Brookhouse Gas Service Care Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07524761 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2021

FOR

BROOKHOUSE GAS SERVICE CARE LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

N Woodward

Mrs D M Woodward

SECRETARY:

Mrs D M Woodward

REGISTERED OFFICE:

44a Union Street

Harthill

Sheffield

South Yorkshire

S26 7YH

REGISTERED NUMBER:

07524761 (England and Wales)

ACCOUNTANTS:

Michael A Jarvis & Co Ltd

Edenthorpe

Grove Road

Rotherham

South Yorkshire

S60 2ER

FIXED ASSETS

Tangible assets

4

16,335

20,080

CURRENT ASSETS

Debtors

5

17,500

17,500

Cash at bank and in hand

69,004

7,102

86,504

24,602

CREDITORS

Amounts falling due within one year

6

40,462

33,596

NET CURRENT ASSETS/(LIABILITIES)

46,042

(8,994

)

TOTAL ASSETS LESS CURRENT LIABILITIES

62,377

11,086

CREDITORS

Amounts falling due after more than one year

7

(49,906

)

(12,367

)

PROVISIONS FOR LIABILITIES

(3,104

)

(3,815

)

NET ASSETS/(LIABILITIES)

9,367

(5,096

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

9,267

(5,196

)

9,367

(5,096

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 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 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 5 August 2021 and were signed on its behalf by:

N Woodward - Director

1.	STATUTORY INFORMATION

Brookhouse Gas Service Care Ltd 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

-

25% on reducing balance

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2020 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2020

45,252

Additions

1,698

At 31 March 2021

46,950

DEPRECIATION

At 1 April 2020

25,172

Charge for year

5,443

At 31 March 2021

30,615

NET BOOK VALUE

At 31 March 2021

16,335

At 31 March 2020

20,080

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Other debtors

17,500

17,500

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Bank loans and overdrafts (see note 8)

8,713

5,772

Hire purchase contracts

3,748

5,162

Trade creditors

7,050

5,633

Taxation and social security

17,858

8,869

Other creditors

3,093

8,160

40,462

33,596

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2021

2020

£

£

Bank loans (see note 8)

41,287

-

Hire purchase contracts

8,619

12,367

49,906

12,367

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

11,338

-

8.

LOANS

The company drew down funds under the bounce back loan scheme subject to the standard terms and conditions set out by HM Treasury.

9.	SECURED DEBTS

The following secured debts are included within creditors:

2021

2020

£

£

Hire purchase contracts

12,367

17,529

Obligations under finance leases and hire purchase contracts are secured upon the assets to which they relate.

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £7,000 (2020 - £13,000) were paid to the directors .

The company considers that Brookhouse Gas Services Limited and Bentons Plumbing Supplies Limited are related party's because they are controlled by Mr N and Mrs D Woodward. The company owes £783 and is owed £17,500 which is repayable on demand. At 31 March 2021 the company also owed £5,661 to Bentons Plumbing Supplies Limited which is included in trade creditors.

11.	ULTIMATE CONTROLLING PARTY

The company is controlled by Mr N and Mrs D Woodward.