Company Registration No. 10724271 (England and Wales)
The Brainstorm Group Limited
Unaudited accounts
for the period from 1 December 2022 to 29 November 2023
The Brainstorm Group Limited
Unaudited accounts
Contents
The Brainstorm Group Limited
Company Information
for the period from 1 December 2022 to 29 November 2023
Company Number
10724271 (England and Wales)
Registered Office
Brightwell Grange
Britwell Road
Burnham
Berkshire
SL1 8DF
England
Accountants
Blue Cube Accountants Limited
Britwell Grange
Britwell Road
Burnham
SL1 8DF
The Brainstorm Group Limited
Statement of financial position
as at 29 November 2023
Cash at bank and in hand
100
100
Net current assets
204,315
100
Called up share capital
200
200
Profit and loss account
204,215
-
Shareholders' funds
204,415
200
For the period ending 29 November 2023 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 director acknowledges his 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 and authorised for issue on 4 November 2024 and were signed on its behalf by
Andrew Shankland
Director
Company Registration No. 10724271
The Brainstorm Group Limited
Notes to the Accounts
for the period from 1 December 2022 to 29 November 2023
The Brainstorm Group Limited is a private company, limited by shares, registered in England and Wales, registration number 10724271. The registered office is Brightwell Grange, Britwell Road, Burnham, Berkshire, SL1 8DF, England.
These financial statements have been prepared in compliance with FRS 102, ’The Financial Reporting Standard applicable to the UK and Republic of Ireland’ including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.
This is a parent company and is exempt from preparing group accounts as it qualifies as a small group.
The accounts are presented in £ sterling.
Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current or deferred taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.
Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
3
Investments
Subsidiary undertakings
Valuation at 1 December 2022
100
Valuation at 29 November 2023
100
The Brainstorm Group Limited
Notes to the Accounts
for the period from 1 December 2022 to 29 November 2023
Amounts falling due within one year
Amounts due from group undertakings etc.
204,215
-
Allotted, called up and fully paid:
200 Ordinary shares of £1 each
200
200
6
Transactions with related parties
At the year end £204,215 (2022 - £Nil) was owed from Brainstorm Communications Limited a fully owned subsidiary.
7
Average number of employees
During the period the average number of employees was 0 (2022: 0).