Company Registration No. 04922970 (England and Wales)
BESPOKE ELECTRICAL SERVICES TECHNICIANS LTD
DIRECTOR'S REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2015
BESPOKE ELECTRICAL SERVICES TECHNICIANS LTD
COMPANY INFORMATION
Director
Mr C Kelly
Secretary
Mrs M Kelly
Company number
04922970
Registered office
Kings Parade
Lower Coombe Road
Croydon
Surrey
CR0 1AA
Accountants
Bryden Johnson
Kings Parade
Lower Coombe Street
Croydon
CR0 1AA
Business address
78 Cherry Tree Walk
West Wickham
Kent
BR4 9EH
BESPOKE ELECTRICAL SERVICES TECHNICIANS LTD
CONTENTS
Page
Director's report
1
Accountants' report
2
Profit and loss account
3
Balance sheet
4
Notes to the financial statements
5 - 7
BESPOKE ELECTRICAL SERVICES TECHNICIANS LTD
DIRECTOR'S REPORT
FOR THE YEAR ENDED 30 NOVEMBER 2015
- 1 -
The director presents his report and financial statements for the year ended 30 November 2015.
Director
The following director has held office since 1 December 2014:
Mr C Kelly
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
On behalf of the board
Mr C Kelly
Director
30 August 2016
BESPOKE ELECTRICAL SERVICES TECHNICIANS LTD
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF BESPOKE ELECTRICAL SERVICES TECHNICIANS LTD FOR THE YEAR ENDED 30 NOVEMBER 2015
- 2 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Bespoke Electrical Services Technicians Ltd for the year ended 30 November 2015 set out on pages 3 to 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/en/members/regulations-standards-and-guidance/.
This report is made solely to the Board of Directors of Bespoke Electrical Services Technicians Ltd, as a body, in accordance with the terms of our engagement letter dated 15 August 2013. Our work has been undertaken solely to prepare for your approval the financial statements of Bespoke Electrical Services Technicians Ltd and state those matters that we have agreed to state to the Board of Directors of Bespoke Electrical Services Technicians Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Bespoke Electrical Services Technicians Ltd and its Board of Directors as a body, for our work or for this report.
It is your duty to ensure that Bespoke Electrical Services Technicians Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Bespoke Electrical Services Technicians Ltd. You consider that Bespoke Electrical Services Technicians Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Bespoke Electrical Services Technicians Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Bryden Johnson
30 August 2016
Chartered Accountants
Kings Parade
Lower Coombe Street
Croydon
CR0 1AA
BESPOKE ELECTRICAL SERVICES TECHNICIANS LTD
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 30 NOVEMBER 2015
- 3 -
2015
2014
Notes
£
£
Turnover
60,198
122,827
Cost of sales
(3,301)
(101,597)
Gross profit
56,897
21,230
Administrative expenses
(57,334)
(75,645)
Operating loss
2
(437)
(54,415)
Other interest receivable and similar income
3
-
113
Loss on ordinary activities before taxation
(437)
(54,302)
Tax on loss on ordinary activities
4
(3,357)
6,941
Loss for the year
10
(3,794)
(47,361)
BESPOKE ELECTRICAL SERVICES TECHNICIANS LTD
BALANCE SHEET
AS AT
30 NOVEMBER 2015
30 November 2015
- 4 -
2015
2014
Notes
£
£
£
£
Fixed assets
Tangible assets
6
591
633
Current assets
Stocks
16,271
9,195
Debtors
7
12,212
50,625
Cash at bank and in hand
3
65,577
28,486
125,397
Creditors: amounts falling due within one year
8
(28,832)
(40,025)
Net current liabilities/(assets)
(346)
85,372
Total assets less current liabilities
245
86,005
Capital and reserves
Called up share capital
9
102
102
Profit and loss account
10
143
85,903
Shareholders' funds
245
86,005
For the financial year ended 30 November 2015 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and the Financial Reporting Standard for Smaller Entities (effective April 2008).
