Bespoke Automotive Limited - Accounts to registrar (filleted) - small 17.3

REGISTERED NUMBER: 08466910 (England and Wales)

BESPOKE AUTOMOTIVE LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2017

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

Directors:

C J Woods

G S Woods

Registered office:

2 Tower House

Hoddesdon

Hertfordshire

EN11 8UR

Business address:

Cherry Grove

Westland Green

Little Hadham

Hertfordshire

SG11 2AH

Registered number:

08466910 (England and Wales)

Accountants:

Roberts & Co

Chartered Accountants

2 Tower House

Hoddesdon

Hertfordshire

EN11 8UR

Fixed assets

Tangible assets

4

61

82

Current assets

Debtors

5

-

5,018

Cash at bank

9,562

2,305

9,562

7,323

Creditors

Amounts falling due within one year

6

9,658

14,379

Net current liabilities

(96

)

(7,056

)

Total assets less current liabilities

(35

)

(6,974

)

Capital and reserves

Called up share capital

7

100

100

Retained earnings

(135

)

(7,074

)

Shareholders' funds

(35

)

(6,974

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income statement has not been delivered.

The financial statements were approved by the Board of Directors on 22 December 2017 and were signed on its behalf by:

G S Woods - Director

1.	Statutory information

Bespoke Automotive Limited is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

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 etc

-

25% on reducing balance

Taxation

Taxation for the year 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.

3.	Employees and directors

The average number of employees during the year was 1 .

4.	Tangible fixed assets

Fixtures

and

fittings

£

Cost

At 1 April 2016

and 31 March 2017

195

Depreciation

At 1 April 2016

113

Charge for year

21

At 31 March 2017

134

Net book value

At 31 March 2017

61

At 31 March 2016

82

5.

Debtors: amounts falling due within one year

2017

2016

£

£

Other debtors

-

5,018

6.

Creditors: amounts falling due within one year

2017

2016

£

£

VAT

1,022

765

Director's current account

151

12,873

Accrued expenses

790

741

Deferred income

7,695

-

9,658

14,379

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2017

2016

value:

£

£

50

Ordinary A

£1

50

50

50

Ordinary B

£1

50

50

100

100