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Registration number: 00610625

Bulmer Investments Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 August 2024

 

Bulmer Investments Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 7

 

Bulmer Investments Limited

(Registration number: 00610625)
Balance Sheet as at 31 August 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

2,377

661

Other financial assets

5

76,323

44,902

 

78,700

45,563

Current assets

 

Debtors

6

4,828

82,121

Cash at bank and in hand

 

56,883

89,196

 

61,711

171,317

Creditors: Amounts falling due within one year

7

(6,690)

(4,190)

Net current assets

 

55,021

167,127

Net assets

 

133,721

212,690

Capital and reserves

 

Called up share capital

8

34

34

Other reserves

1,476

7

Retained earnings

132,211

212,649

Shareholders' funds

 

133,721

212,690

For the financial year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

 

Bulmer Investments Limited

(Registration number: 00610625)
Balance Sheet as at 31 August 2024

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 10 April 2025 and signed on its behalf by:
 

.........................................
Mr N J L Chance
Company secretary and director

 

Bulmer Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Jesmond House
Bourton Road
Clanfield
Bampton
OX18 2PB

These financial statements were authorised for issue by the Board on 10 April 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

 

Bulmer Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

Depreciation

Depreciation is calculated so as to write off the cost or valaution of an asset, less its residual value, over the useful economic life of that asset as follows:

Fittings, fixtures and equipment - 25% straight line

If there is an indication that there has been a signficant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

 

Bulmer Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 September 2023

3,327

3,327

Additions

2,785

2,785

At 31 August 2024

6,112

6,112

Depreciation

At 1 September 2023

2,666

2,666

Charge for the year

1,069

1,069

At 31 August 2024

3,735

3,735

Carrying amount

At 31 August 2024

2,377

2,377

At 31 August 2023

661

661

 

Bulmer Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

5

Other financial assets (current and non-current)

Financial assets at fair value through profit and loss
£

Financial assets at cost less impairment
£

Total
£

Non-current financial assets

Cost or valuation

At 1 September 2023

4,256

40,647

44,903

Fair value adjustments

675

-

675

Revaluations

-

1,469

1,469

Additions

40,030

-

40,030

Disposals

(10,754)

-

(10,754)

At 31 August 2024

34,207

42,116

76,323

Impairment

Carrying amount

At 31 August 2024

34,207

42,116

76,323

6

Debtors

2024
£

2023
£

Trade debtors

-

78,908

Prepayments

2,534

-

Other debtors

2,294

3,213

4,828

82,121

 

Bulmer Investments Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

7

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

2,786

-

Taxation and social security

989

645

Accruals and deferred income

2,915

2,000

Other creditors

-

1,545

6,690

4,190

8

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Called up share capital of £0.10 each

341

34

341

34

       

9

Reserves

The changes to each component of equity resulting from items of other comprehensive income for the current year were as follows:

Other reserves
£

Total
£

Other reserves - other movement

1,469

1,469