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REGISTERED NUMBER: SC522796 (Scotland)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023

FOR

BRIGEND TRADING CO LIMITED

BRIGEND TRADING CO LIMITED (REGISTERED NUMBER: SC522796)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BRIGEND TRADING CO LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTOR: E Baigan



SECRETARY: E Baigan



REGISTERED OFFICE: 17 Old Dalkeith Road
Edinburgh
EH16 4TE



REGISTERED NUMBER: SC522796 (Scotland)



ACCOUNTANTS: AGB Accounting & Tax Consultants Limited
27 Guardwell Crescent
Edinburgh
EH17 7JA



BANKERS: Bank of Scotland
600 Gorgie Road
Edinburgh
EH11 3XP

BRIGEND TRADING CO LIMITED (REGISTERED NUMBER: SC522796)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,020 14,684

CURRENT ASSETS
Debtors 5 45,542 145,576
Cash at bank 71,089 33,348
116,631 178,924
CREDITORS
Amounts falling due within one year 6 54,977 79,942
NET CURRENT ASSETS 61,654 98,982
TOTAL ASSETS LESS CURRENT
LIABILITIES

81,674

113,666

CREDITORS
Amounts falling due after more than one
year

7

(19,500

)

(28,500

)

PROVISIONS FOR LIABILITIES (3,555 ) (2,487 )
NET ASSETS 58,619 82,679

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 58,617 82,677
SHAREHOLDERS' FUNDS 58,619 82,679

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

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

BRIGEND TRADING CO LIMITED (REGISTERED NUMBER: SC522796)

BALANCE SHEET - continued
31 MARCH 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 26 March 2024 and were signed by:





E Baigan - Director


BRIGEND TRADING CO LIMITED (REGISTERED NUMBER: SC522796)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1. STATUTORY INFORMATION

Brigend Trading Co Limited is a private company, limited by shares , registered in Scotland. 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 etc - 33% on cost and 20% on reducing balance

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

BRIGEND TRADING CO LIMITED (REGISTERED NUMBER: SC522796)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 33,762
Additions 10,500
Disposals (641 )
At 31 March 2023 43,621
DEPRECIATION
At 1 April 2022 19,078
Charge for year 5,047
Eliminated on disposal (524 )
At 31 March 2023 23,601
NET BOOK VALUE
At 31 March 2023 20,020
At 31 March 2022 14,684

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 45,182 38,658
Other debtors 360 106,918
45,542 145,576

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 9,000 9,000
Trade creditors 29,772 20,790
Taxation and social security 14,101 47,404
Other creditors 2,104 2,748
54,977 79,942

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 19,500 28,500

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary £1 2 2

BRIGEND TRADING CO LIMITED (REGISTERED NUMBER: SC522796)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in "Other creditors: amounts falling due within one year" is an amount of £297 (2022 - £565) due to E Baigan, the director of the company. No fixed interest rates or repayment terms apply.