Registered number: 3815365 | ||||||||
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 | ||||||||
SECRETARY | ||||||||
REGISTERED OFFICE | ||||||||
Essex | ||||||||
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 Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
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 | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 4 | |||||||||
CURRENT ASSETS | ||||||||||
Stock | ||||||||||
Debtors | 6 | |||||||||
Cash at bank and in hand | ||||||||||
618,868 | 655,676 | |||||||||
CREDITORS: Amounts falling due within one year | 7 | |||||||||
NET CURRENT ASSETS | 568,118 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
PROVISIONS FOR LIABILITIES AND CHARGES | 9 | |||||||||
NET ASSETS | ||||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 10 | |||||||||
Other reserves | 11 | 10 | 10 | |||||||
Profit and loss account | 959,036 | 968,754 | ||||||||
SHAREHOLDERS' FUNDS | ||||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
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 | ||||||||
Buildings | reducing balance 2% | |||||||
Plant and Machinery | reducing balance 25% | |||||||
Commercial Vehicles | reducing 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 | ||||||||
2. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | 8 | |||||
3. INTANGIBLE FIXED ASSETS | ||||
Purchased | ||||
Goodwill | Total | |||
£ | £ | |||
Cost | ||||
At 1 May 2023 | 13,000 | 13,000 | ||
At 30 April 2024 | 13,000 | 13,000 | ||
Depreciation | ||||
At 1 May 2023 | 13,000 | 13,000 | ||
At 30 April 2024 | 13,000 | 13,000 | ||
Net Book Amounts | ||||
At 30 April 2024 | ||||
BRENTWOOD LOCK & SAFE CO LIMITED | ||||||||
4. TANGIBLE FIXED ASSETS | ||||||||||
Land And | Plant and | |||||||||
Buildings | Machinery Etc. | Total | ||||||||
£ | £ | £ | ||||||||
Cost | ||||||||||
At 1 May 2023 | 404,333 | 47,245 | 451,578 | |||||||
Additions | - | 66,797 | 66,797 | |||||||
Disposals | - | (38,240) | (38,240) | |||||||
At 30 April 2024 | 404,333 | 75,802 | 480,135 | |||||||
Depreciation | ||||||||||
At 1 May 2023 | 24,253 | 21,460 | 45,713 | |||||||
Disposals | - | (8,674) | (8,674) | |||||||
For the year | 3,064 | 15,755 | 18,819 | |||||||
At 30 April 2024 | 27,317 | 28,541 | 55,858 | |||||||
Net Book Amounts | ||||||||||
At 30 April 2024 | 377,016 | 47,261 | 424,277 | |||||||
At 30 April 2023 | 380,080 | 25,785 | 405,865 | |||||||
Included within land and buildings is non-depreciated land of £250,000. | ||||||||||
5. STOCK | 2024 | 2023 | ||||
£ | £ | |||||
Stock comprises: | ||||||
Stock of finished goods | ||||||
6. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year: | ||||||||
Trade debtors | 62,473 | 85,452 | ||||||
Other debtors | 4,692 | 3,114 | ||||||
67,165 | 88,566 | |||||||
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Trade creditors | 15,500 | 14,691 | ||||||
Taxation and social security | 55,324 | 68,227 | ||||||
Other creditors | 3,876 | 4,640 | ||||||
74,700 | 87,558 | |||||||
BRENTWOOD LOCK & SAFE CO LIMITED | ||||||||
8. SECURED CREDITORS | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Amount of other creditors which are secured | 483 | 483 | ||||||
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 | 2024 | 2023 | ||||||
£ | £ | |||||||
Deferred taxation | 9,208 | 5,028 | ||||||
9,208 | 5,028 | |||||||
10. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
90 | 90 | |||||||
100 | 100 | |||||||
1 | 1 | |||||||
191 | 191 | |||||||
11. OTHER RESERVES | 2024 | 2023 | ||||
£ | £ | |||||
Own shares reserve | 10 | 10 | ||||
10 | 10 | |||||