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REGISTERED NUMBER: 11749002 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JANUARY 2024

FOR

BRIGHTER PERSPECTIVES LIMITED

BRIGHTER PERSPECTIVES LIMITED (REGISTERED NUMBER: 11749002)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BRIGHTER PERSPECTIVES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTOR: L J Morrison





REGISTERED OFFICE: 10 Jesus Lane
Cambridge
Cambridgeshire
CB5 8BA





REGISTERED NUMBER: 11749002 (England and Wales)





ACCOUNTANTS: Thompson Taraz Rand Ltd
Chartered Accountants
10 Jesus Lane
Cambridge
Cambridgeshire
CB5 8BA

BRIGHTER PERSPECTIVES LIMITED (REGISTERED NUMBER: 11749002)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 5 835 1,253

CURRENT ASSETS
Debtors 6 141,447 86,075
Cash at bank 89,401 94,458
230,848 180,533
CREDITORS
Amounts falling due within one year 7 (129,750 ) (43,117 )
NET CURRENT ASSETS 101,098 137,416
TOTAL ASSETS LESS CURRENT LIABILITIES 101,933 138,669

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 101,932 138,668
SHAREHOLDERS' FUNDS 101,933 138,669

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Profit and loss account has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 September 2024 and were signed by:





L J Morrison - Director


BRIGHTER PERSPECTIVES LIMITED (REGISTERED NUMBER: 11749002)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

Brighter Perspectives 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover refers to the supply of consultancy services. Turnover is recognised only once a service has been provided and the right to the income has been earned.

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates and 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

Financial instruments
Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

BRIGHTER PERSPECTIVES LIMITED (REGISTERED NUMBER: 11749002)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023
and 31 January 2024 1,670
DEPRECIATION
At 1 February 2023 417
Charge for year 418
At 31 January 2024 835
NET BOOK VALUE
At 31 January 2024 835
At 31 January 2023 1,253

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 34,240
Amounts owed by group undertakings 141,447 51,835
141,447 86,075

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 1,800 -
Taxation and social security 4,442 38,821
Other creditors 123,508 4,296
129,750 43,117

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1

9. RELATED PARTY DISCLOSURES

At the balance sheet date the company was owed £141,447 (2023: £51,835) by the parent company. This amount bears no interest, is repayable on demand and disclosed within debtors due in less than one year.

During the year the company was charged £120,000 (2023: £nil) by the parent company for consultancy services. At the balance sheet date the parent company was owed £120,000 (2023: £nil). The amount bears no interest, is repayable on demand and disclosed within creditors due in less than one year.