Brada House Limited 14185764 false 2022-06-21 2023-06-30 2023-06-30 The principal activity of the company is property rental Digita Accounts Production Advanced 6.30.9574.0 true true 14185764 2022-06-21 2023-06-30 14185764 2023-06-30 14185764 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2023-06-30 14185764 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 14185764 core:Non-currentFinancialInstruments 2023-06-30 14185764 core:Non-currentFinancialInstruments core:AfterOneYear 2023-06-30 14185764 core:LandBuildings 2023-06-30 14185764 bus:SmallEntities 2022-06-21 2023-06-30 14185764 bus:AuditExemptWithAccountantsReport 2022-06-21 2023-06-30 14185764 bus:FilletedAccounts 2022-06-21 2023-06-30 14185764 bus:SmallCompaniesRegimeForAccounts 2022-06-21 2023-06-30 14185764 bus:RegisteredOffice 2022-06-21 2023-06-30 14185764 bus:Director1 2022-06-21 2023-06-30 14185764 bus:OrdinaryShareClass1 bus:Non-cumulativeShares 2022-06-21 2023-06-30 14185764 bus:PrivateLimitedCompanyLtd 2022-06-21 2023-06-30 14185764 core:LandBuildings 2022-06-21 2023-06-30 14185764 countries:AllCountries 2022-06-21 2023-06-30 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 14185764

Brada House Limited

Annual Report and Unaudited Financial Statements

for the Period from 21 June 2022 to 30 June 2023

 

Brada House Limited

Contents
__________________________________________________________________________

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Brada House Limited

Company Information
__________________________________________________________________________

Director

Mrs Jacqui Gape

Registered office

6 Lyon Grove
Roe Green
Manchester
M28 2RH


 

Accountants

Brooks Green
Chartered Accountants
Abbey House
342 Regents Park Road
London
N3 2LJ

 

Brada House Limited

(Registration number: 14185764)
Balance Sheet as at 30 June 2023
__________________________________________________________________________

Note

2023
£

Fixed assets

 

Tangible assets

3

83,000

Current assets

 

Cash at bank and in hand

 

2,560

Creditors: Amounts falling due within one year

4

(39,253)

Net current liabilities

 

(36,693)

Total assets less current liabilities

 

46,307

Creditors: Amounts falling due after more than one year

4

(47,159)

Net liabilities

 

(852)

Capital and reserves

 

Retained earnings

(852)

Shareholders' deficit

 

(852)

For the financial period ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 15 March 2024
 

.........................................
Mrs Jacqui Gape
Director

 

Brada House Limited

Notes to the Unaudited Financial Statements for the Period from 21 June 2022 to 30 June 2023
__________________________________________________________________________

1

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

 

Brada House Limited

Notes to the Unaudited Financial Statements for the Period from 21 June 2022 to 30 June 2023
__________________________________________________________________________

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

2

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

3

Tangible assets

Land and buildings
£

Total
£

Cost or valuation

Additions

83,000

83,000

At 30 June 2023

83,000

83,000

Depreciation

Carrying amount

At 30 June 2023

83,000

83,000

Included within the net book value of land and buildings above is £83,000 in respect of long leasehold land and buildings.
 

 

Brada House Limited

Notes to the Unaudited Financial Statements for the Period from 21 June 2022 to 30 June 2023
__________________________________________________________________________

4

Creditors

Creditors: amounts falling due within one year

2023
£

Due within one year

Accruals and deferred income

253

Other creditors

39,000

39,253

Creditors: amounts falling due after more than one year

Note

2023
£

Due after one year

 

Loans and borrowings

6

47,159

5

Share capital

Allotted, called up and fully paid shares

2023

No.

£

Ordinary of £1 each

100

100

   

6

Loans and borrowings

Non-current loans and borrowings

2023
£

Bank borrowings

47,159