Berlain Limited - Period Ending 2022-01-31

Berlain Limited

(Registration number: 09382836)
Balance Sheet as at 31 January 2022

	Note	2022 £	2021 £
Fixed assets
Tangible assets	4	55,524	55,524
Current assets
Cash at bank and in hand		1	1
Creditors: Amounts falling due within one year	5	(57,947)	(57,947)
Net current liabilities		(57,946)	(57,946)
Net liabilities		(2,422)	(2,422)
Capital and reserves
Called up share capital		1	1
Profit and loss account		(2,423)	(2,423)
Shareholders' deficit		(2,422)	(2,422)

For the financial year ending 31 January 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 22 March 2022
 

.........................................

Mr IR Elphick

Director

Berlain Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2022

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
The Corner House
2 High Street
Aylesford
Kent
ME20 7BG
England

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis, notwithstanding the deficiency of net assets, on the basis that the director of the company has confirmed that the necessary funds will be made available as and when needed to meet the liabilities of the company as and when they fall due

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Berlain Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2022

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2021 - 1).

4	Tangible assets

	Land and buildings £	Total £
Cost or valuation
At 1 February 2021	55,524	55,524
At 31 January 2022	55,524	55,524
Depreciation
Carrying amount
At 31 January 2022	55,524	55,524
At 31 January 2021	55,524	55,524

Included within the net book value of land and buildings above is £55,524 (2021 - £55,524) in respect of freehold land and buildings.
 

Berlain Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2022

5

Creditors

Creditors: amounts falling due within one year

	2022 £	2021 £
Due within one year
Trade creditors	1,170	1,170
Other creditors	56,777	56,777
	57,947	57,947