BCH Commercial Investments Limited
BCH Commercial Investments Limited
Registered number: 10311571
Unaudited Financial Statements
For The Year Ended
31 March 2021
BCH Commercial Investments Limited
Unaudited Financial Statements
For The Year Ended
31 March 2021
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Balance Sheet | 1—2 |
| Notes to the Financial Statements | 3—4 |
BCH Commercial Investments Limited
Balance Sheet
As at
31 March 2021
Balance Sheet
Registered number:
10311571
For the year ending 31 March 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
| 2021 | 2020 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Investments in jointly controlled and associate entities | 3 |
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| CURRENT ASSETS | |||||
| Debtors | 4 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 5 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET ASSETS |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 6 |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | 1,423,314 | 1,421,729 | |||
Page 1
BCH Commercial Investments Limited
Balance Sheet (continued)
As at
31 March 2021
Director's responsibilities
-
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
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Director
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The notes on pages 3 to 4 form part of these financial statements.
Page 2
BCH Commercial Investments Limited
Notes to the Financial Statements
For The Year Ended
31 March 2021
Notes to the Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Investments in jointly controlled and associate entities
Investments in Jointly Controlled Entities
Investments in jointly controlled entities are accounted for in accordance with the provisons of FRS 102 section 1A Small Entities. The cost model has been chosen and Investments in jointly controlled entities are therefore shown at cost less any accumulated impairment losses.
Dividends and other distributions received from jointly controlled entities are recognised as income without regard to whether the distributions are from accumulated profits of the jointly controlled entities arising before or after the date of acquisition.
Investments in Associate Entities
Investments in associates are accounted for in accordance with the provisions of FRS 102 section 1A Small Entities. The cost model has been chosen and investments in associated entities are therefore shown at cost less any accumulated impairment losses.
Dividends and other distributions received from associate entities are recognised as income without regard to whether the distributions are from accumulated profits of the associate entities arising before or after the date of acquisition.
1.3.
Impairment of Investments
In the event that the recoverable amount of an investment in an associate or a jointly controlled entity is less than its carrying amount, the company will reduce the carrying amount to the recoverable amount. The reduction will be an Impairment loss and this will be recognised in the profit and loss account for the period of account.
2.
Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2020: NIL)
Page 3
BCH Commercial Investments Limited
Notes to the Financial Statements (continued)
For The Year Ended
31 March 2021
3.
Investments in jointly controlled and associate entities
| Unlisted | |
|---|---|
| £ | |
| Cost | |
| As at
|
140 |
| As at
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140 |
| Provision | |
| As at
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- |
| As at
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- |
| Net Book Value | |
| As at
|
140 |
| As at
|
140 |
4.
Debtors
| 2021 | 2020 | ||
|---|---|---|---|
| £ | £ | ||
| Due within one year | |||
| Due after more than one year | |||
| Amounts owed by associates |
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5.
Creditors: Amounts Falling Due Within One Year
| 2021 | 2020 | ||
|---|---|---|---|
| £ | £ | ||
| Director's loan account |
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7.
General Information
BCH Commercial Investments Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
10311571
. The registered office is 23a Gold Tops, Newport, NP20 4UL.
Page 4