Britcent Ltd
Registered number: 09408130
Balance Sheet
as at 31 January 2024
Notes 2024 2023
£ £
Current assets
Debtors 3 50,155 52,292
Cash at bank and in hand 12,463 1,291
62,618 53,583
Creditors: amounts falling due within one year 4 (84,510) (62,315)
Net current liabilities (21,892) (8,732)
Total assets less current liabilities (21,892) (8,732)
Creditors: amounts falling due after more than one year 5 (15,061) (17,271)
Net liabilities (36,953) (26,003)
Capital and reserves
Called up share capital 1,000 1,000
Profit and loss account (37,953) (27,003)
Shareholders' funds (36,953) (26,003)
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.
S B Shim
Director
Approved by the board on 27 August 2024
Britcent Ltd
Notes to the Accounts
for the year ended 31 January 2024
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. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, 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 initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 14 13
3 Debtors 2024 2023
£ £
Other debtors 50,155 52,292
4 Creditors: amounts falling due within one year 2024 2023
£ £
Other taxes and social security costs 6,858 7,349
Other creditors 77,652 54,966
84,510 62,315
5 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 15,061 17,271
6 Other information
Britcent Ltd is a private company limited by shares and incorporated in England. Its registered office is:
7 Bell Yard
London
WC2A 2JR
Britcent Ltd 09408130 false 2023-02-01 2024-01-31 2024-01-31 VT Final Accounts April 2024 S B Shim No description of principal activity 09408130 2022-02-01 2023-01-31 09408130 core:WithinOneYear 2023-01-31 09408130 core:AfterOneYear 2023-01-31 09408130 core:ShareCapital 2023-01-31 09408130 core:RetainedEarningsAccumulatedLosses 2023-01-31 09408130 2023-02-01 2024-01-31 09408130 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 09408130 bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 09408130 bus:Director40 2023-02-01 2024-01-31 09408130 1 2023-02-01 2024-01-31 09408130 2 2023-02-01 2024-01-31 09408130 countries:England 2023-02-01 2024-01-31 09408130 bus:FRS102 2023-02-01 2024-01-31 09408130 bus:FilletedAccounts 2023-02-01 2024-01-31 09408130 2024-01-31 09408130 core:WithinOneYear 2024-01-31 09408130 core:AfterOneYear 2024-01-31 09408130 core:ShareCapital 2024-01-31 09408130 core:RetainedEarningsAccumulatedLosses 2024-01-31 09408130 2023-01-31 iso4217:GBP xbrli:pure