwich
Cheshire
CW8 4EE

Bespoke Auto Developments LLP (Registered number: OC332574)

Balance Sheet
31 March 2024

2024 2023
Notes £ £
FIXED ASSETS
Tangible assets 4 7,310 8,600

CURRENT ASSETS
Stocks 315,867 312,786
Debtors 5 15,682 18,803
Cash at bank and in hand 7,475 39,745
339,024 371,334
CREDITORS
Amounts falling due within one year 6 (50,894 ) (45,457 )
NET CURRENT ASSETS 288,130 325,877
TOTAL ASSETS LESS CURRENT
LIABILITIES

295,440

334,477

CREDITORS
Amounts falling due after more than one year 7 (231,104 ) (247,168 )
NET ASSETS ATTRIBUTABLE TO MEMBERS 64,336 87,309

LOANS AND OTHER DEBTS DUE TO
MEMBERS

9

64,336

87,309

TOTAL MEMBERS' INTERESTS
Loans and other debts due to members 9 64,336 87,309

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2024.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

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

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 20 January 2025 and were signed by:





I G Beckenham - Designated member

Bespoke Auto Developments LLP (Registered number: OC332574)

Notes to the Financial Statements
for the year ended 31 March 2024

1. STATUTORY INFORMATION

Bespoke Auto Developments LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General Information page.

The presentation currency of the financial statements is the 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. 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
Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes the original purchase price of the asset and the costs attributable to bringing the asset to its working condition for its intended use.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life or, if held under finance lease, over the lease term, whichever is shorter as follows:

Improvements to property- 20% on cost
Plant and machinery- 15% on reducing balance

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

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the income statement.

Cash and cash equivalents
Cash and cash equivalents includes cash in hand, cash held with banks and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Where these ae depreciating assets. those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciate over their estimated useful lives or the lease term, whichever is the shorter.
The interest element of these obligations is charged to the Income Statement over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEE INFORMATION

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

Bespoke Auto Developments LLP (Registered number: OC332574)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Improvements Plant and
to property machinery Totals
£ £ £
COST
At 1 April 2023
and 31 March 2024 1,880 30,036 31,916
DEPRECIATION
At 1 April 2023 1,880 21,436 23,316
Charge for year - 1,290 1,290
At 31 March 2024 1,880 22,726 24,606
NET BOOK VALUE
At 31 March 2024 - 7,310 7,310
At 31 March 2023 - 8,600 8,600

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 8,304 12,594
Prepayments & accrued income 7,378 6,209
15,682 18,803

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 9,566 9,314
Hire purchase contracts 21,005 17,659
Trade creditors 15,657 14,866
VAT 3,416 2,368
Accrued expenses 1,250 1,250
50,894 45,457

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£ £
Bank loans - 1-2 years 9,808 9,549
Bank loans - 2-5 years 2,292 12,804
Hire purchase contracts 219,004 224,815
231,104 247,168

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£ £
Hire purchase contracts 240,009 242,474

The hire purchase contracts are secured over the assets to which they relate.

Bespoke Auto Developments LLP (Registered number: OC332574)

Notes to the Financial Statements - continued
for the year ended 31 March 2024

9. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank after other creditors.

Chartered Accountants' Report to the Members
on the Unaudited Financial Statements of
Bespoke Auto Developments LLP

The following reproduces the text of the report prepared for the members in respect of the LLP's annual unaudited financial statements. In accordance with the Companies Act 2006, the LLP is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Members 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, we have prepared for your approval the financial statements of Bespoke Auto Developments LLP for the year ended 31 March 2024 which comprise the Income Statement, Balance Sheet and the related notes from the LLP'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 members of Bespoke Auto Developments LLP, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Bespoke Auto Developments LLP and state those matters that we have agreed to state to the members of Bespoke Auto Developments LLP, as a body, 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 Bespoke Auto Developments LLP and its members, as a body, for our work or for this report.

It is your duty to ensure that Bespoke Auto Developments LLP 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 loss of Bespoke Auto Developments LLP. You consider that Bespoke Auto Developments LLP 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 Bespoke Auto Developments LLP. 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.






Bennett Brooks & Co Limited
Chartered Accountants
St George's Court
Winnington Avenue
Northwich
Cheshire
CW8 4EE


20 January 2025