B.H.C.P. LIMITED - Period Ending 2016-04-07

Registration number: 01405204

B.H.C.P. LIMITED Unaudited Abbreviated Accounts for the Period from 1 November 2014 to 7 April 2016

A Wood and Co LLP
Chartered Accountants
18-20 Moorland Road
Burslem
Stoke-On-Trent
Staffordshire
ST6 1DW

B.H.C.P. LIMITED
Contents

Abbreviated Balance Sheet 1

Notes to the Abbreviated Accounts 2 to 4

B.H.C.P. LIMITED
(Registration number: 01405204)
Abbreviated Balance Sheet at 7 April 2016

		Note			7 April 2016 £			31 October 2014 £
Fixed assets
Tangible fixed assets					4,944			9,454
Current assets
Stocks					73,950			81,847
Debtors					68,104			73,111
Cash at bank and in hand					99,030			28,835
					241,084			183,793
Creditors: Amounts falling due within one year					(111,021)			(82,603)
Net current assets					130,063			101,190
Net assets					135,007			110,644
Capital and reserves
Called up share capital		3			100			100
Profit and loss account					134,907			110,544
Shareholders' funds					135,007			110,644

For the year ending 7 April 2016 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.

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

Approved by the Board on 3 October 2016 and signed on its behalf by:

.........................................
Mr Onkar Singh
Director

The notes on pages 2 to 4 form an integral part of these financial statements.
Page 1

B.H.C.P. LIMITED
Notes to the Abbreviated Accounts for the Period from 1 November 2014 to 7 April 2016
......... continued

1	Accounting policies

Basis of preparation

The full financial statements, from which these abbreviated accounts have been extracted, have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (Effective April 2008).

Going concern

The financial statements have been prepared on a going concern basis.

Turnover

Turnover represents amounts chargeable in respect of the sale of goods and services to customers.

Depreciation

Depreciation is provided on tangible fixed assets so as to write off the cost or valuation, less any estimated residual value, over their expected useful economic life as follows:

Asset class	Depreciation method and rate
Fixtures and fittings	15% on reducing balance and 10% on cost
Motor vehicles	25% on reducing balance

Stock

Stock is valued at the lower of cost and net realisable value, after regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

Deferred tax

Deferred tax is recognised, without discounting, in respect of all timing differences between the treatment of certain items for taxation and accounting purposes, which have arisen but not reversed by the balance sheet date, except as required by the FRSSE. Deferred tax is measured at the rates that are expected to apply in the periods when the timing differences are expected to reverse, based on the tax rates and law enacted at the balance sheet date.

Page 2

B.H.C.P. LIMITED
Notes to the Abbreviated Accounts for the Period from 1 November 2014 to 7 April 2016
......... continued

Hire purchase and leasing

Assets held under finance leases, which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, are capitalised in the balance sheet as tangible fixed assets and are depreciated over the shorter of the lease term and their useful lives. The capital elements of future obligations under the leases are included as liabilities in the balance sheet. The interest element of the rental obligation is charged to the profit and loss account over the period of the lease and represents a constant proportion of the balance of capital repayments outstanding. Assets held under hire purchase agreements are capitalised as tangible fixed assets and are depreciated over the shorter of the lease term and their useful lives. The capital element of future finance payments is included within creditors. Finance charges are allocated to accounting periods over the length of the contract and represent a constant proportion of the balance of capital repayments outstanding.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Where shares are issued, any component that creates a financial liability of the company is presented as a liability in the balance sheet. The corresponding dividends relating to the liability component are charged as interest expense in the profit and loss account.

2	Fixed assets

		Tangible assets £			Total £
Cost
At 1 November 2014		72,150			72,150
Disposals		(13,390)			(13,390)
At 7 April 2016		58,760			58,760
Depreciation
At 1 November 2014		62,696			62,696
Charge for the period		2,458			2,458
Eliminated on disposals		(11,338)			(11,338)
At 7 April 2016		53,816			53,816
Net book value
At 7 April 2016		4,944			4,944
At 31 October 2014		9,454			9,454

Page 3

B.H.C.P. LIMITED
Notes to the Abbreviated Accounts for the Period from 1 November 2014 to 7 April 2016
......... continued

3	Share capital

Allotted, called up and fully paid shares

	7 April 2016						31 October 2014
		No.			£			No.			£
Ordinary shares of £1 each		100			100			100			100

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