Company registration number 04916764 (England and Wales)
BRANDONS (HAMLEY) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
BRANDONS (HAMLEY) LIMITED
COMPANY INFORMATION
Directors
Mr D Brandon
Mrs K Brandon
Secretary
Mrs K Brandon
Company number
04916764
Registered office
Port Lane Farm
Port Lane
Abbots Bromley
Rugeley
Staffordshire
WS15 3DT
Accountants
HSKS Greenhalgh Ltd
Charlotte House
Stanier Way
The Wyvern Business Park
Derby
DE21 6BF
Business address
Port Lane Farm
Port Lane
Abbots Bromley
Rugeley
Staffordshire
WS15 3DT
BRANDONS (HAMLEY) LIMITED
CONTENTS
Page
Accountants' report
1
Statement of financial position and notes to the financial statements
2 - 3
BRANDONS (HAMLEY) LIMITED
CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF BRANDONS (HAMLEY) LIMITED FOR THE YEAR ENDED 31 MARCH 2024
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Brandons (Hamley) Limited for the year ended 31 March 2024, which comprise the statement of financial position, from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.
This report is made solely to the board of directors of Brandons (Hamley) Limited, as a body, in accordance with the terms of our engagement letter 18 November 2021. Our work has been undertaken solely to prepare for your approval the financial statements of Brandons (Hamley) Limited and state those matters that we have agreed to state to the board of directors of Brandons (Hamley) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Brandons (Hamley) Limited and its board of directors as a body, for our work or for this report.
It is your duty to ensure that Brandons (Hamley) Limited has kept adequate accounting records and to prepare statutory financial statements that comply with the requirements of the Companies Act 2006. You consider that Brandons (Hamley) Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Brandons (Hamley) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
HSKS Greenhalgh Ltd
31 July 2024
HSKS Greenhalgh Ltd is part of the Dains Group
Charlotte House
Stanier Way
The Wyvern Business Park
Derby
DE21 6BF
BRANDONS (HAMLEY) LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
31 MARCH 2024
31 March 2024
- 2 -
2024
2023
£
£
£
£
Fixed assets
173,356
9,364
Current assets
86,427
239,357
Creditors: amounts falling due within one year
(8,833)
(14,950)
Net current assets
77,594
224,407
Total assets less current liabilities
250,950
233,771
Net assets
250,950
233,771
Capital and reserves
250,950
233,771
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
Throughout the year a director, held a loan account with the company. As at the balance sheet date £10,742 (2023 - £229,252) was due to the company from the director. The maximum amount outstanding due to the company during the year was £253,110 (2023 - £354,538). The loan is repayable on demand and is subject to interest on overdrawn amounts at HM Revenue & Customs approved rates. Outstanding balances at the year end date are included in debtors.
During the year the company purchased freehold property from a director at its open market value of £160,000.
During the previous year the company sold all of its leasehold assets to a director for £347,222.
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2024
2023
Number
Number
Employees
Brandons (Hamley) Limited is a private company limited by shares incorporated in England and Wales. The registered office is Port Lane Farm, Port Lane, Abbots Bromley, Rugeley, Staffordshire, WS15 3DT.
For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
BRANDONS (HAMLEY) LIMITED
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT
31 MARCH 2024
31 March 2024
- 3 -
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and the provisions applicable to companies subject to the small companies regime.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary
amounts in these financial statements are rounded to the nearest £.
The directors of the company have elected not to include a copy of the income statement within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 31 July 2024 and are signed on its behalf by:
Mr D Brandon
Director
Company registration number 04916764 (England and Wales)