More BHP Limited 08988848 false 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is Car Tuning/Detailing Specialist Digita Accounts Production Advanced 6.30.9574.0 true 08988848 2023-07-01 2024-06-30 08988848 2024-06-30 08988848 core:RetainedEarningsAccumulatedLosses 2024-06-30 08988848 core:ShareCapital 2024-06-30 08988848 core:CurrentFinancialInstruments 2024-06-30 08988848 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 08988848 core:OtherPropertyPlantEquipment 2024-06-30 08988848 bus:SmallEntities 2023-07-01 2024-06-30 08988848 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 08988848 bus:FullAccounts 2023-07-01 2024-06-30 08988848 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 08988848 bus:RegisteredOffice 2023-07-01 2024-06-30 08988848 bus:Director1 2023-07-01 2024-06-30 08988848 bus:Director2 2023-07-01 2024-06-30 08988848 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 08988848 core:OtherPropertyPlantEquipment 2023-07-01 2024-06-30 08988848 core:PlantMachinery 2023-07-01 2024-06-30 08988848 countries:EnglandWales 2023-07-01 2024-06-30 08988848 2023-06-30 08988848 core:OtherPropertyPlantEquipment 2023-06-30 08988848 2022-07-01 2023-06-30 08988848 2023-06-30 08988848 core:RetainedEarningsAccumulatedLosses 2023-06-30 08988848 core:ShareCapital 2023-06-30 08988848 core:CurrentFinancialInstruments 2023-06-30 08988848 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 08988848 core:OtherPropertyPlantEquipment 2023-06-30 iso4217:GBP xbrli:pure

Registration number: 08988848

More BHP Limited

Unaudited Financial Statements

for the Year Ended 30 June 2024

 

More BHP Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 6

 

More BHP Limited

(Registration number: 08988848)
Balance Sheet as at 30 June 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

5,847

7,309

Current assets

 

Debtors

5

4,111

1,303

Cash at bank and in hand

 

31,626

21,397

 

35,737

22,700

Creditors: Amounts falling due within one year

6

(40,304)

(27,372)

Net current liabilities

 

(4,567)

(4,672)

Total assets less current liabilities

 

1,280

2,637

Provisions for liabilities

(1,111)

(1,389)

Net assets

 

169

1,248

Capital and reserves

 

Called up share capital

100

100

Retained earnings

69

1,148

Shareholders' funds

 

169

1,248

 

More BHP Limited

(Registration number: 08988848)
Balance Sheet as at 30 June 2024

For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account and directors report has been taken.

Approved and authorised by the Board on 7 January 2025 and signed on its behalf by:
 

.........................................
Mr M Ball
Director

.........................................
Mr J Copeland
Director

 

More BHP Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
7-9 Macon Court
Crewe
Cheshire
CW1 6EA
UK

The principal place of business is:
Unit 6
Atech Court
Crewe Gates Industrial Estate
Crewe
Cheshire
CW1 6FF

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are prepared in Sterling, which is the functional currency of the company. All monetary amounts are rounded to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

More BHP Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

Government grants

Government Grants are recognised using the accrual model. Grants which relate to revenue shall be
recognised in other operating income on a systematic basis over the periods in which the company recognises
the related costs for which the grant is intended to compensate.
Any amounts outstanding at the year end will be included within other debtors.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

20% reducing balance

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2023 - 4).

 

More BHP Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

4

Tangible assets

Other tangible assets
£

Total
£

Cost or valuation

At 1 July 2023

44,662

44,662

At 30 June 2024

44,662

44,662

Depreciation

At 1 July 2023

37,353

37,353

Charge for the year

1,462

1,462

At 30 June 2024

38,815

38,815

Carrying amount

At 30 June 2024

5,847

5,847

At 30 June 2023

7,309

7,309

5

Debtors

Current

2024
£

2023
£

Trade debtors

4,111

1,303

 

More BHP Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

1,188

713

Taxation and social security

15,118

15,395

Accruals and deferred income

42

-

Other creditors

23,956

11,264

40,304

27,372