Company Registration No. 5190417 (England and Wales)
V M BROKENSHIRE & SONS LIMITED
Unaudited accounts
for the year ended 31 July 2023
V M BROKENSHIRE & SONS LIMITED
Unaudited accounts
Contents
V M BROKENSHIRE & SONS LIMITED
Company Information
for the year ended 31 July 2023
Directors
V BROKENSHIRE
S BROKENSHIRE
Company Number
5190417 (England and Wales)
Accountants
SG ACCOUNTANCY
102 TREVERBYN ROAD
CARCLAZE IND ESTATE
ST AUSTELL
CORNWALL
PL25 4EW
V M BROKENSHIRE & SONS LIMITED
Statement of financial position
as at 31 July 2023
Cash at bank and in hand
-
1,503
Creditors: amounts falling due within one year
(15,497)
(16,624)
Net current liabilities
(15,497)
(13,716)
Net liabilities
(15,206)
(12,228)
Called up share capital
2
2
Profit and loss account
(15,208)
(12,230)
Shareholders' funds
(15,206)
(12,228)
For the year ending 31 July 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 9 February 2024 and were signed on its behalf by
S BROKENSHIRE
Director
Company Registration No. 5190417
V M BROKENSHIRE & SONS LIMITED
Notes to the Accounts
for the year ended 31 July 2023
V M BROKENSHIRE & SONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 5190417.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2022
160
25,720
1,422
27,302
Disposals
-
(8,495)
-
(8,495)
At 31 July 2023
160
17,225
1,422
18,807
At 1 August 2022
129
24,474
1,211
25,814
Charge for the year
5
28
31
64
On disposals
-
(7,362)
-
(7,362)
At 31 July 2023
134
17,140
1,242
18,516
At 31 July 2023
26
85
180
291
At 31 July 2022
31
1,246
211
1,488
V M BROKENSHIRE & SONS LIMITED
Notes to the Accounts
for the year ended 31 July 2023
Amounts falling due within one year
Accrued income and prepayments
-
771
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
2,596
-
Loans from directors
12,451
16,204
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).