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REGISTERED NUMBER: 04516752 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

BRUNSWICK TRADING LIMITED

BRUNSWICK TRADING LIMITED (REGISTERED NUMBER: 04516752)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BRUNSWICK TRADING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTOR: S Patel





SECRETARY: A Patel





REGISTERED OFFICE: 116 Goodmayes Road
Ilford
Essex
IG3 9UZ





REGISTERED NUMBER: 04516752 (England and Wales)





ACCOUNTANTS: Ashfords Partnership LLP
114 - 116 Goodmayes Road
Ilford
Essex
IG3 9UZ

BRUNSWICK TRADING LIMITED (REGISTERED NUMBER: 04516752)

BALANCE SHEET
30 NOVEMBER 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 20,834 70,834
Tangible assets 5 1,394,581 1,365,955
1,415,415 1,436,789

CURRENT ASSETS
Stocks 182,995 173,110
Debtors 6 755,439 565,590
Cash at bank and in hand 5,083,026 4,802,487
6,021,460 5,541,187
CREDITORS
Amounts falling due within one year 7 1,378,085 1,414,502
NET CURRENT ASSETS 4,643,375 4,126,685
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,058,790

5,563,474

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 6,058,690 5,563,374
SHAREHOLDERS' FUNDS 6,058,790 5,563,474

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14 July 2024 and were signed by:





S Patel - Director


BRUNSWICK TRADING LIMITED (REGISTERED NUMBER: 04516752)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023


1. STATUTORY INFORMATION

Brunswick Trading 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.

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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of twenty years.

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.
Land and buildings - 2% on cost
Plant and machinery etc - 15% on reducing balance and 2% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

BRUNSWICK TRADING LIMITED (REGISTERED NUMBER: 04516752)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 19 ).

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2022
and 30 November 2023 1,000,000
AMORTISATION
At 1 December 2022 929,166
Charge for year 50,000
At 30 November 2023 979,166
NET BOOK VALUE
At 30 November 2023 20,834
At 30 November 2022 70,834

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
Freehold Short to and
property leasehold property fittings Totals
£    £    £    £    £   
COST
At 1 December 2022 1,054,647 9,184 497,530 7,467 1,568,828
Additions - - 61,000 - 61,000
At 30 November 2023 1,054,647 9,184 558,530 7,467 1,629,828
DEPRECIATION
At 1 December 2022 101,548 - 94,592 6,733 202,873
Charge for year 21,093 - 11,171 110 32,374
At 30 November 2023 122,641 - 105,763 6,843 235,247
NET BOOK VALUE
At 30 November 2023 932,006 9,184 452,767 624 1,394,581
At 30 November 2022 953,099 9,184 402,938 734 1,365,955

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade debtors 459,578 468,041
Other debtors 295,861 97,549
755,439 565,590

BRUNSWICK TRADING LIMITED (REGISTERED NUMBER: 04516752)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.11.22
£    £   
Trade creditors 1,195,521 1,166,996
Taxation and social security 173,394 236,771
Other creditors 9,170 10,735
1,378,085 1,414,502