Company registration number 06568612 (England and Wales)
BIRBECK HIGHSTONE LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
PAGES FOR FILING WITH REGISTRAR
BIRBECK HIGHSTONE LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
BIRBECK HIGHSTONE LTD (REGISTERED NUMBER: 06568612)
BALANCE SHEET
AS AT
31 MARCH 2023
31 March 2023
- 1 -
31 March 2023
30 April 2022
Notes
£
£
£
£
Current assets
Debtors
4
6,726
6,520
Cash at bank and in hand
37,497
89,009
44,223
95,529
Creditors: amounts falling due within one year
5
(39,278)
(18,816)
Net current assets
4,945
76,713
Capital and reserves
Called up share capital
1,000
1,000
Profit and loss reserves
3,945
75,713
Total equity
4,945
76,713
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
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 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 HIGHSTONE LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
- 2 -
1
Accounting policies
Company information
Birbeck Highstone 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. The principal accounting policies adopted are set out below.
1.2
Going concern
Atruet the time of approving the financial statements, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the director continues to adopt the going concern basis of accounting in preparing the financial statements.
1.3
Turnover
Turnover is recognised at the fair value of the consideration received for services provided in the normal course of business, and is shown net of VAT.
1.4
Intangible fixed assets other than goodwill
Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.
Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Intellectual property
5 year useful life
1.5
Taxation
The tax expense represents the sum of the tax currently payable.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was 1 (2022 - 2).
2023
2022
Number
Number
Total
1
2
BIRBECK HIGHSTONE LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2023
- 3 -
3
Intangible fixed assets
Intellectual property
£
Cost
At 1 May 2022
300,000
Disposals
(300,000)
At 31 March 2023
Amortisation and impairment
At 1 May 2022
300,000
Disposals
(300,000)
At 31 March 2023
Carrying amount
At 31 March 2023
At 30 April 2022
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Other debtors
6,726
6,520
5
Creditors: amounts falling due within one year
2023
2022
£
£
Taxation and social security
27,747
6,612
Other creditors
11,531
12,204
39,278
18,816