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REGISTERED NUMBER: 02843776 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

BERGHAHN BOOKS LIMITED

BERGHAHN BOOKS LIMITED (REGISTERED NUMBER: 02843776)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BERGHAHN BOOKS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: Ms M Berghahn
Ms V K U Berghahn
Mr S Berghahn





REGISTERED OFFICE: 3 Newtec Place
Magdalen Road
Oxford
OX4 1RE





REGISTERED NUMBER: 02843776 (England and Wales)





ACCOUNTANTS: Bronsens
Chartered Certified Accountants
Eden House
Two Rivers Business Park
Witney
Oxfordshire
OX28 4BL

BERGHAHN BOOKS LIMITED (REGISTERED NUMBER: 02843776)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 276 -

CURRENT ASSETS
Stocks 38,928 36,428
Debtors 5 73,499 159,331
Cash at bank and in hand 28,878 26,548
141,305 222,307
CREDITORS
Amounts falling due within one year 6 85,332 134,562
NET CURRENT ASSETS 55,973 87,745
TOTAL ASSETS LESS CURRENT
LIABILITIES

56,249

87,745

CREDITORS
Amounts falling due after more than one
year

7

113,871

129,831
NET LIABILITIES (57,622 ) (42,086 )

CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Retained earnings (58,622 ) (43,086 )
SHAREHOLDERS' FUNDS (57,622 ) (42,086 )

BERGHAHN BOOKS LIMITED (REGISTERED NUMBER: 02843776)

BALANCE SHEET - continued
31 DECEMBER 2023


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

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 26 September 2024 and were signed on its behalf by:





Ms V K U Berghahn - Director


BERGHAHN BOOKS LIMITED (REGISTERED NUMBER: 02843776)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Berghahn Books 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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

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.

The company meets its day to day working capital requirements through the bank facility and funds from the director shareholders. The company expects to be able to operate within these facilities. On this basis the directors consider it appropriate to prepare the financial statements on the going concern basis.The director shareholders have confirmed that they will continue to support the company.

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

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 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

BERGHAHN BOOKS LIMITED (REGISTERED NUMBER: 02843776)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 7 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
Additions 368
At 31 December 2023 368
DEPRECIATION
Charge for year 92
At 31 December 2023 92
NET BOOK VALUE
At 31 December 2023 276

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 44,191 133,574
Tax - 3,490
VAT 3,358 11
Deferred tax asset
Tax losses carried forward 18,432 14,839
Prepayments 7,518 7,417
73,499 159,331

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 9,000 12,000
Other loans 10,000 9,800
Trade creditors 44,052 33,122
Amounts owed to group undertakings 157 46,761
Social security and other taxes 12,786 22,356
Other creditors 1,461 2,419
Directors' current accounts 2,093 2,454
Accruals and deferred income 5,783 5,650
85,332 134,562

BERGHAHN BOOKS LIMITED (REGISTERED NUMBER: 02843776)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans - 1-2 years 10,000 14,000
Bank loans - 2-5 years 35,000 50,000
Bank loans more 5 yr by instal 53,096 39,980
Other loans - 1-2 years 11,000 10,000
Other loans - 2-5 years 4,775 15,851
113,871 129,831

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 53,096 39,980

8. SECURED DEBTS

The following secured debts are included within creditors:

31.12.23 31.12.22
£    £   
Bank loans 107,096 115,980

The bank loan is secured by way of a debenture in favour of NatWest bank plc dated 11 April 1996.

9. DEFERRED TAX
£   
Balance at 1 January 2023 (14,839 )
Credit to Income Statement during year (3,593 )
Balance at 31 December 2023 (18,432 )

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
250 Ordinary £1 250 1,000
500 Ordinary A £1 500 -
250 Ordinary B £1 250 -
1,000 1,000

11. PENSION COMMITMENTS

The company operates a defined contribution scheme for its employees and directors, during the year contributions of £5,549 (2022 - £5,084) were made to the scheme.

At 31 December 2023 the sum of £1,469 (2022 - £1,860) was outstanding and is included in other creditors in respect of these transactions.

BERGHAHN BOOKS LIMITED (REGISTERED NUMBER: 02843776)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

12. ULTIMATE CONTROLLING PARTY

The company was under the control of the Directors throughout the current period by virtue of their shareholdings.