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REGISTERED NUMBER: 10562306 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

We Are Brandd Ltd

We Are Brandd Ltd (Registered number: 10562306)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


We Are Brandd Ltd

Company Information
for the Year Ended 31 January 2024







DIRECTOR: Mr R J Plews





REGISTERED OFFICE: 3B Lockheed Court
Preston Farm Industrial Estate
Stockton on Tees
North Yorkshire
TS18 3SH





REGISTERED NUMBER: 10562306 (England and Wales)





ACCOUNTANTS: JBC Accountants Limited
Chartered Accountants
3B Lockheed Court
Preston Farm
Stockton on Tees
TS18 3SH

We Are Brandd Ltd (Registered number: 10562306)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 288 706

CURRENT ASSETS
Stocks - 1,525
Debtors 5 20,058 18,018
Cash at bank 138 317
20,196 19,860
CREDITORS
Amounts falling due within one year 6 15,533 13,254
NET CURRENT ASSETS 4,663 6,606
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,951

7,312

CREDITORS
Amounts falling due after more than one
year

7

4,805

7,068
NET ASSETS 146 244

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 46 144
146 244

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 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.

We Are Brandd Ltd (Registered number: 10562306)

Balance Sheet - continued
31 January 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 August 2024 and were signed by:





Mr R J Plews - Director


We Are Brandd Ltd (Registered number: 10562306)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

We Are Brandd 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
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.

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

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

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account.

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.

Current and deferred 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

We Are Brandd Ltd (Registered number: 10562306)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023 2,487
Additions 272
At 31 January 2024 2,759
DEPRECIATION
At 1 February 2023 1,781
Charge for year 690
At 31 January 2024 2,471
NET BOOK VALUE
At 31 January 2024 288
At 31 January 2023 706

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 5,773 3,780
Other debtors 14,285 14,238
20,058 18,018

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts - 1
Trade creditors 791 704
Taxation and social security 12,582 10,389
Other creditors 2,160 2,160
15,533 13,254

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 4,805 7,068

We Are Brandd Ltd (Registered number: 10562306)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2024 and 31 January 2023:

2024 2023
£    £   
Mr R J Plews
Balance outstanding at start of year 14,238 12,594
Amounts advanced 25,312 34,073
Amounts repaid (25,265 ) (32,429 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 14,285 14,238

Interest of 2.5% has been charged on the above loan.