IRIS Accounts Production v22.2.0.402 04385276 Board of Directors 1.5.21 30.4.22 30.4.22 false true false false true false Ordinary 1.00000 Ordinary B Shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure043852762021-04-30043852762022-04-30043852762021-05-012022-04-30043852762020-04-30043852762020-05-012021-04-30043852762021-04-3004385276ns16:EnglandWales2021-05-012022-04-3004385276ns15:PoundSterling2021-05-012022-04-3004385276ns11:Director12021-05-012022-04-3004385276ns11:PrivateLimitedCompanyLtd2021-05-012022-04-3004385276ns11:SmallEntities2021-05-012022-04-3004385276ns11:AuditExemptWithAccountantsReport2021-05-012022-04-3004385276ns11:SmallCompaniesRegimeForDirectorsReport2021-05-012022-04-3004385276ns11:SmallCompaniesRegimeForAccounts2021-05-012022-04-3004385276ns11:FullAccounts2021-05-012022-04-3004385276ns11:OrdinaryShareClass12021-05-012022-04-3004385276ns11:OrdinaryShareClass22021-05-012022-04-3004385276ns11:Director22021-05-012022-04-3004385276ns11:CompanySecretary12021-05-012022-04-3004385276ns11:RegisteredOffice2021-05-012022-04-3004385276ns6:CurrentFinancialInstruments2022-04-3004385276ns6:CurrentFinancialInstruments2021-04-3004385276ns6:Non-currentFinancialInstruments2022-04-3004385276ns6:Non-currentFinancialInstruments2021-04-3004385276ns6:ShareCapital2022-04-3004385276ns6:ShareCapital2021-04-3004385276ns6:SharePremium2022-04-3004385276ns6:SharePremium2021-04-3004385276ns6:CapitalRedemptionReserve2022-04-3004385276ns6:CapitalRedemptionReserve2021-04-3004385276ns6:RetainedEarningsAccumulatedLosses2022-04-3004385276ns6:RetainedEarningsAccumulatedLosses2021-04-3004385276ns6:LeaseholdImprovements2021-05-012022-04-3004385276ns6:FurnitureFittings2021-05-012022-04-3004385276ns6:MotorVehicles2021-05-012022-04-3004385276ns6:LeaseholdImprovements2021-04-3004385276ns6:FurnitureFittings2021-04-3004385276ns6:MotorVehicles2021-04-3004385276ns6:LeaseholdImprovements2022-04-3004385276ns6:FurnitureFittings2022-04-3004385276ns6:MotorVehicles2022-04-3004385276ns6:LeaseholdImprovements2021-04-3004385276ns6:FurnitureFittings2021-04-3004385276ns6:MotorVehicles2021-04-3004385276ns6:MotorVehiclesns6:LeasedAssetsHeldAsLessee2021-04-3004385276ns6:MotorVehiclesns6:LeasedAssetsHeldAsLessee2021-05-012022-04-3004385276ns6:MotorVehiclesns6:LeasedAssetsHeldAsLessee2022-04-3004385276ns6:MotorVehiclesns6:LeasedAssetsHeldAsLessee2021-04-3004385276ns6:WithinOneYearns6:CurrentFinancialInstruments2022-04-3004385276ns6:WithinOneYearns6:CurrentFinancialInstruments2021-04-3004385276ns11:OrdinaryShareClass12022-04-3004385276ns11:OrdinaryShareClass22022-04-30
REGISTERED NUMBER: 04385276 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2022

for

Berthold Bauer VAT Consultants Limited

Berthold Bauer VAT Consultants Limited (Registered number: 04385276)






Contents of the Financial Statements
for the Year Ended 30 April 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

Berthold Bauer VAT Consultants Limited

Company Information
for the Year Ended 30 April 2022







DIRECTORS: S G Merry
Mrs J C Merry





SECRETARY: Mrs J C Merry





REGISTERED OFFICE: The Old Goat House
Dencross Farm, Roman Road
Marsh Green
Edenbridge
Kent
TN8 5PN





REGISTERED NUMBER: 04385276 (England and Wales)





ACCOUNTANTS: Deeks Evans
Chartered Accountants
First Floor, West Barn
North Frith Farm, Ashes Lane
Hadlow
Tonbridge
Kent
TN11 9QU

Berthold Bauer VAT Consultants Limited (Registered number: 04385276)

