2022-05-012023-04-302023-04-30false12580986Bernard Hainult Ltd2023-09-29iso4217:GBPxbrli:pure125809862022-05-01125809862023-04-30125809862022-05-012023-04-30125809862021-05-01125809862022-04-30125809862021-05-012022-04-3012580986bus:SmallEntities2022-05-012023-04-3012580986bus:AuditExempt-NoAccountantsReport2022-05-012023-04-3012580986bus:FullAccounts2022-05-012023-04-3012580986bus:PrivateLimitedCompanyLtd2022-05-012023-04-3012580986core:WithinOneYear2023-04-3012580986core:AfterOneYear2023-04-3012580986core:WithinOneYear2022-04-3012580986core:AfterOneYear2022-04-3012580986core:ShareCapital2023-04-3012580986core:SharePremium2023-04-3012580986core:RevaluationReserve2023-04-3012580986core:OtherReservesSubtotal2023-04-3012580986core:RetainedEarningsAccumulatedLosses2023-04-3012580986core:ShareCapital2022-04-3012580986core:SharePremium2022-04-3012580986core:RevaluationReserve2022-04-3012580986core:OtherReservesSubtotal2022-04-3012580986core:RetainedEarningsAccumulatedLosses2022-04-3012580986core:LandBuildings2023-04-3012580986core:PlantMachinery2023-04-3012580986core:Vehicles2023-04-3012580986core:FurnitureFittings2023-04-3012580986core:OfficeEquipment2023-04-3012580986core:NetGoodwill2023-04-3012580986core:IntangibleAssetsOtherThanGoodwill2023-04-3012580986core:ListedExchangeTraded2023-04-3012580986core:UnlistedNon-exchangeTraded2023-04-3012580986core:LandBuildings2022-04-3012580986core:PlantMachinery2022-04-3012580986core:Vehicles2022-04-3012580986core:FurnitureFittings2022-04-3012580986core:OfficeEquipment2022-04-3012580986core:NetGoodwill2022-04-3012580986core:IntangibleAssetsOtherThanGoodwill2022-04-3012580986core:ListedExchangeTraded2022-04-3012580986core:UnlistedNon-exchangeTraded2022-04-3012580986core:LandBuildings2022-05-012023-04-3012580986core:PlantMachinery2022-05-012023-04-3012580986core:Vehicles2022-05-012023-04-3012580986core:FurnitureFittings2022-05-012023-04-3012580986core:OfficeEquipment2022-05-012023-04-3012580986core:NetGoodwill2022-05-012023-04-3012580986core:IntangibleAssetsOtherThanGoodwill2022-05-012023-04-3012580986core:ListedExchangeTraded2022-05-012023-04-3012580986core:UnlistedNon-exchangeTraded2022-05-012023-04-3012580986core:MoreThanFiveYears2022-05-012023-04-3012580986core:Non-currentFinancialInstruments2023-04-3012580986core:Non-currentFinancialInstruments2022-04-3012580986dpl:CostSales2022-05-012023-04-3012580986dpl:DistributionCosts2022-05-012023-04-3012580986core:LandBuildings2022-05-012023-04-3012580986core:PlantMachinery2022-05-012023-04-3012580986core:Vehicles2022-05-012023-04-3012580986core:FurnitureFittings2022-05-012023-04-3012580986core:OfficeEquipment2022-05-012023-04-3012580986dpl:AdministrativeExpenses2022-05-012023-04-3012580986core:NetGoodwill2022-05-012023-04-3012580986core:IntangibleAssetsOtherThanGoodwill2022-05-012023-04-3012580986dpl:GroupUndertakings2022-05-012023-04-3012580986dpl:ParticipatingInterests2022-05-012023-04-3012580986dpl:GroupUndertakingscore:ListedExchangeTraded2022-05-012023-04-3012580986core:ListedExchangeTraded2022-05-012023-04-3012580986dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-05-012023-04-3012580986core:UnlistedNon-exchangeTraded2022-05-012023-04-3012580986dpl:CostSales2021-05-012022-04-3012580986dpl:DistributionCosts2021-05-012022-04-3012580986core:LandBuildings2021-05-012022-04-3012580986core:PlantMachinery2021-05-012022-04-3012580986core:Vehicles2021-05-012022-04-3012580986core:FurnitureFittings2021-05-012022-04-3012580986core:OfficeEquipment2021-05-012022-04-3012580986dpl:AdministrativeExpenses2021-05-012022-04-3012580986core:NetGoodwill2021-05-012022-04-3012580986core:IntangibleAssetsOtherThanGoodwill2021-05-012022-04-3012580986dpl:GroupUndertakings2021-05-012022-04-3012580986dpl:ParticipatingInterests2021-05-012022-04-3012580986dpl:GroupUndertakingscore:ListedExchangeTraded2021-05-012022-04-3012580986core:ListedExchangeTraded2021-05-012022-04-3012580986dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-05-012022-04-3012580986core:UnlistedNon-exchangeTraded2021-05-012022-04-3012580986core:NetGoodwill2023-04-3012580986core:IntangibleAssetsOtherThanGoodwill2023-04-3012580986core:LandBuildings2023-04-3012580986core:PlantMachinery2023-04-3012580986core:Vehicles2023-04-3012580986core:FurnitureFittings2023-04-3012580986core:OfficeEquipment2023-04-3012580986core:AfterOneYear2023-04-3012580986core:WithinOneYear2023-04-3012580986core:ListedExchangeTraded2023-04-3012580986core:UnlistedNon-exchangeTraded2023-04-3012580986core:ShareCapital2023-04-3012580986core:SharePremium2023-04-3012580986core:RevaluationReserve2023-04-3012580986core:OtherReservesSubtotal2023-04-3012580986core:RetainedEarningsAccumulatedLosses2023-04-3012580986core:NetGoodwill2022-04-3012580986core:IntangibleAssetsOtherThanGoodwill2022-04-3012580986core:LandBuildings2022-04-3012580986core:PlantMachinery2022-04-3012580986core:Vehicles2022-04-3012580986core:FurnitureFittings2022-04-3012580986core:OfficeEquipment2022-04-3012580986core:AfterOneYear2022-04-3012580986core:WithinOneYear2022-04-3012580986core:ListedExchangeTraded2022-04-3012580986core:UnlistedNon-exchangeTraded2022-04-3012580986core:ShareCapital2022-04-3012580986core:SharePremium2022-04-3012580986core:RevaluationReserve2022-04-3012580986core:OtherReservesSubtotal2022-04-3012580986core:RetainedEarningsAccumulatedLosses2022-04-3012580986core:NetGoodwill2021-05-0112580986core:IntangibleAssetsOtherThanGoodwill2021-05-0112580986core:LandBuildings2021-05-0112580986core:PlantMachinery2021-05-0112580986core:Vehicles2021-05-0112580986core:FurnitureFittings2021-05-0112580986core:OfficeEquipment2021-05-0112580986core:AfterOneYear2021-05-0112580986core:WithinOneYear2021-05-0112580986core:ListedExchangeTraded2021-05-0112580986core:UnlistedNon-exchangeTraded2021-05-0112580986core:ShareCapital2021-05-0112580986core:SharePremium2021-05-0112580986core:RevaluationReserve2021-05-0112580986core:OtherReservesSubtotal2021-05-0112580986core:RetainedEarningsAccumulatedLosses2021-05-0112580986core:AfterOneYear2022-05-012023-04-3012580986core:WithinOneYear2022-05-012023-04-3012580986core:Non-currentFinancialInstrumentscore:CostValuation2022-05-012023-04-3012580986core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-05-012023-04-3012580986core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-05-012023-04-3012580986core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-05-012023-04-3012580986core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-05-012023-04-3012580986core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-05-012023-04-3012580986core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-05-012023-04-3012580986core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-05-012023-04-3012580986core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-05-012023-04-3012580986core:Non-currentFinancialInstrumentscore:CostValuation2023-04-3012580986core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-04-3012580986core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-04-3012580986core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-04-3012580986core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-04-3012580986core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-04-3012580986core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-04-3012580986core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-04-3012580986core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-04-3012580986core:Non-currentFinancialInstrumentscore:CostValuation2022-04-3012580986core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-04-3012580986core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-04-3012580986core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-04-3012580986core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-04-3012580986core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-04-3012580986core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-04-3012580986core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-04-3012580986core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-04-3012580986bus:Director12022-05-012023-04-3012580986bus:Director22022-05-012023-04-3012580986bus:Director32022-05-012023-04-30

