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REGISTERED NUMBER: 09582642 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

B&H IT CONSULTANCY LTD

B&H IT CONSULTANCY LTD (REGISTERED NUMBER: 09582642)

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


B&H IT CONSULTANCY LTD

COMPANY INFORMATION
for the Year Ended 31 May 2024







DIRECTORS: Mrs K Kaur Gill
A Singh Gill





REGISTERED OFFICE: Bank Gallery
High Street
Kenilworth
Warwickshire
CV8 1LY





REGISTERED NUMBER: 09582642 (England and Wales)





ACCOUNTANTS: Bernard Rogers & Co
Bank Gallery
High Street
Kenilworth
Warwickshire
CV8 1LY

B&H IT CONSULTANCY LTD (REGISTERED NUMBER: 09582642)

BALANCE SHEET
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 680 1,020

CURRENT ASSETS
Debtors 5 5,411 8,500
Cash at bank 263,717 274,333
269,128 282,833
CREDITORS
Amounts falling due within one year 6 5,653 23,682
NET CURRENT ASSETS 263,475 259,151
TOTAL ASSETS LESS CURRENT
LIABILITIES

264,155

260,171

PROVISIONS FOR LIABILITIES 129 194
NET ASSETS 264,026 259,977

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 264,024 259,975
SHAREHOLDERS' FUNDS 264,026 259,977

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.

B&H IT CONSULTANCY LTD (REGISTERED NUMBER: 09582642)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 September 2024 and were signed on its behalf by:





A Singh Gill - Director


B&H IT CONSULTANCY LTD (REGISTERED NUMBER: 09582642)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 May 2024


1. STATUTORY INFORMATION

B&H It Consultancy Ltd 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.
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

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

B&H IT CONSULTANCY LTD (REGISTERED NUMBER: 09582642)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 May 2024


4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 June 2023
and 31 May 2024 4,912
DEPRECIATION
At 1 June 2023 3,892
Charge for year 340
At 31 May 2024 4,232
NET BOOK VALUE
At 31 May 2024 680
At 31 May 2023 1,020

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 5,411 8,500

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 1,483 22,140
Other creditors 4,170 1,542
5,653 23,682

7. RELATED PARTY DISCLOSURES

At 31 May 2024 other creditors include loans made to the company by the directors amounting to £316 (2023 £418). The loans are interest free with fixed date for repayment.

8. CONTROLLING PARTY

The controlling party is the directors.