2023-04-012024-03-312024-03-31false07477450BHYLLS LANE LIMITED2024-11-25iso4217:GBPxbrli:pure074774502023-04-01074774502024-03-31074774502023-04-012024-03-31074774502022-04-01074774502023-03-31074774502022-04-012023-03-3107477450bus:SmallEntities2023-04-012024-03-3107477450bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3107477450bus:FullAccounts2023-04-012024-03-3107477450bus:PrivateLimitedCompanyLtd2023-04-012024-03-3107477450core:WithinOneYear2024-03-3107477450core:AfterOneYear2024-03-3107477450core:WithinOneYear2023-03-3107477450core:AfterOneYear2023-03-3107477450core:ShareCapital2024-03-3107477450core:SharePremium2024-03-3107477450core:RevaluationReserve2024-03-3107477450core:OtherReservesSubtotal2024-03-3107477450core:RetainedEarningsAccumulatedLosses2024-03-3107477450core:ShareCapital2023-03-3107477450core:SharePremium2023-03-3107477450core:RevaluationReserve2023-03-3107477450core:OtherReservesSubtotal2023-03-3107477450core:RetainedEarningsAccumulatedLosses2023-03-3107477450core:LandBuildings2024-03-3107477450core:PlantMachinery2024-03-3107477450core:Vehicles2024-03-3107477450core:FurnitureFittings2024-03-3107477450core:OfficeEquipment2024-03-3107477450core:NetGoodwill2024-03-3107477450core:IntangibleAssetsOtherThanGoodwill2024-03-3107477450core:ListedExchangeTraded2024-03-3107477450core:UnlistedNon-exchangeTraded2024-03-3107477450core:LandBuildings2023-03-3107477450core:PlantMachinery2023-03-3107477450core:Vehicles2023-03-3107477450core:FurnitureFittings2023-03-3107477450core:OfficeEquipment2023-03-3107477450core:NetGoodwill2023-03-3107477450core:IntangibleAssetsOtherThanGoodwill2023-03-3107477450core:ListedExchangeTraded2023-03-3107477450core:UnlistedNon-exchangeTraded2023-03-3107477450core:LandBuildings2023-04-012024-03-3107477450core:PlantMachinery2023-04-012024-03-3107477450core:Vehicles2023-04-012024-03-3107477450core:FurnitureFittings2023-04-012024-03-3107477450core:OfficeEquipment2023-04-012024-03-3107477450core:NetGoodwill2023-04-012024-03-3107477450core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3107477450core:ListedExchangeTraded2023-04-012024-03-3107477450core:UnlistedNon-exchangeTraded2023-04-012024-03-3107477450core:MoreThanFiveYears2023-04-012024-03-3107477450core:Non-currentFinancialInstruments2024-03-3107477450core:Non-currentFinancialInstruments2023-03-3107477450dpl:CostSales2023-04-012024-03-3107477450dpl:DistributionCosts2023-04-012024-03-3107477450core:LandBuildings2023-04-012024-03-3107477450core:PlantMachinery2023-04-012024-03-3107477450core:Vehicles2023-04-012024-03-3107477450core:FurnitureFittings2023-04-012024-03-3107477450core:OfficeEquipment2023-04-012024-03-3107477450dpl:AdministrativeExpenses2023-04-012024-03-3107477450core:NetGoodwill2023-04-012024-03-3107477450core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3107477450dpl:GroupUndertakings2023-04-012024-03-3107477450dpl:ParticipatingInterests2023-04-012024-03-3107477450dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3107477450core:ListedExchangeTraded2023-04-012024-03-3107477450dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3107477450core:UnlistedNon-exchangeTraded2023-04-012024-03-3107477450dpl:CostSales2022-04-012023-03-3107477450dpl:DistributionCosts2022-04-012023-03-3107477450core:LandBuildings2022-04-012023-03-3107477450core:PlantMachinery2022-04-012023-03-3107477450core:Vehicles2022-04-012023-03-3107477450core:FurnitureFittings2022-04-012023-03-3107477450core:OfficeEquipment2022-04-012023-03-3107477450dpl:AdministrativeExpenses2022-04-012023-03-3107477450core:NetGoodwill2022-04-012023-03-3107477450core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3107477450dpl:GroupUndertakings2022-04-012023-03-3107477450dpl:ParticipatingInterests2022-04-012023-03-3107477450dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3107477450core:ListedExchangeTraded2022-04-012023-03-3107477450dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3107477450core:UnlistedNon-exchangeTraded2022-04-012023-03-3107477450core:NetGoodwill2024-03-3107477450core:IntangibleAssetsOtherThanGoodwill2024-03-3107477450core:LandBuildings2024-03-3107477450core:PlantMachinery2024-03-3107477450core:Vehicles2024-03-3107477450core:FurnitureFittings2024-03-3107477450core:OfficeEquipment2024-03-3107477450core:AfterOneYear2024-03-3107477450core:WithinOneYear2024-03-3107477450core:ListedExchangeTraded2024-03-3107477450core:UnlistedNon-exchangeTraded2024-03-3107477450core:ShareCapital2024-03-3107477450core:SharePremium2024-03-3107477450core:RevaluationReserve2024-03-3107477450core:OtherReservesSubtotal2024-03-3107477450core:RetainedEarningsAccumulatedLosses2024-03-3107477450core:NetGoodwill2023-03-3107477450core:IntangibleAssetsOtherThanGoodwill2023-03-3107477450core:LandBuildings2023-03-3107477450core:PlantMachinery2023-03-3107477450core:Vehicles2023-03-3107477450core:FurnitureFittings2023-03-3107477450core:OfficeEquipment2023-03-3107477450core:AfterOneYear2023-03-3107477450core:WithinOneYear2023-03-3107477450core:ListedExch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BHYLLS LANE LIMITED

