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REGISTERED NUMBER: 12289000 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

Bargain Hunt Limited

Bargain Hunt Limited (Registered number: 12289000)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bargain Hunt Limited

Company Information
for the Year Ended 31 October 2024







DIRECTOR: S S Dua





SECRETARY:





REGISTERED OFFICE: Fordham Excelsior Close
Kingston Upon Thames
Surrey
KT1 3EL





REGISTERED NUMBER: 12289000 (England and Wales)





ACCOUNTANTS: SK Associates Ltd
1 Agincourt Villas
Uxbridge Road
Hillingdon
Middlesex
UB10 0NX

Bargain Hunt Limited (Registered number: 12289000)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,123 3,036

CURRENT ASSETS
Stocks 83,927 16,916
Debtors 5 407,413 379,802
Cash at bank and in hand 115,468 24,843
606,808 421,561
CREDITORS
Amounts falling due within one year 6 421,569 284,490
NET CURRENT ASSETS 185,239 137,071
TOTAL ASSETS LESS CURRENT
LIABILITIES

188,362

140,107

CREDITORS
Amounts falling due after more than
one year

7

64,672

92,378
NET ASSETS 123,690 47,729

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 123,590 47,629
123,690 47,729

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

Bargain Hunt Limited (Registered number: 12289000)

Balance Sheet - continued
31 October 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 3 February 2025 and were signed by:





S S Dua - Director


Bargain Hunt Limited (Registered number: 12289000)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

Bargain Hunt 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 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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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

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.

Bargain Hunt Limited (Registered number: 12289000)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2023 4,663
Additions 868
At 31 October 2024 5,531
DEPRECIATION
At 1 November 2023 1,627
Charge for year 781
At 31 October 2024 2,408
NET BOOK VALUE
At 31 October 2024 3,123
At 31 October 2023 3,036

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade debtors 203,690 216,706
Other debtors 203,723 163,096
407,413 379,802

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Trade creditors 244,548 141,367
Taxation and social security 41,534 28,348
Other creditors 135,487 114,775
421,569 284,490

Bargain Hunt Limited (Registered number: 12289000)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans 24,148 40,820
Taxation and social security 524 11,558
Other creditors 40,000 40,000
64,672 92,378

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2024 and 31 October 2023:

31.10.24 31.10.23
£    £   
S S Dua
Balance outstanding at start of year 90,302 66,516
Amounts advanced - 23,786
Amounts repaid (26,600 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 63,702 90,302