Company Registration No. 05265933 (England and Wales)
Buckhill Limited
Unaudited accounts
for the period from 1 November 2023 to 31 December 2024
Buckhill Limited
Unaudited accounts
Contents
Buckhill Limited
Company Information
for the period from 1 November 2023 to 31 December 2024
Company Number
05265933 (England and Wales)
Registered Office
Lloyds Of London Insurance
Lloyds Building, Room 897
1 Lime Street
London
London
EC3M 7HA
England
Accountants
Surrey Hills Accountancy Limited
The Old Workshop
Longfrey Cottage
Dorking Road
Chilworth
GU4 8RH
Buckhill Limited
Statement of financial position
as at 31 December 2024
Tangible assets
7,315
4,215
Cash at bank and in hand
1,455,177
1,365,964
Creditors: amounts falling due within one year
(816,549)
(533,397)
Net current assets
1,897,204
1,506,078
Net assets
1,905,703
1,511,477
Called up share capital
100
100
Profit and loss account
1,905,603
1,511,377
Shareholders' funds
1,905,703
1,511,477
For the period ending 31 December 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 director acknowledges his 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 and authorised for issue on 21 July 2025 and were signed on its behalf by
Stuart Buckell
Director
Company Registration No. 05265933
Buckhill Limited
Notes to the Accounts
for the period from 1 November 2023 to 31 December 2024
Buckhill Limited is a private company, limited by shares, registered in England and Wales, registration number 05265933. The registered office is Lloyds Of London Insurance, Lloyds Building, Room 897, 1 Lime Street, London, London, EC3M 7HA, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly to other comprehensive income.
The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in counties where the company operates and generates taxable income.
Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that they are expected to apply the reversal of the timing difference.
Buckhill Limited
Notes to the Accounts
for the period from 1 November 2023 to 31 December 2024
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:
Computer equipment
20% Straight Line
Investments in shares are included at fair value.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2023
-
35,515
35,515
Additions
3,679
2,329
6,008
At 31 December 2024
3,679
37,844
41,523
At 1 November 2023
-
31,300
31,300
Charge for the period
157
2,751
2,908
At 31 December 2024
157
34,051
34,208
At 31 December 2024
3,522
3,793
7,315
At 31 October 2023
-
4,215
4,215
5
Investments
Subsidiary undertakings
Valuation at 1 November 2023
1,184
Valuation at 31 December 2024
1,184
Buckhill Limited
Notes to the Accounts
for the period from 1 November 2023 to 31 December 2024
Amounts falling due within one year
Trade debtors
387,677
241,438
Deferred tax asset
2,125
4,328
Accrued income and prepayments
2,552
4,695
Other debtors
87,145
88,120
Amounts falling due after more than one year
Amounts due from group undertakings etc.
779,077
326,680
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
267,704
171,758
Taxes and social security
198,319
904
Loans from directors
-
(273)
Deferred income
261,652
261,652
8
Transactions with related parties
The balance of £779,077 within Amounts due from group undertakings etc. is comprised of the following:
1. Loan to Bucks Property Services d.o.o of Ulica Ivana Mazuranica 38, 10430 Samobor, Croatia.
Dated 01/03/2023.
Loan £230,000 GBP (converted to EUR at the middle rate, sent with multiple payments equaling the total loan amount).
The Borrower promises to repay this principal amount to the lender, with interest payable on the unpaid principal at the rate of 1.50 percent per annum, calculated yearly not in advance, beginning on 01/09/2023. The loan may be drawn down in smaller amounts, as required.
2. Loan to Bucks Property Services d.o.o of Ulica Ivana Mazuranica 38, 10430 Samobor, Croatia.
Dated 01/03/2023.
Loan £220,000 GBP (converted to EUR at the middle rate, sent with multiple payments equaling the total loan amount).
The Borrower promises to repay this principal amount to the lender, with interest payable on the unpaid principal at the rate of 3.00 percent per annum, calculated yearly not in advance, beginning on 01/03/2023.
3. Loan to Bucks Property Services d.o.o of Ulica Ivana Mazuranica 38, 10430 Samobor, Croatia.
Dated 01/03/2024.
Loan £400,000 GBP (converted to EUR at the middle rate, sent with multiple payments equaling the total loan amount).
The Borrower promises to repay this principal amount to the lender, with interest payable on the unpaid principal at the rate of 1.50 percent per annum, calculated yearly not in advance, beginning on 01/03/2024.
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Average number of employees
During the period the average number of employees was 7 (2023: 5).