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REGISTERED NUMBER: 06894909 (England and Wales)











Unaudited Financial Statements for the Year Ended 31 May 2023

for

BHP Solutions Ltd

BHP Solutions Ltd (Registered number: 06894909)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BHP Solutions Ltd

Company Information
for the Year Ended 31 May 2023







DIRECTORS: B Harper
P N C Harper





SECRETARY: B Harper





REGISTERED OFFICE: 57 Essex Street
Wash Common
Newbury
Berkshire
RG14 6QR





REGISTERED NUMBER: 06894909 (England and Wales)





ACCOUNTANTS: Richard Hopes Ltd
Bell House
Ashford Hill
Thatcham
Berkshire
RG19 8BB

BHP Solutions Ltd (Registered number: 06894909)

Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 492 656

CURRENT ASSETS
Stocks - 439,221
Debtors 5 32,250 18,539
Cash at bank 362,248 122,554
394,498 580,314
CREDITORS
Amounts falling due within one year 6 80,455 297,035
NET CURRENT ASSETS 314,043 283,279
TOTAL ASSETS LESS CURRENT
LIABILITIES

314,535

283,935

PROVISIONS FOR LIABILITIES 93 125
NET ASSETS 314,442 283,810

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 314,440 283,808
SHAREHOLDERS' FUNDS 314,442 283,810

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 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 12 July 2023 and were signed on its behalf by:



B Harper - Director


BHP Solutions Ltd (Registered number: 06894909)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

BHP Solutions Ltd 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, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

BHP Solutions Ltd (Registered number: 06894909)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2022
and 31 May 2023 1,275
DEPRECIATION
At 1 June 2022 619
Charge for year 164
At 31 May 2023 783
NET BOOK VALUE
At 31 May 2023 492
At 31 May 2022 656

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors 31,921 18,210
Prepayments and accrued income 329 329
32,250 18,539

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade creditors - 680
Tax 24,446 35,217
Social security and other taxes 12,196 19,238
Other creditors 155 1,712
Directors' loan accounts 42,252 238,461
Accruals and deferred income 1,406 1,727
80,455 297,035