IRIS Accounts Production v24.3.2.46 11626616 director 1.11.23 31.10.24 31.10.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh116266162023-10-31116266162024-10-31116266162023-11-012024-10-31116266162022-10-31116266162022-11-012023-10-31116266162023-10-3111626616ns15:EnglandWales2023-11-012024-10-3111626616ns14:PoundSterling2023-11-012024-10-3111626616ns10:Director12023-11-012024-10-3111626616ns10:PrivateLimitedCompanyLtd2023-11-012024-10-3111626616ns10:SmallEntities2023-11-012024-10-3111626616ns10:AuditExemptWithAccountantsReport2023-11-012024-10-3111626616ns10:SmallCompaniesRegimeForDirectorsReport2023-11-012024-10-3111626616ns10:SmallCompaniesRegimeForAccounts2023-11-012024-10-3111626616ns10:FullAccounts2023-11-012024-10-311162661612023-11-012024-10-3111626616ns10:RegisteredOffice2023-11-012024-10-3111626616ns5:CurrentFinancialInstruments2024-10-3111626616ns5:CurrentFinancialInstruments2023-10-3111626616ns5:Non-currentFinancialInstruments2024-10-3111626616ns5:Non-currentFinancialInstruments2023-10-3111626616ns5:ShareCapital2024-10-3111626616ns5:ShareCapital2023-10-3111626616ns5:RetainedEarningsAccumulatedLosses2024-10-3111626616ns5:RetainedEarningsAccumulatedLosses2023-10-3111626616ns5:NetGoodwill2023-11-012024-10-3111626616ns5:IntangibleAssetsOtherThanGoodwill2023-11-012024-10-3111626616ns5:PlantMachinery2023-11-012024-10-3111626616ns5:NetGoodwill2023-10-3111626616ns5:NetGoodwill2024-10-3111626616ns5:NetGoodwill2023-10-3111626616ns5:PlantMachinery2023-10-3111626616ns5:PlantMachinery2024-10-3111626616ns5:PlantMachinery2023-10-3111626616ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-10-3111626616ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-31116266161ns10:Director12023-10-31116266161ns10:Director12022-10-31116266161ns10:Director12023-11-012024-10-31116266161ns10:Director12022-11-012023-10-31116266161ns10:Director12024-10-31116266161ns10:Director12023-10-31
REGISTERED NUMBER: 11626616 (England and Wales)















Financial Statements for the Year Ended 31 October 2024

for

Bustina Ltd

Bustina Ltd (Registered number: 11626616)






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

Report of the Accountants 7

Bustina Ltd

Company Information
for the Year Ended 31 October 2024







DIRECTOR: M Buonocore





REGISTERED OFFICE: Unit 3 Royal Oak Road
Bexleyheath
Bexley Kent
DA6 7AD





REGISTERED NUMBER: 11626616 (England and Wales)





ACCOUNTANTS: Ortenz & Co Ltd
354 High Street North
East Ham
London
E12 6PH

Bustina Ltd (Registered number: 11626616)

Balance Sheet
31 October 2024

31.10.24 31.10.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 38,178 39,365
Tangible assets 5 26,737 20,115
64,915 59,480

CURRENT ASSETS
Debtors 6 327,011 351,104
Cash at bank and in hand 65,743 72,935
392,754 424,039
CREDITORS
Amounts falling due within one year 7 57,372 65,930
NET CURRENT ASSETS 335,382 358,109
TOTAL ASSETS LESS CURRENT
LIABILITIES

400,297

417,589

CREDITORS
Amounts falling due after more than
one year

8

14,839

27,904
NET ASSETS 385,458 389,685

CAPITAL AND RESERVES
Called up share capital 100 2
Retained earnings 385,358 389,683
SHAREHOLDERS' FUNDS 385,458 389,685

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 director acknowledges his 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.

Bustina Ltd (Registered number: 11626616)

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 director and authorised for issue on 16 January 2025 and were signed by:





M Buonocore - Director


Bustina Ltd (Registered number: 11626616)

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

1. STATUTORY INFORMATION

Bustina 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.

Turnover
Turnover represents net invoiced sales of goods and services, excluding vat.

Goodwill
Lease Premium, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on cost

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 11 ) .

Bustina Ltd (Registered number: 11626616)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 November 2023
and 31 October 2024 45,000
AMORTISATION
At 1 November 2023 5,635
Charge for year 1,187
At 31 October 2024 6,822
NET BOOK VALUE
At 31 October 2024 38,178
At 31 October 2023 39,365

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2023 50,070
Additions 16,659
At 31 October 2024 66,729
DEPRECIATION
At 1 November 2023 29,955
Charge for year 10,037
At 31 October 2024 39,992
NET BOOK VALUE
At 31 October 2024 26,737
At 31 October 2023 20,115

6. DEBTORS
31.10.24 31.10.23
£    £   
Amounts falling due within one year:
Trade debtors 1,363 -
Other debtors 2,048 58,104
3,411 58,104

Bustina Ltd (Registered number: 11626616)

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

6. DEBTORS - continued
31.10.24 31.10.23
£    £   
Amounts falling due after more than one year:
Amounts owed by associates 323,600 293,000

Aggregate amounts 327,011 351,104

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans and overdrafts 1,162 1,639
Trade creditors 17,547 9,546
Taxation and social security 35,293 51,200
Other creditors 3,370 3,545
57,372 65,930

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.10.24 31.10.23
£    £   
Bank loans 12,983 23,514
Hire purchase contracts 1,856 4,390
14,839 27,904

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 October 2024 and 31 October 2023:

31.10.24 31.10.23
£    £   
M Buonocore
Balance outstanding at start of year 56,057 34,961
Amounts advanced - 21,096
Amounts repaid (56,057 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 56,057

Bustina Ltd

Report of the Accountants to the Director of
Bustina Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 October 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Ortenz & Co Ltd
354 High Street North
East Ham
London
E12 6PH


16 January 2025