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REGISTERED NUMBER: 01418203 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 March 2023

for

M. & A. BROWN (ENGRAVERS) LIMITED

M. & A. BROWN (ENGRAVERS) LIMITED (REGISTERED NUMBER: 01418203)

Contents of the Financial Statements
for the Year Ended 31 March 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


M. & A. BROWN (ENGRAVERS) LIMITED

Company Information
for the Year Ended 31 March 2023







Director: A S Brown





Registered office: Stable Fold
Barton Road
Worsley
Manchester
M28 2PE





Registered number: 01418203 (England and Wales)





Accountants: Haines Watts Manchester Limited
Northern Assurance Buildings
9-21 Princess Street
Manchester
M2 4DN

M. & A. BROWN (ENGRAVERS) LIMITED (REGISTERED NUMBER: 01418203)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
Fixed assets
Tangible assets 5 210,487 224,150

Current assets
Stocks 49,523 30,000
Debtors 6 190,677 192,106
Cash at bank 330,002 299,071
570,202 521,177
Creditors
Amounts falling due within one year 7 191,975 164,869
Net current assets 378,227 356,308
Total assets less current liabilities 588,714 580,458

Provisions for liabilities 28,725 24,235
Net assets 559,989 556,223

Capital and reserves
Called up share capital 8 500 500
Retained earnings 559,489 555,723
Shareholders' funds 559,989 556,223

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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 November 2023 and were signed by:





A S Brown - Director


M. & A. BROWN (ENGRAVERS) LIMITED (REGISTERED NUMBER: 01418203)

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


1. Statutory information

M. & A. Brown (Engravers) 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. Statement of compliance

These financial statements have been prepared in accordance with the provisions of Section 1A ''Small Entities'' of Financial Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006.

3. Accounting policies

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents amounts chargeable, net of value added tax, in respect of sales. Revenue is recognised at the point of delivery to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - no depreciation provided
Office equipment - 25% on reducing balance
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes the original purchase price, costs directly attributable to bringing the asset to its working condition for its intended use, dismantling and restoration costs and borrowing costs capitalised.

The director has determined that the estimated residual value of the buildings is approximately equal to the net book value. Any depreciation in respect of the buildings would be immaterial and consequently no provision is made in the accounts.

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

Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.


M. & A. BROWN (ENGRAVERS) LIMITED (REGISTERED NUMBER: 01418203)

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


3. Accounting policies - continued
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.

Debtors and creditors receivable/payable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the Profit and Loss Account in administrative expenses.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

4. Employees and directors

The average number of employees during the year was 19 (2022 - 20 ) .

5. Tangible fixed assets
Freehold Office Plant and
property equipment machinery
£    £    £   
Cost
At 1 April 2022 79,745 19,030 307,668
Additions - 1,010 2,543
At 31 March 2023 79,745 20,040 310,211
Depreciation
At 1 April 2022 - 15,091 223,510
Charge for year - 1,238 21,675
At 31 March 2023 - 16,329 245,185
Net book value
At 31 March 2023 79,745 3,711 65,026
At 31 March 2022 79,745 3,939 84,158

M. & A. BROWN (ENGRAVERS) LIMITED (REGISTERED NUMBER: 01418203)

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


5. Tangible fixed assets - continued

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
Cost
At 1 April 2022 24,225 123,124 17,655 571,447
Additions - 23,991 2,374 29,918
At 31 March 2023 24,225 147,115 20,029 601,365
Depreciation
At 1 April 2022 13,725 82,808 12,163 347,297
Charge for year 2,625 16,076 1,967 43,581
At 31 March 2023 16,350 98,884 14,130 390,878
Net book value
At 31 March 2023 7,875 48,231 5,899 210,487
At 31 March 2022 10,500 40,316 5,492 224,150

6. Debtors: amounts falling due within one year
2023 2022
£    £   
Trade debtors 179,408 181,759
Other debtors 11,269 10,347
190,677 192,106

7. Creditors: amounts falling due within one year
2023 2022
£    £   
Trade creditors 33,919 32,458
Taxation and social security 149,118 123,300
Other creditors 8,938 9,111
191,975 164,869

8. Called up share capital

Allotted and issued:
Number: Class: Nominal 2023 2022
value: £    £   
500 Ordinary shares £1 500 500