Company Registration No. 7800473 (England and Wales)
Brainstorm Design Consultants Limited
Unaudited accounts
for the year ended 31 March 2024
Brainstorm Design Consultants Limited
Unaudited accounts
Contents
Brainstorm Design Consultants Limited
Company Information
for the year ended 31 March 2024
Director
Mr David Whitworth
Secretary
Mr David Whitworth
Company Number
7800473 (England and Wales)
Registered Office
12B Festoon Rooms
Sunnybank Mills
Farsley, Leeds
West Yorkshire
LS28 5UJ
United Kingdon
Accountants
Bridgehouse Accountancy Svcs
27 Greenacre Park
Rawdon
Leeds
West Yorkshire
LS19 6AP
Brainstorm Design Consultants Limited
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
29,009
14,894
Creditors: amounts falling due within one year
(29,920)
(25,990)
Net current assets
21,631
26,052
Total assets less current liabilities
22,199
27,638
Creditors: amounts falling due after more than one year
(18,980)
(24,750)
Called up share capital
1,000
1,000
Profit and loss account
2,219
1,888
Shareholders' funds
3,219
2,888
For the year ending 31 March 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 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 29 October 2024 and were signed on its behalf by
Mr David Whitworth
Director
Company Registration No. 7800473
Brainstorm Design Consultants Limited
Notes to the Accounts
for the year ended 31 March 2024
Brainstorm Design Consultants Limited is a private company, limited by shares, registered in England and Wales, registration number 7800473. The registered office is 12B Festoon Rooms, Sunnybank Mills, Farsley, Leeds, West Yorkshire, LS28 5UJ, United Kingdon.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The company has taken advantage of the exemption in Financial Reporting Standard from the requirement to produce a cash flow statement on the grounds that it is a small company.
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
2 - 10 years
Computer equipment
3 - 4 years
Stock and work in progress
Work in progress is valued at the lower of cost or net realisable value.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Brainstorm Design Consultants Limited
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
4,124
22,013
26,137
At 31 March 2024
4,124
22,311
26,435
At 1 April 2023
4,124
20,427
24,551
Charge for the year
-
1,316
1,316
At 31 March 2024
4,124
21,743
25,867
At 31 March 2024
-
568
568
At 31 March 2023
-
1,586
1,586
Amounts falling due within one year
Trade debtors
15,792
15,143
Accrued income and prepayments
541
781
Other debtors
5,421
20,224
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
9,000
9,000
Trade creditors
10,714
3,636
Taxes and social security
3,562
12,954
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).