Caseware UK (AP4) 2023.0.135 2023.0.135 2024-12-312024-12-31false2024-01-01falseseller champagne.44falsetrue 03031863 2024-01-01 2024-12-31 03031863 2023-01-01 2023-12-31 03031863 2024-12-31 03031863 2023-12-31 03031863 c:Director2 2024-01-01 2024-12-31 03031863 d:MotorVehicles 2024-01-01 2024-12-31 03031863 d:MotorVehicles 2024-12-31 03031863 d:MotorVehicles 2023-12-31 03031863 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 03031863 d:FurnitureFittings 2024-01-01 2024-12-31 03031863 d:FurnitureFittings 2024-12-31 03031863 d:FurnitureFittings 2023-12-31 03031863 d:FurnitureFittings d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 03031863 d:ComputerEquipment 2024-01-01 2024-12-31 03031863 d:ComputerEquipment 2024-12-31 03031863 d:ComputerEquipment 2023-12-31 03031863 d:ComputerEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 03031863 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 03031863 d:CurrentFinancialInstruments 2024-12-31 03031863 d:CurrentFinancialInstruments 2023-12-31 03031863 d:Non-currentFinancialInstruments 2024-12-31 03031863 d:Non-currentFinancialInstruments 2023-12-31 03031863 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 03031863 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 03031863 d:ShareCapital 2024-12-31 03031863 d:ShareCapital 2023-12-31 03031863 d:RetainedEarningsAccumulatedLosses 2024-12-31 03031863 d:RetainedEarningsAccumulatedLosses 2023-12-31 03031863 c:FRS102 2024-01-01 2024-12-31 03031863 c:Audited 2024-01-01 2024-12-31 03031863 c:FullAccounts 2024-01-01 2024-12-31 03031863 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 03031863 c:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 03031863 2 2024-01-01 2024-12-31 03031863 e:PoundSterling 2024-01-01 2024-12-31 iso4217:GBP xbrli:pure
Registered number: 03031863












BILLECART - SALMON (UK) LIMITED
FINANCIAL STATEMENTS
INFORMATION FOR FILING WITH THE REGISTRAR
FOR THE YEAR ENDED
 31 DECEMBER 2024



















 


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01483 755 399
hamlyns.com

 
BILLECART - SALMON (UK) LIMITED
REGISTERED NUMBER: 03031863

BALANCE SHEET
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
11,061
13,549

  
11,061
13,549

Current assets
  

Stocks
  
68,049
-

Debtors: amounts falling due after more than one year
 5 
55,515
-

Debtors: amounts falling due within one year
 5 
1,411,798
1,123,133

Bank and cash balances
  
205,449
316,752

  
1,740,811
1,439,885

Creditors: amounts falling due within one year
 6 
(1,696,893)
(1,405,680)

Net current assets
  
 
 
43,918
 
 
34,205

Total assets less current liabilities
  
54,979
47,754

  

Net assets
  
54,979
47,754


Capital and reserves
  

Called up share capital 
  
500,100
500,100

Profit and loss account
  
(445,121)
(452,346)

  
54,979
47,754


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: 




___________________________
Christopher William Crosby
Director

Date: 7 April 2025

The notes on pages 2 to 6 form part of these financial statements.
Page 1

 
BILLECART - SALMON (UK) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1.


General information

Billecart Salmon (UK) Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address is as follows:
Registered number: 03031863
Registered Office: Sundial House, High Street, Horsell, Woking, Surrey, GU21 4SU
The presentation currency of the financial statements is the Pound Sterling (£).

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.

 
2.2

Going concern

The financial statements have been prepared on a going concern basis. The directors have acknowledged the latest guidance on going concern and financial reporting published by the Financial Reporting Council.
Assurances have been received from the directors of the immediate parent company that additional funding would be made available by way of loans or share capital should this be necessary.

 
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

Interest income

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

 
2.5

Borrowing costs

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

Page 2

 
BILLECART - SALMON (UK) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.6

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.

 
2.7

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.


 
2.8

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, using both straight line and reducing balance.

Depreciation is provided on the following basis:

Motor vehicles
-
25%
on reducing balance
Fixtures and fittings
-
25%
on reducing balance
Computer equipment
-
33%
on cost

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.

 
2.9

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 weighted average 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.

Page 3

 
BILLECART - SALMON (UK) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.10

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.

 
2.11

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.


3.


Employees

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


4.


Tangible fixed assets





Motor vehicles
Fixtures and fittings
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 January 2024
70,098
27,794
37,871
135,763


Additions
-
1,128
1,518
2,646



At 31 December 2024

70,098
28,922
39,389
138,409



Depreciation


At 1 January 2024
70,098
17,177
34,939
122,214


Charge for the year on owned assets
-
2,882
2,252
5,134



At 31 December 2024

70,098
20,059
37,191
127,348



Net book value



At 31 December 2024
-
8,863
2,198
11,061



At 31 December 2023
-
10,617
2,932
13,549

Page 4

 
BILLECART - SALMON (UK) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

5.


Debtors

2024
2023
£
£

Due after more than one year

Other debtors
55,515
-

55,515
-


2024
2023
£
£

Due within one year

Trade debtors
1,357,659
1,086,823

Other debtors
29,558
18,721

Prepayments and accrued income
24,581
17,589

1,411,798
1,123,133



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank overdrafts
-
90

Trade creditors
80,099
90,131

Amounts owed to group undertakings
1,126,858
930,285

Corporation tax
61,889
46,551

Other taxation and social security
362,863
305,289

Other creditors
2,006
1,832

Accruals and deferred income
63,178
31,502

1,696,893
1,405,680



7.


Related party disclosures

At year end Billecart Salmon (UK) Limited owed a related party £2,420,690 (2023: £930,285), which is interest free and repayable on demand.


8.


Controlling party

The parent undertaking of Billecart Salmon (UK) Limited is Champagne Billecart Salmon SA, a company incorporated in France under number 335.480.075. The address of the parent's registered office is 40, Rue Carnot, 51160 Mareuil-sur-aÿ, France.
The ultimate owner by virtue of voting rights is François Roland-Billecart.

Page 5

 
BILLECART - SALMON (UK) LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

9.
 

Provisions available for audits of small entities

In common with many other businesses of our size and nature, we use our auditor to prepare and submit
returns to the tax authorities and assist with the preparation of the financial statements.


10.


Auditors' information

The auditors' report on the financial statements for the year ended 31 December 2024 was unqualified.

The audit report was signed on 7 April 2025 by Oliver Spevack ACA FCCA (senior statutory auditor) on behalf of Hamlyns Limited.


Page 6