2022-05-26 01315055 2023-05-25 01315055 2022-05-26 2023-05-25 01315055 2022-05-25 01315055 2021-05-26 2022-05-25 01315055 uk-core:WithinOneYear 2022-05-25 01315055 uk-core:WithinOneYear 2023-05-25 01315055 uk-core:ShareCapital 2023-05-25 01315055 uk-core:ShareCapital 2022-05-25 01315055 uk-core:InvestmentPropertiesRevaluationReserve 2023-05-25 01315055 uk-core:InvestmentPropertiesRevaluationReserve 2022-05-25 01315055 uk-core:RetainedEarningsAccumulatedLosses 2023-05-25 01315055 uk-core:RetainedEarningsAccumulatedLosses 2022-05-25 01315055 uk-bus:Director1 2022-05-26 2023-05-25 01315055 uk-core:PlantMachinery 2022-05-26 2023-05-25 iso4217:GBP xbrli:pure 01315055 uk-bus:AuditExemptWithAccountantsReport 2022-05-26 2023-05-25 01315055 uk-bus:FRS102 2022-05-26 2023-05-25 01315055 uk-bus:FullAccounts 2022-05-26 2023-05-25 01315055 uk-bus:PrivateLimitedCompanyLtd 2022-05-26 2023-05-25
Berand Homes Limited
Registered Number:01315055
For the year ended 25 May 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 25 May 2023
Berand Homes Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
01315055
As at 25 May 2023
Berand Homes Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
74
93
2
3
210,000
210,000
Investment property
210,074
210,093
Current assets
Inventories
10,000
10,000
4
Trade and other receivables
50,890
47,877
5
275,900
Cash and cash equivalents
274,533
332,410
336,790
Trade and other payables: amounts falling due within one year
(166,685)
(165,333)
6
170,105
167,077
Net current assets
Total assets less current liabilities
377,151
380,198
(20,565)
(20,565)
Provisions for liabilities
356,586
Net assets
359,633
Capital and reserves
Called up share capital
2
2
Fair value reserve
82,262
82,262
Retained earnings
274,322
277,369
356,586
359,633
Shareholders' funds
For the year ended 25 May 2023 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 25 May 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr A Plumb Director
These financial statements were approved and authorised for issue by the Board on 21 February 2024 and were signed by:
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4
Registered Number :
01315055
For the year ended 25 May 2023
Berand Homes Limited
Statement of Financial Position Continued
The notes form part of these financial statements
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5
For the year ended 25 May 2023
Berand Homes Limited
Notes to the Financial Statements
Statutory Information
Berand Homes Limited is a private limited company, limited by shares, domiciled in England and Wales, registration number
01315055.
Registered address:
Chester Villa
Mosscroft Lane
Hatfield
Doncaster
DN7 6BE
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard
102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006. The
financial statements have been prepared under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
20% Reducing balance
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.
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
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6
For the year ended 25 May 2023
Berand Homes Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Plant and
machinery
£
Cost or valuation
At 26 May 2022
8,479
At 25 May 2023
8,479
Provision for depreciation and impairment
At 26 May 2022
8,386
Charge for year
19
At 25 May 2023
8,405
At 25 May 2023
Net book value
74
At 25 May 2022
93
3. Investment property
Total
£
Fair value
At 26 May 2022
210,000
At 25 May 2023
210,000
Net book value
At 25 May 2023
210,000
At 25 May 2022
210,000
4. Inventories
2022
2023
£
£
Stocks
10,000
10,000
5. Trade and other receivables
2022
2023
£
£
Trade debtors
-
741
Other debtors
47,877
50,149
50,890
47,877
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7
For the year ended 25 May 2023
Berand Homes Limited
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
1,337
1,267
Other creditors
163,996
165,418
165,333
166,685
7. Related party transactions
C Plumb & Sons (Hatfield) Ltd
Mr A Plumb is also director and shareholder
no transactions
The balance at year end is £163,968 2022: £163,968 included in other creditors.
Gamesuper Limited
Mr A Plumb is also director and shareholder.
no transactions
The balance a year end is £47,803 included in other debtors. 2022: £47,803 included in other debtors.
Mr A Plumb is the director with significant control.
8. Average number of persons employed
During the year the average number of employees was 1 (2022 : 1)
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