BRIDEN DEVELOPMENTS LIMITED

Company Registration Number:
NI662752 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

BRIDEN DEVELOPMENTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

Balance sheet
Notes

BRIDEN DEVELOPMENTS LIMITED

Balance sheet

As at 31 July 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 136,891 154,058
Total fixed assets: 136,891 154,058
Current assets
Stocks: 113,155 104,937
Debtors:   59,390 82,932
Cash at bank and in hand: 18,148 36,875
Total current assets: 190,693 224,744
Creditors: amounts falling due within one year:   (196,115) (208,958)
Net current assets (liabilities): (5,422) 15,786
Total assets less current liabilities: 131,469 169,844
Creditors: amounts falling due after more than one year:     (5,950)
Total net assets (liabilities): 131,469 163,894
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 131,369 163,794
Shareholders funds: 131,469 163,894

The notes form part of these financial statements

BRIDEN DEVELOPMENTS LIMITED

Balance sheet statements

For the year ending 31 July 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 22 April 2024
and signed on behalf of the board by:

Name: Mr B Pogue
Status: Director

The notes form part of these financial statements

BRIDEN DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Tangible fixed assets and depreciation policy

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life.

BRIDEN DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

2. Employees

2023 2022
Average number of employees during the period 22 27

BRIDEN DEVELOPMENTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Tangible Assets

Total
Cost £
At 01 August 2022 236,663
Additions 19,000
At 31 July 2023 255,663
Depreciation
At 01 August 2022 82,605
Charge for year 36,167
At 31 July 2023 118,772
Net book value
At 31 July 2023 136,891
At 31 July 2022 154,058