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REGISTERED NUMBER: 14041030 (England and Wales)













REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

B&H MIDLANDS LTD

B&H MIDLANDS LTD (REGISTERED NUMBER: 14041030)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 5


B&H MIDLANDS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: T A Baker
J T Harker
P J Stocks





REGISTERED OFFICE: Church Farm Main Street
Willey
Rugby
CV23 0SH





REGISTERED NUMBER: 14041030 (England and Wales)





ACCOUNTANTS: AEH Accountancy Ltd
Church Farm
Main Street
Willey
Warwickshire
CV23 0SH

B&H MIDLANDS LTD (REGISTERED NUMBER: 14041030)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 30 APRIL 2024

The directors present their report with the financial statements of the company for the year ended 30 April 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of fencing contractors.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 May 2023 to the date of this report.

T A Baker
J T Harker

Other changes in directors holding office are as follows:

P J Stocks - appointed 8 November 2023

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





J T Harker - Director


10 September 2024

B&H MIDLANDS LTD (REGISTERED NUMBER: 14041030)

INCOME STATEMENT
FOR THE YEAR ENDED 30 APRIL 2024

Period
12.4.22
Year Ended to
30.4.24 30.4.23
Notes £    £   

TURNOVER 111,151 142,503

Cost of sales 83,925 64,440
GROSS PROFIT 27,226 78,063

Administrative expenses 28,225 14,418
OPERATING (LOSS)/PROFIT and
(LOSS)/PROFIT BEFORE TAXATION (999 ) 63,645

Tax on (loss)/profit (3,931 ) 4,842
PROFIT FOR THE FINANCIAL YEAR 2,932 58,803

B&H MIDLANDS LTD (REGISTERED NUMBER: 14041030)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 57,375 38,500

CURRENT ASSETS
Debtors 6 26,166 10,049
Cash at bank 26,861 22,221
53,027 32,270
CREDITORS
Amounts falling due within one year 7 51,517 11,867
NET CURRENT ASSETS 1,510 20,403
TOTAL ASSETS LESS CURRENT
LIABILITIES

58,885

58,903

CAPITAL AND RESERVES
Called up share capital 150 100
Retained earnings 58,735 58,803
58,885 58,903

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 10 September 2024 and were signed on its behalf by:




J T Harker - Director T A Baker - Director




P J Stocks - Director


B&H MIDLANDS LTD (REGISTERED NUMBER: 14041030)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

B&H Midlands 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.
Plant and machinery - 25% on reducing balance

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 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 3 (2023 - 2 ) .

4. OPERATING (LOSS)/PROFIT

The operating loss (2023 - operating profit) is stated after charging:

Period
12.4.22
Year Ended to
30.4.24 30.4.23
£    £   
Depreciation - owned assets 17,125 6,354

B&H MIDLANDS LTD (REGISTERED NUMBER: 14041030)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 May 2023 44,854
Additions 38,025
Disposals (2,025 )
At 30 April 2024 80,854
DEPRECIATION
At 1 May 2023 6,354
Charge for year 17,125
At 30 April 2024 23,479
NET BOOK VALUE
At 30 April 2024 57,375
At 30 April 2023 38,500

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 22,235 5,239
Tax 3,931 -
social security and other tax - 4,810
26,166 10,049

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 2,210 865
Tax - 4,842
Social security and other taxes 3,398 -
VAT 1,774 2,821
Directors' current accounts 42,405 1,979
Accrued expenses 1,730 1,360
51,517 11,867

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £3,000 were paid to the directors .

As at the year ended 30 April 2024, there ware balances owed to the directors, T A Baker £19,981 (2023 £489), J T Harker £2,981 (2023 £1,489) and P J Stocks £19,442 (2023 £0). These amounts are included within creditors on the balance sheet.