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REGISTERED NUMBER: 05030415 (England and Wales)











Unaudited Financial Statements

for the Year Ended 31st January 2023

for

Bretherton Coachworks Limited

Bretherton Coachworks Limited (Registered number: 05030415)






Contents of the Financial Statements
for the Year Ended 31st January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bretherton Coachworks Limited

Company Information
for the Year Ended 31st January 2023







DIRECTOR: Mr A J Walton





SECRETARY:





REGISTERED OFFICE: Unit 8
Cowling Business Park
Canalside
Chorley
Lancashire
PR6 0QL





REGISTERED NUMBER: 05030415 (England and Wales)





ACCOUNTANTS: Stephen Andrews & Co Limited
186 Eaves Lane
Chorley
Lancashire
PR6 0AU

Bretherton Coachworks Limited (Registered number: 05030415)

Balance Sheet
31st January 2023

31.1.23 31.1.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1 1
Tangible assets 5 2,402 3,477
2,403 3,478

CURRENT ASSETS
Stocks 154,166 3,017
Debtors 6 39,701 68,356
Cash at bank 17,091 91,749
210,958 163,122
CREDITORS
Amounts falling due within one year 7 120,674 129,919
NET CURRENT ASSETS 90,284 33,203
TOTAL ASSETS LESS CURRENT
LIABILITIES

92,687

36,681

CREDITORS
Amounts falling due after more than one
year

8

23,570

33,343
NET ASSETS 69,117 3,338

CAPITAL AND RESERVES
Called up share capital 9 1 2
Share premium (44,998 ) (29,999 )
Retained earnings 114,114 33,335
SHAREHOLDERS' FUNDS 69,117 3,338

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Bretherton Coachworks Limited (Registered number: 05030415)

Balance Sheet - continued
31st January 2023


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 director and authorised for issue on 10th October 2023 and were signed by:





Mr A J Walton - Director


Bretherton Coachworks Limited (Registered number: 05030415)

Notes to the Financial Statements
for the Year Ended 31st January 2023

1. STATUTORY INFORMATION

Bretherton Coachworks 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 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 etc - 33% on cost, 25% on cost and 20% on cost

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Bretherton Coachworks Limited (Registered number: 05030415)

Notes to the Financial Statements - continued
for the Year Ended 31st January 2023

2. ACCOUNTING POLICIES - continued

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st February 2022
and 31st January 2023 10,000
AMORTISATION
At 1st February 2022
and 31st January 2023 9,999
NET BOOK VALUE
At 31st January 2023 1
At 31st January 2022 1

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st February 2022 118,999
Additions 1,000
At 31st January 2023 119,999
DEPRECIATION
At 1st February 2022 115,522
Charge for year 2,075
At 31st January 2023 117,597
NET BOOK VALUE
At 31st January 2023 2,402
At 31st January 2022 3,477

Bretherton Coachworks Limited (Registered number: 05030415)

Notes to the Financial Statements - continued
for the Year Ended 31st January 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Trade debtors 19,701 59,296
Other debtors 20,000 9,060
39,701 68,356

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.23 31.1.22
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 13,671 19,780
Taxation and social security 72,394 94,854
Other creditors 24,609 5,285
120,674 129,919

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.23 31.1.22
£    £   
Bank loans 23,570 33,343

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.1.23 31.1.22
value: £    £   
1 Ordinary £1 1 2
(31.1.22 - 2 )