Silverfin false false 30/04/2024 13/04/2023 30/04/2024 Dr C Brennan 13/04/2023 20 August 2024 The principal activity of the company during the year was the provision of medical consultancy services. 14799486 2024-04-30 14799486 bus:Director1 2024-04-30 14799486 core:CurrentFinancialInstruments 2024-04-30 14799486 core:ShareCapital 2024-04-30 14799486 core:RetainedEarningsAccumulatedLosses 2024-04-30 14799486 core:OtherPropertyPlantEquipment 2023-04-12 14799486 2023-04-12 14799486 core:OtherPropertyPlantEquipment 2024-04-30 14799486 bus:OrdinaryShareClass1 2024-04-30 14799486 2023-04-13 2024-04-30 14799486 bus:FilletedAccounts 2023-04-13 2024-04-30 14799486 bus:SmallEntities 2023-04-13 2024-04-30 14799486 bus:AuditExemptWithAccountantsReport 2023-04-13 2024-04-30 14799486 bus:PrivateLimitedCompanyLtd 2023-04-13 2024-04-30 14799486 bus:Director1 2023-04-13 2024-04-30 14799486 core:OtherPropertyPlantEquipment 2023-04-13 2024-04-30 14799486 bus:OrdinaryShareClass1 2023-04-13 2024-04-30 iso4217:GBP xbrli:pure xbrli:shares

Company No: 14799486 (England and Wales)

BRENNAN LIBERTY LTD

Unaudited Financial Statements
For the financial period from 13 April 2023 to 30 April 2024
Pages for filing with the registrar

BRENNAN LIBERTY LTD

Unaudited Financial Statements

For the financial period from 13 April 2023 to 30 April 2024

Contents

BRENNAN LIBERTY LTD

COMPANY INFORMATION

For the financial period from 13 April 2023 to 30 April 2024
BRENNAN LIBERTY LTD

COMPANY INFORMATION (continued)

For the financial period from 13 April 2023 to 30 April 2024
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
BRENNAN LIBERTY LTD

BALANCE SHEET

As at 30 April 2024
BRENNAN LIBERTY LTD

BALANCE SHEET (continued)

As at 30 April 2024
Note 30.04.2024
£
Fixed assets
Tangible assets 3 1,930
1,930
Current assets
Cash at bank and in hand 4 2,738
2,738
Creditors: amounts falling due within one year 5 ( 3,484)
Net current liabilities (746)
Total assets less current liabilities 1,184
Net assets 1,184
Capital and reserves
Called-up share capital 7 10
Profit and loss account 1,174
Total shareholders' funds 1,184

For the financial period ending 30 April 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Brennan Liberty Ltd (registered number: 14799486) were approved and authorised for issue by the Director on 20 August 2024. They were signed on its behalf by:

Dr C Brennan
Director
BRENNAN LIBERTY LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 13 April 2023 to 30 April 2024
BRENNAN LIBERTY LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 13 April 2023 to 30 April 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

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 £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.

Revenue from services is recognised as they are delivered.

Taxation

Current tax
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.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Plant and machinery etc. 20 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

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.

2. Employees

Period from
13.04.2023 to
30.04.2024
Number
Monthly average number of persons employed by the Company during the period, including the director 0

3. Tangible assets

Plant and machinery etc. Total
£ £
Cost
At 13 April 2023 0 0
Additions 1,997 1,997
At 30 April 2024 1,997 1,997
Accumulated depreciation
At 13 April 2023 0 0
Charge for the financial period 67 67
At 30 April 2024 67 67
Net book value
At 30 April 2024 1,930 1,930

4. Cash and cash equivalents

30.04.2024
£
Cash at bank and in hand 2,738

5. Creditors: amounts falling due within one year

30.04.2024
£
Taxation and social security 202
Other creditors 3,282
3,484

6. Deferred tax

30.04.2024
£
At the beginning of financial period 0
Charged to the Statement of Income and Retained Earnings ( 367)
At the end of financial period ( 367)

7. Called-up share capital

30.04.2024
£
Allotted, called-up and fully-paid
10 Ordinary shares of £ 1.00 each 10