1 April 2023 false No description of principal activity Taxfiler 2024.6 12292917business:PrivateLimitedCompanyLtd2023-04-012024-03-31 122929172023-03-31 122929172023-04-012024-03-31 12292917business:AuditExempt-NoAccountantsReport2023-04-012024-03-31 12292917business:FilletedAccounts2023-04-012024-03-31 122929172024-03-31 12292917business:Director12023-04-012024-03-31 12292917business:Director22023-04-012024-03-31 12292917business:RegisteredOffice2023-04-012024-03-31 122929172023-03-31 12292917core:WithinOneYear2024-03-31 12292917core:WithinOneYear2023-03-31 12292917core:AfterOneYear2024-03-31 12292917core:AfterOneYear2023-03-31 12292917core:ShareCapitalcore:PreviouslyStatedAmount2024-03-31 12292917core:ShareCapitalcore:PreviouslyStatedAmount2023-03-31 12292917core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-03-31 12292917core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-03-31 12292917core:PreviouslyStatedAmount2024-03-31 12292917core:PreviouslyStatedAmount2023-03-31 12292917business:SmallEntities2023-04-012024-03-31 12292917countries:EnglandWales2023-04-012024-03-31 12292917core:LandBuildings2023-04-012024-03-31 12292917core:PlantMachinery2023-04-012024-03-31 12292917core:FurnitureFittings2023-04-012024-03-31 12292917core:ComputerEquipment2023-04-012024-03-31 12292917core:Goodwill2023-03-31 12292917core:IntangibleAssetsOtherThanGoodwill2023-03-31 12292917core:Goodwill2024-03-31 12292917core:IntangibleAssetsOtherThanGoodwill2024-03-31 12292917core:Goodwill2023-04-012024-03-31 12292917core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-31 12292917core:LandBuildings2023-03-31 12292917core:PlantMachinery2023-03-31 12292917core:FurnitureFittings2023-03-31 12292917core:ComputerEquipment2023-03-31 12292917core:LandBuildings2024-03-31 12292917core:PlantMachinery2024-03-31 12292917core:FurnitureFittings2024-03-31 12292917core:ComputerEquipment2024-03-31 122929172022-04-012023-03-31 iso4217:GBP xbrli:pure
Company Registration No. 12292917 (England and Wales)
BIRD HOUSE SBM LTD Unaudited accounts for the year ended 31 March 2024
BIRD HOUSE SBM LTD Unaudited accounts Contents
Page
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BIRD HOUSE SBM LTD Company Information for the year ended 31 March 2024
Directors
William Percy Fuller Frazer Hugo Timmerman
Company Number
12292917 (England and Wales)
Registered Office
C/O Williams Stanley and Co 85 Great Portland St, First Floor London W1W 7LT England
Accountants
Williams Stanley and Co
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BIRD HOUSE SBM LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
311 
488 
Tangible assets
448,974 
440,243 
449,285 
440,731 
Current assets
Inventories
8,089 
3,902 
Debtors
118,010 
58,244 
Cash at bank and in hand
7,152 
(24,182)
133,251 
37,964 
Creditors: amounts falling due within one year
(670,439)
(386,555)
Net current liabilities
(537,188)
(348,591)
Total assets less current liabilities
(87,903)
92,140 
Creditors: amounts falling due after more than one year
(231,047)
(213,879)
Net liabilities
(318,950)
(121,739)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(319,050)
(121,839)
Shareholders' funds
(318,950)
(121,739)
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 March 2025 and were signed on its behalf by
Frazer Hugo Timmerman Director Company Registration No. 12292917
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BIRD HOUSE SBM LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
BIRD HOUSE SBM LTD is a private company, limited by shares, registered in England and Wales, registration number 12292917. The registered office is C/O Williams Stanley and Co , 85 Great Portland St, First Floor, London, W1W 7LT, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
5 Years Straight Line
Plant & machinery
5 Years Straight Line
Fixtures & fittings
3 Years Straight Line
Computer equipment
3 Years Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Explanation of Non-Recurring Event Impacting Earnings
The Hawks Nest bar/restaurant was closed for the period 01.04.23 - 31.08.23 for the construction of a retractable roof over the exterior area of the venue, this was the reason for the decline in turnover during the period and the previous period and also for the loss which was recorded during this financial year. Following completion of construction, a new 25 year lease was signed for the property and upon reopening the business recorded a site EBITDA of £57,745 for the period 01.09.23 - 31.03.24
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BIRD HOUSE SBM LTD Notes to the Accounts for the year ended 31 March 2024
4
Intangible fixed assets
Goodwill 
Other 
Total 
£ 
£ 
£ 
Cost
At 1 April 2023
- 
890 
890 
At 31 March 2024
- 
890 
890 
Amortisation
At 1 April 2023
- 
402 
402 
Charge for the year
266 
(89)
177 
At 31 March 2024
266 
313 
579 
Net book value
At 31 March 2024
(266)
577 
311 
At 31 March 2023
- 
488 
488 
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 April 2023
393,703 
125,101 
50,249 
38,496 
607,549 
Additions
189,608 
17,061 
14,919 
3,966 
225,554 
Disposals
(155,305)
(34,491)
(12,273)
(3,364)
(205,433)
At 31 March 2024
428,006 
107,671 
52,895 
39,098 
627,670 
Depreciation
At 1 April 2023
94,201 
40,746 
14,792 
17,567 
167,306 
Charge for the year
59,771 
11,964 
6,337 
8,072 
86,144 
On disposals
(53,656)
(14,043)
(4,600)
(2,455)
(74,754)
At 31 March 2024
100,316 
38,667 
16,529 
23,184 
178,696 
Net book value
At 31 March 2024
327,690 
69,004 
36,366 
15,914 
448,974 
At 31 March 2023
299,502 
84,355 
35,457 
20,929 
440,243 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
20,633 
(292)
Amounts due from group undertakings etc.
28,252 
- 
Accrued income and prepayments
10,375 
3,934 
Other debtors
58,750 
54,602 
118,010 
58,244 
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BIRD HOUSE SBM LTD Notes to the Accounts for the year ended 31 March 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
58,271 
21,250 
VAT
291,086 
182,073 
Trade creditors
121,927 
109,844 
Amounts owed to group undertakings and other participating interests
57,690 
- 
Taxes and social security
95,633 
61,425 
Other creditors
22,081 
4,457 
Accruals
23,751 
7,506 
670,439 
386,555 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
231,047 
36,601 
Amounts owed to group undertakings and other participating interests
- 
35,792 
Other creditors
- 
141,486 
231,047 
213,879 
9
Average number of employees
During the year the average number of employees was 24 (2023: 36).
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