Registered number
09331909
Brackenbury Property Management Ltd
Filleted Accounts
30 November 2023
Brackenbury Property Management Ltd
Registered number: 09331909
Balance Sheet
as at 30 November 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 3,051 1,290
Current assets
Stocks 13,400 6,640
Debtors 4 8,840 30,822
Cash at bank and in hand 39,841 19,353
62,081 56,815
Creditors: amounts falling due within one year 5 (42,447) (24,130)
Net current assets 19,634 32,685
Total assets less current liabilities 22,685 33,975
Creditors: amounts falling due after more than one year 6 (8,592) (13,735)
Provisions for liabilities (580) (245)
Net assets 13,513 19,995
Capital and reserves
Called up share capital 10 10
Profit and loss account 13,503 19,985
Shareholders' funds 13,513 19,995
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Anna Sanhedrin Wieczkowski
Director
Approved by the board on 5 August 2024
Brackenbury Property Management Ltd
Notes to the Accounts
for the year ended 30 November 2023
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 4 years
Fixtures, fittings, tools and equipment over 4 years
Work in progress
Work in progress is measured at the estimated selling price less costs to complete the service.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are recognised at transaction price.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Current and deferred tax liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 4 4
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 December 2022 4,499
Additions 2,961
At 30 November 2023 7,460
Depreciation
At 1 December 2022 3,209
Charge for the year 1,200
At 30 November 2023 4,409
Net book value
At 30 November 2023 3,051
At 30 November 2022 1,290
4 Debtors 2023 2022
£ £
Trade debtors 6,740 28,722
Other debtors, prepayments and deposits 2,100 2,100
8,840 30,822
5 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 5,000 5,000
Trade creditors 5,747 1,100
Taxation and social security costs 21,426 16,099
Other creditors 10,274 1,931
42,447 24,130
6 Creditors: amounts falling due after one year 2023 2022
£ £
Bank loans 8,592 13,735
7 Other information
Brackenbury Property Management Ltd is a private company limited by shares and incorporated in England. Its registered office is:
54 Gresham Road
Uxbridge
UB10 0HU
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