BANKHOUSE MANAGEMENT AND DEVELOPMENT LIM - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07576013 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2021

for

BANKHOUSE MANAGEMENT AND DEVELOPMENT

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs Anne Curran

Mr Gordon Cuthbert

Mr Charles Mc Tiernan

REGISTERED OFFICE:

72 AIGBURTH ROAD

LIVERPOOL

Merseyside

L17 7BN

REGISTERED NUMBER:

07576013 (England and Wales)

ACCOUNTANTS:

DBS Corporate Accountants

Suite 4102, Charlotte House

Queens Dock Business Centre

67-83 Norfolk Street

Liverpool

Merseyside

L1 0BG

FIXED ASSETS

Investment property

4

329,674

329,674

CURRENT ASSETS

Cash at bank

62,876

162

CREDITORS

Amounts falling due within one year

5

413,044

348,317

NET CURRENT LIABILITIES

(350,168

)

(348,155

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(20,494

)

(18,481

)

CREDITORS

Amounts falling due after more than one year

6

-

970

NET LIABILITIES

(20,494

)

(19,451

)

CAPITAL AND RESERVES

Called up share capital

4

4

Retained earnings

(20,498

)

(19,455

)

(20,494

)

(19,451

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 3 December 2021 and were signed on its behalf by:

Mr Gordon Cuthbert - Director

1.	STATUTORY INFORMATION

BANKHOUSE MANAGEMENT AND DEVELOPMENT 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.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

Going concern

The directors believe that the company will continue its operations in the foreseeable future and it is a going concern.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2020

and 31 March 2021

329,674

NET BOOK VALUE

At 31 March 2021

329,674

At 31 March 2020

329,674

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Trade creditors

(17

)

-

Other creditors

413,061

348,317

413,044

348,317

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2021

2020

£

£

Trade creditors

-

970

7.	GOING CONCERN

The director states that the accounts have been prepared on the going concern basis. The directors will continue to support the business financially and ensure all liabilities are paid.