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REGISTERED NUMBER: 06504497 (England and Wales)













Audited Financial Statements

for the Year Ended 31 March 2024

for

The Bronte Genius Company Limited

The Bronte Genius Company Limited (Registered number: 06504497)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


The Bronte Genius Company Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: R P Edwards
A J Midgley
D Mills
R J Yorke



REGISTERED OFFICE: The Bronte Parsonage Museum
Church Street
Haworth
KEIGHLEY
West Yorkshire
BD22 8DR



REGISTERED NUMBER: 06504497 (England and Wales)



SENIOR STATUTORY AUDITOR: Christopher Beaumont BA (Hons) BFP FCA DChA



AUDITORS: Clive Owen LLP
Chartered Accountants
& Statutory Auditors
140 Coniscliffe Road
Darlington
County Durham
DL3 7RT

The Bronte Genius Company Limited (Registered number: 06504497)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Stocks 4 49,185 59,591
Debtors 5 983 475
Cash at bank and in hand 82,865 45,954
133,033 106,020
CREDITORS
Amounts falling due within one year 6 70,511 70,016
NET CURRENT ASSETS 62,522 36,004
TOTAL ASSETS LESS CURRENT
LIABILITIES

62,522

36,004

CAPITAL AND RESERVES
Called up share capital 7 25,100 25,100
Retained earnings 37,422 10,904
SHAREHOLDERS' FUNDS 62,522 36,004

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 23 July 2024 and were signed on its behalf by:





A J Midgley - Director


The Bronte Genius Company Limited (Registered number: 06504497)

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

1. STATUTORY INFORMATION

The Bronte Genius Company 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 prior reporting period spans 15 months and therefore comparatives are not entirely comparable.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention.

There were no material departures from that standard.

The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.

Going concern
The Brontë Society, the parent charity, has confirmed that it intends, and has the ability, to provide continuing financial support to The Brontë Genius Company Limited to enable the company to meet its liabilities as and when they fall due for payment and will continue to provide financial support for a period of at least twelve months from the date of approval of The Brontë Genius Company Limited's financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group. All transactions were concluded under normal market conditions.

Significant judgements and estimates
Stock provisions - Management applies procedures to identify defective, show moving and obsolete stock. The value of stock is reduced by the deficit between cost and estimated net realisable value of the stock in the form of a stock provision.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Income recognition
Turnover is recognised at point of sale, at which the risks and rewards of the goods are transferred to the customer.

Stocks
Stocks are valued at the lower of cost and estimated selling price less costs to sell.

Financial instruments
Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.


The Bronte Genius Company Limited (Registered number: 06504497)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued
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.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. STOCKS
2024 2023
£    £   
Finished goods and goods for resale 49,185 59,591

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Prepayments and accrued income 983 475

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 554 736
Amounts owed to group undertakings 64,032 62,677
Accruals and deferred income 5,925 6,603
70,511 70,016

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
25,100 Ordinary £1 25,100 25,100

The Bronte Genius Company Limited (Registered number: 06504497)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

8. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Christopher Beaumont BA (Hons) BFP FCA DChA (Senior Statutory Auditor)
for and on behalf of Clive Owen LLP

9. ULTIMATE PARENT COMPANY

The Brontë Society, a charitable company incorporated in England & Wales, is regarded by the directors as being the company's ultimate parent company. The registered office of the The Brontë Society is The Brontë Parsonage Museum, Haworth, Keighley, West Yorkshire, BD22 8DR.