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REGISTERED NUMBER: 14306178 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 19 AUGUST 2022 TO 31 DECEMBER 2023

FOR

BRITIAM LTD

BRITIAM LTD (REGISTERED NUMBER: 14306178)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 19 AUGUST 2022 TO 31 DECEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BRITIAM LTD

COMPANY INFORMATION
FOR THE PERIOD 19 AUGUST 2022 TO 31 DECEMBER 2023







DIRECTOR: L S Allison





SECRETARY:





REGISTERED OFFICE: 29 Gildredge Road
Eastbourne
East Sussex
BN21 4RU





REGISTERED NUMBER: 14306178 (England and Wales)





ACCOUNTANTS: Advanta
Chartered Accountants
29 Gildredge Road
Eastbourne
East Sussex
BN21 4RU

BRITIAM LTD (REGISTERED NUMBER: 14306178)

BALANCE SHEET
31 DECEMBER 2023

Notes £   
CURRENT ASSETS
Debtors 4 9,994
Cash at bank 1,018
11,012
CREDITORS
Amounts falling due within one year 5 11,626
NET CURRENT LIABILITIES (614 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(614

)

CAPITAL AND RESERVES
Called up share capital 2
Retained earnings (616 )
SHAREHOLDERS' FUNDS (614 )

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 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.

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 22 April 2024 and were signed by:





L S Allison - Director


BRITIAM LTD (REGISTERED NUMBER: 14306178)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 19 AUGUST 2022 TO 31 DECEMBER 2023


1. STATUTORY INFORMATION

Britiam Ltd 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.

These financial statements have been prepared on the basis that the company will continue to be a going concern. If this assumption is not considered valid, then adjustments would need to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that might arise and to reclassify fixed assets and long term liabilities as current assets and liabilities.

The validity of the going concern basis depends upon the continued support of the company director.

Turnover
Turnover is recognised at the fair value of the consideration received or receivable for management consultancy services provided in the normal course of business.

Revenue from the contracts for the provision of management consultancy services is recognised by reference to the stage of completion of the contract.

The turnover was derived from the company's principal activity which was carried out wholly outside the United Kingdom.

Taxation
Taxation for the period 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 period 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 period was 1 .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Prepayments and accrued income 9,994

BRITIAM LTD (REGISTERED NUMBER: 14306178)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 19 AUGUST 2022 TO 31 DECEMBER 2023


5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Directors' current accounts 515
Accrued expenses 11,111
11,626