Company Registration No. 06920464 (England and Wales)
Binbrite Limited
Unaudited accounts
for the year ended 31 July 2023
Binbrite Limited
Unaudited accounts
Contents
Binbrite Limited
Company Information
for the year ended 31 July 2023
Director
Mr John Haydn-Boag
Company Number
06920464 (England and Wales)
Registered Office
57 Field Barn Park
Field Barn Lane, Cropthorne, Pershore
WORCESTER
WR10 3LY
Binbrite Limited
Statement of financial position
as at 31 July 2023
Cash at bank and in hand
2,227
2,282
Creditors: amounts falling due within one year
(15,611)
(9,455)
Net current liabilities
(10,777)
(4,566)
Total assets less current liabilities
(10,420)
(3,810)
Creditors: amounts falling due after more than one year
(13,496)
(13,496)
Net liabilities
(23,916)
(17,306)
Called up share capital
1
1
Profit and loss account
(23,917)
(17,307)
Shareholders' funds
(23,916)
(17,306)
For the year ending 31 July 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
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 23 April 2023 and were signed on its behalf by
Mr John Haydn-Boag
Director
Company Registration No. 06920464
Binbrite Limited
Notes to the Accounts
for the year ended 31 July 2023
Binbrite Limited is a private company, limited by shares, registered in England and Wales, registration number 06920464. The registered office is 57 Field Barn Park, Field Barn Lane, Cropthorne, Pershore , WORCESTER, WR10 3LY.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
25% Reducing balance
Fixtures & fittings
25% Reducing balance
Computer equipment
25% Reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2022
925
23,845
1,080
25,850
At 31 July 2023
925
23,845
1,080
25,850
At 1 August 2022
632
23,429
1,033
25,094
Charge for the year
74
313
12
399
At 31 July 2023
706
23,742
1,045
25,493
At 31 July 2023
219
103
35
357
At 31 July 2022
293
416
47
756
Amounts falling due within one year
Binbrite Limited
Notes to the Accounts
for the year ended 31 July 2023
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
1,763
1,763
Trade creditors
2,194
2,194
Taxes and social security
679
679
Loans from directors
5,140
2,829
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).