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Registration number: 04703098

Bessell & Partners Limited

Unaudited Filleted Abridged Financial Statements

for the Year Ended 31 March 2025

 

Bessell & Partners Limited

Contents

Company Information

1

Abridged Balance Sheet

2

Notes to the Unaudited Abridged Financial Statements

3 to 5

 

Bessell & Partners Limited

Company Information

Director

A D Payne

Registered office

99C Hill Street
Kingswood
Bristol
BS15 4EZ

Accountants

Foxmain Associates Limited
Chartered Accountants60 Stoke Lane
Westbury on Trym
Bristol
BS9 3SW

 

Bessell & Partners Limited

(Registration number: 04703098)
Abridged Balance Sheet as at 31 March 2025

Note

2025
£

2024
£

Current assets

 

Debtors

1,547

1,265

Cash at bank and in hand

 

167

893

 

1,714

2,158

Prepayments and accrued income

 

1,023

-

Creditors: Amounts falling due within one year

(4,844)

(6,188)

Total assets less current liabilities

 

(2,107)

(4,030)

Accruals and deferred income

 

(350)

(350)

Net liabilities

 

(2,457)

(4,380)

Capital and reserves

 

Called up share capital

99

99

Retained earnings

(2,556)

(4,479)

Shareholders' deficit

 

(2,457)

(4,380)

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 21 July 2025
 

A D Payne
Director

   
     
 

Bessell & Partners Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025

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:
99C Hill Street
Kingswood
Bristol
BS15 4EZ

These financial statements were authorised for issue by the director on 21 July 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 abridged 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 abridged 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.

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.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures and fittings

25% on cost

Computer equipment

33% on cost

 

Bessell & Partners Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025 (continued)

2

Accounting policies (continued)

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Goodwill

20% on cost

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Going concern

The company has a net deficit on shareholder's funds at the year end. The company is reliant upon the on-going financial support of the director, who is a principal creditor at 31 March 2025. The director has indicated that this support will not be withdrawn for the foreseeable future, and that he will only require repayment of the amount due to him to the extent that funds allow. Therefore, the director considers that the company is a going concern and these financial statements have been prepared on this basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 2).

 

Bessell & Partners Limited

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 March 2025 (continued)

4

Intangible assets

Total
£

Cost or valuation

At 1 April 2024

9,000

At 31 March 2025

9,000

Amortisation

At 1 April 2024

9,000

At 31 March 2025

9,000

Carrying amount

At 31 March 2025

-

5

Tangible assets

Fixtures and fittings
£

Office equipment
£

Total
£

Cost or valuation

At 1 April 2024

2,810

682

3,492

At 31 March 2025

2,810

682

3,492

Depreciation

At 1 April 2024

2,810

682

3,492

At 31 March 2025

2,810

682

3,492

Carrying amount

At 31 March 2025

-

-

-