BCH Investments Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07445938 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2021

FOR

BCH INVESTMENTS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

I P Bush

K Cuthbertson

S R Hall

REGISTERED OFFICE:

Bishearne Cottage

Farnham Road

West Liss

Petersfield

Hampshire

GU33 6JE

REGISTERED NUMBER:

07445938 (England and Wales)

ACCOUNTANTS:

Traviss & Co Ltd

Chartered Certified Accountants

Newtown House

38 Newtown Road

Liphook

Hampshire

GU30 7DX

CURRENT ASSETS

Stocks

389,514

374,297

Cash at bank

4,252

2,417

393,766

376,714

CREDITORS

Amounts falling due within one year

4

(243,363

)

(224,005

)

NET CURRENT ASSETS

150,403

152,709

TOTAL ASSETS LESS CURRENT LIABILITIES

150,403

152,709

CREDITORS

Amounts falling due after more than one year

5

(45,000

)

(45,000

)

NET ASSETS

105,403

107,709

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

105,400

107,706

SHAREHOLDERS' FUNDS

105,403

107,709

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2021 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 August 2022 and were signed on its behalf by:

S R Hall - Director

1.	STATUTORY INFORMATION

BCH Investments Limited 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.

Stocks

Work in progress consists of land and building and construction costs acquired for development. These properties are included in the financial statements at the lower of cost and net realisable value. Cost comprises the cost of land, construction, development expenditure, attributable interest, bank arrangement fees and on site services. Net realisable value is only used when it is known with reasonable certainty that it is less than the known or expected final development cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 NIL (2020 - NIL).

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Bank loans and overdrafts

5,000

5,000

Trade creditors

1,580

2,765

Amounts owed to group undertakings

20,000

-

Taxation and social security

718

200

Other creditors

216,065

216,040

243,363

224,005

5.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2021

2020

£

£

Bank loans

45,000

45,000