Bon Soiree Ltd - Filleted accounts

Bon Soiree Ltd
Registered number:		04399957
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	4		931,489			101,161

Current assets
Stocks		57,105			62,780
Debtors	5	339,668			369,331
Cash at bank and in hand		429,491			518,902
		826,264			951,013

Creditors: amounts falling due within one year	6	(297,120)			(299,362)

Net current assets			529,144			651,651

Total assets less current liabilities			1,460,633			752,812

Creditors: amounts falling due after more than one year	7		(289,671)			(14,637)

Provisions for liabilities			(14,993)			-

Net assets			1,155,969			738,175

Capital and reserves
Called up share capital			1			1
Profit and loss account			1,155,968			738,174

Shareholder's funds			1,155,969			738,175

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




D Freeman
Director
Approved by the board on 20 November 2025

Bon Soiree Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised when the service is provided.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses. Intangible assets are amortised, on a straight line basis, over their useful economic life of 3 years.

	Tangible fixed assets
	Tangible fixed assets are measured at cost, including borrowing costs, less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Freehold buildings			over 50 years
	Plant and machinery			33% reducing balance
	Motor Vehicles			25% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					32		34


3	Intangible fixed assets			Goodwill	Intangible		Total
asset
£					£		£

	Cost
	At 1 April 2024			30,000		62,848		92,848
	At 31 March 2025			30,000		62,848		92,848

	Amortisation
	At 1 April 2024			30,000		62,848		92,848
	At 31 March 2025			30,000		62,848		92,848

	Net book value
	At 31 March 2025			-		-		-
	At 31 March 2024			-		-		-

	Intangible assets were written off in equal annual instalments over their estimated economic life of 3 years.


4	Tangible fixed assets
		Land and buildings		Plant and machinery		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 April 2024	-		279,065		157,852		436,917
	Additions	860,427		460		-		860,887
	Disposals	-		(43,915)		(61,951)		(105,866)
	At 31 March 2025	860,427		235,610		95,901		1,191,938

	Depreciation
	At 1 April 2024	-		239,655		96,101		335,756
	Charge for the year	-		13,252		15,331		28,583
	On disposals	-		(43,790)		(60,100)		(103,890)
	At 31 March 2025	-		209,117		51,332		260,449

	Net book value
	At 31 March 2025	860,427		26,493		44,569		931,489
	At 31 March 2024	-		39,410		61,751		101,161

	During the year, the company disposed of various motor vehicles for a total consideration of £252 resulting in a loss on disposal of £1,599.

	During the year, the company disposed all leasehold improvements for a total consideration of £nil resulting in a loss on disposal of £125.

	The company purchased a property in August 2024 for a total consideration of £860,427 including transaction costs.


5	Debtors					2025		2024
£							£

	Trade debtors					301,259		328,136
	Other debtors					38,409		41,195
						339,668		369,331


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					18,625		10,238
	Obligations under finance lease and hire purchase contracts					2,369		5,685
	Trade creditors					65,642		56,495
	Taxation and social security costs					183,305		170,100
	Other creditors					27,179		56,844
						297,120		299,362


7	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					289,671		12,268
	Obligations under finance lease and hire purchase contracts					-		2,369
						289,671		14,637


8	Loans					2025		2024
£							£

	Secured bank loans					308,296		22,506

	The company was granted a loan under the Coronavirus Business Interruption Loan Scheme. The loan is guaranteed by the Department for Business, Energy and Industrial Strategy. No capital or interest was payable in the first 12 months of the loan. The loan is now repayable in instalments and interest is charged at a rate of 2.5% over the remaining term of the loan.

	A further loan to purchase the freehold property was taken out in the year. The loan is secured over the freehold property, incurs interest at 6.9% and has a term of 18 years.


9	Other financial commitments					2025		2024
£							£

	Total future minimum payments under non-cancellable operating leases					-		7,500


10	Controlling party

	Bon Soiree Ltd is controlled by D Freeman, who is the 100% shareholder of the company.


11	Other information

	Bon Soiree Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	The Courtyard
	116c High Street
	Northchurch
	Berkhamsted, Hertfordshire
	HP4 3QN