2022-06-01 06248726 2023-05-31 06248726 2022-06-01 2023-05-31 06248726 2022-05-31 06248726 2021-06-01 2022-05-31 06248726 uk-core:WithinOneYear 2022-05-31 06248726 uk-core:WithinOneYear 2023-05-31 06248726 uk-core:AfterOneYear 2022-05-31 06248726 uk-core:AfterOneYear 2023-05-31 06248726 uk-core:ShareCapital 2023-05-31 06248726 uk-core:ShareCapital 2022-05-31 06248726 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 06248726 uk-core:RetainedEarningsAccumulatedLosses 2022-05-31 06248726 uk-bus:Director1 2022-06-01 2023-05-31 06248726 uk-core:AfterOneYear uk-core:Secured 2023-05-31 06248726 uk-core:AfterOneYear uk-core:Secured 2022-05-31 iso4217:GBP xbrli:pure 06248726 uk-bus:AuditExemptWithAccountantsReport 2022-06-01 2023-05-31 06248726 uk-bus:FRS102 2022-06-01 2023-05-31 06248726 uk-bus:FullAccounts 2022-06-01 2023-05-31 06248726 uk-bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31
Bright & Randall Ltd
Registered Number:06248726
For the year ended 31 May 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 May 2023
Bright & Randall Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
06248726
As at 31 May 2023
Bright & Randall Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
150,339
150,339
2
150,339
150,339
Current assets
Trade and other receivables
10,293
10,646
3
5,637
Cash and cash equivalents
7,551
18,197
15,930
Trade and other payables: amounts falling due
within one year
(630)
(750)
4
15,300
17,447
Net current assets
Total assets less current liabilities
167,786
165,639
Trade and other payables: amounts falling due after
more than one year
(179,456)
(178,433)
5
(10,647)
Net liabilities
(13,817)
Capital and reserves
Called up share capital
300
300
Retained earnings
(10,947)
(14,117)
(10,647)
(13,817)
Shareholders' funds
For the year ended 31 May 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 of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been deliver
ed.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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4
Registered Number :
06248726
For the year ended 31 May 2023
Bright & Randall Ltd
Statement of Financial Position Continued
Mr Graham Bright Director
These financial statements were approved and authorised for issue by the Board on 10 October 2023 and were signed by:
The notes form part of these financial statements
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5
For the year ended 31 May 2023
Bright & Randall Ltd
Notes to the Financial Statements
Statutory Information
Bright & Randall Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 06248726.
Registered address:
75 Uppingham Road
Houghton on the Hill
Leicestershire
LE7 9HL
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and
Republic of Ireland' and the Companies Act 2006. The financial statements have been prepared
under the historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
No depreciation is provided on the company''s freehold properties since in the opinion of the directors
the expected useful lives are sufficiently long and the estimated residual values are sufficiently high
that any such depreciation would be immaterial. The directors undertake an annual impairment
review of these properties.
Hire purchase and leasing commitments
The finance element of the rental payment is charged to the profit and loss account on a method giving a constant rate of return on the balance outstanding.
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6
For the year ended 31 May 2023
Bright & Randall Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Land and
buildings
£
Cost or
valuation
At 01 June 2022
150,339
At 31 May 2023
150,339
At 31 May 2023
Net book value
150,339
At 31 May 2022
150,339
3. Trade and other receivables
2022
2023
£
£
Trade debtors
950
10,293
Other debtors
9,696
-
10,293
10,646
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Other creditors
750
630
5. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft
178,433
178,433
Other creditors
-
1,023
178,433
179,456
6. Average number of persons employed
During the year the average number of employees was 0
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