Registered Number
07477450
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

BHYLLS LANE LIMITED
Company Information
for the year from 1 April 2023 to 31 March 2024

Director

DHODY, Brij, Dr

Registered Address

2 Bhylls Lane
Wolverhampton
WV3 8DH

Registered Number

07477450 (England and Wales)
BHYLLS LANE LIMITED
Balance Sheet as at
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets4346,784357,436
346,784357,436
Current assets
Debtors5492,385276,363
Cash at bank and on hand223,528410,443
715,913686,806
Creditors amounts falling due within one year6(106,466)(95,191)
Net current assets (liabilities)609,447591,615
Total assets less current liabilities956,231949,051
Creditors amounts falling due after one year7(85,110)(111,936)
Net assets871,121837,115
Capital and reserves
Called up share capital100100
Profit and loss account871,021837,015
Shareholders' funds871,121837,115
The financial statements were approved and authorised for issue by the Director on 25 November 2024, and are signed on its behalf by:
DHODY, Brij, Dr
Director
Registered Company No. 07477450
BHYLLS LANE LIMITED
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Intangible assets
Goodwill Goodwill, being the amount paid in connection with the acquisition of a business in 10, is being amortised evenly over its estimated useful life of ten years.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)Straight line (years)
Land and buildings-100
Plant and machinery25-
Office Equipment25-
Finance leases and hire purchase contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease.
2.Average number of employees

20242023
Average number of employees during the year44
3.Intangible assets

Goodwill

Total

££
Cost or valuation
At 01 April 23525,000525,000
At 31 March 24525,000525,000
Amortisation and impairment
At 01 April 23525,000525,000
At 31 March 24525,000525,000
Net book value
At 31 March 24--
At 31 March 23--
4.Tangible fixed assets

Land & buildings

Plant & machinery

Office Equipment

Total

££££
Cost or valuation
At 01 April 23307,360117,7754,023429,158
Additions-6,0007,36813,368
At 31 March 24307,360123,77511,391442,526
Depreciation and impairment
At 01 April 2330,00039,3222,40071,722
Charge for year3,07419,7381,20824,020
At 31 March 2433,07459,0603,60895,742
Net book value
At 31 March 24274,28664,7157,783346,784
At 31 March 23277,36078,4531,623357,436
5.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables1,8797,372
Amounts owed by group undertakings401,677189,802
Other debtors58,99778,087
Prepayments and accrued income29,8321,102
Total492,385276,363
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables18,99444,631
Bank borrowings and overdrafts10,87110,871
Taxation and social security35,2062,935
Finance lease and HP contracts15,95415,954
Other creditors22,87220,439
Accrued liabilities and deferred income2,569361
Total106,46695,191
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
7.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts51,16062,031
Other creditors33,95049,905
Total85,110111,936
8.Obligations under finance leases

2024

2023

££
Finance lease and HP contracts33,95149,905
9.Guarantees provided on behalf of directors
Director`s current account credit balance of £22,645 (2023:£20,312) relates to director B Dhody.
10.Related party transactions
The amount owed by Brij Dhody Limited is £401,677 (2023: £189,802).