Company Registration No. 7800473 (England and Wales)
Brainstorm Design Consultants Limited
Unaudited accounts
for the year ended 31 March 2023
Brainstorm Design Consultants Limited
Unaudited accounts
Contents
Brainstorm Design Consultants Limited
Company Information
for the year ended 31 March 2023
Director
Mr David Whitworth
Secretary
Mr David Whitworth
Company Number
7800473 (England and Wales)
Registered Office
12B Festoon Rooms
Sunnybank Mills
Farsley, Leeds
West Yorkshire
LS28 5UJ
United Kingdon
Accountants
Bridgehouse Accountancy Svcs
27 Greenacre Park
Rawdon
Leeds
West Yorkshire
LS19 6AP
Brainstorm Design Consultants Limited
Statement of financial position
as at 31 March 2023
Tangible assets
1,586
2,736
Cash at bank and in hand
14,894
35,569
Creditors: amounts falling due within one year
(25,990)
(25,232)
Net current assets
26,052
37,217
Total assets less current liabilities
27,638
39,953
Creditors: amounts falling due after more than one year
(24,750)
(37,125)
Called up share capital
1,000
1,000
Profit and loss account
1,888
1,828
Shareholders' funds
2,888
2,828
For the year ending 31 March 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 October 2023 and were signed on its behalf by
Mr David Whitworth
Director
Company Registration No. 7800473
Brainstorm Design Consultants Limited
Notes to the Accounts
for the year ended 31 March 2023
Brainstorm Design Consultants Limited is a private company, limited by shares, registered in England and Wales, registration number 7800473. The registered office is 12B Festoon Rooms, Sunnybank Mills, Farsley, Leeds, West Yorkshire, LS28 5UJ, United Kingdon.
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 company has taken advantage of the exemption in Financial Reporting Standard from the requirement to produce a cash flow statement on the grounds that it is a small company.
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
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:
Fixtures & fittings
2 - 10 years
Computer equipment
3 - 4 years
Stock and work in progress
Work in progress is valued at the lower of cost or net realisable value.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Brainstorm Design Consultants Limited
Notes to the Accounts
for the year ended 31 March 2023
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2022
4,124
21,713
25,837
At 31 March 2023
4,124
22,013
26,137
At 1 April 2022
4,124
18,977
23,101
Charge for the year
-
1,450
1,450
At 31 March 2023
4,124
20,427
24,551
At 31 March 2023
-
1,586
1,586
At 31 March 2022
-
2,736
2,736
Amounts falling due within one year
Trade debtors
15,143
14,930
Accrued income and prepayments
781
289
Other debtors
20,224
9,711
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
9,000
5,625
Trade creditors
3,636
3,540
Taxes and social security
12,954
15,667
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).