PCBH Finance Limited - Accounts to registrar (filleted) - small 22.3
PCBH Finance Limited - Accounts to registrar (filleted) - small 22.3
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 31 March 2022 |
| for |
| PCBH Finance Limited |
| PCBH Finance Limited (Registered number: 06708151) |
| Contents of the Financial Statements |
| for the Year Ended 31 March 2022 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| PCBH Finance Limited |
| Company Information |
| for the Year Ended 31 March 2022 |
| DIRECTOR: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Certified Accountants |
| Leofric House |
| Binley Road |
| Coventry |
| CV3 1JN |
| PCBH Finance Limited (Registered number: 06708151) |
| Balance Sheet |
| 31 March 2022 |
| 31.3.22 | 31.3.21 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Investments | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| The director acknowledges his 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. |
| PCBH Finance Limited (Registered number: 06708151) |
| Balance Sheet - continued |
| 31 March 2022 |
| In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
| The financial statements were approved by the director and authorised for issue on |
| PCBH Finance Limited (Registered number: 06708151) |
| Notes to the Financial Statements |
| for the Year Ended 31 March 2022 |
| 1. | STATUTORY INFORMATION |
| PCBH Finance Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Taxation |
| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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. |
| Fixed asset investments |
| Listed investments are measured at fair value, with changes in fair value recognised in the income statement. |
| Unlisted investments are measured fair value, with changes in fair value recognised in the income statement. Where it is not possible to measure the fair value reliably, unlisted investments are measured at cost less impairment. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| PCBH Finance Limited (Registered number: 06708151) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2022 |
| 4. | FIXED ASSET INVESTMENTS |
| Listed | Unlisted |
| investments | investments | Totals |
| £ | £ | £ |
| COST OR VALUATION |
| At 1 April 2021 | 99,832 |
| Disposals | ( |
) | (48,282 | ) |
| Revaluations | ( |
) | (28,940 | ) |
| At 31 March 2022 | 22,610 |
| NET BOOK VALUE |
| At 31 March 2022 | 22,610 |
| At 31 March 2021 | 99,832 |
| Cost or valuation at 31 March 2022 is represented by: |
| Listed | Unlisted |
| investments | investments | Totals |
| £ | £ | £ |
| Valuation in 2022 | 10,429 | 12,181 | 22,610 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.22 | 31.3.21 |
| £ | £ |
| Amounts owed by group undertakings |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.3.22 | 31.3.21 |
| £ | £ |
| Amounts owed to group undertakings |
| Tax |
| Accrued expenses |
| PCBH Finance Limited (Registered number: 06708151) |
| Notes to the Financial Statements - continued |
| for the Year Ended 31 March 2022 |
| 7. | RELATED PARTY DISCLOSURES |
| Other creditors include the following intercompany balances: |
| 2022 2021 |
| £ £ |
| CPB Surveys Limited 125,932 132,495 |
| Other debtors include the following intercompany balances: |
| 2022 2021 |
| £ £ |
| Boraston Holdings Limited 51,339 51,339 |
| CPB Surveys (London) Limited 352 393 |
| Outsurv Limited 98,300 22,600 |
| Other debtors includes £4,102 (2021: £4,102) owed by KC Construction & Architecture Limited, a company incorporated in Ghana. The company is controlled by the shareholders of this company. |
| 8. | ULTIMATE CONTROLLING PARTY |
| The Ultimate Controlling Party is Mrs S. Hill and Mr P. Hill by virtue of their shareholdings in Boraston Holdings Limited; the Parent Company. |