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REGISTERED NUMBER: 06544694 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 OCTOBER 2022 TO 31 MARCH 2023

FOR

BRANLEY HOMES LTD

BRANLEY HOMES LTD (REGISTERED NUMBER: 06544694)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 OCTOBER 2022 TO 31 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BRANLEY HOMES LTD

COMPANY INFORMATION
FOR THE PERIOD 1 OCTOBER 2022 TO 31 MARCH 2023







DIRECTOR: Miss K M Hayes





REGISTERED OFFICE: York House
1 Bridgenorth Avenue
Urmston
Manchester
M41 9PA





REGISTERED NUMBER: 06544694 (England and Wales)





ACCOUNTANTS: Christian Douglass Accountants Limited
Chartered Accountants
2 Jordan Street
Knott Mill
Manchester
M15 4PY

BRANLEY HOMES LTD (REGISTERED NUMBER: 06544694)

BALANCE SHEET
31 MARCH 2023

31.3.23 30.9.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 27,141 13,086

CURRENT ASSETS
Stocks 253,288 240,483
Debtors 5 2,003,170 1,921,276
Cash at bank 451,978 145,790
2,708,436 2,307,549
CREDITORS
Amounts falling due within one year 6 417,182 475,340
NET CURRENT ASSETS 2,291,254 1,832,209
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,318,395

1,845,295

PROVISIONS FOR LIABILITIES 6,785 3,271
NET ASSETS 2,311,610 1,842,024

CAPITAL AND RESERVES
Called up share capital 50 50
Capital redemption reserve 50 50
Retained earnings 2,311,510 1,841,924
SHAREHOLDERS' FUNDS 2,311,610 1,842,024

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 4 April 2024 and were signed by:





Miss K M Hayes - Director


BRANLEY HOMES LTD (REGISTERED NUMBER: 06544694)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 OCTOBER 2022 TO 31 MARCH 2023

1. STATUTORY INFORMATION

Branley Homes Ltd is a private limited company, limited by shares, registered in England and Wales. The company's registered number is 06544694 and its registered address is York House, 1 Bridgenorth Avenue, Urmston, Manchester, M41 9PA.

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 represents the amount derived from ordinary activities, and is stated after trade discounts, other sales tax and value added tax. In respect of work undertaken under a service contract, turnover is recognised when the company obtains the right to consideration and provision for earned but unbilled income is recognised within debtors as amounts recoverable on contracts.

Tangible assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

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 period 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 period 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 period was NIL (2022 - NIL).

BRANLEY HOMES LTD (REGISTERED NUMBER: 06544694)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 OCTOBER 2022 TO 31 MARCH 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2022 33,440
Additions 17,934
At 31 March 2023 51,374
DEPRECIATION
At 1 October 2022 20,354
Charge for period 3,879
At 31 March 2023 24,233
NET BOOK VALUE
At 31 March 2023 27,141
At 30 September 2022 13,086

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 30.9.22
£    £   
Trade debtors 300,000 350,000
Amounts owed by connected undertakings 1,300,000 1,200,000
Amounts recoverable on contract 359,984 273,463
Other debtors 43,186 97,813
2,003,170 1,921,276

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 30.9.22
£    £   
Trade creditors 112,494 302,641
Amounts owed to group undertakings 74,838 74,633
Taxation and social security 192,579 92,795
Other creditors 37,271 5,271
417,182 475,340

7. PARENT UNDERTAKING

The company's parent undertaking is Branley Holdings Limited, a company registered in England and Wales and exempt from the requirement to prepare group accounts.