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 2016
BESPOKE ELECTRICAL SERVICES TECHNICIANS LTD
COMPANY INFORMATION
Director
Mr C Kelly
Secretary
Mrs M Kelly
Company number
04922970
Registered office
Kings Parade
Lower Coombe Street
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 2016
- 1 -
The director presents his report and financial statements for the year ended 30 November 2016.
Director
The following director has held office since 1 December 2015:
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
31 August 2017
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 2016
- 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 2016 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
31 August 2017
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 2016
- 3 -
2016
2015
Notes
£
£
Turnover
40,390
60,198
Cost of sales
(29,170)
(3,301)
Gross profit
11,220
56,897
Administrative expenses
(16,643)
(57,334)
Operating loss
2
(5,423)
(437)
Interest payable and similar charges
(13)
-
Loss on ordinary activities before taxation
(5,436)
(437)
Tax on loss on ordinary activities
3
(41)
(3,357)
Loss for the year
9
(5,477)
(3,794)
BESPOKE ELECTRICAL SERVICES TECHNICIANS LTD
BALANCE SHEET
AS AT
30 NOVEMBER 2016
30 November 2016
- 4 -
2016
2015
Notes
£
£
£
£
Fixed assets
Tangible assets
5
276
591
Current assets
Stocks
-
16,271
Debtors
6
17,011
12,212
Cash at bank and in hand
3
3
17,014
28,486
Creditors: amounts falling due within one year
7
(22,522)
(28,832)
Net current liabilities
(5,508)
(346)
Total assets less current liabilities
(5,232)
245
Capital and reserves
Called up share capital
8
102
102
Profit and loss account
9
(5,334)
143
Shareholders' funds
(5,232)
245
For the financial year ended 30 November 2016 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 January 2015).
Approved by the Board for issue on 31 August 2017
Mr C Kelly
Director
Company Registration No. 04922970
BESPOKE ELECTRICAL SERVICES TECHNICIANS LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2016
- 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 January 2015).
The company meets its day to day working capital requirements through
the support of the director
.
O
n this basis, the director consider
s
it appropriate to prepare the financial statements on the going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of the
directors support.
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
2016
2015
£
£
Operating loss is stated after charging:
Depreciation of tangible assets
315
599
Director's remuneration
-
11,000
3
Taxation
2016
2015
£
£
Domestic current year tax
U.K. corporation tax
41
3,357
Total current tax
41
3,357
On the basis of these financial statements no provision has been made for corporation tax.
4
Dividends
2016
2015
£
£
Ordinary interim paid
-
82,000
BESPOKE ELECTRICAL SERVICES TECHNICIANS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2016
- 6 -
5
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 December 2015
13,390
Disposals
(8,658)
At 30 November 2016
4,732
Depreciation
At 1 December 2015
12,799
On disposals
(8,658)
Charge for the year
315
At 30 November 2016
4,456
Net book value
At 30 November 2016
276
At 30 November 2015
591
6
Debtors
2016
2015
£
£
Trade debtors
16,326
11,527
Other debtors
685
685
17,011
12,212
7
Creditors: amounts falling due within one year
2016
2015
£
£
Bank loans and overdrafts
1,924
3,453
Trade creditors
6,873
15,600
Taxation and social security
3,198
5,326
Other creditors
10,527
4,453
22,522
28,832
BESPOKE ELECTRICAL SERVICES TECHNICIANS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2016
- 7 -
8
Share capital
2016
2015
£
£
Allotted, called up and fully paid
100 Ordinary of £1 each
100
100
1 Ordinary A of £1 each
1
1
1 Ordinary B of £1 each
1
1
102
102
9
Statement of movements on profit and loss account
Profit
and loss
account
£
Balance at 1 December 2015
143
Loss for the year
(5,477)
Balance at 30 November 2016
(5,334)
10
Control
The ultimate controlling party is Mr C Kelly, the director of the company.
11
Related party relationships and transactions
The following directors were paid dividends during the year as outlined in the table below:
2016
2015
£
£
C Kelly
-
44,800
-
44,800
At the balance sheet date, included in other creditors is an amount of £5,425 due to the director C Kelly (2015: - £231)
2016-11-30
2015-12-01
false
true
true
true
true
true
tmp5A1D.html
2017-08-31
04922970
2015-12-01
2016-11-30
04922970
uk-bus:Director1
2015-12-01
2016-11-30
04922970
uk-bus:CompanySecretary
2015-12-01
2016-11-30
04922970
uk-bus:RegisteredOffice
2015-12-01
2016-11-30
04922970
uk-bus:EntityAccountantsOrAuditors
2015-12-01
2016-11-30
04922970
2016-11-30
04922970
uk-bus:EntityAccountantsOrAuditors
2016-11-30
04922970
2014-12-01
2015-11-30
04922970
2015-11-30
04922970
2015-11-30
04922970
uk-gaap:PlantMachinery
2015-12-01
2016-11-30
04922970
uk-gaap:FixturesFittingsToolsEquipment
2015-12-01
2016-11-30
04922970
uk-gaap:OwnedOrFreeholdTangibleFixedAssets
2015-12-01
2016-11-30
04922970
uk-gaap:OwnedOrFreeholdTangibleFixedAssets
2014-12-01
2015-11-30
04922970
uk-bus:AllEntityOfficers
2014-12-01
2015-11-30
04922970
uk-gaap:CurrentFinancialInstruments
uk-curr:PoundSterling
2016-11-30
04922970
uk-gaap:CurrentFinancialInstruments
uk-curr:PoundSterling
2015-11-30
04922970
uk-bus:OrdinaryShareClass1
2015-12-01
2016-11-30
04922970
uk-bus:OrdinaryShareClass2
2015-12-01
2016-11-30
04922970
uk-bus:OrdinaryShareClass3
2015-12-01
2016-11-30
04922970
uk-bus:OrdinaryShareClass1
2016-11-30
04922970
uk-bus:OrdinaryShareClass2
2016-11-30
04922970
uk-bus:OrdinaryShareClass3
2016-11-30
04922970
uk-bus:OrdinaryShareClass1
2015-11-30
04922970
uk-bus:OrdinaryShareClass2
2015-11-30
04922970
uk-bus:OrdinaryShareClass3
2015-11-30
xbrli:pure
xbrli:shares
iso4217:GBP