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REGISTERED NUMBER: 00957165 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Bramah Security Centres Limited

Bramah Security Centres Limited (Registered number: 00957165)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Bramah Security Centres Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: Jeremy L Bramah





REGISTERED OFFICE: 7 Goodge Place
Fitzrovia
London
W1T 4SF





REGISTERED NUMBER: 00957165 (England and Wales)





ACCOUNTANTS: Shah Dodhia & Co
173 Cleveland Street
London
W1T 6QR

Bramah Security Centres Limited (Registered number: 00957165)

Balance Sheet
31 December 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible assets 5 6,791 8,321

CURRENT ASSETS
Stocks 146,226 142,822
Debtors 6 96,595 363,028
Cash at bank and in hand 8,240 21,480
251,061 527,330
CREDITORS
Amounts falling due within one year 7 1,406,350 1,708,621
NET CURRENT LIABILITIES (1,155,289 ) (1,181,291 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,148,498

)

(1,172,970

)

CAPITAL AND RESERVES
Called up share capital 5,000 5,000
Equity reserves 102,983 102,983
Retained earnings (1,256,481 ) (1,280,953 )
(1,148,498 ) (1,172,970 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

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 24 September 2024 and were signed by:





Jeremy L Bramah - Director


Bramah Security Centres Limited (Registered number: 00957165)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Bramah Security Centres 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. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern
The financial statements have been prepared on a going concern basis in view of the assurance given by the parent company that it will provide sufficient funding to the company to enable it to meet liabilities as they fall due, for at least the next twelve months.

Turnover
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.

In respect of long term contracts and contracts for on-going services, turnover represents the value of work done in the year, including estimates of amounts not invoiced. Turnover in respect of long term contracts and contracts for on-going services is recognised by reference to the stage of completion.

Bramah Security Centres Limited (Registered number: 00957165)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

3. ACCOUNTING POLICIES - continued

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Leasehold - Over the term of lease
Plant and machinery - 25% on cost
Computer equipment - 25% on cost

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

Stocks
Stocks are valued at the lower of cost and net realisable value.

Cost is calculated as follows:

Raw Materials - Cost of purchase on first in, first out basis.
Work in Progress - Cost of raw material and labour, together with attributable overheads based on the normal level of activity.

Net realisable value is based on estimated selling price less further costs to completion and disposal.

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.

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.

Bramah Security Centres Limited (Registered number: 00957165)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 8 ) .

5. TANGIBLE FIXED ASSETS
Plant and Motor Computer
Leasehold machinery vehicles equipment Totals
£ £ £ £ £
COST
At 1 January 2023
and 31 December 2023 16,969 59,404 8,732 10,385 95,490
DEPRECIATION
At 1 January 2023 9,702 59,030 8,732 9,705 87,169
Charge for year 1,132 125 - 273 1,530
At 31 December 2023 10,834 59,155 8,732 9,978 88,699
NET BOOK VALUE
At 31 December 2023 6,135 249 - 407 6,791
At 31 December 2022 7,267 374 - 680 8,321

6. DEBTORS
2023 2022
£ £
Amounts falling due within one year:
Trade debtors 80,610 103,295
Other debtors 15,985 4,722
96,595 108,017

Amounts falling due after more than one year:
Amounts owed by group undertakings - 255,011

Aggregate amounts 96,595 363,028

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade creditors 47,998 16,851
Social security and other taxes 368 -
VAT 23,697 31,477
Amounts owed to related Co OPI 1,229,615 1,544,558
Other creditors 13,376 12,908
Accrued expenses 91,296 102,827
1,406,350 1,708,621