IRIS Accounts Production v22.1.4.3 06321121 Board of Directors 1.1.21 31.12.21 31.12.21 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure063211212020-12-31063211212021-12-31063211212021-01-012021-12-31063211212019-12-31063211212020-01-012020-12-31063211212020-12-3106321121ns16:EnglandWales2021-01-012021-12-3106321121ns15:PoundSterling2021-01-012021-12-3106321121ns11:Director12021-01-012021-12-3106321121ns11:CompanyLimitedByGuarantee2021-01-012021-12-3106321121ns11:SmallEntities2021-01-012021-12-3106321121ns11:AuditExempt-NoAccountantsReport2021-01-012021-12-3106321121ns11:SmallCompaniesRegimeForDirectorsReport2021-01-012021-12-3106321121ns11:SmallCompaniesRegimeForAccounts2021-01-012021-12-3106321121ns11:FullAccounts2021-01-012021-12-310632112112021-01-012021-12-3106321121ns11:Director32021-01-012021-12-3106321121ns11:Director42021-01-012021-12-3106321121ns11:RegisteredOffice2021-01-012021-12-3106321121ns6:CurrentFinancialInstruments2021-12-3106321121ns6:CurrentFinancialInstruments2020-12-3106321121ns6:RetainedEarningsAccumulatedLosses2021-12-3106321121ns6:RetainedEarningsAccumulatedLosses2020-12-3106321121ns6:IntangibleAssetsOtherThanGoodwill2021-01-012021-12-3106321121ns6:ComputerSoftware2020-12-3106321121ns6:ComputerSoftware2021-01-012021-12-3106321121ns6:ComputerSoftware2021-12-3106321121ns6:ComputerSoftware2020-12-3106321121ns6:FurnitureFittings2020-12-3106321121ns6:FurnitureFittings2021-01-012021-12-3106321121ns6:FurnitureFittings2021-12-3106321121ns6:FurnitureFittings2020-12-3106321121ns6:WithinOneYearns6:CurrentFinancialInstruments2021-12-3106321121ns6:WithinOneYearns6:CurrentFinancialInstruments2020-12-3106321121ns6:DeferredTaxation2020-12-3106321121ns6:DeferredTaxation2021-12-31
REGISTERED NUMBER: 06321121 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

FOR

BHCC LTD

BHCC LTD (REGISTERED NUMBER: 06321121)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BHCC LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2021







DIRECTORS: J Roff
S Bassett
S K Z Knowles





REGISTERED OFFICE: Atlas Chambers
33 West Street
Brighton
East Sussex
BN1 2RE





REGISTERED NUMBER: 06321121 (England and Wales)





ACCOUNTANTS: Galloways Accounting
Atlas Chambers
33 West Street
Brighton
East Sussex
BN1 2RE

BHCC LTD (REGISTERED NUMBER: 06321121)

BALANCE SHEET
31 DECEMBER 2021

2021 2020
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2,999 8,501
Tangible assets 5 1,467 2,048
4,466 10,549

CURRENT ASSETS
Debtors 6 9,544 19,714
Cash at bank and in hand 72,355 76,380
81,899 96,094
CREDITORS
Amounts falling due within one year 7 38,688 58,978
NET CURRENT ASSETS 43,211 37,116
TOTAL ASSETS LESS CURRENT LIABILITIES 47,677 47,665

PROVISIONS FOR LIABILITIES 8 300 2,000
NET ASSETS 47,377 45,665

RESERVES
Income and expenditure account 47,377 45,665
47,377 45,665

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its surplus or deficit for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 August 2022 and were signed on its behalf by:




J Roff - Director


BHCC LTD (REGISTERED NUMBER: 06321121)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2021


1. STATUTORY INFORMATION

BHCC Ltd is a private company, limited by guarantee, registered in England and Wales. The company's registered number, registered office address and primary place of business can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Turnover represents income from membership subscriptions, standalone event invitations, and grant funding. Subscription income is recognised evenly over the term of the subscription. Event income is recognised when the event takes place. Grant income is included in the profit and loss in the period to which the funding relates.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at costs less any accumulated amortisation and any accumulated impairment losses.

Website costs are being amortised evenly over their estimated useful life of three years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Equipment - 33% on cost

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Financial instruments
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Taxation
Taxation for the year comprises deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Deferred taxation assets and liabilities are not discounted.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit or loss in the period to which they relate.

BHCC LTD (REGISTERED NUMBER: 06321121)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2021


2. ACCOUNTING POLICIES - continued

Going concern
After reviewing the company's forecasts, the directors believe that the company has adequate resources to continue in operational existence.

The directors do not anticipate that the recent COVID-19 outbreak will affect the company's ability to continue for the foreseeable future and therefore the company continues to adopt the going concern basis in preparing its financial statements.

3. EMPLOYEES

The average number of employees during the year was 6 (2020 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Website
£   
COST
At 1 January 2021
and 31 December 2021 16,671
AMORTISATION
At 1 January 2021 8,170
Amortisation for year 5,502
At 31 December 2021 13,672
NET BOOK VALUE
At 31 December 2021 2,999
At 31 December 2020 8,501

5. TANGIBLE FIXED ASSETS
Equipment
£   
COST
At 1 January 2021 10,443
Additions 1,194
At 31 December 2021 11,637
DEPRECIATION
At 1 January 2021 8,395
Charge for year 1,775
At 31 December 2021 10,170
NET BOOK VALUE
At 31 December 2021 1,467
At 31 December 2020 2,048

BHCC LTD (REGISTERED NUMBER: 06321121)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2021


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade debtors 4,534 7,538
Other debtors 103 190
Tax 1,629 3,050
Prepayments and accrued income 3,278 8,936
9,544 19,714

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2021 2020
£    £   
Trade creditors 1,501 4,589
Social security and other taxes 3,882 3,485
VAT 9,756 16,972
Other creditors 2,188 988
Accruals and deferred income 21,361 32,944
38,688 58,978

8. PROVISIONS FOR LIABILITIES
2021 2020
£    £   
Deferred tax 300 2,000

Deferred
tax
£   
Balance at 1 January 2021 2,000
Accelerated capital allowances (1,700 )
Balance at 31 December 2021 300

9. SHARE CAPITAL

The company is limited by guarantee and does not have share capital.

In the event of the company being wound up, each member has undertaken to contribute such amounts as may be required, not exceeding £1.