REGISTERED NUMBER: |
BSHI LTD |
FINANCIAL STATEMENTS |
FOR THE PERIOD |
1ST DECEMBER 2023 TO 31ST DECEMBER 2024 |
REGISTERED NUMBER: |
BSHI LTD |
FINANCIAL STATEMENTS |
FOR THE PERIOD |
1ST DECEMBER 2023 TO 31ST DECEMBER 2024 |
BSHI LTD (REGISTERED NUMBER: 11676107) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1ST DECEMBER 2023 TO 31ST DECEMBER 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
BSHI LTD |
COMPANY INFORMATION |
FOR THE PERIOD 1ST DECEMBER 2023 TO 31ST DECEMBER 2024 |
DIRECTOR: |
SECRETARY: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Certified Accountants |
Pembroke House |
Llantarnam Park Way |
Cwmbran |
Torfaen |
NP44 3AU |
BSHI LTD (REGISTERED NUMBER: 11676107) |
BALANCE SHEET |
31ST DECEMBER 2024 |
2024 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Investments | 6 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital | 8 |
Revaluation reserve | 9 |
Retained earnings |
SHAREHOLDERS' FUNDS |
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. |
BSHI LTD (REGISTERED NUMBER: 11676107) |
BALANCE SHEET - continued |
31ST DECEMBER 2024 |
The financial statements were approved by the director and authorised for issue on |
BSHI LTD (REGISTERED NUMBER: 11676107) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1ST DECEMBER 2023 TO 31ST DECEMBER 2024 |
1. | STATUTORY INFORMATION |
Bshi Ltd is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
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 |
Plant and machinery | - |
Financial instruments |
Financial instruments are classified and accounted for, according to the substance of the contractual |
arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument |
is any contract that evidences a residual interest in the assets of the company after deducting all of its |
liabilities. |
Financial instruments are measured at their fair value at the year end. Equity instruments are valued based on their market value. Any movements in fair value are recognised through the profit and loss. |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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. |
BSHI LTD (REGISTERED NUMBER: 11676107) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1ST DECEMBER 2023 TO 31ST DECEMBER 2024 |
2. | ACCOUNTING POLICIES - continued |
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. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
£ |
COST |
At 1st December 2023 |
Additions |
At 31st December 2024 |
DEPRECIATION |
At 1st December 2023 |
Charge for period |
At 31st December 2024 |
NET BOOK VALUE |
At 31st December 2024 |
At 30th November 2023 |
BSHI LTD (REGISTERED NUMBER: 11676107) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1ST DECEMBER 2023 TO 31ST DECEMBER 2024 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Trade debtors |
Other debtors |
Directors' current accounts |
6. | CURRENT ASSET INVESTMENTS |
2024 | 2023 |
£ | £ |
Listed investments | 214,236 | 80,000 |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2024 | 2023 |
£ | £ |
Corporation Tax |
Social security and other taxes |
VAT |
Other creditors |
Accruals and deferred income |
8. | CALLED UP SHARE CAPITAL |
Allotted, issued and fully paid: |
Number: | Class: | Nominal | 2024 | 2023 |
value: | £ | £ |
Ordinary | £1 | 10 | 10 |
9. | RESERVES |
Revaluation |
reserve |
£ |
Transfer to reval. reserve | 13,374 |
At 31st December 2024 |
10. | RELATED PARTY DISCLOSURES |
At the period end, the company was owed £52,874 (2023: £20,377) by director A W Richards. |