Caseware UK (AP4) 2024.0.164 2024.0.164 2024-06-302024-06-30The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2023-07-01falsethe distribution of food, precooked snacks and catering equipm34falsetruefalse 05707884 2023-07-01 2024-06-30 05707884 2022-07-01 2023-06-30 05707884 2024-06-30 05707884 2023-06-30 05707884 c:Director1 2023-07-01 2024-06-30 05707884 d:PlantMachinery 2023-07-01 2024-06-30 05707884 d:PlantMachinery 2024-06-30 05707884 d:PlantMachinery 2023-06-30 05707884 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-07-01 2024-06-30 05707884 d:CurrentFinancialInstruments 2024-06-30 05707884 d:CurrentFinancialInstruments 2023-06-30 05707884 d:Non-currentFinancialInstruments 2024-06-30 05707884 d:Non-currentFinancialInstruments 2023-06-30 05707884 d:CurrentFinancialInstruments d:WithinOneYear 2024-06-30 05707884 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 05707884 d:Non-currentFinancialInstruments d:AfterOneYear 2024-06-30 05707884 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 05707884 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-06-30 05707884 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-06-30 05707884 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-06-30 05707884 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-06-30 05707884 d:ShareCapital 2024-06-30 05707884 d:ShareCapital 2023-06-30 05707884 d:OtherMiscellaneousReserve 2023-07-01 2024-06-30 05707884 d:OtherMiscellaneousReserve 2024-06-30 05707884 d:OtherMiscellaneousReserve 2023-06-30 05707884 d:RetainedEarningsAccumulatedLosses 2024-06-30 05707884 d:RetainedEarningsAccumulatedLosses 2023-06-30 05707884 c:FRS102 2023-07-01 2024-06-30 05707884 c:AuditExempt-NoAccountantsReport 2023-07-01 2024-06-30 05707884 c:FullAccounts 2023-07-01 2024-06-30 05707884 c:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 05707884 2 2023-07-01 2024-06-30 05707884 e:PoundSterling 2023-07-01 2024-06-30 iso4217:GBP xbrli:pure

Registered number: 05707884









HTTP BERKSHIRE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2024

 
HTTP BERKSHIRE LIMITED
REGISTERED NUMBER: 05707884

BALANCE SHEET
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,269
5,231

  
1,269
5,231

Current assets
  

Stocks
  
71,846
158,105

Debtors: amounts falling due within one year
 6 
1,166,771
884,948

Cash at bank and in hand
 7 
28,934
84,014

  
1,267,551
1,127,067

Creditors: amounts falling due within one year
 8 
(1,189,896)
(1,048,973)

Net current assets
  
 
 
77,655
 
 
78,094

Total assets less current liabilities
  
78,924
83,325

Creditors: amounts falling due after more than one year
 9 
(9,601)
(21,573)

  

Net assets
  
69,323
61,752

Page 1

 
HTTP BERKSHIRE LIMITED
REGISTERED NUMBER: 05707884
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024

2024
2023
Note
£
£

Capital and reserves
  

Called up share capital 
  
100
100

Other reserves
 11 
25,000
25,000

Profit and loss account
 11 
44,223
36,652

  
69,323
61,752


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

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

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




AK Bhasin
Director

Date: 25 February 2025

The notes on pages 3 to 9 form part of these financial statements.
Page 2

 
HTTP BERKSHIRE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1.


General information

HTTP Berkshire Limited ("the company") is a company incorporated in the United Kingdom under the Companies Act.
The Company is a private company limited by shares and is registered in England and Wales. The address of the Company's registered office is Kings Head House, 15 London End, Beaconsfield, Buckinghamshire, HP9 2HN.
The principal activity of the Company in the year under review was that of the distribution of food, pre-cooked snacks and catering equipment.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP and the financial statements are rounded to the nearest £.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Page 3

 
HTTP BERKSHIRE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.6

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.7

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 4

 
HTTP BERKSHIRE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.8

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.9

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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


 
2.10

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
15%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 5

 
HTTP BERKSHIRE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

2.Accounting policies (continued)

 
2.11

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.12

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.13

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.14

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.15

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 3 (2023 - 4).

Page 6

 
HTTP BERKSHIRE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

4.


Tangible fixed assets





Plant and machinery

£



Cost or valuation


At 1 July 2023
11,924


Disposals
(9,236)



At 30 June 2024

2,688



Depreciation


At 1 July 2023
6,693


Charge for the year on owned assets
250


Disposals
(5,524)



At 30 June 2024

1,419



Net book value



At 30 June 2024
1,269



At 30 June 2023
5,231


5.


Stocks

2024
2023
£
£

Work in progress
8,723
42,797

Finished goods and goods for resale
63,123
115,308

71,846
158,105


Page 7

 
HTTP BERKSHIRE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

6.


Debtors

2024
2023
£
£


Trade debtors
1,149,667
848,442

Other debtors
16,831
27,691

Prepayments and accrued income
273
8,815

1,166,771
884,948



7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
28,934
84,014



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
10,291
8,333

Trade creditors
165,039
161,794

Corporation tax
38,625
26,107

Other taxation and social security
400
301

Other creditors
969,991
847,488

Accruals and deferred income
5,550
4,950

1,189,896
1,048,973


Included within other creditors is £189,648 (2023: £108,200) due to the director.

Page 8

 
HTTP BERKSHIRE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
9,601
21,573


The aggregate amount of liabilities repayable wholly or in part more than five years after the balance sheet date is:

2024
2023
£
£


Repayable by instalments
-
21,573

The above loan is repayable over 6 years with an interest rate of 2.5%.


10.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
10,291
8,333

Amounts falling due 1-2 years

Bank loans
9,601
8,333

Amounts falling due 2-5 years

Bank loans
-
13,240


19,892
29,906



11.


Reserves

Other reserves

In the year 2021, £25,000 loan payable to A K Bhasin was treated as capital contribution.


12.


Pension commitments

The Company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company  to the fund and amounted to £nil (2023 - £486). Contributions totalling £nil (2023 - £nil) were payable to the fund at the balance sheet date and are included in creditors.

Page 9