1 February 2022 false No description of principal activity Taxfiler 2023.10 09384815business:PrivateLimitedCompanyLtd2022-02-012023-01-31 093848152022-01-31 093848152022-02-012023-01-31 09384815business:AuditExemptWithAccountantsReport2022-02-012023-01-31 09384815business:FilletedAccounts2022-02-012023-01-31 093848152023-01-31 09384815business:Director12022-02-012023-01-31 09384815business:Director22022-02-012023-01-31 09384815business:RegisteredOffice2022-02-012023-01-31 093848152022-01-31 09384815core:WithinOneYear2023-01-31 09384815core:WithinOneYear2022-01-31 09384815core:AfterOneYear2023-01-31 09384815core:AfterOneYear2022-01-31 09384815core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 09384815core:ShareCapitalcore:PreviouslyStatedAmount2022-01-31 09384815core:CapitalContributionReservecore:PreviouslyStatedAmount2023-01-31 09384815core:CapitalContributionReservecore:PreviouslyStatedAmount2022-01-31 09384815core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 09384815core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-01-31 09384815core:PreviouslyStatedAmount2023-01-31 09384815core:PreviouslyStatedAmount2022-01-31 09384815business:SmallEntities2022-02-012023-01-31 09384815countries:EnglandWales2022-02-012023-01-31 09384815core:MotorVehicles2022-02-012023-01-31 09384815core:FurnitureFittings2022-02-012023-01-31 09384815core:ComputerEquipment2022-02-012023-01-31 09384815core:MotorVehicles2022-01-31 09384815core:FurnitureFittings2022-01-31 09384815core:ComputerEquipment2022-01-31 09384815core:MotorVehicles2023-01-31 09384815core:FurnitureFittings2023-01-31 09384815core:ComputerEquipment2023-01-31 093848152021-02-012022-01-31 iso4217:GBP xbrli:pure
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
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B&H CARS LTD Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
63,931 
50,886 
Current assets
Inventories
572,644 
535,327 
Debtors
413,062 
380,718 
Cash at bank and in hand
303,588 
253,119 
1,289,294 
1,169,164 
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 
Capital and reserves
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
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B&H CARS LTD Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Motor vehicles
25%
Fixtures & fittings
25%
Computer equipment
25%
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 
Depreciation
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 
Net book value
At 31 January 2023
5,733 
57,163 
1,035 
63,931 
At 31 January 2022
6,283 
44,356 
247 
50,886 
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B&H CARS LTD Notes to the Accounts for the year ended 31 January 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
11,279 
Trade debtors
409,729 
343,843 
Accrued income and prepayments
- 
25,096 
Other debtors
- 
500 
409,729 
380,718 
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 
VAT
15,588 
- 
Trade creditors
444,141 
484,901 
Taxes and social security
18,706 
19,845 
Other creditors
- 
45,046 
626,386 
578,756 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
57,325 
77,341 
Obligations under finance leases and hire purchase contracts
19,001 
39,524 
Other creditors
195,914 
158,504 
272,240 
275,369 
8
Average number of employees
During the year the average number of employees was 14 (2022: 7).
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