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REGISTERED NUMBER: 07349746 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2023

FOR

BRANDON INVESTMENT CAPITAL LIMITED

BRANDON INVESTMENT CAPITAL LIMITED (REGISTERED NUMBER: 07349746)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Certified Accountants' Report 8

BRANDON INVESTMENT CAPITAL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2023







DIRECTOR: S R Brandon





SECRETARY:





REGISTERED OFFICE: Suite 2 Mayden House
Long Bennington Business Park
Main Road
Long Bennington
Nottinghamshire
NG23 5DJ





REGISTERED NUMBER: 07349746 (England and Wales)





ACCOUNTANTS: Buchanan & Associates Limited
Mayden House
Main Road
Long Bennington
Nottinghamshire
NG23 5DJ

BRANDON INVESTMENT CAPITAL LIMITED (REGISTERED NUMBER: 07349746)

BALANCE SHEET
31 AUGUST 2023

31.8.23 31.8.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 5,000 -
Tangible assets 5 - 70,172
Investments 6 57,902 110,356
62,902 180,528

CURRENT ASSETS
Debtors 7 954,106 939,868
Cash at bank 3,423 2,250
957,529 942,118
CREDITORS
Amounts falling due within one year 8 328,538 367,926
NET CURRENT ASSETS 628,991 574,192
TOTAL ASSETS LESS CURRENT
LIABILITIES

691,893

754,720

CREDITORS
Amounts falling due after more than one
year

9

34,123

39,407
NET ASSETS 657,770 715,313

CAPITAL AND RESERVES
Called up share capital 202 202
Retained earnings 657,568 715,111
SHAREHOLDERS' FUNDS 657,770 715,313

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

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

The director acknowledges his 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.

BRANDON INVESTMENT CAPITAL LIMITED (REGISTERED NUMBER: 07349746)

BALANCE SHEET - continued
31 AUGUST 2023


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 6 March 2024 and were signed by:





S R Brandon - Director


BRANDON INVESTMENT CAPITAL LIMITED (REGISTERED NUMBER: 07349746)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2023

1. STATUTORY INFORMATION

Brandon Investment Capital Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - Nil
Plant and machinery etc - 25% on cost

Taxation
Taxation for the year 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 year 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 year was 1 (2022 - 1 ) .

BRANDON INVESTMENT CAPITAL LIMITED (REGISTERED NUMBER: 07349746)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
Additions 5,000
At 31 August 2023 5,000
NET BOOK VALUE
At 31 August 2023 5,000

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 September 2022 70,172 1,774 71,946
Disposals (70,172 ) - (70,172 )
At 31 August 2023 - 1,774 1,774
DEPRECIATION
At 1 September 2022
and 31 August 2023 - 1,774 1,774
NET BOOK VALUE
At 31 August 2023 - - -
At 31 August 2022 70,172 - 70,172

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 September 2022 110,356
Additions 413,645
Disposals (472,710 )
Reversal of impairments 6,611
At 31 August 2023 57,902
NET BOOK VALUE
At 31 August 2023 57,902
At 31 August 2022 110,356

BRANDON INVESTMENT CAPITAL LIMITED (REGISTERED NUMBER: 07349746)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023

7. DEBTORS
31.8.23 31.8.22
£    £   
Amounts falling due within one year:
Amounts owed by related parties 42,147 38,142
Other debtors 766,404 756,171
808,551 794,313

Amounts falling due after more than one year:
Other debtors 145,555 145,555

Aggregate amounts 954,106 939,868

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.23 31.8.22
£    £   
Bank loans and overdrafts 5,284 5,153
Trade creditors 847 2,525
Amounts owed to related parties 155,684 191,716
Taxation and social security 36,723 8,532
Other creditors 130,000 160,000
328,538 367,926

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.23 31.8.22
£    £   
Bank loans 34,123 39,407

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 11,612 17,453

10. OTHER FINANCIAL COMMITMENTS

Operating lease commitments exist at the balance sheet date of £14,974 (2022 £Nil).

BRANDON INVESTMENT CAPITAL LIMITED (REGISTERED NUMBER: 07349746)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2023

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2023 and 31 August 2022:

31.8.23 31.8.22
£    £   
S R Brandon
Balance outstanding at start of year 740,672 686,152
Amounts advanced 373,888 343,423
Amounts repaid (348,155 ) (288,903 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 766,405 740,672

12. ULTIMATE CONTROLLING PARTY

The controlling party is S R Brandon.

CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
BRANDON INVESTMENT CAPITAL LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Brandon Investment Capital Limited for the year ended 31 August 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Brandon Investment Capital Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Brandon Investment Capital Limited and state those matters that we have agreed to state to the director of Brandon Investment Capital Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Brandon Investment Capital Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Brandon Investment Capital Limited. You consider that Brandon Investment Capital Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Brandon Investment Capital Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Buchanan & Associates Limited
Mayden House
Main Road
Long Bennington
Nottinghamshire
NG23 5DJ


6 March 2024