1 February 2023 false No description of principal activity Taxfiler 2024.5 09384815business:PrivateLimitedCompanyLtd2023-02-012024-01-31 093848152023-01-31 093848152023-02-012024-01-31 09384815business:AuditExemptWithAccountantsReport2023-02-012024-01-31 09384815business:FilletedAccounts2023-02-012024-01-31 093848152024-01-31 09384815business:Director12023-02-012024-01-31 09384815business:Director22023-02-012024-01-31 09384815business:RegisteredOffice2023-02-012024-01-31 093848152023-01-31 09384815core:WithinOneYear2024-01-31 09384815core:WithinOneYear2023-01-31 09384815core:AfterOneYear2024-01-31 09384815core:AfterOneYear2023-01-31 09384815core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 09384815core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 09384815core:CapitalContributionReservecore:PreviouslyStatedAmount2024-01-31 09384815core:CapitalContributionReservecore:PreviouslyStatedAmount2023-01-31 09384815core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 09384815core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 09384815core:PreviouslyStatedAmount2024-01-31 09384815core:PreviouslyStatedAmount2023-01-31 09384815business:SmallEntities2023-02-012024-01-31 09384815countries:EnglandWales2023-02-012024-01-31 09384815core:MotorVehicles2023-02-012024-01-31 09384815core:FurnitureFittings2023-02-012024-01-31 09384815core:ComputerEquipment2023-02-012024-01-31 09384815core:MotorVehicles2023-01-31 09384815core:FurnitureFittings2023-01-31 09384815core:ComputerEquipment2023-01-31 09384815core:MotorVehicles2024-01-31 09384815core:FurnitureFittings2024-01-31 09384815core:ComputerEquipment2024-01-31 093848152022-02-012023-01-31 iso4217:GBP xbrli:pure
Company Registration No. 09384815 (England and Wales)
B&H CARS LTD Filleted Accounts for the year ended 31 January 2024
B&H CARS LTD Company Information for the year ended 31 January 2024
Directors
Benjamin Hochhauser Berish Strom
Company Number
09384815 (England and Wales)
Registered Office
1 Shanklin Road London N15 4FB
Accountants
Kyver & Dale Consultants Ltd Suite 101, Pride House Shanklin Road London N15 4FB
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B&H CARS LTD Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
155,270 
63,931 
Current assets
Inventories
664,965 
572,644 
Debtors
260,424 
413,062 
Cash at bank and in hand
96,648 
303,588 
1,022,037 
1,289,294 
Creditors: amounts falling due within one year
(530,373)
(626,386)
Net current assets
491,664 
662,908 
Total assets less current liabilities
646,934 
726,839 
Creditors: amounts falling due after more than one year
(127,441)
(272,240)
Net assets
519,493 
454,599 
Capital and reserves
Called up share capital
2 
2 
Capital contribution reserve
100,000 
100,000 
Profit and loss account
419,491 
354,597 
Shareholders' funds
519,493 
454,599 
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 2 October 2024 and were signed on its behalf by
Berish Strom Director Company Registration No. 09384815
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B&H CARS LTD Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
B&H CARS LTD is a private company, limited by shares, registered in England and Wales, registration number 09384815. The registered office is 1 Shanklin Road, London, N15 4FB.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25%
Fixtures & fittings
25%
Computer equipment
25%
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2023
35,271 
67,937 
1,732 
104,940 
Additions
- 
94,097 
1,448 
95,545 
At 31 January 2024
35,271 
162,034 
3,180 
200,485 
Depreciation
At 1 February 2023
29,538 
10,774 
697 
41,009 
Charge for the year
550 
3,396 
260 
4,206 
At 31 January 2024
30,088 
14,170 
957 
45,215 
Net book value
At 31 January 2024
5,183 
147,864 
2,223 
155,270 
At 31 January 2023
5,733 
57,163 
1,035 
63,931 
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B&H CARS LTD Notes to the Accounts for the year ended 31 January 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
5,845 
- 
Trade debtors
251,246 
409,729 
257,091 
409,729 
Amounts falling due after more than one year
Accrued income and prepayments
3,333 
3,333 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
47,253 
147,951 
VAT
- 
15,588 
Trade creditors
465,888 
444,141 
Taxes and social security
17,232 
18,706 
530,373 
626,386 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
37,162 
57,325 
Obligations under finance leases and hire purchase contracts
36,625 
19,001 
Other creditors
53,654 
195,914 
127,441 
272,240 
8
Average number of employees
During the year the average number of employees was 19 (2023: 14).
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