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REGISTERED NUMBER: 08436425 (England and Wales)
























UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2023

FOR

BRANDED TM LIMITED

BRANDED TM LIMITED (REGISTERED NUMBER: 08436425)






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




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


BRANDED TM LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2023







DIRECTOR: Ms C Burchell





REGISTERED OFFICE: 3A Centurion Office Park
Clifton Moor
York
North Yorkshire
YO30 4RY





REGISTERED NUMBER: 08436425 (England and Wales)





ACCOUNTANTS: CGA
Chartered Certified Accountants
3 & 4 Park Court
Riccall Road
Escrick
York
North Yorkshire
YO19 6ED

BRANDED TM LIMITED (REGISTERED NUMBER: 08436425)

STATEMENT OF FINANCIAL POSITION
31ST MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2,700 4,050
Tangible assets 5 818 1,500
3,518 5,550

CURRENT ASSETS
Debtors 6 44,793 66,132
Cash at bank 59,287 45,197
104,080 111,329
CREDITORS
Amounts falling due within one year 7 109,065 115,771
NET CURRENT LIABILITIES (4,985 ) (4,442 )
TOTAL ASSETS LESS CURRENT LIABILITIES (1,467 ) 1,108

PROVISIONS FOR LIABILITIES 30 285
NET (LIABILITIES)/ASSETS (1,497 ) 823

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (1,597 ) 723
SHAREHOLDERS' FUNDS (1,497 ) 823

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

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

The director acknowledges her 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.

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 8th November 2023 and were signed by:





Ms C Burchell - Director


BRANDED TM LIMITED (REGISTERED NUMBER: 08436425)

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

1. STATUTORY INFORMATION

Branded TM 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 and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Revenue is recognised once the service has been completed and where it is virtually certain that payment will be received.

Goodwill
Goodwill, being the carrying value at the date of transition to FRS 102 s.1a, is being amortised evenly over its estimated remaining 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.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Going concern
Despite the company showing net liabilities, the financial statements have been prepared on a going concern basis. The director will continue to support the company for a period in excess of twelve months from the date of approval of these financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

BRANDED TM LIMITED (REGISTERED NUMBER: 08436425)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st April 2022
and 31st March 2023 15,000
AMORTISATION
At 1st April 2022 10,950
Charge for year 1,350
At 31st March 2023 12,300
NET BOOK VALUE
At 31st March 2023 2,700
At 31st March 2022 4,050

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st April 2022 1,224 9,252 10,476
Additions - 394 394
At 31st March 2023 1,224 9,646 10,870
DEPRECIATION
At 1st April 2022 670 8,306 8,976
Charge for year 83 993 1,076
At 31st March 2023 753 9,299 10,052
NET BOOK VALUE
At 31st March 2023 471 347 818
At 31st March 2022 554 946 1,500

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 28,432 52,449
Other debtors 16,361 13,683
44,793 66,132

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 10,873 9,870
Taxation and social security 9,192 7,446
Other creditors 89,000 98,455
109,065 115,771

BRANDED TM LIMITED (REGISTERED NUMBER: 08436425)

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

8. RELATED PARTY DISCLOSURES

At the balance sheet date, the company owed £82,484 (2022 - £82,075) to members of key management personnel. No interest has been charged to the company in respect of this loan which is repayable on demand and is presented within creditors due within one year.