Company registration number 11656807 (England and Wales)
BIRBECK AMETHYST LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023
PAGES FOR FILING WITH REGISTRAR
BIRBECK AMETHYST LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
BIRBECK AMETHYST LTD (REGISTERED NUMBER: 11656807)
BALANCE SHEET
AS AT
30 NOVEMBER 2023
30 November 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Investment property
3
201,652
Current assets
Cash at bank and in hand
40,227
13,202
Creditors: amounts falling due within one year
4
(36,264)
(100,367)
Net current assets/(liabilities)
3,963
(87,165)
Total assets less current liabilities
3,963
114,487
Creditors: amounts falling due after more than one year
(105,052)
Net assets
3,963
9,435
Capital and reserves
Called up share capital
120
120
Profit and loss reserves
3,843
9,315
Total equity
3,963
9,435
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 24 January 2024 and are signed on its behalf by:
Mr B W I Sissons
Director
BIRBECK AMETHYST LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023
- 2 -
1
Accounting policies
Company information
Birbeck Amethyst Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 33 Burgate, Pickering, North Yorkshire, YO18 7AU.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.
The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.
1.2
Going concern
Atruet the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
The company has on going financial support from its directors.
1.3
Turnover
Turnover represents rental income received during the year.
1.4
Investment property
Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value at the reporting end date. Changes in fair value are recognised in profit or loss.
1.5
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
2
2
BIRBECK AMETHYST LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 NOVEMBER 2023
- 3 -
3
Investment property
2023
£
Fair value
At 1 December 2022
201,652
Disposals
(201,652)
At 30 November 2023
4
Creditors: amounts falling due within one year
2023
2022
£
£
Taxation and social security
203
Other creditors
36,264
100,164
36,264
100,367