Bonham Holdings Limited 12329410 false 2022-04-01 2023-03-31 2023-03-31 The principal activity of the company is that of building project management. Digita Accounts Production Advanced 6.30.9574.0 true 12329410 2022-04-01 2023-03-31 12329410 2023-03-31 12329410 bus:OrdinaryShareClass1 2023-03-31 12329410 2 2023-03-31 12329410 core:RetainedEarningsAccumulatedLosses 2023-03-31 12329410 core:ShareCapital 2023-03-31 12329410 core:CurrentFinancialInstruments 2023-03-31 12329410 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 12329410 core:Non-currentFinancialInstruments core:AfterOneYear 2023-03-31 12329410 bus:SmallEntities 2022-04-01 2023-03-31 12329410 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 12329410 bus:FullAccounts 2022-04-01 2023-03-31 12329410 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 12329410 bus:RegisteredOffice 2022-04-01 2023-03-31 12329410 bus:Director1 2022-04-01 2023-03-31 12329410 bus:OrdinaryShareClass1 2022-04-01 2023-03-31 12329410 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 12329410 core:EntitiesWithJointControlOrSignificantInfluenceOverReportingEntity 2022-04-01 2023-03-31 12329410 countries:EnglandWales 2022-04-01 2023-03-31 12329410 2021-04-01 2022-03-31 12329410 2022-03-31 12329410 bus:OrdinaryShareClass1 2022-03-31 12329410 2 2022-03-31 12329410 core:RetainedEarningsAccumulatedLosses 2022-03-31 12329410 core:ShareCapital 2022-03-31 12329410 core:CurrentFinancialInstruments 2022-03-31 12329410 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 12329410 core:Non-currentFinancialInstruments core:AfterOneYear 2022-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 12329410

Bonham Holdings Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2023

 

Bonham Holdings Limited

Contents


 

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 6

 

Bonham Holdings Limited

Registration number: 12329410

Balance Sheet as at 31 March 2023

Note

2023
£

2022
£

Current assets

 

Debtors

4

42,424

53,285

Cash at bank and in hand

 

743

9,597

 

43,167

62,882

Creditors: Amounts falling due within one year

5

(8,640)

(21,050)

Total assets less current liabilities

 

34,527

41,832

Creditors: Amounts falling due after more than one year

5

(34,259)

(39,815)

Net assets

 

268

2,017

Capital and reserves

 

Called up share capital

100

100

Profit and loss account

168

1,917

Total equity

 

268

2,017



The director's statements required by sections 475 (2) and (3) are shown on the following page which forms part of this Balance Sheet.

 

Bonham Holdings Limited

Registration number: 12329410

Balance Sheet as at 31 March 2023 (continued)

For the financial year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 7 November 2023
 


N M R Bonham
Director

 

Bonham Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
10 Chapter Drive
Kimberley
Nottingham
NG16 2QD
England

These financial statements were authorised for issue by the director on 7 November 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Bonham Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023 (continued)

2

Accounting policies (continued)

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2022 - 1).

4

Debtors

Note

2023
£

2022
£

Amounts owed by related parties

7

-

7,000

Other debtors

 

31,961

34,932

Taxation

10,463

11,353

 

42,424

53,285

The amounts owed to the company at the year-end in respect of the directors' loans was £31,961 and is included in other debtors. It is company policy to charge interest on all overdrawn loan accounts at HM Revenue & Customs official rate of interest.

 

Bonham Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023 (continued)

5

Creditors

Creditors: amounts falling due within one year

Note

2023
£

2022
£

Due within one year

 

Bank loans and overdrafts

5,556

5,556

Amounts owed to group undertakings and undertakings in which the company has a participating interest

7

-

3,659

Taxation and social security

 

2,187

11,097

Other creditors

 

897

738

 

8,640

21,050

Due after one year

 

Loans and borrowings

34,259

39,815


 

Creditors: amounts falling due after more than one year

Creditors include bank loans repayable by instalments of £12,037 (2021 - £17,592) due after more than five years.

6

Share capital

Allotted, called up and fully paid shares

 

2023

2022

 

No.

£

No.

£

Ordinary £1 shares of £1 each

100

100

100

100

         
 

Bonham Holdings Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2023 (continued)

7

Related party transactions

Summary of transactions with entities with joint control or significant interest


Companies under common control

 The company received loans from a company under the control of the director. As at 31st March 2023 the company owed this company £nil (2022 - £3,659). During the year Bonham Holdings Limited received income from this company in respect of consultancy works. The amount received in the current year was £1,500 (2022 - nil).