Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false 1 March 2023 28 February 2024 28 February 2024 04661134 Mr Aaron Taub Mr. Yakov Grossman true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04661134 2023-02-28 04661134 2024-02-28 04661134 2023-03-01 2024-02-28 04661134 frs-core:CurrentFinancialInstruments 2024-02-28 04661134 frs-core:Non-currentFinancialInstruments 2024-02-28 04661134 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-28 04661134 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-01 2024-02-28 04661134 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-02-28 04661134 frs-core:RevaluationReserve 2023-02-28 04661134 frs-core:RevaluationReserve 2024-02-28 04661134 frs-core:ShareCapital 2024-02-28 04661134 frs-core:RetainedEarningsAccumulatedLosses 2024-02-28 04661134 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 04661134 frs-bus:FilletedAccounts 2023-03-01 2024-02-28 04661134 frs-bus:SmallEntities 2023-03-01 2024-02-28 04661134 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 04661134 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-28 04661134 1 2023-03-01 2024-02-28 04661134 frs-bus:Director1 2023-03-01 2024-02-28 04661134 frs-countries:EnglandWales 2023-03-01 2024-02-28 04661134 2022-02-28 04661134 2023-02-28 04661134 2022-03-01 2023-02-28 04661134 frs-core:CurrentFinancialInstruments 2023-02-28 04661134 frs-core:Non-currentFinancialInstruments 2023-02-28 04661134 frs-core:RevaluationReserve 2023-02-28 04661134 frs-core:ShareCapital 2023-02-28 04661134 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 04661134
Brandferry Ltd
Unaudited Financial Statements
For The Year Ended 28 February 2024
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—4
Page 1
Balance Sheet
Registered number: 04661134
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 1,400,000 1,400,000
1,400,000 1,400,000
CURRENT ASSETS
Debtors 5 37,771 24,063
Cash at bank and in hand 105 105
37,876 24,168
Creditors: Amounts Falling Due Within One Year 6 (16,309 ) (697 )
NET CURRENT ASSETS (LIABILITIES) 21,567 23,471
TOTAL ASSETS LESS CURRENT LIABILITIES 1,421,567 1,423,471
Creditors: Amounts Falling Due After More Than One Year 7 (250,050 ) (250,050 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (224,595 ) (224,595 )
NET ASSETS 946,922 948,826
CAPITAL AND RESERVES
Called up share capital 8 100 100
Revaluation reserve 9 122,526 122,526
Profit and Loss Account 824,296 826,200
SHAREHOLDERS' FUNDS 946,922 948,826
Page 1
Page 2
For the year ending 28 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Aaron Taub
Director
21st November 2024
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Brandferry Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 04661134 . The registered office is 7 Moresby Road, London, E5 9LE.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 2008).
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold NIL
3. Average Number of Employees
Average number of employees, including directors, during the year was as follows:1 NIL (2023: NIL)
- -
4. Tangible Assets
Land & Property
Freehold
£
Cost
As at 1 March 2023 1,400,000
As at 28 February 2024 1,400,000
Net Book Value
As at 28 February 2024 1,400,000
As at 1 March 2023 1,400,000
5. Debtors
2024 2023
£ £
Due within one year
Other debtors 37,771 24,063
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Other creditors 15,959 347
Accruals and deferred income 350 350
16,309 697
Page 3
Page 4
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 250,050 250,050
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Reserves
Revaluation Reserve
£
As at 1 March 2023 122,526
As at 28 February 2024 122,526
10. Ultimate Controlling Party
The company's ultimate controlling party is Mr. Yakov Grossman by virtue of his ownership of 70% of the issued share capital in the company.
Page 4