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Company Registration No. 11766877 (England and Wales)
Allbright Limited Unaudited accounts for the year ended 31 January 2023
Allbright Limited Unaudited accounts Contents
Page
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Allbright Limited Company Information for the year ended 31 January 2023
Director
Josh Clayton
Company Number
11766877 (England and Wales)
Registered Office
20 FELPHAM ROAD BOGNOR REGIS West Sussex PO22 7AZ UNITED KINGDOM
Accountants
TILLEYS ACCOUNTANCY LIMITED Bizspace Unit 31 Courtwick Lane Littlehampton West Sussex BN17 7TL
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Allbright Limited Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
55,228 
29,525 
Current assets
Inventories
147,984 
3,000 
Debtors
26,365 
28,982 
Cash at bank and in hand
151,421 
182,517 
325,770 
214,499 
Creditors: amounts falling due within one year
(141,098)
(89,443)
Net current assets
184,672 
125,056 
Total assets less current liabilities
239,900 
154,581 
Creditors: amounts falling due after more than one year
(26,042)
(38,640)
Net assets
213,858 
115,941 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
213,758 
115,841 
Shareholders' funds
213,858 
115,941 
For the year ending 31 January 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 31 July 2023 and were signed on its behalf by
Josh Clayton Director Company Registration No. 11766877
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Allbright Limited Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
Allbright Limited is a private company, limited by shares, registered in England and Wales, registration number 11766877. The registered office is 20 FELPHAM ROAD, BOGNOR REGIS, West Sussex, PO22 7AZ, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
Depreciation at 20% Reducing Balance
4
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 February 2022
39,777 
Additions
30,476 
At 31 January 2023
70,253 
Depreciation
At 1 February 2022
10,252 
Charge for the year
4,773 
At 31 January 2023
15,025 
Net book value
At 31 January 2023
55,228 
At 31 January 2022
29,525 
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Allbright Limited Notes to the Accounts for the year ended 31 January 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,703 
- 
Other debtors
19,662 
- 
26,365 
- 
Amounts falling due after more than one year
Trade debtors
- 
28,982 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,648 
10,648 
VAT
6,828 
8,968 
Obligations under finance leases and hire purchase contracts
2,950 
2,666 
Trade creditors
36,148 
30,591 
Taxes and social security
36,337 
34,671 
Other creditors
46,987 
159 
Accruals
1,200 
1,740 
141,098 
89,443 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
24,191 
33,839 
Obligations under finance leases and hire purchase contracts
1,851 
4,801 
26,042 
38,640 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Josh Clayton
Directors Loan
- 
19,609 
- 
19,609 
- 
19,609 
- 
19,609 
The Directors Loan is undated, unsecured and interest free Advances
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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