Company Registration No. 09144921 (England and Wales)
BRITANNIA DESIGN AND PRINTING LIMITED
Unaudited accounts
for the year ended 31 July 2023
BRITANNIA DESIGN AND PRINTING LIMITED
Unaudited accounts
Contents
BRITANNIA DESIGN AND PRINTING LIMITED
Company Information
for the year ended 31 July 2023
Directors
Usman Ali Rizvi
Rao Muhammad Saleem Akhtar
Secretary
Rao Muhammad Saleem Akhtar
Company Number
09144921 (England and Wales)
Registered Office
73-74 LOWER DARTMOUTH STREET
BIRMINGHAM
B9 4LA
Accountants
Mayfield
1st Floor, 5 Highgate Business Centre
Highgate Road
Birmingham
B12 8EA
BRITANNIA DESIGN AND PRINTING LIMITED
Statement of financial position
as at 31 July 2023
Tangible assets
259,482
281,537
Cash at bank and in hand
17,118
22,867
Creditors: amounts falling due within one year
(162,529)
(155,901)
Net current assets
304,747
307,554
Total assets less current liabilities
564,229
589,091
Creditors: amounts falling due after more than one year
(357,575)
(367,862)
Provisions for liabilities
Deferred tax
(51,076)
(43,728)
Net assets
155,578
177,501
Called up share capital
100
100
Profit and loss account
155,478
177,401
Shareholders' funds
155,578
177,501
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 directors acknowledge their 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 of Directors and authorised for issue on 18 July 2024 and were signed on its behalf by
Rao Muhammad Saleem Akhtar
Director
Company Registration No. 09144921
BRITANNIA DESIGN AND PRINTING LIMITED
Notes to the Accounts
for the year ended 31 July 2023
BRITANNIA DESIGN AND PRINTING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09144921. The registered office is 73-74 LOWER DARTMOUTH STREET, BIRMINGHAM, B9 4LA.
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.
Turnover represents net invoiced for the printing services provided during the year, excluding value added tax (as appropriate).
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
At 18% Reducing Balance Basis
Fixtures & fittings
At 18% Reducing Balance Basis
Computer equipment
At 18% Reducing Balance Basis
Stocks - Work-In-Progress
Stock figure represents work-in-progress.
Work-in-progress includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 August 2022
279,308
248,791
42,826
570,925
Additions
22,350
12,554
-
34,904
At 31 July 2023
301,658
261,345
42,826
605,829
At 1 August 2022
196,655
66,813
25,920
289,388
Charge for the year
18,900
35,016
3,043
56,959
At 31 July 2023
215,555
101,829
28,963
346,347
At 31 July 2023
86,103
159,516
13,863
259,482
At 31 July 2022
82,653
181,978
16,906
281,537
BRITANNIA DESIGN AND PRINTING LIMITED
Notes to the Accounts
for the year ended 31 July 2023
Amounts falling due within one year
Trade debtors
19,293
40,523
Amounts falling due after more than one year
Other debtors
397,186
362,174
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
140,688
139,322
Taxes and social security
21,841
16,396
Loans from directors
-
183
7
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
314,633
318,883
8
Deferred taxation
2023
2022
Accelerated capital allowances
51,076
43,728
Provision at start of year
43,728
32,468
Charged to the profit and loss account
7,348
11,260
Provision at end of year
51,076
43,728
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Average number of employees
During the year the average number of employees was 19 (2022: 15).