Company Registration No. 11455043 (England and Wales)
BRAINTREE FISH BAR LTD
Unaudited accounts
for the year ended 31 July 2023
BRAINTREE FISH BAR LTD
Unaudited accounts
Contents
BRAINTREE FISH BAR LTD
Company Information
for the year ended 31 July 2023
Company Number
11455043 (England and Wales)
Registered Office
3 Rayne Road
Braintree
CM7 2QA
United Kingdom
Accountants
DNG Associates
214 Baker Street
Enfield
London
EN1 3JT
BRAINTREE FISH BAR LTD
Statement of financial position
as at 31 July 2023
Tangible assets
38,860
34,902
Cash at bank and in hand
2,386
20,494
Creditors: amounts falling due within one year
(30,475)
(31,566)
Net current assets
7,599
24,920
Total assets less current liabilities
46,459
59,822
Creditors: amounts falling due after more than one year
(16,203)
(26,203)
Called up share capital
100
100
Profit and loss account
30,156
33,519
Shareholders' funds
30,256
33,619
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 director acknowledges his 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 and authorised for issue on 4 April 2024 and were signed on its behalf by
Mr M Turkmen
Director
Company Registration No. 11455043
BRAINTREE FISH BAR LTD
Notes to the Accounts
for the year ended 31 July 2023
BRAINTREE FISH BAR LTD is a private company, limited by shares, registered in England and Wales, registration number 11455043. The registered office and principal place of business is 3 Rayne Road, Braintree, CM7 2QA, United Kingdom.
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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
18% - reducing line method
Fixtures & fittings
18% - reducing line method
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
These accounts have been prepared on the going concern basis, on the understanding that the directors and shareholders will
continue to financially support the company during this uncertain period.
BRAINTREE FISH BAR LTD
Notes to the Accounts
for the year ended 31 July 2023
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 August 2022
24,024
25,371
49,395
At 31 July 2023
24,024
37,859
61,883
At 1 August 2022
7,869
6,624
14,493
Charge for the year
2,908
5,622
8,530
At 31 July 2023
10,777
12,246
23,023
At 31 July 2023
13,247
25,613
38,860
At 31 July 2022
16,155
18,747
34,902
Amounts falling due within one year
Other debtors
31,344
31,344
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,000
10,000
Taxes and social security
7,196
6,969
Loans from directors
882
5,760
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
BRAINTREE FISH BAR LTD
Notes to the Accounts
for the year ended 31 July 2023
9
Transactions with related parties
Included within other creditors is an amount of £882 (2022;£5,760) due to its directors. There are no terms as to interest or repayment in respect of this balance.
10
Average number of employees
During the year the average number of employees was 3 (2022: 3).