Registered number
11844681
Bramhall Tailoring Limited
Unaudited Filleted Accounts
29 February 2024
Bramhall Tailoring Limited
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Bramhall Tailoring Limited for the year ended 29 February 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Bramhall Tailoring Limited for the year ended 29 February 2024 which comprise of the Profit and Loss Account, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at
www.icaew.com/en/members/regulations-standards-and-guidance
Our work has been undertaken in accordance with ICAEW Technical Release 07/16 AAF.
…......................................
Fordhams & Co Limited
Chartered Accountants
Studio 6
6 Hornsey Street
London
N7 8GR
1 October 2024
Bramhall Tailoring Limited
Statement of Changes in Equity
for the year ended 29 February 2024
Share Share Re- Profit Total
capital premium valuation and loss
reserve account
£ £ £ £ £
At 1 March 2022 100 - - 1,698 1,798
Profit for the financial year 1,371 1,371
Dividends (2,000) (2,000)
At 28 February 2023 100 - - 1,069 1,169
At 1 March 2023 100 - - 1,069 1,169
Profit for the financial year 1,211 1,211
Dividends (1,000) (1,000)
At 29 February 2024 100 - - 1,280 1,380
Bramhall Tailoring Limited
Registered number: 11844681
Balance Sheet
as at 29 February 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 1,993 2,247
Current assets
Cash at bank and in hand 2,773 5,655
Creditors: amounts falling due within one year 4 (3,386) (6,733)
Net current liabilities (613) (1,078)
Net assets 1,380 1,169
Capital and reserves
Called up share capital 100 100
Profit and loss account 1,280 1,069
Shareholder's funds 1,380 1,169
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
….....................
Mr Tunc Yayla
Director
Approved by the board on 1 October 2024
Bramhall Tailoring Limited
Notes to the Accounts
for the year ended 29 February 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery over 5 years
Fixtures, fittings, tools and equipment 20% Reducing Balance Method
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 March 2023 5,485
Additions 245
At 29 February 2024 5,730
Depreciation
At 1 March 2023 3,238
Charge for the year 499
At 29 February 2024 3,737
Net book value
At 29 February 2024 1,993
At 28 February 2023 2,247
4 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs 1,138 1,328
Other creditors 2,248 5,405
3,386 6,733
5 Controlling party
The ultimate controlling party was Mr Tunc who has 100% shareholding in the company. Mr Tunc is the director & the shareholder in the company.
6 Other information
Bramhall Tailoring Limited is a private company limited by shares and incorporated in England. Its registered office is:
Studio 6
6 Hornsey Street
London
N7 8GR
Bramhall Tailoring Limited 11844681 false 2023-03-01 2024-02-29 2024-02-29 VT Final Accounts July 2024 Mr Tunc Yayla No description of principal activity 11844681 2022-03-01 2023-02-28 11844681 bus:AllOrdinaryShares core:RetainedEarningsAccumulatedLosses 2022-03-01 2023-02-28 11844681 core:WithinOneYear 2023-02-28 11844681 2022-02-28 11844681 core:ShareCapital 2022-02-28 11844681 core:SharePremium 2022-02-28 11844681 core:OtherReservesSubtotal 2022-02-28 11844681 core:RetainedEarningsAccumulatedLosses 2022-02-28 11844681 2023-03-01 2024-02-29 11844681 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 11844681 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 11844681 core:RetainedEarningsAccumulatedLosses 2023-03-01 2024-02-29 11844681 bus:AllOrdinaryShares core:RetainedEarningsAccumulatedLosses 2023-03-01 2024-02-29 11844681 bus:Director40 2023-03-01 2024-02-29 11844681 1 2023-03-01 2024-02-29 11844681 core:PlantMachinery 2023-03-01 2024-02-29 11844681 countries:England 2023-03-01 2024-02-29 11844681 bus:FRS102 2023-03-01 2024-02-29 11844681 bus:FilletedAccounts 2023-03-01 2024-02-29 11844681 2024-02-29 11844681 core:ShareCapital 2024-02-29 11844681 core:SharePremium 2024-02-29 11844681 core:OtherReservesSubtotal 2024-02-29 11844681 core:RetainedEarningsAccumulatedLosses 2024-02-29 11844681 core:WithinOneYear 2024-02-29 11844681 core:PlantMachinery 2024-02-29 11844681 2023-02-28 11844681 core:ShareCapital 2023-02-28 11844681 core:SharePremium 2023-02-28 11844681 core:OtherReservesSubtotal 2023-02-28 11844681 core:RetainedEarningsAccumulatedLosses 2023-02-28 11844681 core:PlantMachinery 2023-02-28 iso4217:GBP xbrli:pure