Company Registration No. NI601879 (Northern Ireland)
Bronze (NI) Limited
Unaudited accounts
for the year ended 31 January 2024
Bronze (NI) Limited
Unaudited accounts
Contents
Bronze (NI) Limited
Company Information
for the year ended 31 January 2024
Directors
George Joseph McGlinchey
Gerry McBride
Company Number
NI601879 (Northern Ireland)
Registered Office
ANNVALE INDUSTRIAL ESTATE
ANNVALE ROAD
KEADY
ARMAGH
BT60 2RP
Accountants
The Small Business Service Limited
444 Ravenhill Road
Belfast
BT6 0BU
Bronze (NI) Limited
Statement of financial position
as at 31 January 2024
Tangible assets
41,928
7,521
Inventories
357,443
183,467
Cash at bank and in hand
39,613
50,686
Creditors: amounts falling due within one year
(229,428)
(148,459)
Net current assets
361,080
271,842
Total assets less current liabilities
403,008
279,363
Creditors: amounts falling due after more than one year
(28,966)
(35,185)
Net assets
374,042
244,178
Called up share capital
6
6
Profit and loss account
374,036
244,172
Shareholders' funds
374,042
244,178
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 directors acknowledge their 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 of Directors and authorised for issue on 24 October 2024 and were signed on its behalf by
George Joseph McGlinchey
Director
Company Registration No. NI601879
Bronze (NI) Limited
Notes to the Accounts
for the year ended 31 January 2024
Bronze (NI) Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI601879. The registered office is ANNVALE INDUSTRIAL ESTATE , ANNVALE ROAD, KEADY, ARMAGH, BT60 2RP.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% Straight Line Depreciation
Motor vehicles
25% Reducing Balance Depreciation
Fixtures & fittings
33% Straight Line Depreciation
Computer equipment
33% Straight Line Depreciation
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 February 2023
15,340
11,479
207,491
35,428
269,738
Additions
-
-
49,461
-
49,461
At 31 January 2024
15,340
11,479
256,952
35,428
319,199
At 1 February 2023
15,339
10,705
202,600
33,573
262,217
Charge for the year
-
193
13,239
1,622
15,054
At 31 January 2024
15,339
10,898
215,839
35,195
277,271
At 31 January 2024
1
581
41,113
233
41,928
At 31 January 2023
1
774
4,891
1,855
7,521
Bronze (NI) Limited
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
Trade debtors
176,261
166,243
Amounts due from group undertakings etc.
1,679
-
Accrued income and prepayments
8,397
11,112
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
6,219
5,555
Trade creditors
116,105
83,564
Taxes and social security
46,122
33,034
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
6 Ordinary shares of £1 each
6
6
9
Average number of employees
During the year the average number of employees was 22 (2023: 20).