BrightAccountsProduction v1.0.0 v1.0.0 2022-11-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company was solicitors activities. 29 July 2024 0 0 NI655150 2023-10-31 NI655150 2022-10-31 NI655150 2021-10-31 NI655150 2022-11-01 2023-10-31 NI655150 2021-11-01 2022-10-31 NI655150 uk-bus:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 NI655150 uk-curr:PoundSterling 2022-11-01 2023-10-31 NI655150 uk-bus:SmallCompaniesRegimeForAccounts 2022-11-01 2023-10-31 NI655150 uk-bus:AbridgedAccounts 2022-11-01 2023-10-31 NI655150 uk-core:ShareCapital 2023-10-31 NI655150 uk-core:ShareCapital 2022-10-31 NI655150 uk-core:RetainedEarningsAccumulatedLosses 2023-10-31 NI655150 uk-core:RetainedEarningsAccumulatedLosses 2022-10-31 NI655150 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2023-10-31 NI655150 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2022-10-31 NI655150 uk-bus:FRS102 2022-11-01 2023-10-31 NI655150 uk-core:Goodwill 2022-11-01 2023-10-31 NI655150 uk-core:FurnitureFittingsToolsEquipment 2022-11-01 2023-10-31 NI655150 uk-core:MotorVehicles 2022-11-01 2023-10-31 NI655150 uk-core:Goodwill 2022-10-31 NI655150 uk-core:Goodwill 2023-10-31 NI655150 2022-11-01 2023-10-31 NI655150 uk-bus:Director1 2022-11-01 2023-10-31 NI655150 uk-bus:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 xbrli:pure iso4217:GBP xbrli:shares
Company Registration Number: NI655150
 
 
Brentnall Legal Limited
 
Abridged Unaudited Financial Statements
 
for the financial year ended 31 October 2023
Brentnall Legal Limited
Company Registration Number: NI655150
ABRIDGED STATEMENT OF FINANCIAL POSITION
as at 31 October 2023

2023 2022
Notes £ £
 
Non-Current Assets
Intangible assets 4 - 2,340
Property, plant and equipment 5 29,306 5,541
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Non-Current Assets 29,306 7,881
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Current Assets
Debtors 420,772 354,576
Cash and cash equivalents 36,018 83,661
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456,790 438,237
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Creditors: amounts falling due within one year (147,978) (146,786)
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Net Current Assets 308,812 291,451
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Total Assets less Current Liabilities 338,118 299,332
 
Creditors:
amounts falling due after more than one year (29,529) (23,008)
 
Provisions for liabilities (5,568) (1,053)
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Net Assets 303,021 275,271
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Capital and Reserves
Called up share capital 10 10
Retained earnings 303,011 275,261
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Shareholders' Funds 303,021 275,271
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The financial statements have been prepared 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).
           
All of the members have consented to the preparation of abridged accounts in accordance with section 444(2A) of the Companies Act 2006.
           
The company has taken advantage of the exemption under section 444 not to file the Abridged Income Statement and Director's Report.
For the financial year ended 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Director and authorised for issue on 29 July 2024
           
           
           
________________________________          
Mr. Michael Brentnall          
Director          
           



Brentnall Legal Limited
NOTES TO THE ABRIDGED FINANCIAL STATEMENTS
for the financial year ended 31 October 2023

   
1. General Information
 
Brentnall Legal Limited is a company limited by shares incorporated in Northern Ireland. The registered office of the company is 16 Mount Charles, Belfast, BT7 1NZ. The principal activity of the company was solicitors activities. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the year ended 31 October 2023 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Intangible assets
 
Goodwill
Purchased goodwill arising on the acquisition of a business represents the excess of the acquisition cost over the fair value of the identifiable net assets including other intangible fixed assets when they were acquired. Purchased goodwill is capitalised in the Statement of Financial Position and amortised on a straight line basis over its economic useful life of 5 years, which is estimated to be the period during which benefits are expected to arise.  On disposal of a business any goodwill not yet amortised is included in determining the profit or loss on sale of the business.
 
Property, plant and equipment and depreciation
Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of property, plant and equipment, less their estimated residual value, over their expected useful lives as follows:
 
  Fixtures, fittings and equipment - 25% Straight line
  Motor vehicles - 25% Straight line
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
Leasing and hire purchases
Property, plant and equipment held under leasing and Hire Purchases arrangements which transfer substantially all the risks and rewards of ownership to the company are capitalised and included in the Statement of Financial Position at their cost or valuation, less depreciation. The corresponding commitments are recorded as liabilities. Payments in respect of these obligations are treated as consisting of capital and interest elements, with interest charged to the Income Statement.
 
Work in progress
Work in progress is reflected in the accounts at the expected revenue due for work carried out during the period that has not yet been invoiced.
 
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Provisions
Provisions are recognised when the company has a present legal or constructive obligation arising as a result of a past event, it is probable that an outflow of economic benefits will be required to settle the obligation and a reliable estimate can be made. Provisions are measured at the present value of the expenditures expected to be required to settle the obligation using a pre-tax rate that reflects current market assessments of the same value of money and the risks specific to the obligation. The increase in the provision due to passage of time is recognised as interest expense.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.
 
Taxation and deferred taxation
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Statement of Financial Position date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements. Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including director, during the financial year was 7, (2022 - 8).
       
4. Intangible assets
     
  Goodwill Total
  £ £
Cost
At 1 November 2022 11,700 11,700
  ───────── ─────────
 
At 31 October 2023 11,700 11,700
  ───────── ─────────
Amortisation
At 1 November 2022 9,360 9,360
Charge for financial year 2,340 2,340
  ───────── ─────────
At 31 October 2023 11,700 11,700
  ───────── ─────────
Net book value
At 31 October 2023 - -
  ═════════ ═════════
At 31 October 2022 2,340 2,340
  ═════════ ═════════
         
5. Property, plant and equipment
  Fixtures, Motor Total
  fittings and vehicles  
  equipment    
  £ £ £
Cost
At 1 November 2022 13,638 - 13,638
Additions 2,244 28,698 30,942
  ───────── ───────── ─────────
At 31 October 2023 15,882 28,698 44,580
  ───────── ───────── ─────────
Depreciation
At 1 November 2022 8,097 - 8,097
Charge for the financial year 3,351 3,826 7,177
  ───────── ───────── ─────────
At 31 October 2023 11,448 3,826 15,274
  ───────── ───────── ─────────
Net book value
At 31 October 2023 4,434 24,872 29,306
  ═════════ ═════════ ═════════
At 31 October 2022 5,541 - 5,541
  ═════════ ═════════ ═════════
       
6. Capital commitments
 
The company had no material capital commitments at the financial year-ended 31 October 2023.
   
7. Controlling interest
 
The company was under the control of Mr M Brentnall throughout the current period. Mr Brentnall holds 100% of the issued share capital.
   
8. Events After the End of the Reporting Period
 
There has been no events affecting the accounts after the balance sheet date.