0 false false false false false false false false false true false false false false false false No description of principal activity 2022-04-01 Sage Accounts Production Advanced 2021 - FRS102_2021 430,039 89,529 84,639 30,110 404,819 404,819 430,039 xbrli:pure xbrli:shares iso4217:GBP 03496512 2022-04-01 2023-03-31 03496512 2023-03-31 03496512 2022-03-31 03496512 bus:Director1 2022-04-01 2023-03-31 03496512 core:WithinOneYear 2023-03-31 03496512 core:WithinOneYear 2022-03-31 03496512 core:ShareCapital 2023-03-31 03496512 core:ShareCapital 2022-03-31 03496512 core:RetainedEarningsAccumulatedLosses 2023-03-31 03496512 core:RetainedEarningsAccumulatedLosses 2022-03-31 03496512 core:CostValuation core:Non-currentFinancialInstruments 2022-03-31 03496512 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-03-31 03496512 core:DisposalsRepaymentsInvestments core:Non-currentFinancialInstruments 2023-03-31 03496512 core:Non-currentFinancialInstruments core:RevaluationsIncreaseDecreaseInInvestments 2023-03-31 03496512 core:CostValuation core:Non-currentFinancialInstruments 2023-03-31 03496512 core:Non-currentFinancialInstruments 2023-03-31 03496512 core:Non-currentFinancialInstruments 2022-03-31 03496512 bus:SmallEntities 2022-04-01 2023-03-31 03496512 bus:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 03496512 bus:FullAccounts 2022-04-01 2023-03-31 03496512 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-03-31 03496512 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31
COMPANY REGISTRATION NUMBER: 03496512
Brenmatch Limited
Filleted Unaudited Financial Statements
31 March 2023
Brenmatch Limited
Statement of Financial Position
31 March 2023
2023
2022
Note
£
£
Fixed assets
Investments
4
404,819
430,039
Current assets
Debtors
5
12,748
12,748
Cash at bank and in hand
463
2,161
------------
------------
13,211
14,909
Creditors: amounts falling due within one year
6
( 3,166)
( 1,600)
------------
------------
Net current assets
10,045
13,309
------------
------------
Total assets less current liabilities
414,864
443,348
------------
------------
Net assets
414,864
443,348
------------
------------
Brenmatch Limited
Statement of Financial Position (continued)
31 March 2023
2023
2022
Note
£
£
Capital and reserves
Called up share capital
400,002
400,002
Profit and loss account
14,862
43,346
------------
------------
Shareholders funds
414,864
443,348
------------
------------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 16 November 2023 , and are signed on behalf of the board by:
Mr P Herring
Director
Company registration number: 03496512
Brenmatch Limited
Notes to the Financial Statements
Year ended 31 March 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Dancing Ghyll, Grange In Borrowdale, Keswick, CA12 5UQ, United Kingdom.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Income tax
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Investments in associates
Investments in associates accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses.
Investments in joint ventures
Investments in joint ventures accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date .
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities .
4. Investments
Other investments other than loans
£
Cost
At 1 April 2022
430,039
Additions
89,529
Disposals
( 84,639)
Revaluations
( 30,110)
------------
At 31 March 2023
404,819
------------
Impairment
At 1 April 2022 and 31 March 2023
------------
Carrying amount
At 31 March 2023
404,819
------------
At 31 March 2022
430,039
------------
5. Debtors
2023
2022
£
£
Other debtors
12,748
12,748
------------
------------
6. Creditors: amounts falling due within one year
2023
2022
£
£
Corporation tax
2,380
829
Other creditors
786
771
------------
------------
3,166
1,600
------------
------------
7. Related party transactions
No transactions with related parties were undertaken such as are required to be disclosed under Financial Reporting Standard for Smaller Entities.