Company Registration No. 08882257 (England and Wales)
BRANOCS ESTATES LTD
Unaudited accounts
for the year ended 31 March 2024
BRANOCS ESTATES LTD
Unaudited accounts
Contents
BRANOCS ESTATES LTD
Company Information
for the year ended 31 March 2024
Directors
Tristan Woolfenden
Gavin Woolfenden
Company Number
08882257 (England and Wales)
Registered Office
PHOENIX HOUSE
NEW STREET
BRAINTREE
CM7 1ER
ENGLAND
BRANOCS ESTATES LTD
Statement of financial position
as at 31 March 2024
Tangible assets
703,316
743,015
Investments
692,522
487,522
Cash at bank and in hand
335,633
471,933
Creditors: amounts falling due within one year
(81,009)
(68,873)
Net current assets
279,483
419,892
Total assets less current liabilities
1,675,321
1,650,429
Creditors: amounts falling due after more than one year
(474,129)
(519,321)
Net assets
1,201,192
1,131,108
Called up share capital
100
100
Profit and loss account
1,201,092
1,131,008
Shareholders' funds
1,201,192
1,131,108
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 directors acknowledge their 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 of Directors and authorised for issue on 10 September 2024 and were signed on its behalf by
Tristan Woolfenden
Director
Company Registration No. 08882257
BRANOCS ESTATES LTD
Notes to the Accounts
for the year ended 31 March 2024
BRANOCS ESTATES LTD is a private company, limited by shares, registered in England and Wales, registration number 08882257. The registered office is PHOENIX HOUSE, NEW STREET, BRAINTREE, CM7 1ER, ENGLAND.
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 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:
Plant & machinery
4 years reducing balance basis
Motor vehicles
4 years reducing balance basis
Fixtures & fittings
4 years reducing balance basis
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2023
669,419
35,210
16,000
185,982
906,611
Additions
-
1,033
-
-
1,033
At 31 March 2024
669,419
36,243
16,000
185,982
907,644
At 1 April 2023
-
22,363
4,000
137,233
163,596
Charge for the year
-
3,728
3,000
34,004
40,732
At 31 March 2024
-
26,091
7,000
171,237
204,328
At 31 March 2024
669,419
10,152
9,000
14,745
703,316
At 31 March 2023
669,419
12,847
12,000
48,749
743,015
BRANOCS ESTATES LTD
Notes to the Accounts
for the year ended 31 March 2024
5
Investments
Other investments
Valuation at 1 April 2023
487,522
Valuation at 31 March 2024
692,522
Amounts falling due within one year
Trade debtors
24,859
16,832
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
50,661
38,895
Loans from directors
735
7,965
8
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
474,129
519,321
9
Average number of employees
During the year the average number of employees was 10 (2023: 10).