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REGISTERED NUMBER: 08771581 (England and Wales)






















Brackendale Limited

Unaudited Financial Statements for the Year Ended 29 February 2024






Brackendale Limited (Registered number: 08771581)






Contents of the Financial Statements
for the year ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Brackendale Limited

Company Information
for the year ended 29 February 2024







DIRECTORS: M J Barstow
T B Holliday





SECRETARY: M J Barstow





REGISTERED OFFICE: 48 Redan Street
London
W14 0AB





REGISTERED NUMBER: 08771581 (England and Wales)





ACCOUNTANTS: Smailes Goldie Limited
Chartered Accountants
Regent's Court
Princess Street
Hull
East Yorkshire
HU2 8BA

Brackendale Limited (Registered number: 08771581)

Balance Sheet
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 604,107 604,107

CURRENT ASSETS
Debtors 5 1,333 37,769
Cash at bank 7,547 3,999
8,880 41,768
CREDITORS
Amounts falling due within one year 6 460,871 313,209
NET CURRENT LIABILITIES (451,991 ) (271,441 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

152,116

332,666

CREDITORS
Amounts falling due after more than one
year

7

1,350,197

1,355,923
NET LIABILITIES (1,198,081 ) (1,023,257 )

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings (1,198,281 ) (1,023,457 )
SHAREHOLDERS' FUNDS (1,198,081 ) (1,023,257 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Brackendale Limited (Registered number: 08771581)

Balance Sheet - continued
29 February 2024


The 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 November 2024 and were signed on its behalf by:





M J Barstow - Director


Brackendale Limited (Registered number: 08771581)

Notes to the Financial Statements
for the year ended 29 February 2024

1. STATUTORY INFORMATION

Brackendale Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 5% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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
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.

Going concern
The accounts have been prepared on a going concern basis, as in view of the much elevated price of electricity, the damaged turbine was replaced in the year with one of similar capacity. Meanwhile the company will meet it's liabilities as they fall due during the next twelve months on account of financial support from one of it's directors.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

Brackendale Limited (Registered number: 08771581)

Notes to the Financial Statements - continued
for the year ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023
and 29 February 2024 604,107
NET BOOK VALUE
At 29 February 2024 604,107
At 28 February 2023 604,107

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 1,333 37,769

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 42,473 42,474
Trade creditors 138,841 136,777
Other creditors 279,557 133,958
460,871 313,209

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 199,197 251,923
Other creditors 1,151,000 1,104,000
1,350,197 1,355,923

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 years by
instalments 29,305 82,031
29,305 82,031

Brackendale Limited (Registered number: 08771581)

Notes to the Financial Statements - continued
for the year ended 29 February 2024

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 3,250 3,250
Between one and five years 13,000 13,000
In more than five years 42,250 45,500
58,500 61,750

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 241,670 294,397