1 March 2023 v2024.59.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBPSC6227962023-03-012024-02-29SC6227962024-02-29SC6227962023-02-28SC622796core:WithinOneYear2024-02-29SC622796core:WithinOneYear2023-02-28SC622796core:AfterOneYear2024-02-29SC622796core:AfterOneYear2023-02-28SC622796core:ShareCapital2024-02-29SC622796core:ShareCapital2023-02-28SC622796core:RetainedEarningsAccumulatedLosses2024-02-29SC622796core:RetainedEarningsAccumulatedLosses2023-02-28SC622796bus:Director12023-03-012024-02-29SC622796bus:Director22023-03-012024-02-29SC622796bus:RegisteredOffice2023-03-012024-02-29SC622796core:FurnitureFittings2023-03-012024-02-29SC622796core:PlantMachinery2023-03-012024-02-29SC6227962022-03-012023-02-28SC622796core:PlantMachinery2024-02-29SC622796core:PlantMachinery2023-03-01SC622796core:PlantMachinery2023-02-28SC62279612023-03-012024-02-29SC622796countries:Scotland2023-03-012024-02-29SC622796bus:AuditExemptWithAccountantsReport2023-03-012024-02-29SC622796bus:PrivateLimitedCompanyLtd2023-03-012024-02-29SC622796bus:SmallEntities2023-03-012024-02-29SC622796bus:FullAccounts2023-03-012024-02-29
Company registration number:
SC622796
B&R INTERNATIONAL LTD
Unaudited Filleted Financial Statements for the year ended
29 February 2024
B&R INTERNATIONAL LTD
Statement of Financial Position
29 February 2024
20242023
Note££
Fixed assets    
Tangible assets 5
30,504
 
39,173
 
Current assets    
Stocks
48,955
 
57,955
 
Debtors 6
6,297
 
11,035
 
Cash at bank and in hand
41,308
 
31,546
 
96,560
 
100,536
 
Creditors: amounts falling due within one year 7
(168,753
)
(150,499
)
Net current liabilities
(72,193
)
(49,963
)
Total assets less current liabilities (41,689 ) (10,790 )
Creditors: amounts falling due after more than one year 8
(14,221
)
(24,111
)
Net liabilities
(55,910
)
(34,901
)
Capital and reserves    
Called up share capital
2
 
2
 
Profit and loss account
(55,912
)
(34,903
)
Shareholders deficit
(55,910
)
(34,901
)
For the year ending
29 February 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 financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
financial statements
have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered.
These
financial statements
were approved by the board of directors and authorised for issue on
18 November 2024
, and are signed on behalf of the board by:
Ms Siyu Han
Mr Chao Zhang
DirectorDirector
Company registration number:
SC622796
B&R INTERNATIONAL LTD
Notes to the Financial Statements
Year ended
29 February 2024

1 General information

The company is a private company limited by shares and is registered in Scotland. The address of the registered office is
68 Coxhill Street
,
Glasgow
,
G21 1HL
, United Kingdom.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Fixtures and fittings
15% Straight Line
Plant and machinery
15% straight line

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4 Average number of employees

The average number of persons employed by the company during the year was
10
(2023:
9.00
).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 March 2023
and
29 February 2024
57,793
 
Depreciation  
At
1 March 2023
18,620
 
Charge
8,669
 
At
29 February 2024
27,289
 
Carrying amount  
At
29 February 2024
30,504
 
At 28 February 2023
39,173
 

6 Debtors

20242023
££
Trade debtors
6,250
 
10,378
 
Other debtors
47
 
657
 
6,297
 
11,035
 

7 Creditors: amounts falling due within one year

20242023
££
Bank loans and overdrafts
10,726
 
10,726
 
Trade creditors
13,129
 
32,580
 
Amounts owed to group undertakings and undertakings in which the company has a participating interest
144,646
  -  
Taxation and social security
243
 
311
 
Other creditors
9
 
106,882
 
168,753
 
150,499
 

8 Creditors: amounts falling due after more than one year

20242023
££
Bank loans and overdrafts
14,221
 
24,111