Bernard Hainult Ltd

Registered Number
12580986
(England and Wales)

Unaudited Financial Statements for the Year ended
30 April 2023

Bernard Hainult Ltd
Company Information
for the year from 1 May 2022 to 30 April 2023

Directors

Mandeep Singh Binning
Antonis Demetri
Antonis Theori

Registered Address

2nd Floor 10-12 Bourlet Close
London
W1W 7BR

Place of Business

Olive Tree Centre

472A Larkshall Road

Higham's Park

London

E4 9HH


Registered Number

12580986 (England and Wales)
Bernard Hainult Ltd
Balance Sheet as at
30 April 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets67,200,0006,240,000
7,200,0006,240,000
Current assets
Debtors754,43365,259
Cash at bank and on hand43,11690,414
97,549155,673
Creditors amounts falling due within one year8(504,647)(482,063)
Net current assets (liabilities)(407,098)(326,390)
Total assets less current liabilities6,792,9025,913,610
Creditors amounts falling due after one year9(3,869,233)(3,930,000)
Provisions for liabilities10(789,568)(549,568)
Net assets2,134,1011,434,042
Capital and reserves
Called up share capital150150
Other reserves2,368,7041,648,704
Profit and loss account(234,753)(214,812)
Shareholders' funds2,134,1011,434,042
The financial statements were approved and authorised for issue by the Board of Directors on 29 September 2023, and are signed on its behalf by:
Antonis Theori
Director
Registered Company No. 12580986
Bernard Hainult Ltd
Notes to the Financial Statements
for the year ended 30 April 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Principal activities
The company's principal activities during the year was that of property investment.
4.Accounting policies
Functional and presentation currency policy
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover represents the net value of the rent received as per rental agreements.
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Investment property policy
Investment Properties are stated at fair market valuations. Surplus or deficit arising on there valuation are transferred to the profit and loss account.
Taxation policy
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax policy
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
5.Employee information

20232022
Average number of employees during the year00
6.Property, plant and equipment

Land & buildings

Total

££
Cost or valuation
At 01 May 226,240,0006,240,000
Revaluations960,000960,000
At 30 April 237,200,0007,200,000
Net book value
At 30 April 237,200,0007,200,000
At 30 April 226,240,0006,240,000
The valuation of properties has been carried out by the directors of the company and reflects the fair market value at the balance sheet date. The historical cost of the investment property is £4,041,727.
7.Debtors

2023

2022

££
Trade debtors / trade receivables8,64312,887
Other debtors1,5501,734
Prepayments and accrued income44,24050,638
Total54,43365,259
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
8.Creditors within one year

2023

2022

££
Trade creditors / trade payables27,899832
Bank borrowings and overdrafts49,737-
Taxation and social security1,7321,608
Other creditors411,166465,166
Accrued liabilities and deferred income14,11314,457
Total504,647482,063
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
9.Creditors after one year

2023

2022

££
Bank borrowings and overdrafts3,869,2333,930,000
Total3,869,2333,930,000
The bank and bridging loans are secured against the properties and personal guaranties are given by the directors.
10.Provisions for liabilities

2023

2022

££
Net deferred tax liability (asset)789,568549,568
Total789,568549,568