IRIS Accounts Production v24.2.0.383 05109994 Board of Directors 1.5.23 30.4.24 30.4.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh051099942023-04-30051099942024-04-30051099942023-05-012024-04-30051099942022-04-30051099942022-05-012023-04-30051099942023-04-3005109994ns15:EnglandWales2023-05-012024-04-3005109994ns14:PoundSterling2023-05-012024-04-3005109994ns10:Director12023-05-012024-04-3005109994ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3005109994ns10:SmallEntities2023-05-012024-04-3005109994ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3005109994ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3005109994ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3005109994ns10:FullAccounts2023-05-012024-04-3005109994ns10:Director22023-05-012024-04-3005109994ns10:Director32023-05-012024-04-3005109994ns10:RegisteredOffice2023-05-012024-04-3005109994ns5:CurrentFinancialInstruments2024-04-3005109994ns5:CurrentFinancialInstruments2023-04-3005109994ns5:ShareCapital2024-04-3005109994ns5:ShareCapital2023-04-3005109994ns5:SharePremium2024-04-3005109994ns5:SharePremium2023-04-3005109994ns5:CapitalRedemptionReserve2024-04-3005109994ns5:CapitalRedemptionReserve2023-04-3005109994ns5:RetainedEarningsAccumulatedLosses2024-04-3005109994ns5:RetainedEarningsAccumulatedLosses2023-04-3005109994ns5:LeaseholdImprovements2023-05-012024-04-3005109994ns5:FurnitureFittings2023-05-012024-04-3005109994ns5:ComputerEquipment2023-05-012024-04-3005109994ns5:LeaseholdImprovements2023-04-3005109994ns5:FurnitureFittings2023-04-3005109994ns5:ComputerEquipment2023-04-3005109994ns5:LeaseholdImprovements2024-04-3005109994ns5:FurnitureFittings2024-04-3005109994ns5:ComputerEquipment2024-04-3005109994ns5:LeaseholdImprovements2023-04-3005109994ns5:FurnitureFittings2023-04-3005109994ns5:ComputerEquipment2023-04-3005109994ns5:CostValuation2023-04-3005109994ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-04-3005109994ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-04-3005109994ns5:RetainedEarningsAccumulatedLosses2023-04-3005109994ns5:SharePremium2023-04-3005109994ns5:CapitalRedemptionReserve2023-04-3005109994ns5:RetainedEarningsAccumulatedLosses2023-05-012024-04-30
REGISTERED NUMBER: 05109994 (England and Wales)















BEH Interiors Limited

Unaudited Financial Statements

for the Year Ended 30 April 2024






BEH Interiors Limited (Registered number: 05109994)

Contents of the Financial Statements
for the year ended 30 April 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BEH Interiors Limited

Company Information
for the year ended 30 April 2024







Directors: M J Harris
K A Bernard
G Layton





Registered office: International House
36 -38 Cornhill
London
EC3V 3NG





Registered number: 05109994 (England and Wales)






BEH Interiors Limited (Registered number: 05109994)

Balance Sheet
30 April 2024

2024 2023
Notes £ £ £ £
Fixed assets
Tangible assets 4 71,875 12,070
Investments 5 - -
71,875 12,070

Current assets
Debtors 6 1,216,962 742,127
Cash at bank 494,560 239,769
1,711,522 981,896
Creditors
Amounts falling due within one year 7 1,227,142 642,856
Net current assets 484,380 339,040
Total assets less current liabilities 556,255 351,110

Provisions for liabilities 3,443 3,443
Net assets 552,812 347,667

Capital and reserves
Called up share capital 539 539
Share premium 8 13,084 13,084
Capital redemption reserve 8 72 72
Retained earnings 8 539,117 333,972
Shareholders' funds 552,812 347,667

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

BEH Interiors Limited (Registered number: 05109994)

Balance Sheet - continued
30 April 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 15 August 2024 and were signed on its behalf by:





M J Harris - Director


BEH Interiors Limited (Registered number: 05109994)

Notes to the Financial Statements
for the year ended 30 April 2024


1. Statutory information

BEH Interiors 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 - 25% on cost
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

BEH Interiors Limited (Registered number: 05109994)

Notes to the Financial Statements - continued
for the year ended 30 April 2024


2. Accounting policies - continued

Going concern
These financial statements have been prepared on a going concern basis.

