Company Registration No. NI601879 (Northern Ireland)
Bronze (NI) Limited
Unaudited accounts
for the year ended 31 January 2023
Bronze (NI) Limited
Unaudited accounts
Contents
Bronze (NI) Limited
Company Information
for the year ended 31 January 2023
Directors
George Joseph McGlinchey
Gerry McBride
Company Number
NI601879 (Northern Ireland)
Registered Office
ANNVALE INDUSTRIAL ESTATE
ANNVALE ROAD
KEADY
ARMAGH
BT60 2RP
Accountants
The Small Business Service Limited
444 Ravenhill Road
Belfast
BT6 0BU
Bronze (NI) Limited
Statement of financial position
as at 31 January 2023
Tangible assets
7,521
23,864
Inventories
183,467
184,010
Cash at bank and in hand
50,686
32,588
Creditors: amounts falling due within one year
(148,459)
(170,261)
Net current assets
271,842
207,067
Total assets less current liabilities
279,363
230,931
Creditors: amounts falling due after more than one year
(35,185)
(40,740)
Net assets
244,178
190,191
Called up share capital
6
6
Profit and loss account
244,172
190,185
Shareholders' funds
244,178
190,191
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 directors acknowledge their 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 of Directors and authorised for issue on 26 October 2023 and were signed on its behalf by
Gerry McBride
Director
Company Registration No. NI601879
Bronze (NI) Limited
Notes to the Accounts
for the year ended 31 January 2023
Bronze (NI) Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI601879. The registered office is ANNVALE INDUSTRIAL ESTATE , ANNVALE ROAD, KEADY, ARMAGH, BT60 2RP.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% Straight Line Depreciation
Motor vehicles
25% Reducing Balance Depreciation
Fixtures & fittings
33% Straight Line Depreciation
Computer equipment
33% Straight Line Depreciation
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 February 2022
15,340
11,479
207,491
35,428
269,738
At 31 January 2023
15,340
11,479
207,491
35,428
269,738
At 1 February 2022
15,339
10,447
189,434
30,654
245,874
Charge for the year
-
258
13,166
2,919
16,343
At 31 January 2023
15,339
10,705
202,600
33,573
262,217
At 31 January 2023
1
774
4,891
1,855
7,521
At 31 January 2022
1
1,032
18,057
4,774
23,864
Bronze (NI) Limited
Notes to the Accounts
for the year ended 31 January 2023
Amounts falling due within one year
Trade debtors
166,243
145,721
Accrued income and prepayments
11,112
6,183
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
5,555
5,555
Trade creditors
83,564
78,548
Taxes and social security
33,034
28,554
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
6 Ordinary shares of £1 each
6
6
9
Average number of employees
During the year the average number of employees was 20 (2022: 14).