BRAND CREATIONS GROUP LIMITED

Company Registration Number:
13080866 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

BRAND CREATIONS GROUP LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2022

Company Information - 3
Report of the Directors - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

BRAND CREATIONS GROUP LIMITED

Company Information

for the Period Ended 31 December 2022




Director: Neil Gilchrist
Andrew Malcher
Kay Malcher
Neil Munn
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 2022

The directors present their report with the financial statements of the company for the period ended 31 December 2022

Principal Activities

The principal activity of the Company in the period under review was retail sale through direct-to-consumer 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 £2526 (2021: £300) and political donations of £nil (2021: £nil).

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 directors shown below have held office during the whole of the period from 01 January 2022 to 31 December 2022
Neil Gilchrist
Andrew Malcher
Kay Malcher

The director(s) shown below were appointed to the company during the period
Neil Munn
06 June 2022

This report was approved by the board of directors on 29 September 2023
And Signed On Behalf Of The Board By:

Name: Neil Gilchrist
Status: Director

BRAND CREATIONS GROUP LIMITED

Balance sheet

As at 31 December 2022


Notes

2022
£
13 months to
31 Dec 2021
£
Fixed assets
Intangible assets: 4 1 1
Tangible assets: 5 6,362 3,606
Total fixed assets: 6,363 3,607
Current assets
Debtors: 315,453 101,912
Cash at bank and in hand: 326,630 849,963
Total current assets: 642,083 951,875
Prepayments and accrued income: 33,049 0
Creditors: amounts falling due within one year: ( 159,169 ) ( 20,297 )
Net current assets (liabilities): 515,963 931,578
Total assets less current liabilities: 522,326 935,185
Total net assets (liabilities): 522,326 935,185

The notes form part of these financial statements

BRAND CREATIONS GROUP LIMITED

Balance sheet continued

As at 31 December 2022


Notes

2022
£
13 months to
31 Dec 2021
£
Capital and reserves
Called up share capital: 1,075,785 1,075,785
Profit and loss account: ( 553,459 ) ( 140,600 )
Shareholders funds: 522,326 935,185

For the year ending 31 December 2022 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 29 September 2023
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 2022

  • 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 2022

  • 2. Employees


    2022
    13 months to
    31 Dec 2021
    Average number of employees during the period 4 1

    The salary in the period of the highest paid director was £75,000 (2021: £40,833).
    The salary in the period of the chairman was £30,667 (2021: £nil).

BRAND CREATIONS GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 3. Off balance sheet disclosure

    No

BRAND CREATIONS GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

  • 4. Intangible assets

    Total
    Cost £
    At 01 January 2022 1
    Additions 0
    Disposals (0)
    Revaluations 0
    Transfers 0
    At 31 December 2022 1
    Amortisation
    Amortisation at 01 January 2022 0
    Charge for year 0
    On disposals (0)
    Other adjustments 0
    Amortisation at 31 December 2022 0
    Net book value
    Net book value at 31 December 2022 1
    Net book value at 31 December 2021 1

BRAND CREATIONS GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

5. Tangible Assets

Total
Cost £
At 01 January 2022 4,471
Additions 9,424
Disposals (0)
Revaluations 0
Transfers 0
At 31 December 2022 13,895
Depreciation
At 01 January 2022 865
Charge for year 6,668
On disposals (0)
Other adjustments 0
At 31 December 2022 7,533
Net book value
At 31 December 2022 6,362
At 31 December 2021 3,606

BRAND CREATIONS GROUP LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

6.1.Related party disclosures

Name of related party: Andrew Malcher
Description of relationship:
Director
Description of the transaction:
Property rents of £6,000 were paid in the period to Mr Andrew Malcher.
Balance at 01 January 2022 0
Balance at 31 December 2022 0