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Company Registration No. NI601879 (Northern Ireland)
Bronze (NI) Limited Unaudited accounts for the year ended 31 January 2024
Bronze (NI) Limited Unaudited accounts Contents
Page
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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
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Bronze (NI) Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
41,928 
7,521 
Current assets
Inventories
357,443 
183,467 
Debtors
193,452 
186,148 
Cash at bank and in hand
39,613 
50,686 
590,508 
420,301 
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 
Capital and reserves
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
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Bronze (NI) Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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 
Depreciation
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 
Net book value
At 31 January 2024
1 
581 
41,113 
233 
41,928 
At 31 January 2023
1 
774 
4,891 
1,855 
7,521 
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Bronze (NI) Limited Notes to the Accounts for the year ended 31 January 2024
5
Debtors
2024 
2023 
£ 
£ 
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 
Other debtors
6,744 
8,422 
193,081 
185,777 
Amounts falling due after more than one year
Other debtors
371 
371 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
6,219 
5,555 
VAT
50,474 
20,741 
Trade creditors
116,105 
83,564 
Taxes and social security
46,122 
33,034 
Other creditors
2,949 
929 
Accruals
7,559 
4,636 
229,428 
148,459 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
28,966 
35,185 
8
Share capital
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).
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