Acorah Software Products - Accounts Production 16.4.675 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 07979411 Mr Gerard Gaskin Mr Gerard Gaskin iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07979411 2024-03-31 07979411 2025-03-31 07979411 2024-04-01 2025-03-31 07979411 frs-core:CurrentFinancialInstruments 2025-03-31 07979411 frs-core:PlantMachinery 2025-03-31 07979411 frs-core:PlantMachinery 2024-04-01 2025-03-31 07979411 frs-core:PlantMachinery 2024-03-31 07979411 frs-core:ShareCapital 2025-03-31 07979411 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 07979411 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 07979411 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 07979411 frs-bus:SmallEntities 2024-04-01 2025-03-31 07979411 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 07979411 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 07979411 frs-bus:Director1 2024-04-01 2025-03-31 07979411 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 07979411 frs-countries:EnglandWales 2024-04-01 2025-03-31 07979411 2023-03-31 07979411 2024-03-31 07979411 2023-04-01 2024-03-31 07979411 frs-core:CurrentFinancialInstruments 2024-03-31 07979411 frs-core:ShareCapital 2024-03-31 07979411 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 07979411
BHP Sealants Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Contents
Page
Balance Sheet 1
Notes to the Financial Statements 2—3
Page 1
Balance Sheet
Registered number: 07979411
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 433 -
433 -
CURRENT ASSETS
Debtors 5 12,470 9,149
Cash at bank and in hand 4,558 11,717
17,028 20,866
Creditors: Amounts Falling Due Within One Year 6 (10,949 ) (11,902 )
NET CURRENT ASSETS (LIABILITIES) 6,079 8,964
TOTAL ASSETS LESS CURRENT LIABILITIES 6,512 8,964
NET ASSETS 6,512 8,964
CAPITAL AND RESERVES
Called up share capital 7 4 4
Profit and Loss Account 6,508 8,960
SHAREHOLDERS' FUNDS 6,512 8,964
For the 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.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Gerard Gaskin
Director
01/07/2025
The notes on pages 2 to 3 form part of these financial statements.
Page 1
Page 2
Notes to the Financial Statements
1. General Information
BHP Sealants Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07979411 . The registered office is 23 High Street, Bagshot, Surrey, GU19 5AF.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% reducing balance
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 2 (2024: 2)
2 2
4. Tangible Assets
Plant & Machinery
£
Cost
As at 1 April 2024 790
Additions 577
Disposals (790 )
As at 31 March 2025 577
Depreciation
As at 1 April 2024 790
Provided during the period 144
Disposals (790 )
As at 31 March 2025 144
Net Book Value
As at 31 March 2025 433
As at 1 April 2024 -
Page 2
Page 3
5. Debtors
2025 2024
£ £
Due within one year
Trade debtors 11,668 7,856
Prepayments and accrued income 292 292
VAT 199 690
Other taxes and social security 311 311
12,470 9,149
6. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Trade creditors 869 -
Bank loans and overdrafts 1,013 -
Corporation tax 5,883 7,681
Other creditors 2,292 2,006
Accruals and deferred income 646 244
Director's loan account 246 1,971
10,949 11,902
7. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 4 4
Page 3