Company Registration No. 14158372 (England and Wales)
BH Estate Holdings Limited
Unaudited accounts
for the period from 8 June 2022 to 30 June 2023
BH Estate Holdings Limited
Unaudited accounts
Contents
BH Estate Holdings Limited
Statement of financial position
as at 30 June 2023
Investment property
196,797
Cash at bank and in hand
2,797
Creditors: amounts falling due within one year
(62,559)
Net current liabilities
(58,563)
Total assets less current liabilities
138,234
Creditors: amounts falling due after more than one year
(141,245)
Called up share capital
100
Profit and loss account
(3,111)
Shareholders' funds
(3,011)
For the period ending 30 June 2023 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 22 February 2024 and were signed on its behalf by
Jack Butler
Director
Company Registration No. 14158372
BH Estate Holdings Limited
Notes to the Accounts
for the period from 8 June 2022 to 30 June 2023
BH Estate Holdings Limited is a private company, limited by shares, registered in England and Wales, registration number 14158372. The registered office is 100 Beaconsfield Road, Leicester, LE3 0FF, England.
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 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.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
The accounts are prepared on the going concern basis, as the company has the full financial backing of its shareholders.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
BH Estate Holdings Limited
Notes to the Accounts
for the period from 8 June 2022 to 30 June 2023
Amounts falling due within one year
Accrued income and prepayments
218
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
Loans from directors
61,078
7
Creditors: amounts falling due after more than one year
2023
Aggregate of amounts that fall due for payment after five years
141,245
The mortgage loan of £141,245 is secured on the investment property.
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
Shares issued during the period:
100 Ordinary shares of £1 each
100
9
Average number of employees
During the period the average number of employees was 1.