IRIS Accounts Production v25.2.0.378 11165888 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh111658882024-03-31111658882025-03-31111658882024-04-012025-03-31111658882023-03-31111658882023-04-012024-03-31111658882024-03-3111165888ns15:EnglandWales2024-04-012025-03-3111165888ns14:PoundSterling2024-04-012025-03-3111165888ns10:Director12024-04-012025-03-3111165888ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3111165888ns10:SmallEntities2024-04-012025-03-3111165888ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3111165888ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3111165888ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3111165888ns10:FullAccounts2024-04-012025-03-3111165888ns10:Director22024-04-012025-03-3111165888ns10:Director32024-04-012025-03-3111165888ns10:RegisteredOffice2024-04-012025-03-3111165888ns5:CurrentFinancialInstruments2025-03-3111165888ns5:CurrentFinancialInstruments2024-03-3111165888ns5:Non-currentFinancialInstruments2025-03-3111165888ns5:Non-currentFinancialInstruments2024-03-3111165888ns5:ShareCapital2025-03-3111165888ns5:ShareCapital2024-03-3111165888ns5:FurtherSpecificReserve3ComponentTotalEquity2025-03-3111165888ns5:FurtherSpecificReserve3ComponentTotalEquity2024-03-3111165888ns5:RetainedEarningsAccumulatedLosses2025-03-3111165888ns5:RetainedEarningsAccumulatedLosses2024-03-3111165888ns5:MoreThanFiveYearsns5:Non-currentFinancialInstruments2025-03-3111165888ns5:MoreThanFiveYearsns5:Non-currentFinancialInstruments2024-03-3111165888ns5:Secured2025-03-3111165888ns5:Secured2024-03-3111165888ns5:DeferredTaxation2025-03-3111165888ns5:DeferredTaxation2024-03-3111165888ns5:DeferredTaxation2024-03-3111165888ns5:RetainedEarningsAccumulatedLosses2024-03-3111165888ns5:FurtherSpecificReserve3ComponentTotalEquity2024-03-3111165888ns5:RetainedEarningsAccumulatedLosses2024-04-012025-03-31
REGISTERED NUMBER: 11165888 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

BSHD LTD

BSHD LTD (REGISTERED NUMBER: 11165888)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BSHD LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: P Blackman
G Drewery
K G Saltmarsh





REGISTERED OFFICE: 67 Ongar Road
Writtle
Chelmsford
Essex
CM1 3NA





REGISTERED NUMBER: 11165888 (England and Wales)






BSHD LTD (REGISTERED NUMBER: 11165888)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 4,085,000 4,085,000

CURRENT ASSETS
Cash at bank and in hand 26,551 49,826

CREDITORS
Amounts falling due within one year 5 913,314 893,522
NET CURRENT LIABILITIES (886,763 ) (843,696 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,198,237

3,241,304

CREDITORS
Amounts falling due after more than one
year

6

(2,177,443

)

(2,168,838

)

PROVISIONS FOR LIABILITIES 8 (307,523 ) (307,523 )
NET ASSETS 713,271 764,943

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 9 922,840 922,840
Retained earnings 9 (209,669 ) (157,997 )
713,271 764,943

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

BSHD LTD (REGISTERED NUMBER: 11165888)

BALANCE SHEET - continued
31 MARCH 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 August 2025 and were signed on its behalf by:





K G Saltmarsh - Director


BSHD LTD (REGISTERED NUMBER: 11165888)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

BSHD Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 6 ) .

4. INVESTMENT PROPERTY
Total
£   
COST OR VALUATION
At 1 April 2024
and 31 March 2025 4,085,000
NET BOOK VALUE
At 31 March 2025 4,085,000
At 31 March 2024 4,085,000

BSHD LTD (REGISTERED NUMBER: 11165888)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

4. INVESTMENT PROPERTY - continued

Cost or valuation at 31 March 2025 is represented by:
£   
Valuation in 2020 1,320,000
Valuation in 2021 880,000
Valuation in 2022 1,165,000
Valuation in 2024 720,000
4,085,000

If investment properties had not been revalued they would have been included at the following historical cost:

2025 2024
£    £   
Cost 2,854,906 2,854,906

Investment properties were valued on an open market basis on 31 March 2024 by the Directors. .

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Taxation and social security 2,673 2,342
Other creditors 910,641 891,180
913,314 893,522

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans 2,177,443 2,168,838

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 2,177,443 2,168,838

7. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Bank loans 2,177,443 2,168,838

The bank loans are secured on the company's investment property portfolio.

8. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 307,523 307,523

BSHD LTD (REGISTERED NUMBER: 11165888)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2024 307,523
Fair value adjustment
Balance at 31 March 2025 307,523

9. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 April 2024 (157,997 ) 922,840 764,843
Deficit for the year (51,672 ) (51,672 )
At 31 March 2025 (209,669 ) 922,840 713,171