Birkenhead Units Limited - Accounts to registrar (filleted) - small 22.3

Birkenhead Units Limited - Accounts to registrar (filleted) - small 22.3

BIRKENHEAD UNITS LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v22.4.0.132 07205391 Board of Directors 1.4.21 31.3.22 31.3.22 false true false false true false Fair value model iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure072053912021-03-31072053912022-03-31072053912021-04-012022-03-31072053912020-03-31072053912020-04-012021-03-31072053912021-03-3107205391ns16:EnglandWales2021-04-012022-03-3107205391ns15:PoundSterling2021-04-012022-03-3107205391ns11:Director12021-04-012022-03-3107205391ns11:PrivateLimitedCompanyLtd2021-04-012022-03-3107205391ns11:SmallEntities2021-04-012022-03-3107205391ns11:AuditExempt-NoAccountantsReport2021-04-012022-03-3107205391ns11:SmallCompaniesRegimeForDirectorsReport2021-04-012022-03-3107205391ns11:SmallCompaniesRegimeForAccounts2021-04-012022-03-3107205391ns11:FullAccounts2021-04-012022-03-3107205391ns11:Director22021-04-012022-03-3107205391ns11:RegisteredOffice2021-04-012022-03-3107205391ns6:CurrentFinancialInstruments2022-03-3107205391ns6:CurrentFinancialInstruments2021-03-3107205391ns6:Non-currentFinancialInstruments2022-03-3107205391ns6:Non-currentFinancialInstruments2021-03-3107205391ns6:ShareCapital2022-03-3107205391ns6:ShareCapital2021-03-3107205391ns6:RetainedEarningsAccumulatedLosses2022-03-3107205391ns6:RetainedEarningsAccumulatedLosses2021-03-3107205391ns6:PlantMachinery2021-04-012022-03-3107205391ns6:PlantMachinery2021-03-3107205391ns6:PlantMachinery2022-03-3107205391ns6:PlantMachinery2021-03-3107205391ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-3107205391ns6:WithinOneYearns6:CurrentFinancialInstruments2021-03-31
REGISTERED NUMBER: 07205391 (England and Wales)















Financial Statements for the Year Ended 31 March 2022

for

Birkenhead Units Limited
Birkenhead Units Limited (Registered number: 07205391)






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


Birkenhead Units Limited

Company Information
for the Year Ended 31 March 2022







DIRECTORS: J Hennessy
Mrs S G Hennessy





REGISTERED OFFICE: 116 Duke Street
Liverpool
L1 5JW





REGISTERED NUMBER: 07205391 (England and Wales)





ACCOUNTANTS: Cobham Murphy
116 Duke Street
Liverpool
Merseyside
L1 5JW
Page 1
Birkenhead Units Limited (Registered number: 07205391)

Balance Sheet
31 March 2022

31.3.22 31.3.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 527 18,814
Investment property 5 60,000 160,000
60,527 178,814

CURRENT ASSETS
Debtors 6 672,368 636,532
Cash at bank and in hand 7,520 8,603
679,888 645,135
CREDITORS
Amounts falling due within one year 7 683,854 177,238
NET CURRENT (LIABILITIES)/ASSETS (3,966 ) 467,897
TOTAL ASSETS LESS CURRENT
LIABILITIES
56,561
646,711

CREDITORS
Amounts falling due after more than one
year
8
(28,500
)
(37,500
)

PROVISIONS FOR LIABILITIES - (1,709 )
NET ASSETS 28,061 607,502

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 28,059 607,500
SHAREHOLDERS' FUNDS 28,061 607,502

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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 notes form part of these financial statements

Page 2 continued...
Birkenhead Units Limited (Registered number: 07205391)

Balance Sheet - continued
31 March 2022


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 March 2023 and were signed on its behalf by:





J Hennessy - Director


The notes form part of these financial statements

Page 3
Birkenhead Units Limited (Registered number: 07205391)

Notes to the Financial Statements
for the Year Ended 31 March 2022

1. STATUTORY INFORMATION

Birkenhead Units 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 as modified by the revaluation of certain assets.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Significant judgements and estimates
There are no judgements (apart from those involving estimates) that have had a significant effect on amounts recognised in the financial statements.

Turnover
Turnover is measured at the fair value of the rents received or receivable, excluding discounts, rebates, value added tax and other sales taxes.Turnover is recognised when the rent becomes due.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 20% on cost

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.

Financial instruments
Directors loans and intercompany loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of the cash or other consideration expected to be paid or received.

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.


Page 4 continued...
Birkenhead Units Limited (Registered number: 07205391)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2021 75,632
Disposals (69,491 )
At 31 March 2022 6,141
DEPRECIATION
At 1 April 2021 56,818
Charge for year 287
Eliminated on disposal (51,491 )
At 31 March 2022 5,614
NET BOOK VALUE
At 31 March 2022 527
At 31 March 2021 18,814

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 April 2021 160,000
Revaluations (100,000 )
At 31 March 2022 60,000
NET BOOK VALUE
At 31 March 2022 60,000
At 31 March 2021 160,000

Page 5 continued...
Birkenhead Units Limited (Registered number: 07205391)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2022

5. INVESTMENT PROPERTY - continued

The valuations are based on an open market value.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Amounts owed by group undertakings 625,850 634,732
Other debtors 46,518 1,800
672,368 636,532

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Bank loans and overdrafts 9,000 7,500
Trade creditors 6,837 5,827
Amounts owed to group undertakings 662,319 149,659
Taxation and social security 3,449 12,003
Other creditors 2,249 2,249
683,854 177,238

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.22 31.3.21
£    £   
Bank loans 28,500 37,500

Page 6