Bramble Build Ltd 12174653 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is purchase of buy to let properties and rental Digita Accounts Production Advanced 6.30.9574.0 true true 12174653 2023-04-01 2024-03-31 12174653 2024-03-31 12174653 bus:OrdinaryShareClass1 2024-03-31 12174653 core:CurrentFinancialInstruments 2024-03-31 12174653 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 12174653 core:Non-currentFinancialInstruments 2024-03-31 12174653 core:Non-currentFinancialInstruments core:AfterOneYear 2024-03-31 12174653 bus:SmallEntities 2023-04-01 2024-03-31 12174653 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 12174653 bus:FullAccounts 2023-04-01 2024-03-31 12174653 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 12174653 bus:RegisteredOffice 2023-04-01 2024-03-31 12174653 bus:Director1 2023-04-01 2024-03-31 12174653 bus:Director2 2023-04-01 2024-03-31 12174653 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 12174653 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 12174653 countries:UnitedKingdom 2023-04-01 2024-03-31 12174653 2023-03-31 12174653 2022-04-01 2023-03-31 12174653 2023-03-31 12174653 bus:OrdinaryShareClass1 2023-03-31 12174653 core:CurrentFinancialInstruments 2023-03-31 12174653 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 12174653 core:Non-currentFinancialInstruments 2023-03-31 12174653 core:Non-currentFinancialInstruments core:AfterOneYear 2023-03-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 12174653

Bramble Build Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2024

 

Bramble Build Ltd

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

Bramble Build Ltd

(Registration number: 12174653)
Balance Sheet as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Investment property

4

401,669

300,413

Current assets

 

Debtors

5

400

760

Investments

6

1

1

Cash at bank and in hand

 

5,598

92,348

 

5,999

93,109

Creditors: Amounts falling due within one year

7

(143,667)

(139,391)

Net current liabilities

 

(137,668)

(46,282)

Total assets less current liabilities

 

264,001

254,131

Creditors: Amounts falling due after more than one year

7

(218,659)

(218,659)

Net assets

 

45,342

35,472

Capital and reserves

 

Called up share capital

8

200

200

Retained earnings

45,142

35,272

Shareholders' funds

 

45,342

35,472

For the financial 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 26 July 2024 and signed on its behalf by:
 

Mr T Reed
Director

Mr B L Ferraby
Director

 
     
 

Bramble Build Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
Parkhill Studio
Walton Road
Wetherby
West Yorkshire
LS22 5DZ
England

2

Accounting policies

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

 

Bramble Build Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

4

Investment properties

2024
£

At 1 April

300,413

Additions

101,256

At 31 March

401,669

There has been no valuation of investment property by an independent valuer.

5

Debtors

Current

2024
£

2023
£

Prepayments

-

110

Other debtors

400

650

 

400

760

6

Current asset investments

2024
£

2023
£

Other investments

1

1

 

Bramble Build Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

7

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

9

139,398

135,122

Accruals and deferred income

 

996

996

Other creditors

 

3,273

3,273

 

143,667

139,391

Creditors: amounts falling due after more than one year

Note

2024
£

2023
£

Due after one year

 

Loans and borrowings

9

218,659

218,659

8

Share capital

Allotted, called up and fully paid shares

2024

2023

No.

£

No.

£

Ordinary Shares of £1 each

200

200

200

200

       

9

Loans and borrowings

Non-current loans and borrowings

2024
£

2023
£

Bank borrowings

218,659

218,659

Current loans and borrowings

2024
£

2023
£

Other borrowings

139,398

135,122