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REGISTERED NUMBER: 04402412 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2023

for

Bradshaw Wholesale Limited

Bradshaw Wholesale Limited (Registered number: 04402412)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bradshaw Wholesale Limited

Company Information
for the Year Ended 31 July 2023







DIRECTOR: Mr. G J Beanland





SECRETARY: Mrs D Beanland





REGISTERED OFFICE: Abacus House
Pennine Business Park
Longbow Close
Huddersfield
West Yorkshire
HD2 1GQ





REGISTERED NUMBER: 04402412 (England and Wales)





ACCOUNTANTS: Crowther Chartered Accountants
Abacus House
Pennine Business Park
Longbow Close
Huddersfield
West Yorkshire
HD2 1GQ

Bradshaw Wholesale Limited (Registered number: 04402412)

Balance Sheet
31 July 2023

31.7.23 31.7.22
Notes £ £ £ £
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 78,721 72,640
78,721 72,640

CURRENT ASSETS
Stocks 6 14,250 6,500
Debtors 7 159,142 130,042
Cash at bank and in hand 15,065 83,096
188,457 219,638
CREDITORS
Amounts falling due within one year 8 175,191 180,164
NET CURRENT ASSETS 13,266 39,474
TOTAL ASSETS LESS CURRENT
LIABILITIES

91,987

112,114

CREDITORS
Amounts falling due after more than one
year

9

(18,334

)

(28,333

)

PROVISIONS FOR LIABILITIES (19,681 ) (13,802 )
NET ASSETS 53,972 69,979

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 52,972 68,979
SHAREHOLDERS' FUNDS 53,972 69,979

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 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.

Bradshaw Wholesale Limited (Registered number: 04402412)

Balance Sheet - continued
31 July 2023


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 January 2024 and were signed by:





Mr. G J Beanland - Director


Bradshaw Wholesale Limited (Registered number: 04402412)

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

1. STATUTORY INFORMATION

Bradshaw Wholesale 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. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2003, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their estimated useful lives on the following bases:

Short leasehold33% on cost
Plant and machinery15% on reducing balance
Fixtures and fittings15% on reducing balance
Motor vehicles25% on reducing balance
Computer equipment33% on cost

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.


Bradshaw Wholesale Limited (Registered number: 04402412)

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

2. 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 14 (2022 - 14 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1 August 2022
and 31 July 2023 10,000
AMORTISATION
At 1 August 2022
and 31 July 2023 10,000
NET BOOK VALUE
At 31 July 2023 -
At 31 July 2022 -

Bradshaw Wholesale Limited (Registered number: 04402412)

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

5. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and
leasehold machinery fittings
£ £ £
COST
At 1 August 2022 3,422 140,948 8,452
Additions - 2,674 3,000
Disposals - - -
At 31 July 2023 3,422 143,622 11,452
DEPRECIATION
At 1 August 2022 3,422 90,063 6,136
Charge for year - 8,010 423
Eliminated on disposal - - -
At 31 July 2023 3,422 98,073 6,559
NET BOOK VALUE
At 31 July 2023 - 45,549 4,893
At 31 July 2022 - 50,885 2,316

Motor Computer
vehicles equipment Totals
£ £ £
COST
At 1 August 2022 28,467 7,340 188,629
Additions 12,000 2,840 20,514
Disposals (5,150 ) (1,148 ) (6,298 )
At 31 July 2023 35,317 9,032 202,845
DEPRECIATION
At 1 August 2022 10,579 5,789 115,989
Charge for year 4,593 891 13,917
Eliminated on disposal (4,634 ) (1,148 ) (5,782 )
At 31 July 2023 10,538 5,532 124,124
NET BOOK VALUE
At 31 July 2023 24,779 3,500 78,721
At 31 July 2022 17,888 1,551 72,640

6. STOCKS
31.7.23 31.7.22
£ £
Stocks 14,250 6,500

Bradshaw Wholesale Limited (Registered number: 04402412)

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

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£ £
Trade debtors 138,320 99,630
Other debtors - 2,000
Directors' loan accounts 9,506 23,862
VAT 6,425 -
Prepayments 4,891 4,550
159,142 130,042

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.23 31.7.22
£ £
Bank loans and overdrafts (see note 10) 10,000 10,000
Trade creditors 153,362 143,065
Tax 1,811 12,672
Social security and other tax 5,230 2,890
VAT - 6,401
Other creditors 728 561
Accrued expenses 4,060 4,575
175,191 180,164

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.23 31.7.22
£ £
Bank loans (see note 10) 18,334 28,333

10. LOANS

An analysis of the maturity of loans is given below:

31.7.23 31.7.22
£ £
Amounts falling due within one year or on demand:
Bank loans 10,000 10,000

Amounts falling due between one and two years:
Bank loans - 1-2 years 10,000 10,000

Amounts falling due between two and five years:
Bank loans - 2-5 years 8,334 18,333

Bradshaw Wholesale Limited (Registered number: 04402412)

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

11. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.7.23 31.7.22
£ £
Within one year 44,481 9,715
Between one and five years 63,016 -
107,497 9,715

12. SECURED DEBTS

The following secured debts are included within creditors:

31.7.23 31.7.22
£ £
Bank loans 28,334 38,333

13. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 July 2023 and 31 July 2022:

31.07.2331.07.22
££
Director 1
Balance outstanding at start of year23,86227,348
Amounts advanced67,31924,014
Amounts repaid(81,675)(27,500)
Balance outstanding at end of year9,50623,862

14. ULTIMATE CONTROLLING PARTY

The controlling party is Mr. G J Beanland.