Approved by the Board for issue on 30 August 2016
Mr C Kelly
Director
Company Registration No. 04922970
BESPOKE ELECTRICAL SERVICES TECHNICIANS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2015
- 5 -
1
Accounting policies
1.1
Accounting convention
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
1.2
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
1.3
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:
Plant and machinery
25% Straight line
Fixtures, fittings & equipment
25% Straight line
1.4
Stock and work in progress
Work in progress is valued at the lower of cost and net realisable value.
2
Operating loss
2015
2014
£
£
Operating loss is stated after charging:
Depreciation of tangible assets
599
459
Director's remuneration
11,000
12,000
3
Investment income
2015
2014
£
£
Bank interest
-
113
-
113
4
Taxation
2015
2014
£
£
Domestic current year tax
U.K. corporation tax
3,357
(6,941)
Total current tax
3,357
(6,941)
5
Dividends
2015
2014
£
£
Ordinary interim paid
82,000
207,200
BESPOKE ELECTRICAL SERVICES TECHNICIANS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2015
- 6 -
6
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 December 2014
12,833
Additions
557
At 30 November 2015
13,390
Depreciation
At 1 December 2014
12,200
Charge for the year
599
At 30 November 2015
12,799
Net book value
At 30 November 2015
591
At 30 November 2014
633
7
Debtors
2015
2014
£
£
Trade debtors
11,527
29,627
Other debtors
685
20,998
12,212
50,625
8
Creditors: amounts falling due within one year
2015
2014
£
£
Bank loans and overdrafts
3,453
1,366
Trade creditors
15,600
20,768
Taxation and social security
5,326
1,173
Other creditors
4,453
16,718
28,832
40,025
BESPOKE ELECTRICAL SERVICES TECHNICIANS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2015
- 7 -
9
Share capital
2015
2014
£
£
Allotted, called up and fully paid
102 Ordinary of £1 each
102
102
10
Statement of movements on profit and loss account
Profit
and loss
account
£
Balance at 1 December 2014
85,937
Loss for the year
(3,794)
Dividends paid
(82,000)
Balance at 30 November 2015
143
11
Control
The ultimate controlling party is Mr C Kelly, the director of the company.
12
Related party relationships and transactions
The following directors were paid dividends during the year as outlined in the table below:
2015
2014
£
£
C Kelly
44,800
130,500
44,800
130,500
At the balance sheet date, included in other creditors is an amount of £231 due to the director C Kelly (2014: - £13,370 included in other debtors)
2015-11-30
2014-12-01
false
true
true
true
true
true
tmp9130.html
2016-08-31
04922970
2014-12-01
2015-11-30
04922970
uk-bus:Director1
2014-12-01
2015-11-30
04922970
uk-bus:CompanySecretary
2014-12-01
2015-11-30
04922970
uk-bus:RegisteredOffice
2014-12-01
2015-11-30
04922970
uk-bus:EntityAccountantsOrAuditors
2014-12-01
2015-11-30
04922970
2015-11-30
04922970
uk-bus:EntityAccountantsOrAuditors
2015-11-30
04922970
2013-12-01
2014-11-30
04922970
2014-11-30
04922970
2014-11-30
04922970
uk-gaap:PlantMachinery
2014-12-01
2015-11-30
04922970
uk-gaap:FixturesFittingsToolsEquipment
2014-12-01
2015-11-30
04922970
uk-gaap:OwnedOrFreeholdTangibleFixedAssets
2014-12-01
2015-11-30
04922970
uk-gaap:OwnedOrFreeholdTangibleFixedAssets
2013-12-01
2014-11-30
04922970
uk-bus:AllEntityOfficers
2014-12-01
2015-11-30
04922970
uk-bus:AllEntityOfficers
2013-12-01
2014-11-30
04922970
uk-gaap:CurrentFinancialInstruments
uk-curr:PoundSterling
2015-11-30
04922970
uk-gaap:CurrentFinancialInstruments
uk-curr:PoundSterling
2014-11-30
04922970
uk-bus:OrdinaryShareClass1
2014-12-01
2015-11-30
04922970
uk-bus:OrdinaryShareClass1
2015-11-30
04922970
uk-bus:OrdinaryShareClass1
2014-11-30
xbrli:pure
xbrli:shares
iso4217:GBP