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REGISTERED NUMBER: 06573692 (England and Wales)















Abridged Financial Statements for the Year Ended 31 December 2023

for

Brandco Holdings Limited

Brandco Holdings Limited (Registered number: 06573692)






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




Page

Company Information 1

Abridged Statement of Financial Position 2

Notes to the Financial Statements 4


Brandco Holdings Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: M A Aynsley
R Porter-Smith





SECRETARY: Carrington-may Limited





REGISTERED OFFICE: 31 Walker Avenue
Wolverton Mill East
Milton Keynes
Buckinghamshire
MK12 5TW





REGISTERED NUMBER: 06573692 (England and Wales)





ACCOUNTANTS: Carrington-May
Chartered Certified Accountants
31 Walker Avenue
Wolverton Mill East
Milton Keynes
Buckinghamshire
MK12 5TW

Brandco Holdings Limited (Registered number: 06573692)

Abridged Statement of Financial Position
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Investments 4 156,680 156,680

CURRENT ASSETS
Debtors 96,973 96,973
Cash at bank 15 15
96,988 96,988
CREDITORS
Amounts falling due within one year 501 501
NET CURRENT ASSETS 96,487 96,487
TOTAL ASSETS LESS CURRENT
LIABILITIES

253,167

253,167

CREDITORS
Amounts falling due after more than one
year

250,500

250,500
NET ASSETS 2,667 2,667

CAPITAL AND RESERVES
Called up share capital 2,481 2,481
Retained earnings 186 186
SHAREHOLDERS' FUNDS 2,667 2,667

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 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.

Brandco Holdings Limited (Registered number: 06573692)

Abridged Statement of Financial Position - continued
31 December 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Statement of Financial Position for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2024 and were signed on its behalf by:





M A Aynsley - Director


Brandco Holdings Limited (Registered number: 06573692)

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

1. STATUTORY INFORMATION

Brandco Holdings 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.

The directors have considered the trading and cash flow position of both the company and its subsidiary for a period of 12 months from the date of the approval of the financial statements . The directors consider that the group will have the continued support of the directors, together with profitable licences . Therefore the going concern basis of preparation has been adopted .

Preparation of consolidated financial statements
The financial statements contain information about Brandco Holdings Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. EMPLOYEES AND DIRECTORS

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

Brandco Holdings Limited (Registered number: 06573692)

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

4. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 January 2023
and 31 December 2023 156,680
NET BOOK VALUE
At 31 December 2023 156,680
At 31 December 2022 156,680

5. SECURED DEBTS

The bank has a debenture over all monies and liabilities incurred by the Company whether now or in the future and unlimited Cross Guarantees given by Brandco Holdings Limited and Brandco Management Limited to secure all liabilities of each other .