BRANDFOLD HIGH PERFORMANCE LIMITED

Company Registration Number:
13823512 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

BRANDFOLD HIGH PERFORMANCE LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

BRANDFOLD HIGH PERFORMANCE LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 3,198 0
Total fixed assets: 3,198 0
Current assets
Stocks: 13,140 13,507
Debtors: 4 3,754 3,671
Cash at bank and in hand: 2,201 1,968
Total current assets: 19,095 19,146
Creditors: amounts falling due within one year: 5 (22,965) (19,534)
Net current assets (liabilities): (3,870) (388)
Total assets less current liabilities: (672) (388)
Total net assets (liabilities): (672) (388)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (772) (488)
Shareholders funds: (672) (388)

The notes form part of these financial statements

BRANDFOLD HIGH PERFORMANCE LIMITED

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 25 September 2024
and signed on behalf of the board by:

Name: G J CHRISTIAN
Status: Director

The notes form part of these financial statements

BRANDFOLD HIGH PERFORMANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents the net value of goods and services provided, up to the balance sheet date.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life. Motor Vehicles - 25% written down value basis Office Equipment - 25% written down value basis

Valuation and information policy

Stock of motor vehicles is valued at the lower of cost and net realisable value.

Other accounting policies

Taxation: Taxation represents the sum of tax currently payable and deferred tax. Debtors and Creditors Receivable/Payable Within One Year: Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses. Leased Assets: Rentals applicable to operating leases where substantially all the benefits and risks of ownership remain with the lessor are charged against profit as incurred.

BRANDFOLD HIGH PERFORMANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 2 2

BRANDFOLD HIGH PERFORMANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 0
Additions 3,958
At 31 December 2023 3,958
Depreciation
At 01 January 2023 0
Charge for year 760
At 31 December 2023 760
Net book value
At 31 December 2023 3,198
At 31 December 2022 0

BRANDFOLD HIGH PERFORMANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 700 1,770

BRANDFOLD HIGH PERFORMANCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

There are no secured creditors.