IRIS Accounts Production v23.3.0.418 07956171 Board of Directors 1.3.22 28.2.23 28.2.23 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh079561712022-02-28079561712023-02-28079561712022-03-012023-02-28079561712021-02-28079561712021-03-012022-02-28079561712022-02-2807956171ns10:Originalns15:EnglandWales2022-03-012023-02-2807956171ns14:PoundSterlingns10:Original2022-03-012023-02-2807956171ns10:Originalns10:Director12022-03-012023-02-2807956171ns10:Original2022-03-012023-02-2807956171ns10:Original2023-02-2807956171ns10:Originalns10:PrivateLimitedCompanyLtd2022-03-012023-02-2807956171ns10:Originalns10:SmallEntities2022-03-012023-02-2807956171ns10:Originalns10:AuditExempt-NoAccountantsReport2022-03-012023-02-2807956171ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2807956171ns10:SmallCompaniesRegimeForAccountsns10:Original2022-03-012023-02-2807956171ns10:Originalns10:FullAccounts2022-03-012023-02-2807956171ns10:Originalns10:Director22022-03-012023-02-2807956171ns10:Originalns10:RegisteredOffice2022-03-012023-02-2807956171ns10:Original2022-02-2807956171ns10:Originalns5:CurrentFinancialInstruments2023-02-2807956171ns10:Originalns5:CurrentFinancialInstruments2022-02-2807956171ns10:Originalns5:Non-currentFinancialInstruments2023-02-2807956171ns10:Originalns5:Non-currentFinancialInstruments2022-02-2807956171ns5:ShareCapitalns10:Original2023-02-2807956171ns5:ShareCapitalns10:Original2022-02-2807956171ns10:Originalns5:RevaluationReserve2023-02-2807956171ns10:Originalns5:RevaluationReserve2022-02-2807956171ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-02-2807956171ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-02-2807956171ns10:Original2021-03-012022-02-2807956171ns10:Original2022-02-2807956171ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2807956171ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-02-28
















BIRCH INVESTMENTS LIMITED

Unaudited Financial Statements

for the Year Ended 28th February 2023






BIRCH INVESTMENTS LIMITED (REGISTERED NUMBER: 07956171)






Contents of the Financial Statements
for the year ended 28th February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BIRCH INVESTMENTS LIMITED

Company Information
for the year ended 28th February 2023







DIRECTORS: P Piercy
Mrs C Piercy





REGISTERED OFFICE: 67c Corporation Road
Birkenhead
Merseyside
CH41 3NG





REGISTERED NUMBER: 07956171 (England and Wales)





ACCOUNTANTS: Haines Watts Wirral Limited
1 Abbots Quay
Monks Ferry
Birkenhead
Merseyside
CH41 5LH

BIRCH INVESTMENTS LIMITED (REGISTERED NUMBER: 07956171)

Balance Sheet
28th February 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 545,000 350,333

CURRENT ASSETS
Debtors 5 1,453 1,409
Cash at bank 4,170 3,624
5,623 5,033
CREDITORS
Amounts falling due within one year 6 42,467 53,828
NET CURRENT LIABILITIES (36,844 ) (48,795 )
TOTAL ASSETS LESS CURRENT LIABILITIES 508,156 301,538

CREDITORS
Amounts falling due after more than one
year

7

(92,121

)

(101,751

)

PROVISIONS FOR LIABILITIES (48,667 ) (8,369 )
NET ASSETS 367,368 191,418

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 8 146,000 -
Retained earnings 221,268 191,318
367,368 191,418

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 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.

BIRCH INVESTMENTS LIMITED (REGISTERED NUMBER: 07956171)

Balance Sheet - continued
28th February 2023


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 10th October 2023 and were signed on its behalf by:





P Piercy - Director


BIRCH INVESTMENTS LIMITED (REGISTERED NUMBER: 07956171)

Notes to the Financial Statements
for the year ended 28th February 2023

1. STATUTORY INFORMATION

Birch Investments 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 ) .

BIRCH INVESTMENTS LIMITED (REGISTERED NUMBER: 07956171)

Notes to the Financial Statements - continued
for the year ended 28th February 2023

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st March 2022 350,333
Revaluations 194,667
At 28th February 2023 545,000
NET BOOK VALUE
At 28th February 2023 545,000
At 28th February 2022 350,333

Fair value at 28th February 2023 is represented by:
£   
Valuation in 2023 194,667
Cost 350,333
545,000

If freehold land and buildings had not been revalued they would have been included at the following historical cost:

2023 2022
£    £   
Cost 350,333 350,333

Freehold land and buildings were valued on a fair value basis on 2nd October 2023 by the directors of the company .

The directors believe the value shown reflects the current fair value of the assets as at 31 March 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 430 430
Other debtors 1,023 979
1,453 1,409

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 9,570 9,570
Taxation and social security 5,063 5,490
Other creditors 27,834 38,768
42,467 53,828

BIRCH INVESTMENTS LIMITED (REGISTERED NUMBER: 07956171)

Notes to the Financial Statements - continued
for the year ended 28th February 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 92,121 101,751

8. RESERVES
Revaluation
reserve
£   
Transfer 146,000

At 28th February 2023 146,000

9. RELATED PARTY DISCLOSURES

Included in other creditors is an amount of £nil ( 2022 : £545 ) owed to Mr P Piercy the director of the company.