Caseware UK (AP4) 2023.0.135 2023.0.135 2023-12-312023-12-312023-01-01falseNo description of principal activity11falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09860687 2023-01-01 2023-12-31 09860687 2022-01-01 2022-12-31 09860687 2023-12-31 09860687 2022-12-31 09860687 c:Director1 2023-01-01 2023-12-31 09860687 d:PlantMachinery 2023-01-01 2023-12-31 09860687 d:PlantMachinery 2023-12-31 09860687 d:PlantMachinery 2022-12-31 09860687 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 09860687 d:MotorVehicles 2023-01-01 2023-12-31 09860687 d:MotorVehicles 2023-12-31 09860687 d:MotorVehicles 2022-12-31 09860687 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 09860687 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 09860687 d:CurrentFinancialInstruments 2023-12-31 09860687 d:CurrentFinancialInstruments 2022-12-31 09860687 d:Non-currentFinancialInstruments 2023-12-31 09860687 d:Non-currentFinancialInstruments 2022-12-31 09860687 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 09860687 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 09860687 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 09860687 d:Non-currentFinancialInstruments d:AfterOneYear 2022-12-31 09860687 d:ShareCapital 2023-12-31 09860687 d:ShareCapital 2022-12-31 09860687 d:RetainedEarningsAccumulatedLosses 2023-12-31 09860687 d:RetainedEarningsAccumulatedLosses 2022-12-31 09860687 c:FRS102 2023-01-01 2023-12-31 09860687 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 09860687 c:FullAccounts 2023-01-01 2023-12-31 09860687 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 09860687 d:HirePurchaseContracts d:WithinOneYear 2023-12-31 09860687 d:HirePurchaseContracts d:WithinOneYear 2022-12-31 09860687 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-12-31 09860687 d:HirePurchaseContracts d:BetweenOneFiveYears 2022-12-31 iso4217:GBP xbrli:pure

Registered number: 09860687










BHR FARRIER LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2023

 
BHR FARRIER LIMITED
REGISTERED NUMBER: 09860687

BALANCE SHEET
AS AT 31 DECEMBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
19,825
24,781

  
19,825
24,781

Current assets
  

Stocks
  
191
243

Debtors: amounts falling due within one year
 5 
17,358
12,379

Cash at bank and in hand
 6 
351
412

  
17,900
13,034

Creditors: amounts falling due within one year
 7 
(30,829)
(28,963)

Net current liabilities
  
 
 
(12,929)
 
 
(15,929)

Total assets less current liabilities
  
6,896
8,852

Creditors: amounts falling due after more than one year
 8 
-
(6,118)

  

Net assets
  
6,896
2,734


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
6,796
2,634

  
6,896
2,734


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 12 September 2024.

Page 1

 
BHR FARRIER LIMITED
REGISTERED NUMBER: 09860687
    
BALANCE SHEET (CONTINUED)
AS AT 31 DECEMBER 2023




Benjamin Harold Ronald Parker
Director

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
BHR FARRIER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1.


General information

BHR Farrier Limited is a private company, limited by shares, registered in England and Wales.
Its registered office is 2 Michaels Court, Hanney Road, Southmoor, Oxon, OX13 5HR.
The principle activity of the company is the provison of farrier services. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
BHR FARRIER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
20% reducing balance
Motor vehicles
-
20% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Page 4

 
BHR FARRIER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

2.Accounting policies (continued)

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.10

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

 
2.11

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2022 - 1).

Page 5

 
BHR FARRIER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Total

£
£
£



Cost or valuation


At 1 January 2023
4,117
34,520
38,637



At 31 December 2023

4,117
34,520
38,637



Depreciation


At 1 January 2023
2,393
11,463
13,856


Charge for the year on owned assets
345
4,611
4,956



At 31 December 2023

2,738
16,074
18,812



Net book value



At 31 December 2023
1,379
18,446
19,825



At 31 December 2022
1,724
23,057
24,781


5.


Debtors

2023
2022
£
£


Trade debtors
17,358
12,379

17,358
12,379



6.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
351
412

351
412


Page 6

 
BHR FARRIER LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

7.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
1,620
854

Other taxation and social security
20,911
20,485

Obligations under finance lease and hire purchase contracts
6,118
5,723

Other creditors
405
126

Accruals and deferred income
1,775
1,775

30,829
28,963



8.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Net obligations under finance leases and hire purchase contracts
-
6,118

-
6,118



9.


Hire purchase and finance leases


2023
2022
£
£


Within one year
6,118
5,723

Between 1-5 years
-
6,118

6,118
11,841

Page 7