Caseware UK (AP4) 2022.0.179 2022.0.179 2023-07-312023-07-3102022-08-01false0truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09488019 2022-08-01 2023-07-31 09488019 2021-08-01 2022-07-31 09488019 2023-07-31 09488019 2022-07-31 09488019 c:Director1 2022-08-01 2023-07-31 09488019 d:OfficeEquipment 2022-08-01 2023-07-31 09488019 d:OfficeEquipment 2023-07-31 09488019 d:OfficeEquipment 2022-07-31 09488019 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 09488019 d:ComputerEquipment 2022-08-01 2023-07-31 09488019 d:ComputerEquipment 2023-07-31 09488019 d:ComputerEquipment 2022-07-31 09488019 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 09488019 d:OwnedOrFreeholdAssets 2022-08-01 2023-07-31 09488019 d:CurrentFinancialInstruments 2023-07-31 09488019 d:CurrentFinancialInstruments 2022-07-31 09488019 d:CurrentFinancialInstruments d:WithinOneYear 2023-07-31 09488019 d:CurrentFinancialInstruments d:WithinOneYear 2022-07-31 09488019 d:ShareCapital 2023-07-31 09488019 d:ShareCapital 2022-07-31 09488019 d:RetainedEarningsAccumulatedLosses 2023-07-31 09488019 d:RetainedEarningsAccumulatedLosses 2022-07-31 09488019 c:OrdinaryShareClass1 2022-08-01 2023-07-31 09488019 c:OrdinaryShareClass1 2023-07-31 09488019 c:OrdinaryShareClass1 2022-07-31 09488019 c:FRS102 2022-08-01 2023-07-31 09488019 c:AuditExempt-NoAccountantsReport 2022-08-01 2023-07-31 09488019 c:FullAccounts 2022-08-01 2023-07-31 09488019 c:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31 09488019 2 2022-08-01 2023-07-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 09488019









BRANGAENE LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 JULY 2023

 
BRANGAENE LIMITED
REGISTERED NUMBER: 09488019

BALANCE SHEET
AS AT 31 JULY 2023

2023
2022
Note
£
£

FIXED ASSETS
  

Tangible assets
 4 
3,104
-

  
3,104
-

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 5 
91,742
97,619

Cash at bank and in hand
  
134,678
148,081

  
226,420
245,700

Creditors: amounts falling due within one year
 6 
(9,183)
(8,940)

NET CURRENT ASSETS
  
 
 
217,237
 
 
236,760

NET ASSETS
  
220,341
236,760


CAPITAL AND RESERVES
  

Called up share capital 
 7 
1
1

Profit and loss account
  
220,340
236,759

  
220,341
236,760


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

Page 1

 
BRANGAENE LIMITED
REGISTERED NUMBER: 09488019
    
BALANCE SHEET (CONTINUED)
AS AT 31 JULY 2023

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Sylvain Van De Weyer
Director

Date: 17 October 2023

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
BRANGAENE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

1.


GENERAL INFORMATION

Brangaene Limited is a private company limited by shares and incorporated in England and Wales. Its registered office is Salisbury House, Station Road, Cambridge, CB1 2LA.
The Company's functional and presentational currency is GBP.

2.ACCOUNTING POLICIES

 
2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

TURNOVER

Turnover comprises revenue recognised by the Company in respect of management and administration services provided during the year, exclusive of Value Added Tax and trade discounts. Revenue is recognised as the services are provided.

 
2.3

INTEREST INCOME

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

FINANCE COSTS

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

TAXATION

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

 
2.6

TANGIBLE FIXED ASSETS

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
BRANGAENE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

2.ACCOUNTING POLICIES (CONTINUED)


2.6
TANGIBLE FIXED ASSETS (CONTINUED)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment
-
25%
Computer equipment
-
25%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

DEBTORS

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

CREDITORS

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


EMPLOYEES

The Company has no employees other than the directors, who did not receive any remuneration (2022 - £NIL).

Page 4

 
BRANGAENE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

4.


TANGIBLE FIXED ASSETS





Office equipment
Computer equipment
Total

£
£
£



COST


At 1 August 2022
8,402
7,736
16,138


Additions
-
4,138
4,138



At 31 July 2023

8,402
11,874
20,276



DEPRECIATION


At 1 August 2022
8,402
7,736
16,138


Charge for the year on owned assets
-
1,034
1,034



At 31 July 2023

8,402
8,770
17,172



NET BOOK VALUE



At 31 July 2023
-
3,104
3,104



At 31 July 2022
-
-
-


5.


DEBTORS

2023
2022
£
£

Amounts owed by group undertakings
12,000
-

Other debtors
65,000
68,591

Prepayments and accrued income
14,742
29,028

91,742
97,619


Page 5

 
BRANGAENE LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2023

6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023
2022
£
£

Trade creditors
3,600
3,894

Amounts owed to group undertakings
-
1,396

Other taxation and social security
2,383
-

Accruals and deferred income
3,200
3,650

9,183
8,940


Other creditors include contributions of £NIL (2022 - £NIL) payable to the Company's defined contribution pension scheme at the balance sheet date.


7.


SHARE CAPITAL

2023
2022
£
£
ALLOTTED, CALLED UP AND FULLY PAID



1 (2022 - 1) Ordinary share of £1.00
1
1


 
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