Caseware UK (AP4) 2022.0.179 2022.0.179 2023-06-302023-06-30falseThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-07-01trueNo description of principal activity22falsefalse 11440114 2022-07-01 2023-06-30 11440114 2021-07-01 2022-06-30 11440114 2023-06-30 11440114 2022-06-30 11440114 c:Director1 2022-07-01 2023-06-30 11440114 d:PlantMachinery 2022-07-01 2023-06-30 11440114 d:PlantMachinery 2023-06-30 11440114 d:PlantMachinery 2022-06-30 11440114 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 11440114 d:CurrentFinancialInstruments 2023-06-30 11440114 d:CurrentFinancialInstruments 2022-06-30 11440114 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 11440114 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 11440114 d:ShareCapital 2023-06-30 11440114 d:ShareCapital 2022-06-30 11440114 d:RetainedEarningsAccumulatedLosses 2023-06-30 11440114 d:RetainedEarningsAccumulatedLosses 2022-06-30 11440114 c:FRS102 2022-07-01 2023-06-30 11440114 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 11440114 c:FullAccounts 2022-07-01 2023-06-30 11440114 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 11440114 e:PoundSterling 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure

Registered number:  11440114














BOLD HEATH COMMERCIALS LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023


 
BOLD HEATH COMMERCIALS LIMITED
REGISTERED NUMBER: 11440114

BALANCE SHEET
AS AT 30 JUNE 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
472
-

  
472
-

Current assets
  

Debtors: amounts falling due within one year
 5 
52,337
11,368

  
52,337
11,368

Creditors: amounts falling due within one year
 6 
(15,938)
(3,091)

Net current assets
  
 
 
36,399
 
 
8,277

Total assets less current liabilities
  
36,871
8,277

  

Net assets
  
36,871
8,277


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
36,771
8,177

  
36,871
8,277


Page 1

 
BOLD HEATH COMMERCIALS LIMITED
REGISTERED NUMBER: 11440114
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2023

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 12 March 2024.



I W Lawson
Director

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
BOLD HEATH COMMERCIALS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1.


General information

Bold Heath Commercials Limited is a private company, limited by shares, incorporated in England and Wales within the United Kingdom, under the Companies Act 2006. The address of the registered office is 701 Clock Face Road, Widnes, WA8 3XX and the company number is 11440114.
These financial statements present information about the company as an individual undertaking; it is not a member of a group companies. 

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

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:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
BOLD HEATH COMMERCIALS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
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 Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
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 balance sheet date in the countries where the Company operates and generates income.

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
20%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 4

 
BOLD HEATH COMMERCIALS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2022 - 2).


4.


Tangible fixed assets





Plant and machinery

£



Cost or valuation


Additions
497



At 30 June 2023

497



Depreciation


Charge for the year on owned assets
25



At 30 June 2023

25



Net book value



At 30 June 2023
472



At 30 June 2022
-

Page 5

 
BOLD HEATH COMMERCIALS LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

5.


Debtors

2023
2022
£
£


Amounts owed by joint ventures and associated undertakings
52,337
11,368

52,337
11,368



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Corporation tax
8,542
1,918

Other taxation and social security
6,621
978

Other creditors
775
195

15,938
3,091



7.


Pension commitments

The Company operates a defined contributions pension scheme. 
The assets of the scheme are held separately from those of the Company  in an independently administered fund. 
The pension cost charge represents contributions payable by the Company  to the fund and amounted to £2,242 (2022 - £234). 
Contributions totalling £511 (2022 - £197) were payable to the fund at the balance sheet date and are included in creditors.


8.


Related party transactions


2023
2022
£
£

Sales to a related party
185,170
40,606
Rent and administration support paid to a related party
12,000
-
Amount due from a related party
52,337
11,368

 
Page 6