Company Registration No. 14318415 (England and Wales)
Braccio Limited
Unaudited accounts
for the year ended 31 March 2024
Braccio Limited
Unaudited accounts
Contents
Braccio Limited
Company Information
for the year ended 31 March 2024
Directors
Mr Mark Stone
Mr Andrew Cater
Company Number
14318415 (England and Wales)
Registered Office
8 Algores Way
Wisbech
PE13 2TQ
England
Accountants
Acumo-Accountancy Ltd
61 Bridge Street
Kington
Cambridgeshire
HR5 3DJ
Braccio Limited
Statement of financial position
as at 31 March 2024
Tangible assets
45,993
12,321
Cash at bank and in hand
50,279
43,891
Creditors: amounts falling due within one year
(40,309)
(51,634)
Net current assets
58,096
99,887
Total assets less current liabilities
104,089
112,208
Creditors: amounts falling due after more than one year
894
(39,106)
Called up share capital
200
200
Profit and loss account
104,783
72,902
Shareholders' funds
104,983
73,102
For the year ending 31 March 2024 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 2 August 2024 and were signed on its behalf by
Mr Andrew Cater
Director
Company Registration No. 14318415
Braccio Limited
Notes to the Accounts
for the year ended 31 March 2024
Braccio Limited is a private company, limited by shares, registered in England and Wales, registration number 14318415. The registered office is 8 Algores Way, Wisbech, PE13 2TQ, England.
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:
Plant & machinery
Reducing Balance
Motor vehicles
Reducing Balance
Fixtures & fittings
Reducing Balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2023
9,160
-
750
3,339
13,249
Additions
24,146
20,500
-
-
44,646
At 31 March 2024
33,306
20,500
750
3,339
57,895
At 1 April 2023
584
-
344
-
928
Charge for the year
8,723
295
287
1,669
10,974
At 31 March 2024
9,307
295
631
1,669
11,902
At 31 March 2024
23,999
20,205
119
1,670
45,993
At 31 March 2023
8,576
-
406
3,339
12,321
Braccio Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
44,248
104,030
Accrued income and prepayments
3,878
3,600
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
15,574
30,274
Taxes and social security
24,085
15,225
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
(894)
39,106
8
Average number of employees
During the year the average number of employees was 4 (2023: 2).