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REGISTERED NUMBER: 00820355 (England and Wales)



















Unaudited Financial Statements

for the Period 1 July 2023 to 31 March 2024

for

Bedlars Holdings Limited

Bedlars Holdings Limited (Registered number: 00820355)

Contents of the Financial Statements
for the Period 1 July 2023 to 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bedlars Holdings Limited

Company Information
for the Period 1 July 2023 to 31 March 2024







DIRECTOR: M J Ringer





REGISTERED OFFICE: 2 York House
1a Langton Road
Tunbridge Wells
Kent
TN4 8XA





REGISTERED NUMBER: 00820355 (England and Wales)





ACCOUNTANTS: APT
44 The Pantiles
Tunbridge Wells
Kent
TN2 5TN

Bedlars Holdings Limited (Registered number: 00820355)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 271 305
Investments 5 2,666,706 2,455,741
2,666,977 2,456,046

CURRENT ASSETS
Stocks 129,691 129,691
Debtors 6 548,854 607,873
Cash at bank 44,288 2,064
722,833 739,628
CREDITORS
Amounts falling due within one year 7 776,343 617,535
NET CURRENT (LIABILITIES)/ASSETS (53,510 ) 122,093
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,613,467

2,578,139

CAPITAL AND RESERVES
Called up share capital 2,202 2,202
Share premium 196,748 196,748
Retained earnings 2,414,517 2,379,189
SHAREHOLDERS' FUNDS 2,613,467 2,578,139

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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.

Bedlars Holdings Limited (Registered number: 00820355)

Balance Sheet - continued
31 March 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 November 2024 and were signed by:





M J Ringer - Director


Bedlars Holdings Limited (Registered number: 00820355)

Notes to the Financial Statements
for the Period 1 July 2023 to 31 March 2024


1. STATUTORY INFORMATION

Bedlars Holdings 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.

The functional and presentational currency of the company is pounds sterling. Monetary amounts in these financial statements are rounded to the nearest £1, except where otherwise indicated.

Going concern
After reviewing the company's forecasts and projections, the members have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Significant judgements and estimates
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

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 etc - 50% on reducing balance and 15% 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.

Bedlars Holdings Limited (Registered number: 00820355)

Notes to the Financial Statements - continued
for the Period 1 July 2023 to 31 March 2024


2. ACCOUNTING POLICIES - continued

Investments
Investments are shown at fair value or where fair value cannot be readily ascertained at cost less impairment. Any aggregate or surplus arising from changes in fair value is recognised through profit and loss.

Impairment of assets
Fixed assets are reviewed at each reporting date to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in profit or loss.

If an impairment loss subsequently reverses, the carrying amount of the asset is increased to the revised estimate of its recoverable amount, but not in excess of the amount that would have been determined had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised immediately in profit or loss.

Debtors and creditors receivable/payable in one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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.

Bedlars Holdings Limited (Registered number: 00820355)

Notes to the Financial Statements - continued
for the Period 1 July 2023 to 31 March 2024


2. ACCOUNTING POLICIES - continued

Provision for liabilities
Provisions are recognised when the company has a present obligation (legal or constructive) as a result of a past event, it is probable that the company will be required to settle the obligation, and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the end of the reporting period, taking into account the risks and uncertainties surrounding the obligation.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023
and 31 March 2024 13,616
DEPRECIATION
At 1 July 2023 13,311
Charge for period 34
At 31 March 2024 13,345
NET BOOK VALUE
At 31 March 2024 271
At 30 June 2023 305

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
2024 2023
£    £   
Brought Forward 2,455,741 3,686,029
Net movements 210,965 (1,230,288 )
2,666,706 2,455,741

Fixed Asset Investments represents the company's capital account balance in a Limited Liability Partnership.

Bedlars Holdings Limited (Registered number: 00820355)

Notes to the Financial Statements - continued
for the Period 1 July 2023 to 31 March 2024


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 516
Other debtors 548,854 607,357
548,854 607,873

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 620
Taxation and social security 63,710 43,362
Other creditors 712,633 573,553
776,343 617,535

8. RELATED PARTY DISCLOSURES

As at 31 March 2024 £711,033 (2023: £571,953) was owed to companies connected with key management personnel. The loans are interest free and is repayable on demand.

As at 31 March 2024 £548,854 (2023: £606,841) was owed from a company connected with key management personnel.