BROMSGROVE RACKING SERVICES LIMITED

Company Registration Number:
11142895 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 1 February 2023

End date: 31 January 2024

BROMSGROVE RACKING SERVICES LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2024

Balance sheet
Additional notes
Balance sheet notes

BROMSGROVE RACKING SERVICES LIMITED

Balance sheet

As at 31 January 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 71,131 61,187
Total fixed assets: 71,131 61,187
Current assets
Debtors: 4 258,339 242,272
Cash at bank and in hand: 29,191 7,718
Total current assets: 287,530 249,990
Creditors: amounts falling due within one year: 5 ( 228,146 ) ( 214,986 )
Net current assets (liabilities): 59,384 35,004
Total assets less current liabilities: 130,515 96,191
Creditors: amounts falling due after more than one year: 6 ( 12,974 ) ( 14,375 )
Total net assets (liabilities): 117,541 81,816
Capital and reserves
Called up share capital: 14 14
Profit and loss account: 117,527 81,802
Total Shareholders' funds: 117,541 81,816

The notes form part of these financial statements

BROMSGROVE RACKING SERVICES LIMITED

Balance sheet statements

For the year ending 31 January 2024 the company was entitled to exemption 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 10 October 2024
and signed on behalf of the board by:

Name: S Emus
Status: Director

The notes form part of these financial statements

BROMSGROVE RACKING SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

    Turnover policy

    Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts.

    Tangible fixed assets depreciation policy

    Depreciation has been provided at 25% straight line for motor vehicles, office equipment and plant and machinery

BROMSGROVE RACKING SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 16 14

BROMSGROVE RACKING SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 February 2023 5,182 24,316 113,237 142,735
Additions 14,000 19,655 33,655
Disposals
Revaluations
Transfers
At 31 January 2024 5,182 38,316 132,892 176,390
Depreciation
At 1 February 2023 3,068 8,807 69,673 81,548
Charge for year 529 7,377 15,805 23,711
On disposals
Other adjustments
At 31 January 2024 3,597 16,184 85,478 105,259
Net book value
At 31 January 2024 1,585 22,132 47,414 71,131
At 31 January 2023 2,114 15,509 43,564 61,187

BROMSGROVE RACKING SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Debtors

2024 2023
£ £
Trade debtors 258,339 242,272
Total 258,339 242,272

BROMSGROVE RACKING SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Amounts due under finance leases and hire purchase contracts 15,012 10,050
Trade creditors 14,945 75,373
Taxation and social security 157,978 104,387
Accruals and deferred income 8,929 17,494
Other creditors 31,282 7,682
Total 228,146 214,986

BROMSGROVE RACKING SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

6. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Amounts due under finance leases and hire purchase contracts 12,974 14,375
Total 12,974 14,375