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REGISTERED NUMBER: NI013042 (Northern Ireland)















Unaudited Financial Statements for the Year Ended 31 January 2024

for

Bradley Textiles Limited

Bradley Textiles Limited (Registered number: NI013042)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bradley Textiles Limited

Company Information
for the Year Ended 31 January 2024







DIRECTORS: B P Johnston
Mrs R A Johnston





SECRETARY: Mrs R A Johnston





REGISTERED OFFICE: 6 Huss Row
Belfast
Northern Ireland
BT13 1EE





REGISTERED NUMBER: NI013042 (Northern Ireland)





ACCOUNTANT: Richard Allen & Associates
21 Church Road
Parkstone
Poole
Dorset
BH14 8UF

Bradley Textiles Limited (Registered number: NI013042)

Balance Sheet
31 January 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 4,058 4,640

CURRENT ASSETS
Stocks 28,250 25,500
Debtors 5 53,016 49,427
81,266 74,927
CREDITORS
Amounts falling due within one year 6 95,906 77,736
NET CURRENT LIABILITIES (14,640 ) (2,809 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(10,582

)

1,831

PROVISIONS FOR LIABILITIES 771 906
NET (LIABILITIES)/ASSETS (11,353 ) 925

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (11,355 ) 923
SHAREHOLDERS' FUNDS (11,353 ) 925

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

Bradley Textiles Limited (Registered number: NI013042)

Balance Sheet - continued
31 January 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 November 2024 and were signed on its behalf by:





B P Johnston - Director


Bradley Textiles Limited (Registered number: NI013042)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Bradley Textiles Limited is a private company, limited by shares , registered in Northern Ireland. 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 33% on cost and 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

Bradley Textiles Limited (Registered number: NI013042)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2023 161,037
Additions 232
At 31 January 2024 161,269
DEPRECIATION
At 1 February 2023 156,397
Charge for year 814
At 31 January 2024 157,211
NET BOOK VALUE
At 31 January 2024 4,058
At 31 January 2023 4,640

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 24,177 33,957
Other debtors 28,839 15,470
53,016 49,427

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 34,331 28,927
Trade creditors 14,885 11,560
Taxation and social security 28,299 18,501
Other creditors 18,391 18,748
95,906 77,736

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2024 and 31 January 2023:

2024 2023
£    £   
B P Johnston and Mrs R A Johnston
Balance outstanding at start of year 15,469 9,803
Amounts advanced 48,087 35,898
Amounts repaid (41,938 ) (30,232 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 21,618 15,469