ACCOUNTS - Final Accounts

BERCHWOOD PARTNERS LIMITED - Company Information

Caseware UK (AP4) 2021.0.152 2021.0.152 2021-12-312021-12-31true2The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.22021-01-01falseNo description of principal activitytrue 05663770 2021-01-01 2021-12-31 05663770 2020-01-01 2020-12-31 05663770 2021-12-31 05663770 2020-12-31 05663770 c:Director2 2021-01-01 2021-12-31 05663770 d:CurrentFinancialInstruments 2021-12-31 05663770 d:CurrentFinancialInstruments 2020-12-31 05663770 d:CurrentFinancialInstruments d:WithinOneYear 2021-12-31 05663770 d:CurrentFinancialInstruments d:WithinOneYear 2020-12-31 05663770 d:ShareCapital 2021-12-31 05663770 d:ShareCapital 2020-12-31 05663770 d:RetainedEarningsAccumulatedLosses 2021-12-31 05663770 d:RetainedEarningsAccumulatedLosses 2020-12-31 05663770 c:FRS102 2021-01-01 2021-12-31 05663770 c:AuditExempt-NoAccountantsReport 2021-01-01 2021-12-31 05663770 c:FullAccounts 2021-01-01 2021-12-31 05663770 c:PrivateLimitedCompanyLtd 2021-01-01 2021-12-31 05663770 6 2021-01-01 2021-12-31 iso4217:GBP xbrli:pure

Registered number: 05663770

BERCHWOOD PARTNERS LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 DECEMBER 2021

BERCHWOOD PARTNERS LIMITED

REGISTERED NUMBER: 05663770

BALANCE SHEET

AS AT 31 DECEMBER 2021

		2021		2020
Note		£		£

Fixed assets
Investments	4		48,100		48,100
			48,100		48,100
Current assets
Debtors: amounts falling due within one year	5	62		62
Cash at bank and in hand		278		278
		340		340
Creditors: amounts falling due within one year	6	(68,028)		(67,110)
Net current liabilities			(67,688)		(66,770)
Total assets less current liabilities			(19,588)		(18,670)

Net liabilities			(19,588)		(18,670)

Capital and reserves
Called up share capital	1	1
Profit and loss account	(19,589)	(18,671)
	(19,588)	(18,670)

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 21 September 2022.

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BERCHWOOD PARTNERS LIMITED

REGISTERED NUMBER: 05663770

BALANCE SHEET (CONTINUED)

AS AT 31 DECEMBER 2021

W J Zwart

Director

The notes on pages 3 to 4 form part of these financial statements.

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BERCHWOOD PARTNERS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

1.	General information

Berchwood Partners Limited is a private company limited by shares and is registered in England and Wales. The company registration number is 05663770. The address of the registered office is shown on the company information page.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Going concern

The financial statements are prepared on a going concern basis.
The directors of Berchwood Partners Limited have agreed to supply the necessary finance to ensure that Berchwood Partners Limited can continue to meet its liabilities to third party creditors as they become due for a period of at least 12 months from the date of signing the financial statements. The directors therefore believe that it is appropriate to prepare the accounts on a going concern basis.

2.3

Valuation of investments

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the year was 2 (2020 - 2).

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BERCHWOOD PARTNERS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2021

4.	Fixed asset investments

		Unlisted investments
		£
	Cost or valuation
	At 1 January 2021	48,100
	At 31 December 2021	48,100

Debtors

					2021	2020
					£	£


Other debtors	62	62
	62	62

6.	Creditors: Amounts falling due within one year
		2021	2020
		£	£

Amounts owed to group undertakings	66,608	65,690
Accruals and deferred income	1,420	1,420
	68,028	67,110

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