Bunch Floral Design Ltd - Filleted accounts

Registered number

12440120

Bunch Floral Design Ltd

Filleted Accounts

28 February 2025

Bunch Floral Design Ltd
Registered number:		12440120
Balance Sheet
as at 28 February 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		3,514			5,871

Current assets
Stocks		5,000			2,000
Debtors	4	4,003			5,072
Cash at bank and in hand		1,462			1,253
		10,465			8,325

Creditors: amounts falling due within one year	5	(8,093)			(2,882)

Net current assets			2,372			5,443

Total assets less current liabilities			5,886			11,314


Provisions for liabilities			(668)			(1,115)


Net assets			5,218			10,199

Capital and reserves
Called up share capital			1			1
Profit and loss account			5,217			10,198

Shareholders' funds			5,218			10,199

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mrs E V Harwood
Director
Approved by the board on 20 June 2025

Bunch Floral Design Ltd
Notes to the Accounts
for the year ended 28 February 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Motor Vehicles			20% reducing balance
	Fixtures, fittings, tools and equipment			20% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					1		1


3	Tangible fixed assets
				Plant and machinery etc		Motor vehicles		Total
£					£		£
	Cost
	At 29 February 2024			2,000		9,868		11,868
	Additions			-		200		200
	Disposals			-		(1,678)		(1,678)
	At 28 February 2025			2,000		8,390		10,390

	Depreciation
	At 29 February 2024			1,181		4,816		5,997
	Charge for the year			164		715		879
	At 28 February 2025			1,345		5,531		6,876

	Net book value
	At 28 February 2025			655		2,859		3,514
	At 28 February 2024			819		5,052		5,871


4	Debtors					2025		2024
£							£

	Trade debtors					3,000		-
	Other debtors					1,003		5,072
						4,003		5,072


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					800		-
	Taxation and social security costs					4,714		101
	Other creditors					2,579		2,781
						8,093		2,882


6	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Mrs E V Harwood
		5,072		18,015		(23,000)		87

		5,072		18,015		(23,000)		87


7	Related party transactions					2025		2024
	Directors Loan Account
£							£
	The directors are related parties to the company. At 28th February, the company owed the related parties the following short term, interest free, unsecured loans, which are repayable upon demand.

	Amounts due to / (from) the director					87		(5,072)


8	Controlling party

	The ultimate controlling party of the company is the director with 100% of the shares issued.


9	Other information

	Bunch Floral Design Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	89 Chorley Road
	Swinton
	Manchester
	M27 4AA