The current economic conditions present increased risks for all businesses. In response to such conditions, the directors have carefully considered these risks including an assessment on uncertainty on future trading projection for a period of at least 12 months from the date of signing the financial statements, and the extent to which they might affect the preparation of the financial statements on a going concern basis.

Based on assessment, the directors considered that the Company maintains an appropriate level of liquidity, sufficient to meet the demands of the business including any capital and servicing obligations and external debt liabilities.

In addition, the Company's assets are assessed for recoverability on a regular basis, and the directors considered that the Company is not exposed to losses on these assets which would affect their decision to adopt the going concern basis.

The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future and that there are no material uncertainties that lead to significant doubts upon the Company's ability to continue as a going concern. Thus the directors have continued to adopt the going concern basis of accounting in preparing these financial statements

Provisions
Provisions are recognised when there is a present obligation (legal or constructive) as a result of a past event, it is probably that the obligation will be required to be settled, and a reliable estimate can be made of the amount of the obligation. The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting taking into account the risks and uncertainties surrounding the obligation. Provisions are discounted when the time value of money is material.

BEH Interiors Limited (Registered number: 05109994)

Notes to the Financial Statements - continued
for the year ended 30 April 2024


2. Accounting policies - continued

Financial instruments
Financial assets and liabilities are recognised when the Company becomes party to the contractual provisions of the financial instrument. The Company holds financial instruments which comprise cash and cash equivalents, trade and other receivables, equity investments, trade and other payables, loans and borrowings. The company has chosen to apply the provisions of Section 11 Basic Financial Instruments and Section 12 Other Financial Instruments in full.

Financial assets / liabilities - classified as basic financial instruments

(i) Cash and cash equivalents
This includes cash in hand, deposits held with banks, and other short-term highly liquid investments with original maturities of three months or less.

(ii) Trade and other receivables
Trade and other receivables are initially recognised at the transaction price, including any transaction costs, and subsequently measured at amortised cost including the effective interest method, less any provision for impairment. Amounts that are receivable within one year are measured at the undiscounted amount of the cash expected to be received, net of any impairment.

At the end of each reporting period, the Company assesses whether there is objective evidence that an receivable amount may be impaired. A provision for impairment is established when there is objective evidence that the Company will not be able to collect all amounts due according to the original terms of the receivables. The amount of the provision is the difference between the asset's carrying amount and the present value of the estimated future cash flows, discounted at the effective interest rate. The amount of the provision is recognised immediately in profit or loss.

(iii) Trade and other payables and loans and borrowings
Trade and other payables and loans and borrowings are initially measured at the transaction price, including any transaction costs, and subsequently measured at amortised cost using the effective interest method.

3. Employees and directors

The average number of employees during the year was 10 (2023 - 10 ) .

BEH Interiors Limited (Registered number: 05109994)

Notes to the Financial Statements - continued
for the year ended 30 April 2024


4. Tangible fixed assets
Fixtures
Improvements and Computer
to property fittings equipment Totals
£ £ £ £
Cost
At 1 May 2023 26,019 - 36,104 62,123
Additions 51,660 17,518 1,419 70,597
At 30 April 2024 77,679 17,518 37,523 132,720
Depreciation
At 1 May 2023 26,019 - 24,034 50,053
Charge for year - 4,380 6,412 10,792
At 30 April 2024 26,019 4,380 30,446 60,845
Net book value
At 30 April 2024 51,660 13,138 7,077 71,875
At 30 April 2023 - - 12,070 12,070

5. Fixed asset investments
Other
investments
£
Cost
At 1 May 2023
and 30 April 2024 12,161
Provisions
At 1 May 2023
and 30 April 2024 12,161
Net book value
At 30 April 2024 -
At 30 April 2023 -

6. Debtors: amounts falling due within one year
2024 2023
£ £
Trade debtors 1,161,045 706,409
Other debtors 55,917 35,718
1,216,962 742,127

BEH Interiors Limited (Registered number: 05109994)

Notes to the Financial Statements - continued
for the year ended 30 April 2024


7. Creditors: amounts falling due within one year
2024 2023
£ £
Trade creditors 846,653 442,020
Taxation and social security 379,013 191,984
Other creditors 1,476 8,852
1,227,142 642,856

8. Reserves
Capital
Retained Share redemption
earnings premium reserve Totals
£ £ £ £

At 1 May 2023 333,972 13,084 72 347,128
Profit for the year 423,722 423,722
Dividends (218,577 ) (218,577 )
At 30 April 2024 539,117 13,084 72 552,273