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REGISTERED NUMBER: 06700153 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2017

for

B&H Clearance Limited

B&H Clearance Limited (Registered number: 06700153)






Contents of the Financial Statements
for the Year Ended 31 March 2017




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


B&H Clearance Limited

Company Information
for the Year Ended 31 March 2017







DIRECTOR: Ms C J Webb Murphy





SECRETARY: Ms J Webb





REGISTERED OFFICE: Magdella House
Broad Street Common
Nash
Newport
Newport
NP18 2BE





REGISTERED NUMBER: 06700153 (England and Wales)





ACCOUNTANTS: Eagle Accountancy (UK) Limited
2 Coracle Offices
St Catherine Street
Carmarthen
Carmarthenshire
SA31 1RD

B&H Clearance Limited (Registered number: 06700153)

Statement of Financial Position
31 March 2017

31.3.17 31.3.16
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 48,825 49,920

CURRENT ASSETS
Stocks 5 1,628 5,695
Debtors 6 57,000 54,241
Cash at bank and in hand 546,002 602,354
604,630 662,290
CREDITORS
Amounts falling due within one year 7 82,152 207,121
NET CURRENT ASSETS 522,478 455,169
TOTAL ASSETS LESS CURRENT
LIABILITIES

571,303

505,089

PROVISIONS FOR LIABILITIES 9,984 9,984
NET ASSETS 561,319 495,105

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 561,317 495,103
SHAREHOLDERS' FUNDS 561,319 495,105

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2017.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2017 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 27 December 2017 and were signed by:



Ms C J Webb Murphy - Director


B&H Clearance Limited (Registered number: 06700153)

Notes to the Financial Statements
for the Year Ended 31 March 2017

1. STATUTORY INFORMATION

B&H Clearance 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" 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 - 20% on reducing balance
Motor vehicles - 25% on reducing balance

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in
bringing stocks to their present location and condition.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 .

B&H Clearance Limited (Registered number: 06700153)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2017

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 April 2016 45,825 71,072 116,897
Additions 12,250 - 12,250
At 31 March 2017 58,075 71,072 129,147
DEPRECIATION
At 1 April 2016 14,122 52,855 66,977
Charge for year 8,790 4,555 13,345
At 31 March 2017 22,912 57,410 80,322
NET BOOK VALUE
At 31 March 2017 35,163 13,662 48,825
At 31 March 2016 31,703 18,217 49,920

5. STOCKS
31.3.17 31.3.16
£    £   
Stocks 500 500
Work-in-progress 1,128 5,195
1,628 5,695

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.17 31.3.16
£    £   
Trade debtors 57,000 54,241

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.17 31.3.16
£    £   
Trade creditors 20,975 12,850
Tax 24,952 57,038
Social security and other taxes 26,125 59,388
Directors' current accounts 7,500 75,000
Accruals and deferred income 2,600 2,845
82,152 207,121