10328704falseChocolate manufacturer2023-09-012024-08-31http://www.companieshouse.gov.uk/2023-08-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-08-31http://www.companieshouse.gov.uk/cd:Director12023-09-012024-08-31http://www.companieshouse.gov.uk/pt:SharePremium2023-08-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-08-31http://www.companieshouse.gov.uk/pt:SharePremium2024-08-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-09-012024-08-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-09-012024-08-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-09-012024-08-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-08-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-08-31http://www.companieshouse.gov.uk/2023-09-012024-08-31http://www.companieshouse.gov.uk/2023-08-31http://www.companieshouse.gov.uk/cd:FRS1022023-09-012024-08-31http://www.companieshouse.gov.uk/2024-08-31http://www.companieshouse.gov.uk/cd:FullAccounts2023-09-012024-08-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-09-012024-08-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 10328704
Bullion Group Ltd
ACCOUNTS
FOR THE YEAR ENDED 31/08/2024
Prepared By:
Lindrick Accountancy Services Ltd
205 Outgang Lane
Dinnington
Sheffield
S25 3QY
Bullion Group Ltd
ACCOUNTS
FOR THE YEAR ENDED 31/08/2024
DIRECTORS
Max Scotford
REGISTERED OFFICE
4 Highgate Drive
Dronfield
S18 1UD
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 10328704
ACCOUNTANTS
Lindrick Accountancy Services Ltd
205 Outgang Lane
Dinnington
Sheffield
S25 3QY
Bullion Group Ltd
ACCOUNTS
FOR THEYEARENDED31/08/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
Bullion Group Ltd
BALANCE SHEET AT 31/08/2024
20242023
Notes££
FIXED ASSETS
Tangible assets335,28234,631
CURRENT ASSETS
Stock19,11619,116
Debtors553,07747,981
72,19367,097
CREDITORS: Amounts falling due within one year687,60888,066
NET CURRENT LIABILITIES(15,415)(20,969)
TOTAL ASSETS LESS CURRENT LIABILITIES19,86713,662
CREDITORS: Amounts falling due after more than one year722,33626,022
NET LIABILITIES(2,469)(12,360)
CAPITAL AND RESERVES
Called up share capital817,4434
Share premium account9-17,439
Profit and loss account(19,912)(29,803)
SHAREHOLDERS' FUNDS(2,469)(12,360)
For the year ending 31/08/2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 23/05/2025 and signed on their behalf by
.............................
Max Scotford
Director
Bullion Group Ltd
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/08/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinery %
Equipment %
Motor Cars %
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
2. EMPLOYEES
20242023
No.No.
Average number of employees54
Bullion Group Ltd
3. TANGIBLE FIXED ASSETS
Plant and
Machinery Etc.Total
££
Cost
At 01/09/202399,74099,740
Additions20,45720,457
Disposals(25,542)(25,542)
At 31/08/202494,65594,655
Depreciation
At 01/09/202365,08165,081
Disposals(17,460)(17,460)
For the year11,75211,752
At 31/08/202459,37359,373
Net Book Amounts
At 31/08/202435,28235,282
At 31/08/202334,65934,659
4. STOCK 20242023
££
Stock comprises:
Stock19,11619,116
19,11619,116
5. DEBTORS 20242023
££
Amounts falling due within one year:
Trade debtors19,51418,544
Other debtors33,56329,437
53,07747,981
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Bank loans and overdrafts12,47011,556
Taxation and social security6,3581,430
Other creditors68,78075,080
87,60888,066
Bullion Group Ltd
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans and overdrafts22,33626,022
22,33626,022
Included in other creditors are:
8. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
400 Ordinary shares of £.01 each44
17,4434
9. SHARE PREMIUM ACCOUNT 20242023
££
Share premium account-17,439