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REGISTERED NUMBER: 05668581 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2022

for

BTR DIRECT LTD

BTR DIRECT LTD (REGISTERED NUMBER: 05668581)






Contents of the Financial Statements
for the Year Ended 31 January 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BTR DIRECT LTD

Company Information
for the Year Ended 31 January 2022







DIRECTORS: P B Morgan
J Grievson





REGISTERED OFFICE: 3 Wayside Road
Angmering
Littlehampton
West Sussex
BN16 4DF





REGISTERED NUMBER: 05668581 (England and Wales)





ACCOUNTANT: Avask Accounting & Business Consultants Ltd
Oceana House
First Floor
39-49 Commercial Road
Southampton
Hampshire
SO15 1GA

BTR DIRECT LTD (REGISTERED NUMBER: 05668581)

Balance Sheet
31 January 2022

31.1.22 31.1.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 327 -

CURRENT ASSETS
Stocks 5 836,060 803,737
Debtors 6 42,870 31,874
Cash at bank 244,786 464,624
1,123,716 1,300,235
CREDITORS
Amounts falling due within one
year

7

426,612

709,252
NET CURRENT ASSETS 697,104 590,983
TOTAL ASSETS LESS
CURRENT LIABILITIES

697,431

590,983

CREDITORS
Amounts falling due after more
than one year

8

41,868

-
NET ASSETS 655,563 590,983

BTR DIRECT LTD (REGISTERED NUMBER: 05668581)

Balance Sheet - continued
31 January 2022

31.1.22 31.1.21
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 9 655,560 590,980
655,563 590,983

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 July 2022 and were signed on its behalf by:





P B Morgan - Director


BTR DIRECT LTD (REGISTERED NUMBER: 05668581)

Notes to the Financial Statements
for the Year Ended 31 January 2022

1. STATUTORY INFORMATION

Btr Direct 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 - 25% on reducing balance
Computer equipment - 25% on cost

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

Taxation
Taxation for the year comprises current 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 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.

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.

BTR DIRECT LTD (REGISTERED NUMBER: 05668581)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2022

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 February 2021 39,803 2,169 41,972
Additions - 334 334
At 31 January 2022 39,803 2,503 42,306
DEPRECIATION
At 1 February 2021 39,803 2,169 41,972
Charge for year - 7 7
At 31 January 2022 39,803 2,176 41,979
NET BOOK VALUE
At 31 January 2022 - 327 327
At 31 January 2021 - - -

5. STOCKS
31.1.22 31.1.21
£    £   
Stocks 836,060 803,737

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.1.22 31.1.21
£    £   
Trade debtors 42,146 29,139
Other debtors 87 -
Rent deposit - 1,500
Prepayments 637 1,235
42,870 31,874

BTR DIRECT LTD (REGISTERED NUMBER: 05668581)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2022

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.1.22 31.1.21
£    £   
Bank loans and overdrafts 4,747 11,216
Trade creditors 25,643 325,371
Tax 34,470 89,069
Social security and other taxes 250 -
VAT 71,168 97,287
Other loans 290,322 186,206
Directors' loan accounts 12 103
426,612 709,252

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
31.1.22 31.1.21
£    £   
Other loans - 1-2 years 41,868 -

9. RESERVES
Retained
earnings
£   

At 1 February 2021 590,980
Profit for the year 147,380
Dividends (82,800 )
At 31 January 2022 655,560