2022-03-01 08419501 2023-02-28 08419501 2022-03-01 2023-02-28 08419501 2022-02-28 08419501 2021-03-01 2022-02-28 08419501 uk-core:WithinOneYear uk-bus:Original 2022-02-28 08419501 uk-core:WithinOneYear uk-bus:Original 2023-02-28 08419501 uk-core:AfterOneYear uk-bus:Original 2022-02-28 08419501 uk-core:AfterOneYear uk-bus:Original 2023-02-28 08419501 uk-core:ShareCapital uk-bus:Original 2023-02-28 08419501 uk-core:ShareCapital uk-bus:Original 2022-02-28 08419501 uk-core:RetainedEarningsAccumulatedLosses uk-bus:Original 2023-02-28 08419501 uk-core:RetainedEarningsAccumulatedLosses uk-bus:Original 2022-02-28 08419501 uk-bus:Director1 uk-bus:Original 2022-03-01 2023-02-28 08419501 uk-core:Buildings uk-bus:Original 2022-03-01 2023-02-28 08419501 uk-core:PlantMachinery uk-bus:Original 2022-03-01 2023-02-28 08419501 uk-core:ComputerEquipment uk-bus:Original 2022-03-01 2023-02-28 08419501 uk-core:CommercialMotorVehicles uk-bus:Original 2022-03-01 2023-02-28 08419501 uk-core:FurnitureFittings uk-bus:Original 2022-03-01 2023-02-28 08419501 uk-core:ComputerEquipment uk-bus:Original 2022-02-28 08419501 uk-core:FurnitureFittings uk-bus:Original 2022-02-28 08419501 uk-core:CommercialMotorVehicles uk-bus:Original 2022-02-28 08419501 uk-core:PlantMachinery uk-bus:Original 2022-02-28 08419501 uk-core:Buildings uk-bus:Original 2022-02-28 08419501 uk-core:Buildings uk-bus:Original 2023-02-28 08419501 uk-core:CommercialMotorVehicles uk-bus:Original 2023-02-28 08419501 uk-core:FurnitureFittings uk-bus:Original 2023-02-28 08419501 uk-core:ComputerEquipment uk-bus:Original 2023-02-28 08419501 uk-core:PlantMachinery uk-bus:Original 2023-02-28 08419501 uk-core:WithinOneYear uk-bus:Original 2023-02-28 08419501 uk-core:WithinOneYear uk-bus:Original 2022-02-28 08419501 uk-core:AfterOneYear uk-bus:Original uk-core:Secured 2023-02-28 08419501 uk-core:AfterOneYear uk-bus:Original uk-core:Secured 2022-02-28 iso4217:GBP xbrli:pure 08419501 uk-bus:AuditExemptWithAccountantsReport uk-bus:Original 2022-03-01 2023-02-28 08419501 uk-bus:FRS102 uk-bus:Original 2022-03-01 2023-02-28 08419501 uk-bus:FilletedAccounts uk-bus:Original 2022-03-01 2023-02-28 08419501 uk-bus:PrivateLimitedCompanyLtd uk-bus:Original 2022-03-01 2023-02-28
BRANDED AUTHORISED DISTRIBUTORS LTD
Registered Number:08419501
For the year ended 28 February 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 28 February 2023
BRANDED AUTHORISED DISTRIBUTORS LTD
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
08419501
As at 28 February 2023
BRANDED AUTHORISED DISTRIBUTORS LTD
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
8,261
8,473
2
8,261
8,473
Current assets
Inventories
113,000
123,000
3
Trade and other receivables
10,112
550
4
123,550
123,112
Trade and other payables: amounts falling due within one
year
(89,994)
(91,504)
5
33,118
32,046
Net current assets
Total assets less current liabilities
40,307
41,591
Trade and other payables: amounts falling due after more
than one year
(41,129)
(39,910)
6
397
Net assets
462
Capital and reserves
Called up share capital
2
2
Retained earnings
395
460
397
462
Shareholders' funds
For the year ended 28 February 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 of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Michael Burns Director
These financial statements were approved and authorised for issue by the Board on 19 February 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 28 February 2023
BRANDED AUTHORISED DISTRIBUTORS LTD
Notes to the Financial Statements
Statutory Information
BRANDED AUTHORISED DISTRIBUTORS LTD is a private limited company, limited by shares, domiciled in England
and Wales, registration number 08419501.
Registered address:
Unit 9, 97/101 Peregrine road
Hainault Business park
Essex
IG6 3XH
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and buildings
4% Straight line
Plant and machinery
20% Reducing balance
20% Reducing balance
Computer equipment
20% Reducing balance
Motor vehicles
20% Reducing balance
Fixtures and fittings
Inventories
Stocks 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 costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2 of 4
5
For the year ended 28 February 2023
BRANDED AUTHORISED DISTRIBUTORS LTD
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Motor vehicles
Plant and
machinery
Land and
buildings
£
£
£
£
£
£
Cost or
valuation
At 01 March 2022
12,070
325
1,579
8,966
-
1,200
1,637
612
250
-
775
-
Additions
At 28 February
2023
1,200
8,966
1,829
937
13,707
775
Provision for depreciation and impairment
At 01 March 2022
3,597
117
569
2,815
-
96
Charge for year
1,849
164
252
1,230
155
48
At 28 February
2023
5,446
281
821
4,045
155
144
At 28 February
2023
Net book value
1,056
620
4,921
1,008
656
8,261
1,104
-
6,151
1,010
208
8,473
At 28 February
2022
3. Inventories
2022
2023
£
£
Stocks
123,000
113,000
4. Trade and other receivables
2022
2023
£
£
Trade debtors
550
10,112
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
30,750
26,767
Trade creditors
3,584
46,215
Taxation and social security
11,509
11,243
Other creditors
45,661
5,769
91,504
89,994
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6
For the year ended 28 February 2023
BRANDED AUTHORISED DISTRIBUTORS LTD
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
38,045
38,045
Other creditors
1,865
3,084
39,910
41,129
7. Average number of persons employed
During the year the average number of employees was 0
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