Company Registration No. 04955936 (England and Wales)
B & B UPHOLSTERY LIMITED
Unaudited accounts
for the year ended 30 November 2021
B & B UPHOLSTERY LIMITED
Unaudited accounts
Contents
B & B UPHOLSTERY LIMITED
Company Information
for the year ended 30 November 2021
Company Number
04955936 (England and Wales)
Registered Office
24 RHODES AVENUE
CHESTERFIELD
DERBYSHIRE
S41 7AY
Accountants
Hemingway Cooper Ltd
14 The Green
Hasland
Chesterfield
Derbyshire
S41 0LJ
B & B UPHOLSTERY LIMITED
Statement of financial position
as at
30 November 2021
Cash at bank and in hand
2,739
5,055
Creditors: amounts falling due within one year
(4,111)
(7,147)
Net current (liabilities)/assets
(52)
48
Called up share capital
100
100
Profit and loss account
5
157
Shareholders' funds
105
257
For the year ending 30 November 2021 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 21 July 2022 and were signed on its behalf by
Malcolm Barratt
Director
Company Registration No. 04955936
B & B UPHOLSTERY LIMITED
Notes to the Accounts
for the year ended 30 November 2021
B & B UPHOLSTERY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 04955936. The registered office is 24 RHODES AVENUE, CHESTERFIELD, DERBYSHIRE, S41 7AY.
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.
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% reducing balance
Motor vehicles
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 December 2020
400
4,570
4,970
At 30 November 2021
400
4,570
4,970
At 1 December 2020
393
4,368
4,761
Charge for the year
2
50
52
At 30 November 2021
395
4,418
4,813
At 30 November 2021
5
152
157
At 30 November 2020
7
202
209
5
Debtors: amounts falling due within one year
2021
2020
B & B UPHOLSTERY LIMITED
Notes to the Accounts
for the year ended 30 November 2021
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
645
1,609
Taxes and social security
1,618
1,699
Loans from directors
(845)
1,903
7
Average number of employees
During the year the average number of employees was 1 (2020: 1).