Company Registration No. 09384815 (England and Wales)
B&H CARS LTD
Filleted Accounts
for the year ended 31 January 2023
B&H CARS LTD
Company Information
for the year ended 31 January 2023
Directors
Benjamin Hochhauser
Berish Strom
Company Number
09384815 (England and Wales)
Registered Office
1 Shanklin Road
London
N15 4FB
Accountants
Kyver & Dale Consultants Ltd
Suite 101, Pride House
Shanklin Road
London
N15 4FB
B&H CARS LTD
Statement of financial position
as at 31 January 2023
Tangible assets
63,931
50,886
Inventories
572,644
535,327
Cash at bank and in hand
303,588
253,119
Creditors: amounts falling due within one year
(626,386)
(578,756)
Net current assets
662,908
590,408
Total assets less current liabilities
726,839
641,294
Creditors: amounts falling due after more than one year
(272,240)
(275,369)
Net assets
454,599
365,925
Called up share capital
2
2
Capital contribution reserve
100,000
100,000
Profit and loss account
354,597
265,923
Shareholders' funds
454,599
365,925
For the year ending 31 January 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 directors acknowledge their 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 of Directors and authorised for issue on 28 October 2023 and were signed on its behalf by
Berish Strom
Director
Company Registration No. 09384815
B&H CARS LTD
Notes to the Accounts
for the year ended 31 January 2023
B&H CARS LTD is a private company, limited by shares, registered in England and Wales, registration number 09384815. The registered office is 1 Shanklin Road, London, N15 4FB.
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 remained unchanged from the previous year, and also 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2022
35,271
53,030
882
89,183
Additions
-
14,907
850
15,757
At 31 January 2023
35,271
67,937
1,732
104,940
At 1 February 2022
28,988
8,674
635
38,297
Charge for the year
550
2,100
62
2,712
At 31 January 2023
29,538
10,774
697
41,009
At 31 January 2023
5,733
57,163
1,035
63,931
At 31 January 2022
6,283
44,356
247
50,886
B&H CARS LTD
Notes to the Accounts
for the year ended 31 January 2023
Amounts falling due within one year
Trade debtors
409,729
343,843
Accrued income and prepayments
-
25,096
Amounts falling due after more than one year
Accrued income and prepayments
3,333
-
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
147,951
28,964
Trade creditors
444,141
484,901
Taxes and social security
18,706
19,845
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
19,001
39,524
Other creditors
195,914
158,504
8
Average number of employees
During the year the average number of employees was 14 (2022: 7).