Bright Box Design Limited 11355815 false 2023-06-01 2024-05-31 2024-05-31 The principal activity of the company is marketing design Digita Accounts Production Advanced 6.30.9574.0 true true 11355815 2023-06-01 2024-05-31 11355815 2024-05-31 11355815 bus:Director1 1 2024-05-31 11355815 bus:Director2 1 2024-05-31 11355815 core:CurrentFinancialInstruments 2024-05-31 11355815 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 11355815 bus:SmallEntities 2023-06-01 2024-05-31 11355815 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 11355815 bus:FilletedAccounts 2023-06-01 2024-05-31 11355815 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 11355815 bus:RegisteredOffice 2023-06-01 2024-05-31 11355815 bus:Director1 2023-06-01 2024-05-31 11355815 bus:Director1 1 2023-06-01 2024-05-31 11355815 bus:Director2 2023-06-01 2024-05-31 11355815 bus:Director2 1 2023-06-01 2024-05-31 11355815 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 11355815 countries:EnglandWales 2023-06-01 2024-05-31 11355815 bus:Director1 1 2023-05-31 11355815 bus:Director2 1 2023-05-31 11355815 2022-06-01 2023-05-31 11355815 2023-05-31 11355815 bus:Director1 1 2023-05-31 11355815 bus:Director2 1 2023-05-31 11355815 core:CurrentFinancialInstruments 2023-05-31 11355815 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 11355815 bus:Director1 1 2022-06-01 2023-05-31 11355815 bus:Director2 1 2022-06-01 2023-05-31 11355815 bus:Director1 1 2022-05-31 11355815 bus:Director2 1 2022-05-31 iso4217:GBP xbrli:pure

Registration number: 11355815

Bright Box Design Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 May 2024

 

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 6

 

Company Information

Directors

CH Harrison

AI Stoddart

Registered office

Bridge Mills
Huddersfield Road
Holmfirth
West Yorkshire
HD9 3TW

 

(Registration number: 11355815)
Balance Sheet as at 31 May 2024

Note

2024
£

2023
£

Current assets

 

Debtors

4

39,429

70,532

Cash at bank and in hand

 

28,760

24,840

 

68,189

95,372

Creditors: Amounts falling due within one year

5

(15,980)

(51,702)

Net assets

 

52,209

43,670

Capital and reserves

 

Called up share capital

1

1

Retained earnings

52,208

43,669

Shareholders' funds

 

52,209

43,670

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

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

 

(Registration number: 11355815)
Balance Sheet as at 31 May 2024

Approved and authorised by the Board on 24 October 2024 and signed on its behalf by:
 

.........................................
CH Harrison
Director

 

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Bridge Mills
Huddersfield Road
Holmfirth
West Yorkshire
HD9 3TW
United Kingdom

These financial statements were authorised for issue by the Board on 24 October 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

4

Debtors

Current

2024
£

2023
£

Trade debtors

4,586

49,007

Other debtors

34,843

21,525

 

39,429

70,532

 

Notes to the Unaudited Financial Statements for the Year Ended 31 May 2024

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

2,865

-

Taxation and social security

11,765

9,345

Accruals and deferred income

1,350

24,095

Other creditors

-

18,262

15,980

51,702

6

Related party transactions

Transactions with directors

2024

At 1 June 2023
£

Advances to director
£

Repayments by director
£

At 31 May 2024
£

CH Harrison

Interest is charged at 2.25% p.a. There are no conditions attached. Amounts disclosed represent aggregates.

11,028

11,028

(11,028)

11,028

AI Stoddart

Interest is charged at 2.25% p.a. There are no conditions attached. Amounts disclosed represent aggregates.

10,497

10,497

(10,497)

10,497

2023

At 1 June 2022
£

Repayments by director
£

At 31 May 2023
£

CH Harrison

Interest is charged at 2.25% p.a. There are no conditions attached. Amounts disclosed represent aggregates.

11,847

(819)

11,028

AI Stoddart

Interest is charged at 2.25% p.a. There are no conditions attached. Amounts disclosed represent aggregates.

11,329

(832)

10,497