REGISTERED NUMBER: 15424820 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 18 JANUARY 2024 TO 31 JANUARY 2025

FOR

BESPOKE PROJECTS INTERNATIONAL LTD

Page

Balance sheet

1

Notes to the financial statements

2

Fixed assets

Intangible assets

4

253,131

Tangible assets

5

21,369

274,500

Current assets

Stocks

869,154

Debtors

6

3,407,632

Cash at bank

793,294

5,070,080

Creditors

Amounts falling due within one year

7

5,325,261

Net current liabilities

(255,181

)

Total assets less current liabilities

19,319

Provisions for liabilities

9

5,343

Net assets

13,976

Capital and reserves

Called up share capital

10

102

Retained earnings

13,874

Shareholders' funds

13,976

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 September 2025 and were signed by:

Mrs V E Sainsbury - Director

1.	Statutory information

Bespoke Projects International Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number is 15424820. The registered office is 7 & 8 Church Street, Wimborne, Dorset, BH21 1JH and business address is 26 Old Street, Bailie Gate, Sturminster Marshall, Wimborne, Dorset, BH21 4DB.

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 amounts receivable from the manufacture, restoration, retail and distribution of furniture, net of VAT and all discounts.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2025, is being amortised evenly over its estimated useful life of five 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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Stocks

Stock is valued at the lower of cost and net realisable value.

Work in progress is valued on individual orders using the percentage of completion method.

Taxation

Taxation for the period 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 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 period 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.

Financial instruments

Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3.	Employees and directors

The average number of employees during the period was 14 .

4.	Intangible fixed assets

Goodwill

£

Cost

Additions

316,414

At 31 January 2025

316,414

Amortisation

Charge for period

63,283

At 31 January 2025

63,283

Net book value

At 31 January 2025

253,131

5.	Tangible fixed assets

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

Cost

Additions

15,000

2,850

6,500

4,143

28,493

At 31 January 2025

15,000

2,850

6,500

4,143

28,493

Depreciation

Charge for period

3,750

713

1,625

1,036

7,124

At 31 January 2025

3,750

713

1,625

1,036

7,124

Net book value

At 31 January 2025

11,250

2,137

4,875

3,107

21,369

6.

Debtors: amounts falling due within one year

£

Trade debtors

3,385,317

Other debtors

10,088

Prepayments and accrued income

12,227

3,407,632

7.

Creditors: amounts falling due within one year

£

Trade creditors

809,312

Tax

76,279

Social security and other taxes

14,771

VAT

88,643

Other creditors

4,381

Directors' current accounts

330

Accruals and deferred income

4,331,545

5,325,261

8.	Leasing agreements

Minimum lease payments under non-cancellable operating leases fall due as follows:

£

Within one year

54,700

Between one and five years

76,322

131,022

9.	Provisions for liabilities

£

Deferred tax

5,343

Deferred

tax

£

Charge to Income statement during period

5,343

Balance at 31 January 2025

5,343

10.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£1

100

1

Ordinary A

£1

1

1

Ordinary B

£1

1

102

The following shares were issued during the period for cash at par :

100 Ordinary shares of £1

1 Ordinary A share of £1

1 Ordinary B share of £1

11.	Ultimate controlling party

The Company is under the control of the Director (and her spouse), by virtue of their combined 100% holding of the issued voting share capital of the Company.