Company Registration No. 09478841 (England and Wales)
The Bourne Linen Company Ltd
Unaudited accounts
for the year ended 31 March 2025
The Bourne Linen Company Ltd
Unaudited accounts
Contents
The Bourne Linen Company Ltd
Company Information
for the year ended 31 March 2025
Company Number
09478841 (England and Wales)
Registered Office
34 High Street
Haslemere
Surrey
GU27 2HJ
Accountants
Newnham & Son Ltd
School Master's House
39 College Street
Petersfield
Hampshire
GU31 4AG
The Bourne Linen Company Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
32,243
50,895
Cash at bank and in hand
46,374
2,432
Creditors: amounts falling due within one year
(103,469)
(14,558)
Net current (liabilities)/assets
(40,398)
33,187
Total assets less current liabilities
(8,155)
84,082
Creditors: amounts falling due after more than one year
(29,839)
(36,606)
Net (liabilities)/assets
(37,994)
47,476
Called up share capital
100
100
Profit and loss account
(38,094)
47,376
Shareholders' funds
(37,994)
47,476
For the 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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 25 April 2025 and were signed on its behalf by
A Johnston
Director
Company Registration No. 09478841
The Bourne Linen Company Ltd
Notes to the Accounts
for the year ended 31 March 2025
The Bourne Linen Company Ltd is a private company, limited by shares, registered in England and Wales, registration number 09478841. The registered office is 34 High Street, Haslemere, Surrey, GU27 2HJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on cost
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
The Bourne Linen Company Ltd
Notes to the Accounts
for the year ended 31 March 2025
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 April 2024
56,918
25,073
81,991
At 31 March 2025
56,918
25,073
81,991
At 1 April 2024
24,828
6,268
31,096
Charge for the year
12,384
6,268
18,652
At 31 March 2025
37,212
12,536
49,748
At 31 March 2025
19,706
12,537
32,243
At 31 March 2024
32,090
18,805
50,895
Amounts falling due within one year
Accrued income and prepayments
5,199
4,375
Other debtors
8,750
38,030
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
8,121
8,400
Taxes and social security
8,245
4,658
Loans from directors
84,782
-
The Bourne Linen Company Ltd
Notes to the Accounts
for the year ended 31 March 2025
8
Creditors: amounts falling due after more than one year
2025
2024
9
Average number of employees
During the year the average number of employees was 0 (2024: 0).