Company registration number 02369935 (England and Wales)
GRAHAM BRADDICK PARTNERSHIP LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
GRAHAM BRADDICK PARTNERSHIP LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 5
GRAHAM BRADDICK PARTNERSHIP LIMITED
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
68
92
Investments
4
120,070
81,714
120,138
81,806
Current assets
Debtors
5
6,542
5,815
Cash at bank and in hand
382,299
406,460
388,841
412,275
Creditors: amounts falling due within one year
6
(26,790)
(17,505)
Net current assets
362,051
394,770
Net assets
482,189
476,576
Capital and reserves
Called up share capital
1,000
1,000
Profit and loss reserves
481,189
475,576
Total equity
482,189
476,576

In accordance with section 444 of the Companies Act 2006, all of the members of the company have consented to the preparation of abridged financial statements pursuant to paragraph 1A of Schedule 1 to the Small Companies and Groups (Accounts and Directors’ Report) Regulations (SI 2008/409)(b).

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

GRAHAM BRADDICK PARTNERSHIP LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2024
31 March 2024
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 29 October 2024 and are signed on its behalf by:
Mrs C Braddick
Director
Company registration number 02369935 (England and Wales)
GRAHAM BRADDICK PARTNERSHIP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
- 3 -
1
Accounting policies
Company information

Graham Braddick Partnership Limited is a private company limited by shares incorporated in England and Wales. The registered office is New Green Farm, Bardfield Saling, Braintree, Essex, CM7 5EQ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for the provision of financial management, and is shown net of VAT and other sales relates taxes.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Motor vehicles
25% on reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
2
2
GRAHAM BRADDICK PARTNERSHIP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 4 -
3
Tangible fixed assets
Total
£
Cost
At 1 April 2023 and 31 March 2024
12,482
Depreciation and impairment
At 1 April 2023
12,390
Depreciation charged in the year
24
At 31 March 2024
12,414
Carrying amount
At 31 March 2024
68
At 31 March 2023
92
4
Fixed asset investments
2024
2023
£
£
Other investments other than loans
120,070
81,714
Movements in fixed asset investments
Investments
£
Cost or valuation
At 1 April 2023
81,714
Additions
38,356
At 31 March 2024
120,070
Carrying amount
At 31 March 2024
120,070
At 31 March 2023
81,714
5
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
5,951
5,201
Other debtors
591
614
6,542
5,815
GRAHAM BRADDICK PARTNERSHIP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 5 -
6
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
-
0
1,500
Corporation tax
1,793
4,252
Other creditors
23,574
10,354
Accruals and deferred income
1,423
1,399
26,790
17,505
2024-03-312023-04-01false29 October 2024CCH SoftwareCCH Accounts Production 2024.100No description of principal activityG B MossC Braddickfalsefalse023699352023-04-012024-03-31023699352024-03-31023699352023-03-3102369935core:CurrentFinancialInstrumentscore:WithinOneYear2024-03-3102369935core:CurrentFinancialInstrumentscore:WithinOneYear2023-03-3102369935core:CurrentFinancialInstruments2024-03-3102369935core:CurrentFinancialInstruments2023-03-3102369935core:ShareCapital2024-03-3102369935core:ShareCapital2023-03-3102369935core:RetainedEarningsAccumulatedLosses2024-03-3102369935core:RetainedEarningsAccumulatedLosses2023-03-3102369935bus:Director22023-04-012024-03-3102369935core:MotorVehicles2023-04-012024-03-31023699352022-04-012023-03-31023699352023-03-3102369935bus:PrivateLimitedCompanyLtd2023-04-012024-03-3102369935bus:SmallCompaniesRegimeForAccounts2023-04-012024-03-3102369935bus:FRS1022023-04-012024-03-3102369935bus:AuditExemptWithAccountantsReport2023-04-012024-03-3102369935bus:Director12023-04-012024-03-3102369935bus:FullAccounts2023-04-012024-03-31xbrli:purexbrli:sharesiso4217:GBP