Company Registration No. 13877273 (England and Wales)
BRAINCO LIMITED
Unaudited accounts
for the year ended 31 January 2024
BRAINCO LIMITED
Unaudited accounts
Contents
BRAINCO LIMITED
Company Information
for the year ended 31 January 2024
Director
Muhammad Nafees Qureshi
Company Number
13877273 (England and Wales)
Registered Office
Holdsworth House 65-73 Staines Road
Hounslow
TW3 3HW
United Kingdom
Accountants
Regal Accountants Limited
Suite 110, Legacy Centre
Hampton Road West
Feltham
Middlesex
TW13 6DH
BRAINCO LIMITED
Statement of financial position
as at 31 January 2024
Inventories
307,623
246,174
Cash at bank and in hand
25,221
66,222
Creditors: amounts falling due within one year
(290,329)
(155,207)
Net current assets
71,237
249,250
Total assets less current liabilities
71,237
249,250
Creditors: amounts falling due after more than one year
(282,200)
(215,700)
Net (liabilities)/assets
(210,963)
33,550
Called up share capital
100
100
Profit and loss account
(211,063)
33,450
Shareholders' funds
(210,963)
33,550
For the year ending 31 January 2024 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 October 2024 and were signed on its behalf by
Muhammad Nafees Qureshi
Director
Company Registration No. 13877273
BRAINCO LIMITED
Notes to the Accounts
for the year ended 31 January 2024
BRAINCO LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13877273. The registered office is Holdsworth House 65-73 Staines Road, Hounslow, TW3 3HW, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Amounts falling due within one year
Other debtors
33,000
7,500
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
15,202
7,875
Loans from directors
255,568
13,560
6
Creditors: amounts falling due after more than one year
2024
2023
Amounts owed to group undertakings and other participating interests
282,200
215,700
7
Average number of employees
During the year the average number of employees was 7 (2023: 3).