BVH Car Sales Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 08532664 (England and Wales)

Financial Statements

for the Year Ended 31 March 2025

for

BVH Car Sales Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R J Houghton

R M Houghton

REGISTERED OFFICE:

Hind Street

Birkenhead

Wirral

Merseyside

CH41 5DA

REGISTERED NUMBER:

08532664 (England and Wales)

ACCOUNTANTS:

SB&P

Chartered Accountants

Oriel House

2-8 Oriel Road

Bootle

Liverpool

Merseyside

L20 7EP

FIXED ASSETS

Tangible assets

4

6,521

7,099

CURRENT ASSETS

Stocks

407,437

628,068

Debtors

5

60,462

37,860

Cash at bank and in hand

380,636

95,659

848,535

761,587

CREDITORS

Amounts falling due within one year

6

582,991

403,984

NET CURRENT ASSETS

265,544

357,603

TOTAL ASSETS LESS CURRENT LIABILITIES

272,065

364,702

CAPITAL AND RESERVES

Called up share capital

7

100

Retained earnings

271,965

364,602

SHAREHOLDERS' FUNDS

272,065

364,702

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.

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 7 October 2025 and were signed on its behalf by:

R M Houghton - Director

R J Houghton - Director

1.	STATUTORY INFORMATION

BVH Car Sales 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.

Turnover

Turnover represents the value of goods sold during the period, net of VAT. Turnover is recognised when goods are physically delivered to the customer.

Tangible fixed assets

Fixed assets are stated at cost or valuation less accumulated depreciation. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided on tangible fixed assets at rates calculated to write off the cost less estimated residual value of each asset on a systematic basis over its expected useful life as follows:

Fixtures and fittings

25% reducing balance

Computer equipment

25% straight line

Property Improvements

25% reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Computer

property

fittings

equipment

Totals

£

COST

At 1 April 2024

12,000

11,575

1,695

25,270

Additions

-

1,221

At 31 March 2025

12,000

11,575

2,916

26,491

DEPRECIATION

At 1 April 2024

7,254

9,222

1,695

18,171

Charge for year

1,186

588

25

1,799

At 31 March 2025

8,440

9,810

1,720

19,970

NET BOOK VALUE

At 31 March 2025

3,560

1,765

1,196

6,521

At 31 March 2024

4,746

2,353

-

7,099

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

29,237

29,436

Other debtors

31,225

8,424

60,462

37,860

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors

85,345

101,895

Taxation and social security

-

15,470

Other creditors

497,646

286,619

582,991

403,984

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

67

Ordinary

£1

67

33

Ordinary B

£1

33

100

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

R M Houghton

Balance outstanding at start of year

-

Amounts advanced

2,076

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

2,076

-

9.	CONTROLLING PARTY

The company is controlled by its parent company and by the directors thereof:

Birkenhead Car and Van Hire Limited

238-240 Conway Street

Birkenhead

CH41 4AQ