Registered number
11773154
Berenmar Ltd
Filleted Accounts
31 January 2024
Berenmar Ltd
Registered number: 11773154
Balance Sheet
as at 31 January 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 20,464 23,637
Current assets
Stocks 17,000 16,000
Debtors 4 8,250 8,250
Cash at bank and in hand 5,029 7,967
30,279 32,217
Creditors: amounts falling due within one year 5 (79,872) (87,255)
Net current liabilities (49,593) (55,038)
Net liabilities (29,129) (31,401)
Capital and reserves
Called up share capital 100 100
Profit and loss account (29,229) (31,501)
Shareholders' funds (29,129) (31,401)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Huseyin HEZER
Director
Approved by the board on 13 August 2024
Berenmar Ltd
Notes to the Accounts
for the year ended 31 January 2024
1 Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 5 5
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 February 2023 44,045
Additions 1,943
At 31 January 2024 45,988
Depreciation
At 1 February 2023 20,408
Charge for the year 5,116
At 31 January 2024 25,524
Net book value
At 31 January 2024 20,464
At 31 January 2023 23,637
4 Debtors 2024 2023
£ £
Other debtors 8,250 8,250
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 361 361
Trade creditors 2,035 2,500
Taxation and social security costs 6,275 4,862
Other creditors 71,201 79,532
79,872 87,255
6 Controlling party
Mr Huseyin HEZER, a company director controls the company by virtue of holding 100% of the issued share capital.
7 Other information
Berenmar Ltd is a private company limited by shares and incorporated in England. Its registered office is:
8 Clock House Parade
North Circular Road
London
N13 6BG
Berenmar Ltd 11773154 false 2023-02-01 2024-01-31 2024-01-31 VT Final Accounts April 2024 Huseyin HEZER No description of principal activity 11773154 2022-02-01 2023-01-31 11773154 core:WithinOneYear 2023-01-31 11773154 core:ShareCapital 2023-01-31 11773154 core:RetainedEarningsAccumulatedLosses 2023-01-31 11773154 2023-02-01 2024-01-31 11773154 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 11773154 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 11773154 bus:Director40 2023-02-01 2024-01-31 11773154 1 2023-02-01 2024-01-31 11773154 2 2023-02-01 2024-01-31 11773154 core:PlantMachinery 2023-02-01 2024-01-31 11773154 countries:England 2023-02-01 2024-01-31 11773154 bus:FRS102 2023-02-01 2024-01-31 11773154 bus:FilletedAccounts 2023-02-01 2024-01-31 11773154 2024-01-31 11773154 core:WithinOneYear 2024-01-31 11773154 core:ShareCapital 2024-01-31 11773154 core:RetainedEarningsAccumulatedLosses 2024-01-31 11773154 core:PlantMachinery 2024-01-31 11773154 2023-01-31 11773154 core:PlantMachinery 2023-01-31 iso4217:GBP xbrli:pure