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REGISTERED NUMBER: 03715245 (England and Wales)


















Brian D Suttie (Chesham) Limited

Unaudited Financial Statements

for the Year Ended 31 March 2023






Brian D Suttie (Chesham) Limited (Registered number: 03715245)

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


Brian D Suttie (Chesham) Limited

Company Information
for the Year Ended 31 March 2023







DIRECTOR: C Gudka





SECRETARY: Ms D Gudka





REGISTERED OFFICE: 44 Broad Street
Chesham
Buckinghamshire
HP5 3DX





REGISTERED NUMBER: 03715245 (England and Wales)





ACCOUNTANTS: DSJ Partners (UK) Limited
2nd Floor
1 Bell Street
London
NW1 5BY

Brian D Suttie (Chesham) Limited (Registered number: 03715245)

Balance Sheet
31 March 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 109,375 41,704

CURRENT ASSETS
Stocks 43,823 40,926
Debtors 5 4,342 33,963
Cash at bank and in hand 47,303 103,402
95,468 178,291
CREDITORS
Amounts falling due within one year 6 (77,974 ) (86,724 )
NET CURRENT ASSETS 17,494 91,567
TOTAL ASSETS LESS CURRENT
LIABILITIES

126,869

133,271

CREDITORS
Amounts falling due after more than one
year

7

(39,171

)

(31,466

)
NET ASSETS 87,698 101,805

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 87,696 101,803
87,698 101,805

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.

Brian D Suttie (Chesham) Limited (Registered number: 03715245)

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 October 2023 and were signed by:





C Gudka - Director


Brian D Suttie (Chesham) Limited (Registered number: 03715245)

Notes to the Financial Statements
for the Year Ended 31 March 2023


1. STATUTORY INFORMATION

Brian D Suttie (Chesham) 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, excluding discounts, rebates, value added tax and other sales taxes.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 10 (2022 - 11 ) .

Brian D Suttie (Chesham) Limited (Registered number: 03715245)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 367,438
Additions 113,631
At 31 March 2023 481,069
DEPRECIATION
At 1 April 2022 325,734
Charge for year 45,960
At 31 March 2023 371,694
NET BOOK VALUE
At 31 March 2023 109,375
At 31 March 2022 41,704

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 560
Other debtors 4,342 33,403
4,342 33,963

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 44,346 40,554
Social security and other taxes 7,201 26,424
Other creditors 13,312 7,362
Bank loan 10,648 10,628
Directors' loan accounts 2,467 1,756
77,974 86,724

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Secured loan 17,430 -
Bank loan 21,741 31,466
39,171 31,466

The loan is secured against the assets held by the company.

Brian D Suttie (Chesham) Limited (Registered number: 03715245)

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 21,500 21,000
Between one and five years 22,000 43,500
43,500 64,500

9. RELATED PARTY DISCLOSURES

During the year, the director C Gudka has provided working capital to the company. At the year end amount payable to the director was £2,467 (2022:£1,752).

10. ULTIMATE CONTROLLING PARTY

The controlling party is Shiona Limited, a company incorporated in England..