Bergood Investments Limited Filleted accounts for Companies House (small and micro)

BERGOOD INVESTMENTS LIMITED - Company Information

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COMPANY REGISTRATION NUMBER: 0430386

Bergood Investments Limited

Filleted Unaudited Financial Statements

31 March 2021

Bergood Investments Limited

Statement of Financial Position

31 March 2021

	2021		2020
Note	£	£	£

Current assets

Debtors	4	167,212	166,812
Cash at bank and in hand		1,671	1,911
		---------	---------
		168,883	168,723

Creditors: amounts falling due within one year	5	20,850		20,647
		---------		---------
Net current assets			148,033	148,076
			---------	---------
Total assets less current liabilities			148,033	148,076
			---------	---------
Net assets			148,033	148,076
			---------	---------

Capital and reserves

Called up share capital	500	500
Capital redemption reserve	216,463	216,463
Profit and loss account	( 68,930)	( 68,887)
	---------	---------
Shareholders funds	148,033	148,076
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 30 May 2022 , and are signed on behalf of the board by:

Mrs D Feldman

Director

Company registration number: 0430386

Bergood Investments Limited

Notes to the Financial Statements

Year ended 31 March 2021

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Hallswelle House, 1 Hallswelle Road, London, NW11 ODH.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

The turnover of the company is derived from property investment and management.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities. Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability. Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

4. Debtors

	2021	2020
	£	£
Amounts owed by related undertakings	167,212	166,812
	---------	---------

5. Creditors: amounts falling due within one year

	2021	2020
	£	£
Amounts owed to related companies	18,740	18,740
Other creditors	2,110	1,907
	--------	--------
	20,850	20,647
	--------	--------

6. Related party transactions

The company was under the control of Mr H & Mrs D.Feldman throughout the current and previous year. Loans to and from associated companies are disclosed separately in the debtors and creditors notes to the accounts.