1 July 2023 false No description of principal activity Taxfiler 2024.6 08671632business:PrivateLimitedCompanyLtd2023-07-012024-06-30 086716322023-06-30 086716322023-07-012024-06-30 08671632business:AuditExempt-NoAccountantsReport2023-07-012024-06-30 08671632business:AbridgedAccounts2023-07-012024-06-30 086716322024-06-30 086716322023-06-30 08671632core:WithinOneYear2024-06-30 08671632core:WithinOneYear2023-06-30 08671632core:AfterOneYear2024-06-30 08671632core:AfterOneYear2023-06-30 08671632core:ShareCapitalcore:PreviouslyStatedAmount2024-06-30 08671632core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 08671632core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-06-30 08671632core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 08671632core:PreviouslyStatedAmount2024-06-30 08671632core:PreviouslyStatedAmount2023-06-30 08671632business:SmallEntities2023-07-012024-06-30 08671632business:Director12023-07-012024-06-30 08671632countries:EnglandWales2023-07-012024-06-30 08671632business:RegisteredOffice2023-07-012024-06-30 08671632core:PlantMachinery2023-07-012024-06-30 08671632core:MotorVehicles2023-07-012024-06-30 086716322022-07-012023-06-30 iso4217:GBP xbrli:pure
Company Registration No. 08671632 (England and Wales)
BULSTOCK LIMITED Unaudited accounts for the year ended 30 June 2024
BULSTOCK LIMITED Unaudited accounts Contents
Page
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BULSTOCK LIMITED Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,354 
18,009 
Current assets
Inventories
211,106 
150,258 
Debtors
210,751 
243,390 
Cash at bank and in hand
236,840 
174,710 
658,697 
568,358 
Creditors: amounts falling due within one year
(303,632)
(209,088)
Net current assets
355,065 
359,270 
Total assets less current liabilities
358,419 
377,279 
Creditors: amounts falling due after more than one year
(28,000)
(40,000)
Net assets
330,419 
337,279 
Capital and reserves
Called up share capital
51 
51 
Profit and loss account
330,368 
337,228 
Shareholders' funds
330,419 
337,279 
For the year ending 30 June 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 and authorised for issue on 20 March 2025 and were signed on its behalf by
Petre Petrov Director Company Registration No. 08671632
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BULSTOCK LIMITED Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
BULSTOCK LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08671632. The registered office is 2e Graham Road, Harrow, Middlesex, HA3 5RF, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
Motor vehicles
20% straight line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Foreign exchange
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.
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BULSTOCK LIMITED Notes to the Accounts for the year ended 30 June 2024
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 July 2023
90,754 
Additions
4,600 
At 30 June 2024
95,354 
Depreciation
At 1 July 2023
72,745 
Charge for the year
19,255 
At 30 June 2024
92,000 
Net book value
At 30 June 2024
3,354 
At 30 June 2023
18,009 
5
Average number of employees
During the year the average number of employees was 10 (2023: 10).
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