IRIS Accounts Production v24.2.0.383 09017800 Board of Directors Board of Directors 1.5.23 30.4.24 30.4.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh090178002023-04-30090178002024-04-30090178002023-05-012024-04-30090178002022-04-30090178002022-05-012023-04-30090178002023-04-3009017800ns15:EnglandWales2023-05-012024-04-3009017800ns14:PoundSterling2023-05-012024-04-3009017800ns10:Director12023-05-012024-04-3009017800ns10:Director22023-05-012024-04-3009017800ns10:PrivateLimitedCompanyLtd2023-05-012024-04-3009017800ns10:SmallEntities2023-05-012024-04-3009017800ns10:AuditExempt-NoAccountantsReport2023-05-012024-04-3009017800ns10:SmallCompaniesRegimeForDirectorsReport2023-05-012024-04-3009017800ns10:SmallCompaniesRegimeForAccounts2023-05-012024-04-3009017800ns10:FullAccounts2023-05-012024-04-3009017800ns10:Director32023-05-012024-04-3009017800ns10:Director42023-05-012024-04-3009017800ns10:RegisteredOffice2023-05-012024-04-3009017800ns5:CurrentFinancialInstruments2024-04-3009017800ns5:CurrentFinancialInstruments2023-04-3009017800ns5:ShareCapital2024-04-3009017800ns5:ShareCapital2023-04-3009017800ns5:RetainedEarningsAccumulatedLosses2024-04-3009017800ns5:RetainedEarningsAccumulatedLosses2023-04-3009017800ns5:PlantMachinery2023-05-012024-04-3009017800ns5:PlantMachinery2023-04-3009017800ns5:PlantMachinery2024-04-3009017800ns5:PlantMachinery2023-04-3009017800ns5:WithinOneYearns5:CurrentFinancialInstruments2024-04-3009017800ns5:WithinOneYearns5:CurrentFinancialInstruments2023-04-3009017800ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2024-04-3009017800ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2023-04-3009017800ns5:WithinOneYear2024-04-3009017800ns5:WithinOneYear2023-04-3009017800ns5:BetweenOneFiveYears2024-04-3009017800ns5:BetweenOneFiveYears2023-04-3009017800ns5:AllPeriods2024-04-3009017800ns5:AllPeriods2023-04-30
REGISTERED NUMBER: 09017800 (England and Wales)

























Unaudited Financial Statements for the Year Ended 30 April 2024

for

Brazil Street Ltd

Brazil Street Ltd (Registered number: 09017800)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


Brazil Street Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTORS: P Greenhalgh
C Brown
Mrs R Brown
Mrs H Greenhalgh





REGISTERED OFFICE: Brazil Street Ltd
37 Station Road
Cheadle Hulme
SK8 5AF





REGISTERED NUMBER: 09017800 (England and Wales)





ACCOUNTANTS: IN Accountancy Limited
2 Station View
Bramhall Moor Lane
Hazel Grove
Stockport
Cheshire
SK7 5ER

Brazil Street Ltd (Registered number: 09017800)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 51,118 18,267

CURRENT ASSETS
Stocks 163,471 151,957
Debtors 5 1,297,380 1,658,485
Cash at bank and in hand 888,723 852,466
2,349,574 2,662,908
CREDITORS
Amounts falling due within one year 6 1,766,160 2,211,585
NET CURRENT ASSETS 583,414 451,323
TOTAL ASSETS LESS CURRENT
LIABILITIES

634,532

469,590

PROVISIONS FOR LIABILITIES 2,574 1,651
NET ASSETS 631,958 467,939

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 631,858 467,839
SHAREHOLDERS' FUNDS 631,958 467,939

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

Brazil Street Ltd (Registered number: 09017800)

Balance Sheet - continued
30 April 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 September 2024 and were signed on its behalf by:




C Brown - Director



P Greenhalgh - Director


Brazil Street Ltd (Registered number: 09017800)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Brazil Street Ltd 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
The financial statements are prepared in sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

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

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.
Plant and machinery etc - 25% on cost and 15% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

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

Brazil Street Ltd (Registered number: 09017800)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

2. ACCOUNTING POLICIES - continued

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 13 (2023 - 11 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 36,041
Additions 43,427
At 30 April 2024 79,468
DEPRECIATION
At 1 May 2023 17,774
Charge for year 10,576
At 30 April 2024 28,350
NET BOOK VALUE
At 30 April 2024 51,118
At 30 April 2023 18,267

5. DEBTORS
30.4.24 30.4.23
£    £   
Amounts falling due within one year:
Trade debtors 900,107 1,380,004
Other debtors 247,594 126,787
1,147,701 1,506,791

Amounts falling due after more than one year:
Other debtors 149,679 151,694

Aggregate amounts 1,297,380 1,658,485

Brazil Street Ltd (Registered number: 09017800)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 1,242,570 1,171,125
Taxation and social security 176,689 155,921
Other creditors 346,901 884,539
1,766,160 2,211,585

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30.4.24 30.4.23
£    £   
Within one year 36,387 39,160
Between one and five years - 53,887
36,387 93,047

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is considered to be the directors Mr C Brown and Mr P Greenhalgh acting in concert.