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REGISTERED NUMBER: 02927272 (England and Wales)




















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

B & H MOULDINGS LIMITED

B & H MOULDINGS LIMITED (REGISTERED NUMBER: 02927272)

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 MOULDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTOR: Mr B Warburton





REGISTERED OFFICE: Unit 4
Lyons Road
Trafford Park
Manchester
M17 1RN





REGISTERED NUMBER: 02927272 (England and Wales)





ACCOUNTANTS: Anthony Wych & Co
26 Berrycroft Lane
Romiley
Stockport
Cheshire
SK6 3AU

B & H MOULDINGS LIMITED (REGISTERED NUMBER: 02927272)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 60,737 81,890

CURRENT ASSETS
Stocks 64,114 58,415
Debtors 5 38,031 54,619
Cash at bank and in hand 83,911 63,944
186,056 176,978
CREDITORS
Amounts falling due within one year 6 223,116 214,171
NET CURRENT LIABILITIES (37,060 ) (37,193 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

23,677

44,697

CREDITORS
Amounts falling due after more than one
year

7

(10,833

)

(20,833

)

PROVISIONS FOR LIABILITIES (6,812 ) -
NET ASSETS 6,032 23,864

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 6,028 23,860
SHAREHOLDERS' FUNDS 6,032 23,864

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 director acknowledges his 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 MOULDINGS LIMITED (REGISTERED NUMBER: 02927272)

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 October 2024 and were signed by:





Mr B Warburton - Director


B & H MOULDINGS LIMITED (REGISTERED NUMBER: 02927272)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024


1. STATUTORY INFORMATION

B & H Mouldings 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.

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.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 6 (2023 - 6 ) .

B & H MOULDINGS LIMITED (REGISTERED NUMBER: 02927272)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 June 2023
and 31 May 2024 374,362 58,195 10,447 443,004
DEPRECIATION
At 1 June 2023 304,502 48,335 8,277 361,114
Charge for year 17,465 3,254 434 21,153
At 31 May 2024 321,967 51,589 8,711 382,267
NET BOOK VALUE
At 31 May 2024 52,395 6,606 1,736 60,737
At 31 May 2023 69,860 9,860 2,170 81,890

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 9,381 26,798
Other debtors 5,552 5,554
Prepayments 23,098 22,267
38,031 54,619

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 82,904 49,924
Social security and other taxes 1,442 1,137
VAT 536 2,387
Other creditors 187 67
Wages control account - 1,527
Directors' current accounts 124,178 137,678
Accruals and deferred income 3,869 11,451
223,116 214,171

B & H MOULDINGS LIMITED (REGISTERED NUMBER: 02927272)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 10,000 10,000
Bank loans - 2-5 years 833 10,833
10,833 20,833