Bird in Hand Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04472993 (England and Wales)

Financial Statements

for the Year Ended 31 March 2022

for

Bird in Hand Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

D G Steward

Mrs C B Steward

SECRETARY:

Mrs C B Steward

REGISTERED OFFICE:

Boston House

Henley-on-Thames

RG9 1DY

REGISTERED NUMBER:

04472993 (England and Wales)

ACCOUNTANTS:

Villars Hayward LLP

Chartered Accountants

Chartered Tax Advisers and Registered Auditors

Boston House

Henley-On-Thames

RG9 1DY

BANKERS:

National Westminster Bank Plc

18 Market Place

Henley-on-Thames

Oxfordshire

RG9 2AP

FIXED ASSETS

Intangible assets

4

1,540

4,620

Tangible assets

5

-

-

1,540

4,620

CURRENT ASSETS

Stocks

5,000

2,000

Debtors

6

588

-

Cash at bank and in hand

90,586

62,857

96,174

64,857

CREDITORS

Amounts falling due within one year

7

69,381

43,198

NET CURRENT ASSETS

26,793

21,659

TOTAL ASSETS LESS CURRENT LIABILITIES

28,333

26,279

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

28,331

26,277

SHAREHOLDERS' FUNDS

28,333

26,279

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 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 May 2022 and were signed on its behalf by:

D G Steward - Director

Mrs C B Steward - Director

1.	STATUTORY INFORMATION

Bird in Hand 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.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2002, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 7 (2021 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2021

and 31 March 2022

61,600

AMORTISATION

At 1 April 2021

56,980

Charge for year

3,080

At 31 March 2022

60,060

NET BOOK VALUE

At 31 March 2022

1,540

At 31 March 2021

4,620

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

machinery

fittings

Totals

£

£

£

COST

At 1 April 2021

and 31 March 2022

6,206

2,147

8,353

DEPRECIATION

At 1 April 2021

and 31 March 2022

6,206

2,147

8,353

NET BOOK VALUE

At 31 March 2022

-

-

-

At 31 March 2021

-

-

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

£

Other debtors

588

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22

31.3.21

£

£

Trade creditors

4,884

-

Credit card

2,627

618

Corporation tax

15,982

7,616

Social security and other taxes

7,413

(1,221

)

Directors' current accounts

35,250

33,860

Accrued expenses

3,225

2,325

69,381

43,198

8.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr and Mrs D G Steward.