BSUPA Accounts 2020
2020 accounts.xlsx
Registered number 6576022
BSUPA Limited
Profit and Loss Account
for the year ended 30 April 2020
Turnover
Administrative expenses
Operating profit Profit before taxation
Profit for the financial year
2020 2019 ££
40,641 (35,756)
4,885 4,885
4,885
39,322 (33,697)
5,625 5,625
5,625
1
BSUPA Limited
Registered number: 6576022 Balance Sheet
as at 30 April 2020
Notes
Current assets
Debtors 2 4,325 Cash at bank and in hand 10,587 14,912
Creditors: amounts falling due
within one year 3 (67)
Net current assets
Net assets
Capital and reserves
Profit and loss account
Shareholders’ funds
2020 2019 ££
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.
A S Gratwick
Director
Approved by the board on 17 August 2020
2
14,845 14,845
14,845
14,845
9,960 9,960
9,960
9,960
–
9,960 9,960
–
BSUPA Limited
Notes to the Accounts
for the year ended 30 April 2020
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 by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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.
- 2 Debtors Trade debtors
- 3 Creditors: amounts falling due within one year Trade creditors
- 4 Other information
2020 2019 ££
4,325 –
2020 2019 ££
67 –
BSUPA is a private company limited by shares and incorporated in England. Its registered office is PO Box 9092 Poole BH14 4FF
PO Box 9092
Poole
BH14 4FF
3
BSUPA Limited
Detailed profit and loss account
for the year ended 30 April 2020
This schedule does not form part of the statutory accounts
Sales
Cost of sales
Gross profit
Administrative expenses
Operating profit Profit before tax
2020 2019 ££
40,641 – 40,641
(35,756) 4,885
4,885
39,322 (450)
38,872 (33,697)
5,175 5,175
4
BSUPA Limited
Detailed profit and loss account
for the year ended 30 April 2020
This schedule does not form part of the statutory accounts
Sales
2020 2019 ££
Sales 40,641 39,322
Administrative expenses
Employee costs:
Travel and subsistence
Premises costs: Rent
General administrative expenses:
General Administration Costs
Postage 439 909 Stationery and printing 9,078 8,343 Bank charges 77 287 Insurance 2,754 1,671 Software 1,825 2,141
Repairs and maintenance Sundry expenses
Legal and professional costs: Accountancy fees Management fees Advertising and PR
315 113 19 – 30,307 29,520
1,670 690 – 620 2,530 2,867 4,200 4,177
35,756 33,697
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