Birch Land Company Limited - Accounts to registrar (filleted) - small 23.1.5

REGISTERED NUMBER: 00659972 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 19 JULY 2022

FOR

BIRCH LAND COMPANY LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A N Wilkes

Mr M B Wilkes

SECRETARY:

Mr A N Wilkes

REGISTERED OFFICE:

First Floor Austin House

43 Poole Road

Westbourne

Bournemouth

Dorset

BH4 9DN

REGISTERED NUMBER:

00659972 (England and Wales)

ACCOUNTANTS:

Newton Magnus

Chartered Certified Accountants

Arrowsmith Court

Station Approach

Broadstone

Dorset

BH18 8AT

CURRENT ASSETS

Stocks

26,283

24,003

Cash at bank

535

1,179

26,818

25,182

CREDITORS

Amounts falling due within one year

(20,840

)

(19,860

)

NET CURRENT ASSETS

5,978

5,322

TOTAL ASSETS LESS CURRENT LIABILITIES

5,978

5,322

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Retained earnings

(4,022

)

(4,678

)

SHAREHOLDERS' FUNDS

5,978

5,322

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 19 July 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 19 July 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 19 July 2022 in accordance with Section 444(2A) of the Companies Act 2006.

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 17 July 2023 and were signed on its behalf by:

Mr A N Wilkes - Director

1.	STATUTORY INFORMATION

Birch Land Company 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 represents the value of goods and services supplied during the year, excluding value added tax.

Stock of land

This consists of all purchase, development costs and expenditure on land and property held for development, at cost price. Provision has been made for write down to market value where appropriate.

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.

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.

3.	EMPLOYEES AND DIRECTORS

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

4.	COMPANY ASSETS GIVEN AS SECURITY

The Company's bankers hold a memorandum of deposit over the Company's freehold building land.