IRIS Accounts Production v24.1.4.33 04966045 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure049660452022-12-31049660452023-12-31049660452023-01-012023-12-31049660452022-03-31049660452022-04-012022-12-31049660452022-12-3104966045ns16:EnglandWales2023-01-012023-12-3104966045ns15:PoundSterling2023-01-012023-12-3104966045ns11:Director12023-01-012023-12-3104966045ns11:PrivateLimitedCompanyLtd2023-01-012023-12-3104966045ns11:SmallEntities2023-01-012023-12-3104966045ns11:AuditExempt-NoAccountantsReport2023-01-012023-12-3104966045ns11:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3104966045ns11:SmallCompaniesRegimeForAccounts2023-01-012023-12-3104966045ns11:FullAccounts2023-01-012023-12-310496604512023-01-012023-12-3104966045ns11:OrdinaryShareClass12023-01-012023-12-3104966045ns11:Director22023-01-012023-12-3104966045ns11:CompanySecretary12023-01-012023-12-3104966045ns11:RegisteredOffice2023-01-012023-12-3104966045ns6:CurrentFinancialInstruments2023-12-3104966045ns6:CurrentFinancialInstruments2022-12-3104966045ns6:ShareCapital2023-12-3104966045ns6:ShareCapital2022-12-3104966045ns6:CapitalRedemptionReserve2023-12-3104966045ns6:CapitalRedemptionReserve2022-12-3104966045ns6:RetainedEarningsAccumulatedLosses2023-12-3104966045ns6:RetainedEarningsAccumulatedLosses2022-12-3104966045ns6:NetGoodwill2023-01-012023-12-3104966045ns6:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3104966045ns6:ShortLeaseholdAssetsns6:LandBuildings2023-01-012023-12-3104966045ns6:FurnitureFittings2023-01-012023-12-3104966045ns6:ComputerEquipment2023-01-012023-12-3104966045ns6:NetGoodwill2023-12-3104966045ns6:LandBuildings2022-12-3104966045ns6:PlantMachinery2022-12-3104966045ns6:LandBuildings2023-01-012023-12-3104966045ns6:PlantMachinery2023-01-012023-12-3104966045ns6:LandBuildings2023-12-3104966045ns6:PlantMachinery2023-12-3104966045ns6:LandBuildings2022-12-3104966045ns6:PlantMachinery2022-12-3104966045ns6:WithinOneYearns6:CurrentFinancialInstruments2023-12-3104966045ns6:WithinOneYearns6:CurrentFinancialInstruments2022-12-3104966045ns11:OrdinaryShareClass12023-12-31
REGISTERED NUMBER: 04966045 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Bradstyle Limited

Bradstyle Limited (Registered number: 04966045)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bradstyle Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mr N J P D Gunn
Mr P C Meehan





SECRETARY: Mrs K F Gunn





REGISTERED OFFICE: First Floor
9 St James Business Park
Knaresborough
North Yorkshire
HG5 8QB





REGISTERED NUMBER: 04966045 (England and Wales)





ACCOUNTANTS: Harris & Co Limited
Chartered Accountants
Marland House
13 Huddersfield Road
Barnsley
South Yorkshire
S70 2LW

Bradstyle Limited (Registered number: 04966045)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 174,252 -
Tangible assets 6 15,492 11,264
189,744 11,264

CURRENT ASSETS
Debtors 7 452,484 290,634
Cash at bank and in hand 98,852 235,999
551,336 526,633
CREDITORS
Amounts falling due within one year 8 159,099 90,558
NET CURRENT ASSETS 392,237 436,075
TOTAL ASSETS LESS CURRENT
LIABILITIES

581,981

447,339

PROVISIONS FOR LIABILITIES 2,948 2,530
NET ASSETS 579,033 444,809

CAPITAL AND RESERVES
Called up share capital 9 900 900
Capital redemption reserve 100 100
Retained earnings 578,033 443,809
SHAREHOLDERS' FUNDS 579,033 444,809

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the Company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the Company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the Company.

Bradstyle Limited (Registered number: 04966045)

Balance Sheet - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2024 and were signed on its behalf by:





Mr N J P D Gunn - Director


Bradstyle Limited (Registered number: 04966045)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Bradstyle Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation and functional currency of the financial statements is the Pound Sterling (£).

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared on a going concern basis under the historical cost convention.

Significant judgements and estimates
The principal accounting policies and significant judgements and estimates applied in the preparation of these financial statements are set out below. These policies, judgements and estimates have been consistently applied to all years presented unless otherwise stated.

Turnover
Turnover represents amounts earned on goods and services provided during the year and derives from the provision of goods and services falling within the company's ordinary activities.

Goodwill
Client lists, being the amount paid in connection with the acquisition of a business in 2023, is being subject to a fair value assessment at the balance sheet date and any necessary adjustments made.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - Straight line over 5 years
Fixtures and fittings - 10 to 33% straight line on cost
Computer equipment - straight line over 3 years

All fixed assets are initially recorded at cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Bradstyle Limited (Registered number: 04966045)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

3. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 3 ) .

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 174,252
At 31 December 2023 174,252
NET BOOK VALUE
At 31 December 2023 174,252

Bradstyle Limited (Registered number: 04966045)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

6. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2023 - 51,928 51,928
Additions 4,084 5,225 9,309
Disposals - (20,414 ) (20,414 )
At 31 December 2023 4,084 36,739 40,823
DEPRECIATION
At 1 January 2023 - 40,664 40,664
Charge for year 749 4,332 5,081
Eliminated on disposal - (20,414 ) (20,414 )
At 31 December 2023 749 24,582 25,331
NET BOOK VALUE
At 31 December 2023 3,335 12,157 15,492
At 31 December 2022 - 11,264 11,264

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 10,632 29,045
Other debtors 441,852 261,589
452,484 290,634

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 23,427 15,354
Taxation and social security 43,897 58,201
Other creditors 91,775 17,003
159,099 90,558

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
900 Ordinary £1 900 900