Company No:
Contents
DIRECTOR | Dr C Brennan (Appointed 13 April 2023) |
REGISTERED OFFICE | C/O Francis Clark Llp Lowin House |
Tregolls Road | |
Truro | |
TR1 2NA | |
United Kingdom |
COMPANY NUMBER | 14799486 (England and Wales) |
CHARTERED ACCOUNTANTS | Francis Clark LLP |
Lowin House | |
Tregolls Road | |
Truro | |
Cornwall TR1 2NA |
Note | 30.04.2024 | |
£ | ||
Fixed assets | ||
Tangible assets | 3 |
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1,930 | ||
Current assets | ||
Cash at bank and in hand | 4 |
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2,738 | ||
Creditors: amounts falling due within one year | 5 | (
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Net current liabilities | (746) | |
Total assets less current liabilities | 1,184 | |
Net assets |
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Capital and reserves | ||
Called-up share capital | 7 |
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Profit and loss account |
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Total shareholders' funds |
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Director's responsibilities:
The financial statements of Brennan Liberty Ltd (registered number:
Dr C Brennan
Director |
The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.
Brennan Liberty Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is C/O Francis Clark Llp Lowin House, Tregolls Road, Truro, TR1 2NA, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.
Revenue from services is recognised as they are delivered.
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Plant and machinery etc. |
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Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.
Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.
Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.
Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.
Other basic financial liabilities are measured at amortised cost.
Period from 13.04.2023 to 30.04.2024 |
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Number | |
Monthly average number of persons employed by the Company during the period, including the director |
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Plant and machinery etc. | Total | ||
£ | £ | ||
Cost | |||
At 13 April 2023 |
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Additions |
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At 30 April 2024 |
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Accumulated depreciation | |||
At 13 April 2023 |
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Charge for the financial period |
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At 30 April 2024 |
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Net book value | |||
At 30 April 2024 |
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30.04.2024 | |
£ | |
Cash at bank and in hand |
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30.04.2024 | |
£ | |
Taxation and social security |
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Other creditors |
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30.04.2024 | |
£ | |
At the beginning of financial period |
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Charged to the Statement of Income and Retained Earnings | (
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At the end of financial period | (
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30.04.2024 | |
£ | |
Allotted, called-up and fully-paid | |
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