2022-03-01 06101057 2023-02-28 06101057 2022-03-01 2023-02-28 06101057 2022-02-28 06101057 2021-03-01 2022-02-28 06101057 uk-core:WithinOneYear uk-bus:Original 2022-02-28 06101057 uk-core:WithinOneYear uk-bus:Original 2023-02-28 06101057 uk-core:ShareCapital uk-bus:Original 2023-02-28 06101057 uk-core:ShareCapital uk-bus:Original 2022-02-28 06101057 uk-core:RetainedEarningsAccumulatedLosses uk-bus:Original 2023-02-28 06101057 uk-core:RetainedEarningsAccumulatedLosses uk-bus:Original 2022-02-28 06101057 uk-bus:Director1 uk-bus:Original 2022-03-01 2023-02-28 06101057 uk-core:PlantMachinery uk-bus:Original 2022-03-01 2023-02-28 06101057 uk-core:CommercialMotorVehicles uk-bus:Original 2022-03-01 2023-02-28 06101057 uk-core:FurnitureFittings uk-bus:Original 2022-03-01 2023-02-28 06101057 uk-core:FurnitureFittings uk-bus:Original 2022-02-28 06101057 uk-core:CommercialMotorVehicles uk-bus:Original 2022-02-28 06101057 uk-core:PlantMachinery uk-bus:Original 2022-02-28 06101057 uk-core:PlantMachinery uk-bus:Original 2023-02-28 06101057 uk-core:CommercialMotorVehicles uk-bus:Original 2023-02-28 06101057 uk-core:FurnitureFittings uk-bus:Original 2023-02-28 iso4217:GBP xbrli:pure 06101057 uk-bus:AuditExemptWithAccountantsReport uk-bus:Original 2022-03-01 2023-02-28 06101057 uk-bus:FRS102 uk-bus:Original 2022-03-01 2023-02-28 06101057 uk-bus:FilletedAccounts uk-bus:Original 2022-03-01 2023-02-28 06101057 uk-bus:PrivateLimitedCompanyLtd uk-bus:Original 2022-03-01 2023-02-28
Brothers Builders Limited
Registered Number:06101057
For the year ended 28 February 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 28 February 2023
Brothers Builders Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
06101057
As at 28 February 2023
Brothers Builders Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
20,066
25,560
2
20,066
25,560
Current assets
Inventories
17,295
5,275
3
Trade and other receivables
38,433
62,851
4
188,745
Cash and cash equivalents
50,501
118,627
244,473
Trade and other payables: amounts falling due within one
year
(74,262)
(13,471)
5
170,211
105,156
Net current assets
Total assets less current liabilities
125,222
195,771
125,222
Net assets
195,771
Capital and reserves
Called up share capital
100
100
Retained earnings
125,122
195,671
125,222
195,771
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 directors acknowledge their 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.
Buta Singh Nijjar Director
These financial statements were approved and authorised for issue by the Board on 10 December 2023 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 28 February 2023
Brothers Builders Limited
Notes to the Financial Statements
Statutory Information
Brothers Builders Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 06101057.
Registered address:
18 Abercorn Gardens
Romford
Essex
RM6 4SX
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:
Plant and machinery
15.00% Reducing balance
25.00% Reducing balance
Motor vehicles
15.00% 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 3
5
For the year ended 28 February 2023
Brothers Builders Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Fixtures and
fittings
Motor vehicles
Plant and
machinery
£
£
£
£
Cost or
valuation
At 01 March 2022
55,501
3,009
29,667
22,825
At 28 February 2023
22,825
29,667
3,009
55,501
Provision for depreciation and impairment
At 01 March 2022
29,941
1,848
13,067
15,026
Charge for year
5,494
174
4,150
1,170
At 28 February 2023
35,435
2,022
17,217
16,196
At 28 February 2023
Net book value
6,629
12,450
987
20,066
At 28 February 2022
7,799
16,600
1,161
25,560
3. Inventories
2022
2023
£
£
Stocks
5,275
17,295
4. Trade and other receivables
2022
2023
£
£
Trade debtors
35,713
7,500
Other debtors
27,138
30,933
38,433
62,851
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
2,296
44,715
Taxation and social security
-
8,046
Other creditors
11,175
21,501
13,471
74,262
6. Average number of persons employed
During the year the average number of employees was 4 (2022 : 6)
3 of 3