3815365falselocksmiths, retailers of safes, security accessories and office furniture2023-05-012024-04-30http://www.companieshouse.gov.uk/2023-04-30http://www.companieshouse.gov.uk/cd:CompanySecretary12023-05-012024-04-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-04-30http://www.companieshouse.gov.uk/cd:Director12023-05-012024-04-30http://www.companieshouse.gov.uk/pt:ShareCapital2024-04-30http://www.companieshouse.gov.uk/cd:Director22023-05-012024-04-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-05-012024-04-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-05-012024-04-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22023-05-012024-04-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass32023-05-012024-04-30http://www.companieshouse.gov.uk/pt:NetGoodwill2024-04-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-05-012024-04-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-04-30http://www.companieshouse.gov.uk/pt:NetGoodwill2023-05-012024-04-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-04-30http://www.companieshouse.gov.uk/2023-05-012024-04-30http://www.companieshouse.gov.uk/2023-04-30http://www.companieshouse.gov.uk/cd:FRS1022023-05-012024-04-30http://www.companieshouse.gov.uk/2024-04-30http://www.companieshouse.gov.uk/cd:FullAccounts2023-05-012024-04-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-05-012024-04-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 3815365
BRENTWOOD LOCK & SAFE CO LIMITED
ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2024
Prepared By:
McMillan Rose & Co Ltd
Chartered Certified Accountants
Haltgate House
52A Hullbridge Road
South Woodham Ferrers
Essex
CM3 5NH
BRENTWOOD LOCK & SAFE CO LIMITED
ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2024
DIRECTORS
Mr L Jones
Mrs K Jones
SECRETARY
Mrs K Jones
REGISTERED OFFICE
133a Ongar Road
Brentwood
Essex
CM15 9DL
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 3815365
ACCOUNTANTS
McMillan Rose & Co Ltd
Chartered Certified Accountants
Haltgate House
52A Hullbridge Road
South Woodham Ferrers
Essex
CM3 5NH
BRENTWOOD LOCK & SAFE CO LIMITED
ACCOUNTS
FOR THEYEARENDED30 APRIL 2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
BRENTWOOD LOCK & SAFE CO LIMITED
BALANCE SHEET AT 30 April 2024
20242023
Notes££
FIXED ASSETS
Tangible assets4424,277405,865
CURRENT ASSETS
Stock42,80019,162
Debtors667,16588,566
Cash at bank and in hand508,903547,948
618,868655,676
CREDITORS: Amounts falling due within one year774,70087,558
NET CURRENT ASSETS544,168568,118
TOTAL ASSETS LESS CURRENT LIABILITIES968,445973,983
PROVISIONS FOR LIABILITIES AND CHARGES99,2085,028
NET ASSETS959,237968,955
CAPITAL AND RESERVES
Called up share capital10191191
Other reserves111010
Profit and loss account959,036968,754
SHAREHOLDERS' FUNDS959,237968,955
For the year ending 30 April 2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 8 August 2024 and signed on their behalf by
.............................
Mr L Jones
Director
.............................
Mrs K Jones
Director
BRENTWOOD LOCK & SAFE CO LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30 APRIL 2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Buildingsreducing balance 2%
Plant and Machineryreducing balance 25%
Commercial Vehiclesreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life of five years.
2. EMPLOYEES
20242023
No.No.
Average number of employees78
3. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 1 May 202313,00013,000
At 30 April 202413,00013,000
Depreciation
At 1 May 202313,00013,000
At 30 April 202413,00013,000
Net Book Amounts
At 30 April 2024--
BRENTWOOD LOCK & SAFE CO LIMITED
4. TANGIBLE FIXED ASSETS
Land AndPlant and
BuildingsMachinery Etc.Total
£££
Cost
At 1 May 2023404,33347,245451,578
Additions-66,79766,797
Disposals-(38,240)(38,240)
At 30 April 2024404,33375,802480,135
Depreciation
At 1 May 202324,25321,46045,713
Disposals-(8,674)(8,674)
For the year3,06415,75518,819
At 30 April 202427,31728,54155,858
Net Book Amounts
At 30 April 2024377,01647,261424,277
At 30 April 2023380,08025,785405,865
Included within land and buildings is non-depreciated land of £250,000.
5. STOCK 20242023
££
Stock comprises:
Stock of finished goods42,80019,162
42,80019,162
6. DEBTORS 20242023
££
Amounts falling due within one year:
Trade debtors62,47385,452
Other debtors4,6923,114
67,16588,566
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Trade creditors15,50014,691
Taxation and social security55,32468,227
Other creditors3,8764,640
74,70087,558
BRENTWOOD LOCK & SAFE CO LIMITED
8. SECURED CREDITORS
20242023
££
Amount of other creditors which are secured483483
The company has given a charge over the company's property to Mr L Jones and Mrs K Jones. The amount outstanding at the year end was £483.
9. PROVISIONS FOR LIABILITIES 20242023
££
Deferred taxation9,2085,028
9,2085,028
10. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
90 Ordinary shares of £1 each9090
100 Class B shares of £1 each100100
1 Class C shares of £1 each11
191191
11. OTHER RESERVES 20242023
££
Own shares reserve1010
1010