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REGISTERED NUMBER: 00229477 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31 May 2024

for

BIRD AND DAVIS LIMITED

BIRD AND DAVIS LIMITED (REGISTERED NUMBER: 00229477)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BIRD AND DAVIS LIMITED

Company Information
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: R Orsi
M R Orsi





SECRETARY: Mrs J L Orsi





REGISTERED OFFICE: 115a Brunswick Park Road
London
N11 1EA





REGISTERED NUMBER: 00229477 (England and Wales)





ACCOUNTANTS: Marchant Lewis Limited
105a Caversham Avenue
London
N13 4LL

BIRD AND DAVIS LIMITED (REGISTERED NUMBER: 00229477)

Balance Sheet
31 MAY 2024

31.5.24 31.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 433,846 425,787

CURRENT ASSETS
Stocks 93,977 97,239
Debtors 5 28,465 38,680
Cash at bank 76,516 175,330
198,958 311,249
CREDITORS
Amounts falling due within one year 6 185,383 321,098
NET CURRENT ASSETS/(LIABILITIES) 13,575 (9,849 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

447,421

415,938

PROVISIONS FOR LIABILITIES 9,298 9,298
NET ASSETS 438,123 406,640

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 437,123 405,640
SHAREHOLDERS' FUNDS 438,123 406,640

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

BIRD AND DAVIS LIMITED (REGISTERED NUMBER: 00229477)

Balance Sheet - continued
31 MAY 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 August 2024 and were signed on its behalf by:





R Orsi - Director


BIRD AND DAVIS LIMITED (REGISTERED NUMBER: 00229477)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MAY 2024

1. STATUTORY INFORMATION

Bird and Davis Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% on NBV
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

BIRD AND DAVIS LIMITED (REGISTERED NUMBER: 00229477)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MAY 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2023 - 9 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 June 2023 30,154 644,314 35,638
Additions 4,180 25,451 -
Disposals - - -
At 31 May 2024 34,334 669,765 35,638
DEPRECIATION
At 1 June 2023 30,154 308,317 30,990
Charge for year 418 54,218 697
Eliminated on disposal - - -
At 31 May 2024 30,572 362,535 31,687
NET BOOK VALUE
At 31 May 2024 3,762 307,230 3,951
At 31 May 2023 - 335,997 4,648

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 June 2023 178,100 37,668 925,874
Additions 118,180 3,917 151,728
Disposals (121,980 ) - (121,980 )
At 31 May 2024 174,300 41,585 955,622
DEPRECIATION
At 1 June 2023 97,765 32,861 500,087
Charge for year 19,134 588 75,055
Eliminated on disposal (53,366 ) - (53,366 )
At 31 May 2024 63,533 33,449 521,776
NET BOOK VALUE
At 31 May 2024 110,767 8,136 433,846
At 31 May 2023 80,335 4,807 425,787

BIRD AND DAVIS LIMITED (REGISTERED NUMBER: 00229477)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MAY 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Trade debtors 28,465 38,680

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.24 31.5.23
£    £   
Other loans 21,018 31,667
Hire purchase contracts - 81,675
Trade creditors 119,677 159,613
Tax 136 -
Social security and other taxes 39,852 43,643
Accrued expenses 4,700 4,500
185,383 321,098

7. RELATED PARTY DISCLOSURES

The property at 115a |Brunswick Road London N11 1EA from which the company now trades is owned by the shareholders. During the year ended 31 May 2024 rent was paid to the shareholders in respect of the property in the sum of £168,000 ( 2022- £136,000).