IRIS Accounts Production v24.2.0.383 07517315 director 1.4.23 31.3.24 31.3.24 false true false false true false Ordinary 1.00000 Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh075173152023-03-31075173152024-03-31075173152023-04-012024-03-31075173152022-03-31075173152022-04-012023-03-31075173152023-03-3107517315ns15:EnglandWales2023-04-012024-03-3107517315ns14:PoundSterling2023-04-012024-03-3107517315ns10:Director12023-04-012024-03-3107517315ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3107517315ns10:SmallEntities2023-04-012024-03-3107517315ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-3107517315ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3107517315ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3107517315ns10:FullAccounts2023-04-012024-03-3107517315ns10:OrdinaryShareClass12023-04-012024-03-3107517315ns10:OrdinaryShareClass22023-04-012024-03-3107517315ns10:OrdinaryShareClass32023-04-012024-03-3107517315ns10:CompanySecretary12023-04-012024-03-3107517315ns10:RegisteredOffice2023-04-012024-03-3107517315ns5:CurrentFinancialInstruments2024-03-3107517315ns5:CurrentFinancialInstruments2023-03-3107517315ns5:ShareCapital2024-03-3107517315ns5:ShareCapital2023-03-3107517315ns5:RetainedEarningsAccumulatedLosses2024-03-3107517315ns5:RetainedEarningsAccumulatedLosses2023-03-3107517315ns5:FurnitureFittings2023-04-012024-03-3107517315ns5:MotorVehicles2023-04-012024-03-3107517315ns5:FurnitureFittings2023-03-3107517315ns5:MotorVehicles2023-03-3107517315ns5:FurnitureFittings2024-03-3107517315ns5:MotorVehicles2024-03-3107517315ns5:FurnitureFittings2023-03-3107517315ns5:MotorVehicles2023-03-3107517315ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-3107517315ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3107517315ns10:OrdinaryShareClass12024-03-3107517315ns10:OrdinaryShareClass22024-03-3107517315ns10:OrdinaryShareClass32024-03-3107517315ns5:RetainedEarningsAccumulatedLosses2023-03-3107517315ns5:RetainedEarningsAccumulatedLosses2023-04-012024-03-31
REGISTERED NUMBER: 07517315 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Britstore Limited

Britstore Limited (Registered number: 07517315)






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


Britstore Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: R Price





SECRETARY:





REGISTERED OFFICE: 15 - 17
Elms Vale Road
Dover
Kent
CT17 9NZ





REGISTERED NUMBER: 07517315 (England and Wales)





ACCOUNTANTS: Susan King FCA
115 London Road
Temple Ewell
Dover
Kent
CT16 3BY

Britstore Limited (Registered number: 07517315)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,251 9,064

CURRENT ASSETS
Debtors 5 234,169 190,377
Cash at bank 315,957 230,561
550,126 420,938
CREDITORS
Amounts falling due within one year 6 109,938 93,224
NET CURRENT ASSETS 440,188 327,714
TOTAL ASSETS LESS CURRENT
LIABILITIES

447,439

336,778

CAPITAL AND RESERVES
Called up share capital 7 300 300
Retained earnings 8 447,139 336,478
SHAREHOLDERS' FUNDS 447,439 336,778

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 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.

Britstore Limited (Registered number: 07517315)

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 director and authorised for issue on 13 September 2024 and were signed by:





R Price - Director


Britstore Limited (Registered number: 07517315)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Britstore 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance

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.

Research and development
Expenditure on research and development is written off in the year in which it is incurred.


Britstore Limited (Registered number: 07517315)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
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 5 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 42,500 18,050 60,550
DEPRECIATION
At 1 April 2023 39,580 11,906 51,486
Charge for year 584 1,229 1,813
At 31 March 2024 40,164 13,135 53,299
NET BOOK VALUE
At 31 March 2024 2,336 4,915 7,251
At 31 March 2023 2,920 6,144 9,064

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 80,826 108,534
Other debtors 75,000 65,000
Directors' current accounts 59,656 -
Tax - 4,463
VAT 18,127 12,380
Prepayments 560 -
234,169 190,377

Britstore Limited (Registered number: 07517315)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 17,282 42,973
Tax 82,173 -
Social security and other taxes 2,133 1,801
Other creditors - 607
Directors' current accounts - 45,343
Accrued expenses 8,350 2,500
109,938 93,224

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary 1 100 100
100 Ordinary A 1 100 100
100 Ordinary B 1 100 100
300 300

8. RESERVES
Retained
earnings
£   

At 1 April 2023 336,478
Profit for the year 170,661
Dividends (60,000 )
At 31 March 2024 447,139