1 January 2022 false Taxfiler 2024.1 SC568890business:PrivateLimitedCompanyLtd2022-01-012022-11-30 SC5688902021-12-31 SC5688902022-01-012022-11-30 SC568890business:AuditExemptWithAccountantsReport2022-01-012022-11-30 SC568890business:AbridgedAccounts2022-01-012022-11-30 SC5688902022-11-30 SC568890business:Director12022-01-012022-11-30 SC568890business:CompanySecretary12022-01-012022-11-30 SC568890business:RegisteredOffice2022-01-012022-11-30 SC5688902021-12-31 SC568890core:WithinOneYear2022-11-30 SC568890core:WithinOneYear2021-12-31 SC568890core:AfterOneYear2022-11-30 SC568890core:AfterOneYear2021-12-31 SC568890core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 SC568890core:ShareCapitalcore:PreviouslyStatedAmount2021-12-31 SC568890core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 SC568890core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2021-12-31 SC568890core:PreviouslyStatedAmount2022-11-30 SC568890core:PreviouslyStatedAmount2021-12-31 SC568890business:SmallEntities2022-01-012022-11-30 SC568890countries:Scotland2022-01-012022-11-30 SC568890core:LandBuildings2022-01-012022-11-30 SC568890core:PlantMachinery2022-01-012022-11-30 SC5688902021-01-012021-12-31 iso4217:GBP xbrli:pure
Company Registration No. SC568890 (Scotland)
Braeface Contracting Limited Unaudited accounts for the period from 1 January 2022 to 30 November 2022
Braeface Contracting Limited Unaudited accounts Contents
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Braeface Contracting Limited Company Information for the period from 1 January 2022 to 30 November 2022
Director
Claire Henderson Campbell
Secretary
Claire Campbell
Company Number
SC568890 (Scotland)
Registered Office
Braeface Farm Muirhead Road Neilston Strathclyde G78 3BY Scotland
Accountants
River CCyF Limited 2 Orchard Grove Kilmacolm Renfrewshire PA13 4HQ
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Braeface Contracting Limited Statement of financial position as at 30 November 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
538,556 
594,303 
Current assets
Inventories
25,026 
20,183 
Debtors
82,577 
89,081 
Cash at bank and in hand
636 
3,136 
108,239 
112,400 
Creditors: amounts falling due within one year
(114,878)
(134,045)
Net current liabilities
(6,639)
(21,645)
Total assets less current liabilities
531,917 
572,658 
Creditors: amounts falling due after more than one year
(198,707)
(282,661)
Net assets
333,210 
289,997 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
333,208 
289,995 
Shareholders' funds
333,210 
289,997 
For the period ending 30 November 2022 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 the period in accordance with Section 444(2A).
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 February 2024 and were signed on its behalf by
Claire Henderson Campbell Director Company Registration No. SC568890
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Braeface Contracting Limited Notes to the Accounts for the period from 1 January 2022 to 30 November 2022
1
Statutory information
Braeface Contracting Limited is a private company, limited by shares, registered in Scotland, registration number SC568890. The registered office is Braeface Farm, Muirhead Road, Neilston, Strathclyde, G78 3BY, Scotland.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% Straight line from date of improvements
Plant & machinery
20% Straight Line from date of purchase
Leased and Assets on Hire Purchase
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 January 2022
665,417 
Additions
54,323 
At 30 November 2022
719,740 
Depreciation
At 1 January 2022
71,114 
Charge for the period
110,070 
At 30 November 2022
181,184 
Net book value
At 30 November 2022
538,556 
At 31 December 2021
594,303 
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Braeface Contracting Limited Notes to the Accounts for the period from 1 January 2022 to 30 November 2022
5
Average number of employees
During the period the average number of employees was 2 (2021: 2).
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