BRIGHTLINE PERFORMANCE LIMITED

Company Registration Number:
08270593 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

BRIGHTLINE PERFORMANCE LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Notes

BRIGHTLINE PERFORMANCE LIMITED

Balance sheet

As at 31 October 2023


Notes

2023

2022


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 256,600 295,571
Investments:   0 0
Total fixed assets: 256,600 295,571
Current assets
Stocks: 0 0
Debtors: 4 75,711 67,483
Cash at bank and in hand: 67,745 235
Investments:   0 0
Total current assets: 143,456 67,718
Creditors: amounts falling due within one year: 5 (226,940) (131,701)
Net current assets (liabilities): (83,484) (63,983)
Total assets less current liabilities: 173,116 231,588
Creditors: amounts falling due after more than one year: 6 (327,183) (365,567)
Total net assets (liabilities): (154,067) (133,979)
Capital and reserves
Called up share capital: 35,121 35,121
Share premium account: 258,181 258,181
Profit and loss account: (447,369) (427,281)
Shareholders funds: (154,067) (133,979)

The notes form part of these financial statements

BRIGHTLINE PERFORMANCE LIMITED

Balance sheet statements

For the year ending 31 October 2023 the company was entitled to exemption 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 directors acknowledge their 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 15 July 2024
and signed on behalf of the board by:

Name: David Van Gasse
Status: Director

The notes form part of these financial statements

BRIGHTLINE PERFORMANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

BRIGHTLINE PERFORMANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

2023 2022
Average number of employees during the period 26 22

BRIGHTLINE PERFORMANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible Assets

Total
Cost £
At 01 November 2022 729,688
Additions 9,452
Disposals 0
At 31 October 2023 739,140
Depreciation
At 01 November 2022 434,117
Charge for year 48,423
On disposals 0
Other adjustments 0
At 31 October 2023 482,540
Net book value
At 31 October 2023 256,600
At 31 October 2022 295,571

BRIGHTLINE PERFORMANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 75,711 67,483

BRIGHTLINE PERFORMANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

5. Creditors: amounts falling due within one year note

Bank overdraft £0, £716Obligations under hire purchase £7487, £8734Deferred Income £51770, £42156Loans £115700, £23000Vat Control A/c £19332, £16283Accruals £32651, £40812

BRIGHTLINE PERFORMANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

6. Creditors: amounts falling due after more than one year note

Premises Liability 2-5yrs £301561, £318706Obligations under Hire Purchase £1872, £8111Loans £23750, £38750

BRIGHTLINE PERFORMANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2023

7. Financial commitments

Future Minimum lease payments < 1 year £2184301-5 years £873719> 5 years £294461