Bhart_Ltd_31_Mar_2022_companies_house_set_of_accounts.html
Bhart_Ltd_31_Mar_2022_companies_house_set_of_accounts.html
Company registration number:
Statement of Financial Position
| 31 Mar 2022 | |||
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| Note | £ | ||
| Fixed assets | |||
| Intangible assets | 5 |
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| Tangible assets | 6 |
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| Current assets | |||
| Debtors | 7 |
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| Cash at bank and in hand |
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| Creditors: amounts falling due within one year | 8 |
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| Net current liabilities |
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| Total assets less current liabilities | (4,693 | ) | |
| Creditors: amounts falling due after more than one year | 9 |
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| Net liabilities |
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| Capital and reserves | |||
| Called up share capital |
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| Profit and loss account |
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| Shareholders deficit |
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For the period ending 31 March 2022 , 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 period 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 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.
These financial statements were approved by the board of directors and authorised for issue on 9 December 2022 , and are signed on behalf of the board by:
| Director |
Company registration number:
SC691711
Notes to the Financial Statements
Period ended 31 March 2022
1 General information
The company is a private company limited by shares and is registered in Scotland. The address of the registered office is 4 Lynedoch Place , Glasgow , G3 6AB , Scotland.
2 Statement of compliance
These financial statements have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and 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 assets.
The financial statements are prepared in sterling, which is the functional currency of the company.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Intangible assets
Intangible assets are initially measured at cost and are subsequently measured at cost less any accumulated amortisation and accumulated impairment losses or at a revalued amount. However, Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
| Other intangible assets |
Tangible assets
Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
| Fixtures and fittings | |
| Office equipment |
Defined contribution pension plan
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4 Average number of employees
The average number of persons employed by the company during the period was 4 .
5 Intangible assets
| Other intangible assets | ||
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| Cost | ||
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| Additions |
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| Amortisation | ||
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6 Tangible assets
| Plant and machinery etc. | ||
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| £ | ||
| Cost | ||
| At |
- | |
| Additions |
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| Depreciation | ||
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7 Debtors
| 31 Mar 2022 | ||
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| £ | ||
| Trade debtors |
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| Other debtors |
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8 Creditors: amounts falling due within one year
| 31 Mar 2022 | ||
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| £ | ||
| Bank loans and overdrafts |
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| Trade creditors |
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| Taxation and social security |
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| Other creditors |
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9 Creditors: amounts falling due after more than one year
| 31 Mar 2022 | ||
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| £ | ||
| Bank loans and overdrafts |
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| Other creditors |
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