Company Registration No. 08544424 (England and Wales)
Bonitas Management Limited
Unaudited accounts
for the year ended 31 May 2024
Bonitas Management Limited
Unaudited accounts
Contents
Bonitas Management Limited
Company Information
for the year ended 31 May 2024
Directors
Mrs Nicola Sue Rosenthal
Mr Anthony Michael Rosenthal
Company Number
08544424 (England and Wales)
Registered Office
AJP BUSINESS CENTRE
152-154 COLES GREEN ROAD
LONDON
NW2 7HD
Accountants
Jacobs & Company
152 Coles Green Road
London
NW2 7HD
Bonitas Management Limited
Statement of financial position
as at 31 May 2024
Investments
140,579
143,681
Cash at bank and in hand
249,268
21,844
Creditors: amounts falling due within one year
(19,728)
(32,906)
Net current assets
382,110
231,679
Total assets less current liabilities
522,767
375,438
Creditors: amounts falling due after more than one year
(18,333)
(28,333)
Net assets
504,434
347,105
Called up share capital
100
100
Profit and loss account
504,334
347,005
Shareholders' funds
504,434
347,105
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 11 February 2025 and were signed on its behalf by
Mr Anthony Michael Rosenthal
Director
Company Registration No. 08544424
Bonitas Management Limited
Notes to the Accounts
for the year ended 31 May 2024
Bonitas Management Limited is a private company, limited by shares, registered in England and Wales, registration number 08544424. The registered office is AJP BUSINESS CENTRE, 152-154 COLES GREEN ROAD, LONDON, NW2 7HD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% straight line basis
Investments in listed shares and other securities are included at fair value, with changes in fair value recognised in the profit and loss account.
Inventories of trading securities are valued at their market value.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Bonitas Management Limited
Notes to the Accounts
for the year ended 31 May 2024
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2023
1,175
12,266
13,441
At 31 May 2024
1,175
12,266
13,441
At 1 June 2023
1,175
12,188
13,363
At 31 May 2024
1,175
12,188
13,363
5
Investments
Other investments
Valuation at 1 June 2023
143,681
Fair value adjustments
60,320
Valuation at 31 May 2024
140,579
Finished goods
33,472
86,946
Inventories comprise listed securities held as stock.
Amounts falling due within one year
Other debtors
119,098
155,023
Bonitas Management Limited
Notes to the Accounts
for the year ended 31 May 2024
8
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,000
10,000
Taxes and social security
4,358
10
Loans from directors
-
19,925
9
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan @ 2.25% interest with no fixed date of repayment
-
84,075
-
84,075
The loan was repaid in full after the year end.
12
Transactions with related parties
Dividends of £1,000 (2023:£ 2,000) were declared and paid in the year.
13
Average number of employees
During the year the average number of employees was 2 (2023: 2).