IRIS Accounts Production v25.1.3.33 08756629 Board of Directors 1.11.23 31.10.24 31.10.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh087566292023-10-31087566292024-10-31087566292023-11-012024-10-31087566292022-10-31087566292022-11-012023-10-31087566292023-10-3108756629ns15:EnglandWales2023-11-012024-10-3108756629ns14:PoundSterling2023-11-012024-10-3108756629ns10:Director12023-11-012024-10-3108756629ns10:PrivateLimitedCompanyLtd2023-11-012024-10-3108756629ns10:SmallEntities2023-11-012024-10-3108756629ns10:AuditExempt-NoAccountantsReport2023-11-012024-10-3108756629ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3108756629ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3108756629ns10:FullAccounts2023-11-012024-10-3108756629ns10:Director22023-11-012024-10-3108756629ns10:RegisteredOffice2023-11-012024-10-3108756629ns5:CurrentFinancialInstruments2024-10-3108756629ns5:CurrentFinancialInstruments2023-10-3108756629ns5:Non-currentFinancialInstruments2024-10-3108756629ns5:Non-currentFinancialInstruments2023-10-3108756629ns5:ShareCapital2024-10-3108756629ns5:ShareCapital2023-10-3108756629ns5:RetainedEarningsAccumulatedLosses2024-10-3108756629ns5:RetainedEarningsAccumulatedLosses2023-10-3108756629ns5:LandBuildings2023-11-012024-10-3108756629ns5:PlantMachinery2023-11-012024-10-3108756629ns5:LandBuildings2023-10-3108756629ns5:PlantMachinery2023-10-3108756629ns5:LandBuildings2024-10-3108756629ns5:PlantMachinery2024-10-3108756629ns5:LandBuildings2023-10-3108756629ns5:PlantMachinery2023-10-3108756629ns5:WithinOneYearns5:CurrentFinancialInstruments2024-10-3108756629ns5:WithinOneYearns5:CurrentFinancialInstruments2023-10-31
REGISTERED NUMBER: 08756629 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2024

for

Bournemouth High Performance Ltd

Bournemouth High Performance Ltd (Registered number: 08756629)






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


Bournemouth High Performance Ltd

Company Information
for the Year Ended 31 October 2024







DIRECTORS: D G Hunt
T W Holborn





REGISTERED OFFICE: 21 Church Road
Parkstone
Poole
Dorset
BH14 8UF





REGISTERED NUMBER: 08756629 (England and Wales)





ACCOUNTANT: Richard Allen & Associates
21 Church Road
Parkstone
Poole
Dorset
BH14 8UF

Bournemouth High Performance Ltd (Registered number: 08756629)

Balance Sheet
31 October 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 819,787 770,333

CURRENT ASSETS
Stocks 1,821,121 1,460,595
Debtors 5 185,816 272,005
Cash at bank and in hand 315,817 319,975
2,322,754 2,052,575
CREDITORS
Amounts falling due within one year 6 2,221,301 1,843,101
NET CURRENT ASSETS 101,453 209,474
TOTAL ASSETS LESS CURRENT
LIABILITIES

921,240

979,807

CREDITORS
Amounts falling due after more than one
year

7

(433,162

)

(537,594

)

PROVISIONS FOR LIABILITIES (45,578 ) (28,589 )
NET ASSETS 442,500 413,624

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 442,498 413,622
SHAREHOLDERS' FUNDS 442,500 413,624

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 directors acknowledge their 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.

Bournemouth High Performance Ltd (Registered number: 08756629)

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 Board of Directors and authorised for issue on 2 June 2025 and were signed on its behalf by:





D G Hunt - Director


Bournemouth High Performance Ltd (Registered number: 08756629)

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

1. STATUTORY INFORMATION

Bournemouth High Performance Ltd 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 as modified by the revaluation of certain assets.

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.
Land and buildings - Not provided
Plant and machinery etc - 33% on cost, 25% on reducing balance, 15% on reducing balance and Not provided

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Bournemouth High Performance Ltd (Registered number: 08756629)

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 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 November 2023 750,000 55,736 805,736
Additions - 24,264 24,264
Revaluations 31,408 - 31,408
Reclassification/transfer 17,592 (17,592 ) -
At 31 October 2024 799,000 62,408 861,408
DEPRECIATION
At 1 November 2023 - 35,403 35,403
Charge for year - 6,218 6,218
At 31 October 2024 - 41,621 41,621
NET BOOK VALUE
At 31 October 2024 799,000 20,787 819,787
At 31 October 2023 750,000 20,333 770,333

Cost or valuation at 31 October 2024 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2022 53,498 - 53,498
Valuation in 2023 69,433 - 69,433
Valuation in 2024 31,408 - 31,408
Cost 644,661 62,408 707,069
799,000 62,408 861,408

If freehold property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 644,661 546,502

Freehold property was valued on a fair value basis on 31 October 2024 by the directors .

Bournemouth High Performance Ltd (Registered number: 08756629)

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

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,000 2,300
Other debtors 183,816 269,705
185,816 272,005

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,800 10,800
Trade creditors 632,433 313,394
Taxation and social security 57,131 28,916
Other creditors 1,520,937 1,489,991
2,221,301 1,843,101

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 241,633 249,990
Other creditors 191,529 287,604
433,162 537,594

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 198,433 206,790
Other loans more 5yrs instal - 31,179
198,433 237,969