BEVAN HARRIS LIMITED

BEVAN HARRIS LIMITED

BEVAN HARRIS LIMITED - Company Information

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BEVAN HARRIS LIMITED

Company Registration Number:
00552481 (England and Wales)

Unaudited abridged accounts for the year ended 02 September 2023

Period of accounts

Start date: 03 September 2022

End date: 02 September 2023

BEVAN HARRIS LIMITED

Contents of the Financial Statements

for the Period Ended 02 September 2023

Balance sheet
Notes

BEVAN HARRIS LIMITED

Balance sheet

As at 02 September 2023


Notes
2023
2022


£
£
Fixed assets
Tangible assets: 3 778,293 500,815
Investments: 4 4,969 4,969
Total fixed assets: 783,262 505,784
Current assets
Stocks: 581,998 514,189
Debtors: 5 556,730 470,740
Cash at bank and in hand: 485,665 454,853
Total current assets: 1,624,393 1,439,782
Creditors: amounts falling due within one year: 6 (479,098) (221,478)
Net current assets (liabilities): 1,145,295 1,218,304
Total assets less current liabilities: 1,928,557 1,724,088
Creditors: amounts falling due after more than one year: 7 (138,577)
Total net assets (liabilities): 1,789,980 1,724,088
Capital and reserves
Called up share capital: 40,000 40,000
Profit and loss account: 1,749,980 1,684,088
Shareholders funds: 1,789,980 1,724,088

The notes form part of these financial statements

BEVAN HARRIS LIMITED

Balance sheet statements

For the year ending 2 September 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 May 2024
and signed on behalf of the board by:

Name: Richard Harris
Status: Director

The notes form part of these financial statements

BEVAN HARRIS LIMITED

Notes to the Financial Statements

for the Period Ended 02 September 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents amounts receivable for goods and services net of VAT and trade discounts. It is accounted for when the right to consideration arises.

Tangible fixed assets and depreciation policy

Tangible fixed assets other than freehold land are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost less estimated residual value of each asset over its expected useful life, as follows:Freehold buildings - straight line over 50 years.Plant and machinery - 10%-25% per annum as appropriate, straight line.Fixtures, fittings and equipment - 10-25% per annum as appropriate, straight line.Land is not depreciated.

Valuation and information policy

Stock is valued at the lower of cost and net realisable value.

Other accounting policies

Going concern policy - The financial statements have been prepared by the directors on the basis that the company is a going concern and will continue to trade for the foreseeable future.Leasing policy - Rentals payable under operating leases are charged against income on a straight line basis over the lease term.Investments policy - Fixed asset investments are stated at cost less provision for diminution in value.Pensions policy - The pension costs charged in the financial statements represent the contributions payable by the company during the year.Deferred taxation policy - Deferred tax is provided in full in respect of taxation of deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.Foreign Currency translation policy - Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All differences are taken to profit and loss account.Group financial statements policy - The financial statements present information about the company as an individual undertaking and not about its group. The company and its subsidiary undertaking comprise a small-sized group. The company has therefore taken advantage of the exemptions provided by Section 398 of the Companies Act 2006 not to prepare group financial statements.

BEVAN HARRIS LIMITED

Notes to the Financial Statements

for the Period Ended 02 September 2023

2. Employees

2023 2022
Average number of employees during the period 17 17

BEVAN HARRIS LIMITED

Notes to the Financial Statements

for the Period Ended 02 September 2023

3. Tangible Assets

Total
Cost £
At 03 September 2022 1,937,950
Additions 310,351
At 02 September 2023 2,248,301
Depreciation
At 03 September 2022 1,437,135
Charge for year 32,873
At 02 September 2023 1,470,008
Net book value
At 02 September 2023 778,293
At 02 September 2022 500,815

BEVAN HARRIS LIMITED

Notes to the Financial Statements

for the Period Ended 02 September 2023

4. Fixed investments

Investments - £4,968Shares in group undertakings - £1

BEVAN HARRIS LIMITED

Notes to the Financial Statements

for the Period Ended 02 September 2023

5. Debtors

2023 2022
££
Debtors due after more than one year: 116,709 116,709

BEVAN HARRIS LIMITED

Notes to the Financial Statements

for the Period Ended 02 September 2023

6. Creditors: amounts falling due within one year note

Trade creditors - 312,810Taxation and social security - 8,098Other creditors - 148,190Bank loan - 10,000Total - 479,098

BEVAN HARRIS LIMITED

Notes to the Financial Statements

for the Period Ended 02 September 2023

7. Creditors: amounts falling due after more than one year note

Bank loan - 138,577The bank loan is secured over property.

BEVAN HARRIS LIMITED

Notes to the Financial Statements

for the Period Ended 02 September 2023

8. Related party transactions

Name of the related party: RC Brady (UK) Ltd
Relationship:
Subsidiary company
Description of the Transaction: The company sold goods on normal commercial terms, amounting to £170,051 (2022: £124,523)
£
Balance at 03 September 2022 124,523
Balance at 02 September 2023 170,051
Name of the related party: RC Brady (UK) Ltd
Relationship:
Subsidiary company
Description of the Transaction: The company was owed £276,588 (2022: £279,444) by RC Brady (UK) Ltd.
£
Balance at 03 September 2022 279,444
Balance at 02 September 2023 276,558