IRIS Accounts Production v23.3.1.45 07108260 director 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh071082602022-12-31071082602023-12-31071082602023-01-012023-12-31071082602021-12-31071082602022-01-012022-12-31071082602022-12-3107108260ns10:Originalns15:EnglandWales2023-01-012023-12-3107108260ns14:PoundSterlingns10:Original2023-01-012023-12-3107108260ns10:Originalns10:Director12023-01-012023-12-3107108260ns10:Original2023-01-012023-12-3107108260ns10:Original2023-12-3107108260ns10:Originalns10:PrivateLimitedCompanyLtd2023-01-012023-12-3107108260ns10:Originalns10:SmallEntities2023-01-012023-12-3107108260ns10:Originalns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3107108260ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3107108260ns10:SmallCompaniesRegimeForAccountsns10:Original2023-01-012023-12-3107108260ns10:Originalns10:AbridgedAccounts2023-01-012023-12-3107108260ns10:Originalns10:RegisteredOffice2023-01-012023-12-3107108260ns10:Original2022-12-3107108260ns10:Originalns5:CurrentFinancialInstruments2023-12-3107108260ns10:Originalns5:CurrentFinancialInstruments2022-12-3107108260ns5:ShareCapitalns10:Original2023-12-3107108260ns5:ShareCapitalns10:Original2022-12-3107108260ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-12-3107108260ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-12-3107108260ns10:Originalns5:PlantMachinery2023-01-012023-12-3107108260ns10:Originalns5:FurnitureFittings2023-01-012023-12-3107108260ns10:Originalns5:MotorVehicles2023-01-012023-12-3107108260ns10:Originalns5:ComputerEquipment2023-01-012023-12-3107108260ns10:Original2022-01-012022-12-3107108260ns10:Original2022-12-31
REGISTERED NUMBER: 07108260 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 December 2023

for

BRANDING SHOP LTD

BRANDING SHOP LTD (REGISTERED NUMBER: 07108260)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


BRANDING SHOP LTD

Company Information
for the Year Ended 31 December 2023







DIRECTOR: S Crosby





REGISTERED OFFICE: 38 Church Drive
North Harrow
Middlesex
HA2 7NS





REGISTERED NUMBER: 07108260 (England and Wales)





ACCOUNTANTS: Hill Wooldridge & Co.
Chartered Accountants
107 Hindes Road
Harrow
Middlesex
HA1 1RU

BRANDING SHOP LTD (REGISTERED NUMBER: 07108260)

Abridged Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 14,897 20,761

CURRENT ASSETS
Stocks 2,470 2,345
Debtors 72,720 179,385
Cash at bank 905,165 796,981
980,355 978,711
CREDITORS
Amounts falling due within one year 68,390 167,265
NET CURRENT ASSETS 911,965 811,446
TOTAL ASSETS LESS CURRENT
LIABILITIES

926,862

832,207

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 926,762 832,107
SHAREHOLDERS' FUNDS 926,862 832,207

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

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 5 March 2024 and were signed by:





S Crosby - Director


BRANDING SHOP LTD (REGISTERED NUMBER: 07108260)

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

1. STATUTORY INFORMATION

Branding Shop Ltd 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 25% 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.

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 3 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023 66,604
Disposals (15,847 )
At 31 December 2023 50,757
DEPRECIATION
At 1 January 2023 45,843
Charge for year 5,232
Eliminated on disposal (15,215 )
At 31 December 2023 35,860
NET BOOK VALUE
At 31 December 2023 14,897
At 31 December 2022 20,761