Caseware UK (AP4) 2022.0.179 2022.0.179 2022-12-312022-12-311truefalse2022-01-01No description of principal activity1trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 12358461 2022-01-01 2022-12-31 12358461 2021-01-01 2021-12-31 12358461 2022-12-31 12358461 2021-12-31 12358461 c:Director1 2022-01-01 2022-12-31 12358461 c:RegisteredOffice 2022-01-01 2022-12-31 12358461 d:CurrentFinancialInstruments 2022-12-31 12358461 d:CurrentFinancialInstruments 2021-12-31 12358461 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 12358461 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 12358461 d:ShareCapital 2022-12-31 12358461 d:ShareCapital 2021-12-31 12358461 d:RetainedEarningsAccumulatedLosses 2022-12-31 12358461 d:RetainedEarningsAccumulatedLosses 2021-12-31 12358461 c:FRS102 2022-01-01 2022-12-31 12358461 c:AuditExempt-NoAccountantsReport 2022-01-01 2022-12-31 12358461 c:FullAccounts 2022-01-01 2022-12-31 12358461 c:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 iso4217:GBP xbrli:pure
Company registration number: 12358461







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 DECEMBER 2022


BIRD IN HAND (EUROPE) LIMITED






































img42d7.png                        

 


BIRD IN HAND (EUROPE) LIMITED
 


 
COMPANY INFORMATION


Director
A J Nugent 




Registered number
12358461



Registered office
Lynton house
7-12 Travistock Square

London

United Kingdom

WC1H 9LT




Accountants
Menzies LLP

7-12 Travistock Square

London

WC1H 9LT





 


BIRD IN HAND (EUROPE) LIMITED
REGISTERED NUMBER:12358461



STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2022

2022
2021
Note
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
44,594
145

Cash at bank and in hand
  
7,029
-

  
51,623
145

Creditors: amounts falling due within one year
 5 
(680,015)
(187,146)

Net current liabilities
  
 
 
(628,392)
 
 
(187,001)

Total assets less current liabilities
  
(628,392)
(187,001)

  

Net liabilities
  
(628,392)
(187,001)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(628,492)
(187,101)

  
(628,392)
(187,001)


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 22 December 2023.




A J Nugent
Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

 


BIRD IN HAND (EUROPE) LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

1.


General information

Bird in Hand (Europe) Limited is a private company, limited by shares, registered in England & Wales, company registration number 12358461. The registered office is disclosed on the company information page.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the statement of income and retained earnings within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

Page 2

 


BIRD IN HAND (EUROPE) LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

2.Accounting policies (continued)

 
2.5

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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 income.

 
2.6

Financial instruments

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

The Company has elected to apply the recognition and measurement provisions of IFRS 9 Financial Instruments (as adopted by the UK Endorsement Board) with the disclosure requirements of Sections 11 and 12 and the other presentation requirements of FRS 102.

Other financial assets

Other financial assets, which includes investments in equity instruments which are not classified as subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the recognised transaction price. Such assets are subsequently measured at fair value with the changes in fair value being recognised in the profit or loss. Where other financial assets are not publicly traded, hence their fair value cannot be measured reliably, they are measured at cost less impairment.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2021 - 1).


4.


Debtors

2022
2021
£
£


Trade debtors
25,032
-

Other debtors
19,562
145

44,594
145


Page 3

 


BIRD IN HAND (EUROPE) LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022

5.


Creditors: Amounts falling due within one year

2022
2021
£
£

Trade creditors
44,439
1,280

Amounts owed to group undertakings
614,547
173,707

Corporation tax
-
724

Other taxation and social security
9,537
3,635

Other creditors
6,507
4,800

Accruals and deferred income
4,985
3,000

680,015
187,146



6.


Controlling party

The parent company is Eurasian Crane Investments PTY Limited located at 80, Level 8 Flinders street, Adelaide,
Australia.

 
Page 4