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REGISTERED NUMBER: 07577069 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

BRUNEL EUROPEAN LIMITED

BRUNEL EUROPEAN LIMITED (REGISTERED NUMBER: 07577069)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BRUNEL EUROPEAN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: R Doubtfire





REGISTERED OFFICE: Basepoint Business Centre
Beaufort Park
Chepstow
Monmouthshire
NP16 5UH





REGISTERED NUMBER: 07577069 (England and Wales)





ACCOUNTANTS: Saxon & Co Accountants Ltd
Kings Chambers
Queens Cross
High Street
Dudley
West Midlands
DY1 1QT

BRUNEL EUROPEAN LIMITED (REGISTERED NUMBER: 07577069)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,530 5,332

CURRENT ASSETS
Debtors 5 1,283,178 1,148,835
Cash at bank and in hand 948,377 653,740
2,231,555 1,802,575
CREDITORS
Amounts falling due within one year 6 1,389,247 1,134,675
NET CURRENT ASSETS 842,308 667,900
TOTAL ASSETS LESS CURRENT
LIABILITIES

847,838

673,232

CREDITORS
Amounts falling due after more than one
year

7

(25,836

)

(35,837

)

PROVISIONS FOR LIABILITIES 9 (1,383 ) (1,013 )
NET ASSETS 820,619 636,382

CAPITAL AND RESERVES
Called up share capital 400 400
Share premium 7,460 7,460
Retained earnings 812,759 628,522
SHAREHOLDERS' FUNDS 820,619 636,382

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

BRUNEL EUROPEAN LIMITED (REGISTERED NUMBER: 07577069)

BALANCE SHEET - continued
31 MARCH 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 October 2023 and were signed by:





R Doubtfire - Director


BRUNEL EUROPEAN LIMITED (REGISTERED NUMBER: 07577069)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Brunel European 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 represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 14 (2022 - 12 ) .

BRUNEL EUROPEAN LIMITED (REGISTERED NUMBER: 07577069)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2022 8,571 1,272 9,843
Additions - 2,305 2,305
At 31 March 2023 8,571 3,577 12,148
DEPRECIATION
At 1 April 2022 3,310 1,201 4,511
Charge for year 1,315 792 2,107
At 31 March 2023 4,625 1,993 6,618
NET BOOK VALUE
At 31 March 2023 3,946 1,584 5,530
At 31 March 2022 5,261 71 5,332

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 918,092 821,007
Amounts owed by related parties 341,024 306,273
Tax - 814
VAT 13,952 14,986
Prepayments 10,110 5,755
1,283,178 1,148,835

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 1,115,683 897,119
Tax 78,821 111,876
Social security and other taxes 29,936 21,673
Other creditors 104,579 64,007
Director's current account 50,228 30,000
1,389,247 1,134,675

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 10,000 10,000
Bank loans - 2-5 years 15,836 25,837
25,836 35,837

BRUNEL EUROPEAN LIMITED (REGISTERED NUMBER: 07577069)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2023 2022
£    £   
Within one year 60,755 58,741
Between one and five years 167,264 164,808
228,019 223,549

9. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 1,383 1,013

Deferred
tax
£   
Balance at 1 April 2022 1,013
Charge to Statement of Income and Retained Earnings during year 370
Balance at 31 March 2023 1,383

10. RELATED PARTY DISCLOSURES

The directors do not consider that the company has entered into any material transactions with related parties, including owners, directors and related entities, that have not been concluded under normal market conditions.