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REGISTERED NUMBER: 06228090 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

BRI-CHEZ LIMITED

BRI-CHEZ LIMITED (REGISTERED NUMBER: 06228090)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BRI-CHEZ LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: B Anderson
Mrs L M Anderson
T P Anderson
N Anderson





SECRETARY: N Anderson





REGISTERED OFFICE: The Maltings
Rosemary Lane
Halstead
Essex
CO9 1HZ





REGISTERED NUMBER: 06228090 (England and Wales)





ACCOUNTANTS: RE Group Accountants Limited
The Maltings
Rosemary Lane
Halstead
Essex
CO9 1HZ

BRI-CHEZ LIMITED (REGISTERED NUMBER: 06228090)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,662,455 1,292,762

CURRENT ASSETS
Stocks 10,000 5,000
Debtors 5 1,073,187 1,100,915
Cash at bank and in hand 32,177 40,486
1,115,364 1,146,401
CREDITORS
Amounts falling due within one year 6 1,477,993 1,386,899
NET CURRENT LIABILITIES (362,629 ) (240,498 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,299,826 1,052,264

CREDITORS
Amounts falling due after more than one
year

7

(925,429

)

(667,910

)

PROVISIONS FOR LIABILITIES (132,500 ) (184,000 )
NET ASSETS 241,897 200,354

CAPITAL AND RESERVES
Called up share capital 320 320
Share premium 24,900 24,900
Retained earnings 216,677 175,134
SHAREHOLDERS' FUNDS 241,897 200,354

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 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.

BRI-CHEZ LIMITED (REGISTERED NUMBER: 06228090)

BALANCE SHEET - continued
31 MARCH 2024


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 Board of Directors and authorised for issue on 31 August 2024 and were signed on its behalf by:





N Anderson - Director


BRI-CHEZ LIMITED (REGISTERED NUMBER: 06228090)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

Bri-Chez 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 currency of the financial statements is the Pound Sterling (£).


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 represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance, 20% on reducing balance and 10% 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 and are expected to crystalise in the foreseeable future.

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.

BRI-CHEZ LIMITED (REGISTERED NUMBER: 06228090)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 29 (2023 - 26 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Leasehold machinery
Property etc Totals
£    £    £   
COST
At 1 April 2023 89,516 2,122,310 2,211,826
Additions - 694,626 694,626
Disposals - (274,362 ) (274,362 )
At 31 March 2024 89,516 2,542,574 2,632,090
DEPRECIATION
At 1 April 2023 17,456 901,608 919,064
Charge for year 8,951 192,164 201,115
Eliminated on disposal - (150,544 ) (150,544 )
At 31 March 2024 26,407 943,228 969,635
NET BOOK VALUE
At 31 March 2024 63,109 1,599,346 1,662,455
At 31 March 2023 72,060 1,220,702 1,292,762

BRI-CHEZ LIMITED (REGISTERED NUMBER: 06228090)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 April 2023 1,734,835
Additions 694,626
Disposals (159,537 )
At 31 March 2024 2,269,924
DEPRECIATION
At 1 April 2023 580,386
Charge for year 188,297
Eliminated on disposal (76,886 )
At 31 March 2024 691,797
NET BOOK VALUE
At 31 March 2024 1,578,127
At 31 March 2023 1,154,449

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 869,767 942,537
Other debtors 203,420 158,378
1,073,187 1,100,915

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 406,834 319,594
Hire purchase contracts 422,035 317,625
Trade creditors 382,951 454,672
Taxation and social security 191,738 226,389
Other creditors 74,435 68,619
1,477,993 1,386,899

BRI-CHEZ LIMITED (REGISTERED NUMBER: 06228090)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 139,316 107,652
Hire purchase contracts 786,113 560,258
925,429 667,910

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank overdrafts 323,458 258,164
Bank loans 222,692 169,082
546,150 427,246

The bank loan is secured by fixed and floating charge over the company assets.

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Mr T Anderson owed the company £4,340. The loan is subject to interest at the HMRC rate and is repayable on demand.