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Company No: 08776109 (England and Wales)

BIRTCHNELLS OF HIGHCLIFFE LIMITED

Unaudited Financial Statements
For the financial year ended 31 March 2025
Pages for filing with the registrar

BIRTCHNELLS OF HIGHCLIFFE LIMITED

Unaudited Financial Statements

For the financial year ended 31 March 2025

Contents

BIRTCHNELLS OF HIGHCLIFFE LIMITED

BALANCE SHEET

As at 31 March 2025
BIRTCHNELLS OF HIGHCLIFFE LIMITED

BALANCE SHEET (continued)

As at 31 March 2025
Note 2025 2024
£ £
Fixed assets
Tangible assets 4 39,187 50,670
39,187 50,670
Current assets
Stocks 5 80,160 74,656
Debtors 6 5,892 20,258
Cash at bank and in hand 81,050 83,632
167,102 178,546
Creditors: amounts falling due within one year 7 ( 23,321) ( 41,236)
Net current assets 143,781 137,310
Total assets less current liabilities 182,968 187,980
Creditors: amounts falling due after more than one year 8 ( 11,951) 0
Provision for liabilities ( 23) ( 75)
Net assets 170,994 187,905
Capital and reserves
Called-up share capital 168,100 168,100
Profit and loss account 2,894 19,805
Total shareholders' funds 170,994 187,905

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The financial statements of Birtchnells of Highcliffe Limited (registered number: 08776109) were approved and authorised for issue by the Board of Directors on 09 June 2025. They were signed on its behalf by:

C L Birtchnell
Director
BIRTCHNELLS OF HIGHCLIFFE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
BIRTCHNELLS OF HIGHCLIFFE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Birtchnells of Highcliffe Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 303 Lymington Road, Highcliffe, Christchurch, BH23 5EG, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.
Turnover from the sale of goods is recognised when the goods are physically delivered to the customer.
Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Website costs 3 years straight line
Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings 15 years straight line
Vehicles 25 % reducing balance
Fixtures and fittings 4 years straight line
Office equipment 4 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

2. Employees

2025 2024
Number Number
Monthly average number of persons employed by the Company during the year, including directors 2 2

3. Intangible assets

Website costs Total
£ £
Cost
At 01 April 2024 6,730 6,730
At 31 March 2025 6,730 6,730
Accumulated amortisation
At 01 April 2024 6,730 6,730
At 31 March 2025 6,730 6,730
Net book value
At 31 March 2025 0 0
At 31 March 2024 0 0

4. Tangible assets

Land and buildings Vehicles Fixtures and fittings Office equipment Total
£ £ £ £ £
Cost
At 01 April 2024 124,533 35,630 5,060 1,340 166,563
At 31 March 2025 124,533 35,630 5,060 1,340 166,563
Accumulated depreciation
At 01 April 2024 85,525 24,357 5,060 951 115,893
Charge for the financial year 8,392 2,818 0 273 11,483
At 31 March 2025 93,917 27,175 5,060 1,224 127,376
Net book value
At 31 March 2025 30,616 8,455 0 116 39,187
At 31 March 2024 39,008 11,273 0 389 50,670

5. Stocks

2025 2024
£ £
Stocks 80,160 74,656

6. Debtors

2025 2024
£ £
Trade debtors 947 245
Amounts owed by directors 0 4,433
Prepayments 3,746 3,146
VAT recoverable 1,199 683
Other debtors 0 11,751
5,892 20,258

7. Creditors: amounts falling due within one year

2025 2024
£ £
Trade creditors 4,770 5,353
Amounts owed to directors 623 0
Accruals and deferred income 10,884 9,336
Taxation and social security 2,950 6,425
Obligations under finance leases and hire purchase contracts (secured) 4,094 20,122
23,321 41,236

Hire purchase contracts are secured on the assets to which they relate

8. Creditors: amounts falling due after more than one year

2025 2024
£ £
Obligations under finance leases and hire purchase contracts (secured) 11,951 0

Hire purchase contracts are secured on the assets to which they relate