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Registered number: 04949278
The Bull Pen (Cornwall) Limited
ACCOUNTS
FOR THE YEAR ENDED 30/03/2025
Prepared By:
Staffer Mayled & Co Ltd
46-48
Station Road
Cardiff
CF14 5LU
The Bull Pen (Cornwall) Limited
ACCOUNTS
FOR THE YEAR ENDED 30/03/2025
DIRECTORS
Gillian Rachel Roskilly
SECRETARY
Silke Anni Roskilly
REGISTERED OFFICE
46-48 Station Road
Llaishen
Cardiff
Cornwall
CF14 5LU
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 04949278
ACCOUNTANTS
Staffer Mayled & Co Ltd
46-48
Station Road
Cardiff
CF14 5LU
The Bull Pen (Cornwall) Limited
ACCOUNTS
FOR THEYEARENDED30/03/2025
CONTENTS
Page
Directors' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
The Bull Pen (Cornwall) Limited
BALANCE SHEET AT 30/03/2025
20252024
Notes££
CURRENT ASSETS
Stock2,3504,595
Debtors417,79821,998
Cash at bank and in hand7201,348
20,86827,941
CREDITORS: Amounts falling due within one year524,14318,892
NET CURRENT (LIABILITIES) / ASSETS(3,275)9,049
TOTAL ASSETS LESS CURRENT LIABILITIES(3,275)9,049
CREDITORS: Amounts falling due after more than one year64673,076
PROVISIONS FOR LIABILITIES AND CHARGES73862
NET (LIABILITIES) / ASSETS(3,780)5,911
CAPITAL AND RESERVES
Called up share capital8100100
Profit and loss account(3,880)5,811
SHAREHOLDERS' FUNDS(3,780)5,911
For the year ending 30/03/2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 29/12/2025 and signed on their behalf by
.............................
Gillian Rachel Roskilly
Director
The Bull Pen (Cornwall) Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/03/2025
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1c. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
2. EMPLOYEES
20252024
No.No.
Average number of employees23
3. STOCK 20252024
££
Stock comprises:
Stock2,3504,595
2,3504,595
The Bull Pen (Cornwall) Limited
4. DEBTORS 20252024
££
Amounts falling due within one year
Other debtors17,79821,998
17,79821,998
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20252024
££
PAYE control208624
Directors current account2,4962,496
Bank Loan2,8002,990
Loans1,015-
Trade creditors12,8248,582
Accruals4,8004,200
24,14318,892
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20252024
££
Loans >1yr4673,076
4673,076
In May 2020 the company took out a loan for £14,000 repayable over 72 months at a fixed rate of interest of 2.5% per annum. Payments for the first 12 months were covered by the UK Government's Business Interruption Payment.
7. PROVISIONS FOR LIABILITIES 20252024
££
Pensions3862
3862
The Bull Pen (Cornwall) Limited
8. SHARE CAPITAL 20252024
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100