BRISTOL LIVING LIMITED

Company Registration Number:
06258558 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2023

Period of accounts

Start date: 1 April 2022

End date: 31 March 2023

BRISTOL LIVING LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

BRISTOL LIVING LIMITED

Directors' report period ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Principal activities of the company

Bristol Living Limited (‘the company’) was established to carry out the letting and management of residential properties. It had not traded since 2008 until, in March 2012, it began trading again to carry out the installation of photo-voltaic (PV) panels on the roofs of properties owned by its parent undertaking, Brighter Places (BP).



Directors

The directors shown below have held office during the whole of the period from
1 April 2022 to 31 March 2023

Anna Klimczak
Matt Rogers
Michael Halloran


Secretary Grant Giles

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
20 July 2023

And signed on behalf of the board by:
Name: Anna Klimczak
Status: Director

BRISTOL LIVING LIMITED

Profit And Loss Account

for the Period Ended 31 March 2023

2023 2022


£

£
Turnover: 197,000 145,000
Cost of sales: ( 39,000 ) ( 37,000 )
Gross profit(or loss): 158,000 108,000
Distribution costs: 0 0
Administrative expenses: ( 160,000 ) ( 108,000 )
Other operating income: 0 0
Operating profit(or loss): (2,000) 0
Interest receivable and similar income: 2,000 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 0 0
Tax: 0 0
Profit(or loss) for the financial year: 0 0

BRISTOL LIVING LIMITED

Balance sheet

As at 31 March 2023

Notes 2023 2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 516,000 555,000
Investments:   0 0
Total fixed assets: 516,000 555,000
Current assets
Stocks:   0 0
Debtors: 4 24,000 145,000
Cash at bank and in hand: 574,000 370,000
Investments:   0 0
Total current assets: 598,000 515,000
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 114,000 ) ( 70,000 )
Net current assets (liabilities): 484,000 445,000
Total assets less current liabilities: 1,000,000 1,000,000
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): 1,000,000 1,000,000
Capital and reserves
Called up share capital: 1,000,000 1,000,000
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: 0 0
Total Shareholders' funds: 1,000,000 1,000,000

The notes form part of these financial statements

BRISTOL LIVING LIMITED

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 20 July 2023
and signed on behalf of the board by:

Name: Anna Klimczak
Status: Director

The notes form part of these financial statements

BRISTOL LIVING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover is comprised of Feed in Tariff and Export Tariffs generated from the operation of the company’s PV panels. The Feed in Tariff is a fixed fee paid by the government for each unit of electricity produced by the company’s PV panels. Export Tariffs are received from utilities companies when the electricity generated from the company’s PV panels is exported to the National Grid. Both the Feed in Tariff and the Export Tariff are accounted for on a receivable basis and turnover is recognised when the electricity is generated. All turnover arises in the UK.

    Tangible fixed assets depreciation policy

    PPE are stated at historic cost less accumulated depreciation. Cost includes the purchase price of the asset plus any costs required to bring the asset into use. Subsequent expenditure is capitalised only where it enhances the value of the asset or increases its useful life.Depreciation is charged on a straight line basis over the useful economic lives of the assetsPhotovoltaic panels 25 years

    Other accounting policies

    ExpenditureCost of sales represents the depreciation charge on the company’s assets. Administrative expenses include the costs of setting up the company’s trading activities, bank fees, and the staff costs paid to BP under the service level agreement for finance, legal and tax services. All expenditure is accounted for on an accruals basis.Related partiesThe company has taken advantage of the exemption granted from disclosing transactions with other group companies on the grounds that it is a wholly owned subsidiary company and its results are included in the publicly-available consolidated financial statements of its ultimate parent undertaking.Cash and cash equivalents Cash and cash equivalents comprise cash in hand and demand deposits, together with other short term, highly liquid investments that are readily convertible into known amounts of cash and are subject to an insignificant risk of change in value.

BRISTOL LIVING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 0

BRISTOL LIVING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2022 938,000 938,000
Additions
Disposals
Revaluations
Transfers
At 31 March 2023 938,000 938,000
Depreciation
At 1 April 2022 383,000 383,000
Charge for year 39,000 39,000
On disposals
Other adjustments
At 31 March 2023 422,000 422,000
Net book value
At 31 March 2023 516,000 516,000
At 31 March 2022 555,000 555,000

BRISTOL LIVING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Debtors

2023 2022
£ £
Other debtors 24,000 145,000
Total 24,000 145,000
Debtors due after more than one year: 0 0

BRISTOL LIVING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Accruals and deferred income 3,000 0
Other creditors 111,000 70,000
Total 114,000 70,000