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REGISTERED NUMBER: 10859889 (England and Wales)













REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

BRENT SIGNS & GRAPHICS LTD

BRENT SIGNS & GRAPHICS LTD (REGISTERED NUMBER: 10859889)






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




Page

Company Information 1

Report of the Directors 2

Income Statement 3

Balance Sheet 4

Notes to the Financial Statements 6


BRENT SIGNS & GRAPHICS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: R J Potterton-Orton
B Potterton-Orton





REGISTERED OFFICE: 14 Fairisle Way
Countesthorpe
Leicester
LE8 5WX





REGISTERED NUMBER: 10859889 (England and Wales)





ACCOUNTANTS: J Raftery Accountancy
16 Brookes Avenue
Croft
Leicester
Leicestershire
LE9 3GJ

BRENT SIGNS & GRAPHICS LTD (REGISTERED NUMBER: 10859889)

REPORT OF THE DIRECTORS
FOR THE YEAR ENDED 31 JULY 2024

The directors present their report with the financial statements of the company for the year ended 31 July 2024.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of signs and graphics

DIRECTORS
The directors shown below have held office during the whole of the period from 1 August 2023 to the date of this report.

R J Potterton-Orton
B Potterton-Orton

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





B Potterton-Orton - Director


1 October 2024

BRENT SIGNS & GRAPHICS LTD (REGISTERED NUMBER: 10859889)

INCOME STATEMENT
FOR THE YEAR ENDED 31 JULY 2024

2024 2023
Notes £    £   

TURNOVER 40,454 52,129

Cost of sales 13,215 17,334
GROSS PROFIT 27,239 34,795

Administrative expenses 35,789 36,708
OPERATING LOSS and
LOSS BEFORE TAXATION (8,550 ) (1,913 )

Tax on loss (193 ) (257 )
LOSS FOR THE FINANCIAL YEAR (8,357 ) (1,656 )

BRENT SIGNS & GRAPHICS LTD (REGISTERED NUMBER: 10859889)

BALANCE SHEET
31 JULY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 6 3,041 4,055

CURRENT ASSETS
Debtors 7 584 2,138
Cash at bank 17,469 44,673
18,053 46,811
CREDITORS
Amounts falling due within one year 8 5,586 24,809
NET CURRENT ASSETS 12,467 22,002
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,508

26,057

PROVISIONS FOR LIABILITIES 9 578 770
NET ASSETS 14,930 25,287

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 14,830 25,187
SHAREHOLDERS' FUNDS 14,930 25,287

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 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.

BRENT SIGNS & GRAPHICS LTD (REGISTERED NUMBER: 10859889)

BALANCE SHEET - continued
31 JULY 2024


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

The financial statements were approved by the Board of Directors and authorised for issue on 1 October 2024 and were signed on its behalf by:




B Potterton-Orton - Director



R J Potterton-Orton - Director


BRENT SIGNS & GRAPHICS LTD (REGISTERED NUMBER: 10859889)

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

1. STATUTORY INFORMATION

Brent Signs & Graphics 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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 2 (2023 - 2 ) .

4. OPERATING LOSS

The operating loss is stated after charging:

2024 2023
£    £   
Depreciation - owned assets 1,014 1,352

BRENT SIGNS & GRAPHICS LTD (REGISTERED NUMBER: 10859889)

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

5. DIVIDENDS
2024 2023
£    £   
Ordinary shares of £1 each
Interim 2,000 4,000

6. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 August 2023
and 31 July 2024 1,559 521 8,250 10,330
DEPRECIATION
At 1 August 2023 1,143 362 4,770 6,275
Charge for year 104 40 870 1,014
At 31 July 2024 1,247 402 5,640 7,289
NET BOOK VALUE
At 31 July 2024 312 119 2,610 3,041
At 31 July 2023 416 159 3,480 4,055

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 584 2,138

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Social security and other taxes 210 210
Directors' current accounts 4,456 23,819
Accrued expenses 920 780
5,586 24,809

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 578 770

Deferred
tax
£   
Balance at 1 August 2023 770
Provided during year (192 )
Balance at 31 July 2024 578

BRENT SIGNS & GRAPHICS LTD (REGISTERED NUMBER: 10859889)

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

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100

11. RELATED PARTY DISCLOSURES

As at 31 July 2024 an amount of £4,456 (2023 £23,819) was owed to the directors by the company. This amount is shown under creditors in the balance sheet.

12. ULTIMATE CONTROLLING PARTY

The controlling party is B Potterton-Orton.

The ultimate controlling party is Mr & Mrs Potterton-Orton.