Registered number
SC663096
S & B Bhachu Limited
Filleted Accounts
31 March 2023
S & B Bhachu Limited
Registered number: SC663096
Balance Sheet
as at 31 March 2023
Notes 2023 2022
£ £
Current assets
Cash at bank and in hand 100 100
Creditors: amounts falling due within one year 3 (1,664) (1,224)
Net current liabilities (1,564) (1,124)
Net liabilities (1,564) (1,124)
Capital and reserves
Called up share capital 100 100
Profit and loss account (1,664) (1,224)
Shareholders' funds (1,564) (1,124)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
S S Bhachu, Esq.
Director
Approved by the board on 26 December 2023
S & B Bhachu Limited
Notes to the Accounts
for the year ended 31 March 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts. Turnover includes revenue earned from the rental of properties.
Creditors
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.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 2 2
3 Creditors: amounts falling due within one year 2023 2022
£ £
Other creditors 1,664 1,224
Included in creditors is £944 (2022: £504) owing to the directors. The loans are interest-free and there is no fixed date of repayment. The directors have confirmed that the loan will only be repaid as and when cash flow permits.
4 Going concern
The company is dependent on the directors and creditors for their funding to enable the company to continue trading.
5 Controlling party
The company is controlled by Mr and Mrs S.S. Bhachu, who own the entire share capital of the company equally.
6 Other information
S & B Bhachu Limited is a private company limited by shares and incorporated in Scotland. Its registered office is:
c/o Eda Professional Services Ltd
Suite 334, Baltic Chambers, 50 Wellington Street
Glasgow
Scotland
G2 6HJ
S & B Bhachu Limited SC663096 false 2022-04-01 2023-03-31 2023-03-31 VT Final Accounts October 2023 release 2 S S Bhachu, Esq. No description of principal activity SC663096 2021-04-01 2022-03-31 SC663096 core:WithinOneYear 2022-03-31 SC663096 core:ShareCapital 2022-03-31 SC663096 core:RetainedEarningsAccumulatedLosses 2022-03-31 SC663096 2022-04-01 2023-03-31 SC663096 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 SC663096 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 SC663096 bus:Director40 2022-04-01 2023-03-31 SC663096 2 2022-04-01 2023-03-31 SC663096 countries:England 2022-04-01 2023-03-31 SC663096 bus:FRS102 2022-04-01 2023-03-31 SC663096 bus:FullAccounts 2022-04-01 2023-03-31 SC663096 2023-03-31 SC663096 core:WithinOneYear 2023-03-31 SC663096 core:ShareCapital 2023-03-31 SC663096 core:RetainedEarningsAccumulatedLosses 2023-03-31 SC663096 2022-03-31 iso4217:GBP xbrli:pure