BRAND CREATIONS GROUP LIMITED

Company Registration Number:
13080866 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2021

Period of accounts

Start date: 14 December 2020

End date: 31 December 2021

BRAND CREATIONS GROUP LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2021

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 11

BRAND CREATIONS GROUP LIMITED

Company Information

for the Period Ended 31 December 2021




Director: Kay Malcher
Andrew Malcher
Neil Gilchrist
Registered office: Summerbeck House
Whinney Lane
Lund House Green
Harrogate
England
HG3 1QF
Company Registration Number: 13080866 (England and Wales)

BRAND CREATIONS GROUP LIMITED

Directors' Report Period Ended 31 December 2021

The directors present their report with the financial statements of the company for the period ended 31 December 2021

Principal Activities

The principal activity of the Company in the period under review was retail sale through direct-to-retail TV and via the internet, and as a non-specialised wholesale trade.

Political and charitable donations

During the period the Company made charitable donations of £300 and £nil political donations.

Company policy on the employment of disabled persons

The Company maintains close consultation with its employees regarding matters likely to affect their interests and is committed to involving them in the performance and development of the Company. It is the policy of the Company to support the employment of disabled persons where possible, both in recruitment and by retention of employees who become disabled whilst in the employment of the Company, as well as generally through training and career development.

Additional information

The results for the period and financial position of the Company are as shown in the annexed financial statements. The directors consider that the level of business and the financial position at the year-end are satisfactory and that the future prospects of the Company are satisfactory.

Directors

The director(s) shown below were appointed to the company during the period
Kay Malcher
14 December 2020
Andrew Malcher
01 July 2021
Neil Gilchrist
01 July 2021

This report was approved by the board of directors on 13 September 2022
And Signed On Behalf Of The Board By:

Name: Neil Gilchrist
Status: Director

BRAND CREATIONS GROUP LIMITED

Balance sheet

As at 31 December 2021


Notes
13 months to
31 Dec 2021
£
Fixed assets
Intangible assets: 5 1
Tangible assets: 6 3,606
Total fixed assets: 3,607
Current assets
Stocks: 0
Debtors: 7 101,912
Cash at bank and in hand: 849,963
Total current assets: 951,875
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: 8 ( 20,297 )
Net current assets (liabilities): 931,578
Total assets less current liabilities: 935,185
Creditors: amounts falling due after more than one year: ( 0 )
Provision for liabilities: ( 0 )
Accruals and deferred income: ( 0 )
Total net assets (liabilities): 935,185

The notes form part of these financial statements

BRAND CREATIONS GROUP LIMITED

Balance sheet continued

As at 31 December 2021


Notes
13 months to
31 Dec 2021
£
Capital and reserves
Called up share capital: 1,075,785
Profit and loss account: ( 140,600 )
Shareholders funds: 935,185

For the year ending 31 December 2021 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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

This report was approved by the board of directors on 13 September 2022
And Signed On Behalf Of The Board By:

Name: Neil Gilchrist
Status: Director

The notes form part of these financial statements

BRAND CREATIONS GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover represents the value of sales net of value added tax and discounts of goods provided to customers, and of work carried out in respect of services provided to customers.

    Tangible fixed assets depreciation policy

    In the year of acquisition or disposal of any tangible fixed asset, depreciation is charged pro-rata on a monthly basis.

    Depreciation has been provided at the following rates in order to write off assets over their estimated useful lives:
    office and computer equipment assets are depreciated over three years.

    Other accounting policies

    The accounts have been prepared on the going concern basis which anticipates that shareholders will continue to finance the company.

BRAND CREATIONS GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 2. Employees

    13 months to
    31 Dec 2021
    Average number of employees during the period 1

BRAND CREATIONS GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 3. Off balance sheet disclosure

    No

BRAND CREATIONS GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

4. Dividends

13 months to
31 Dec 2021
£
Dividends paid 0

BRAND CREATIONS GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 5. Intangible assets

    Total
    Cost £
    Additions 1
    Disposals (0)
    Revaluations 0
    Transfers 0
    At 31 December 2021 1
    Amortisation
    Charge for year 0
    On disposals (0)
    Other adjustments 0
    Amortisation at 31 December 2021 0
    Net book value
    Net book value at 31 December 2021 1

BRAND CREATIONS GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

6. Tangible Assets

Total
Cost £
Additions 4,471
Disposals (0)
Revaluations 0
Transfers 0
At 31 December 2021 4,471
Depreciation
Charge for year 865
On disposals (0)
Other adjustments 0
At 31 December 2021 865
Net book value
At 31 December 2021 3,606

Tangible fixed assets represent both computer and office equipment purchased by the Company in the period.

BRAND CREATIONS GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

  • 7. Debtors

    13 months to
    31 Dec 2021
    £
    Debtors due after more than one year: 0

BRAND CREATIONS GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

8. Creditors: amounts falling due within one year note

Creditors amounts falling due within one year of £20,297 include accounts payable of £17,488 and also, PAYE and NIC payable of £2,808.

BRAND CREATIONS GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2021

9.1.Related party disclosures

Name of related party: Mr Andrew Malcher
Description of relationship:
Director
Description of the transaction:
Property rents of £1,800 in the period were paid to Mr Andrew Malcher.

Name of related party: Mr Neil Gilchrist
Description of relationship:
Director
Description of the transaction:
During the period, the Company retained the consulting services of Mr Neil Gilchrist, prior to his employment, at a total cost of £8,000.