Balance Sheet
30 April 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 231,126 269,332

CURRENT ASSETS
Stocks 17,947 2,824
Debtors 5 534,897 469,481
Cash at bank 49,856 37,019
602,700 509,324
CREDITORS
Amounts falling due within one year 6 152,553 92,996
NET CURRENT ASSETS 450,147 416,328
TOTAL ASSETS LESS CURRENT
LIABILITIES

681,273

685,660

CREDITORS
Amounts falling due after more than one
year

7

63,667

74,340
NET ASSETS 617,606 611,320

CAPITAL & RESERVES
Called up share capital 8 980 980
Share premium 15,115 15,115
Capital redemption reserve 20 20
Retained earnings 601,491 595,205
SHAREHOLDERS' FUNDS 617,606 611,320

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2022 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 profit or loss 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 7 September 2022 and were signed on its behalf by:



S G Merry - Director


Berthold Bauer VAT Consultants Limited (Registered number: 04385276)

Notes to the Financial Statements
for the Year Ended 30 April 2022

1. STATUTORY INFORMATION

Berthold Bauer VAT Consultants Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 represents net invoiced sales of services performed in the period, excluding value added tax.

Contingent fees on contracts which require HM Revenue and Customs approval are not recognised until approval is received.

Turnover on contracts not requiring approval is recognised as services are performed.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 2% on cost
Fixtures & fittings - 25% on cost
Motor vehicles - 25% on cost

Work in progress
Work in progress is valued at the lower of cost and net realisable value.

Work in progress represents costs incurred on contracts on which no turnover is earned until it is approved by HM Revenue and Customs.

Taxation
Taxation for the year comprises current and 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.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Berthold Bauer VAT Consultants Limited (Registered number: 04385276)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2022

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2021 - 17 ) .

4. TANGIBLE FIXED ASSETS
Improvements
to Fixtures Motor
property & fittings vehicles Totals
£    £    £    £   
COST
At 1 May 2021 176,158 103,422 166,090 445,670
Additions - 1,480 - 1,480
At 30 April 2022 176,158 104,902 166,090 447,150
DEPRECIATION
At 1 May 2021 49,970 64,128 62,240 176,338
Charge for year 3,522 10,200 25,964 39,686
At 30 April 2022 53,492 74,328 88,204 216,024
NET BOOK VALUE
At 30 April 2022 122,666 30,574 77,886 231,126
At 30 April 2021 126,188 39,294 103,850 269,332

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1 May 2021
and 30 April 2022 107,907
DEPRECIATION
At 1 May 2021 15,737
Charge for year 23,043
At 30 April 2022 38,780
NET BOOK VALUE
At 30 April 2022 69,127
At 30 April 2021 92,170

Berthold Bauer VAT Consultants Limited (Registered number: 04385276)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2022

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 161,421 90,337
Amounts owed by group undertakings 369,263 375,107
Other debtors 4,213 4,037
534,897 469,481

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Hire purchase contracts 10,673 7,443
Tax 87,568 30,062
Social security & other taxes 47,469 51,166
Other creditors 1,809 3,065
Directors' current accounts 1,034 560
Accrued expenses 4,000 700
152,553 92,996

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2022 2021
£    £   
Hire purchase contracts 63,667 74,340

8. CALLED UP SHARE CAPITAL



Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
965 Ordinary £1 965 965
15 Ordinary B Shares £1 15 15
980 980

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the directors.

The company's ultimate parent is BBVAT Holdings Limited, a company registered in England and Wales.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Berthold Bauer VAT Consultants Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Berthold Bauer VAT Consultants Limited for the year ended 30 April 2022 which comprise the Income Statement, Balance Sheet and the related notes 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 (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Berthold Bauer VAT Consultants Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Berthold Bauer VAT Consultants Limited and state those matters that we have agreed to state to the Board of Directors of Berthold Bauer VAT Consultants Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Berthold Bauer VAT Consultants Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Berthold Bauer VAT Consultants Limited 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 profit of Berthold Bauer VAT Consultants Limited. You consider that Berthold Bauer VAT Consultants Limited 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 Berthold Bauer VAT Consultants Limited. 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.






Deeks Evans
Chartered Accountants
First Floor, West Barn
North Frith Farm, Ashes Lane
Hadlow
Tonbridge
Kent
TN11 9QU


7 September 2022