BRANDED AUTHORISED DISTRIBUTORS LTD |
Registered Number:08419501 |
For the year ended 29 February 2024
England and Wales
Unaudited Financial Statements
For the year ended 29 February 2024
BRANDED AUTHORISED DISTRIBUTORS LTD
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
BRANDED AUTHORISED DISTRIBUTORS LTD
Statement of Financial Position
2023
2024
Property, plant and equipment |
6,610
8,261
2
6,610
8,261
123,000
110,877
3
Trade and other receivables |
550
-
4
-
Cash and cash equivalents |
185
111,062
123,550
Trade and other payables: amounts falling due within one |
year |
(91,504)
(81,502)
5
32,046
29,560
Net current assets
Total assets less current liabilities |
36,170
40,307
Trade and other payables: amounts falling due after more |
than one year |
(39,910)
(35,463)
6
707
Net assets
397
2
2
705
395
707
397
Shareholders' funds
For the year ended 29 February 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 of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
These financial statements were approved and authorised for issue by the Board on 29 November 2024 and were signed by: |
The notes form part of these financial statements |
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For the year ended 29 February 2024
BRANDED AUTHORISED DISTRIBUTORS LTD
Notes to the Financial Statements
Statutory Information
BRANDED AUTHORISED DISTRIBUTORS LTD is a private limited company, limited by shares, domiciled in England |
and Wales, registration number 08419501. |
Unit 9, 97/101 Peregrine road
Hainault Business park
Essex
IG6 3XH
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Land and buildings
Plant and machinery
Computer equipment
Motor vehicles
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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For the year ended 29 February 2024
BRANDED AUTHORISED DISTRIBUTORS LTD
Notes to the Financial Statements Continued
2. Property, plant and equipment |
Motor vehicles
13,707
937
1,829
8,966
775
1,200
1,200
8,966
1,829
937
13,707
775
Provision for depreciation and impairment |
5,446
281
821
4,045
155
144
Charge for year
1,651
131
201
984
124
211
7,097
412
1,022
5,029
279
355
845
496
3,937
807
525
6,610
1,056
620
4,921
1,008
656
8,261
2023
2024
110,877
123,000
4. Trade and other receivables |
2023
2024
-
550
5. Trade and other payables: amounts falling due within one year |
2023
2024
2,677
30,750
1,794
3,584
Taxation and social security |
7,717
11,509
69,314
45,661
81,502
91,504
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For the year ended 29 February 2024
BRANDED AUTHORISED DISTRIBUTORS LTD
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due after more than one year |
2023
2024
35,463
38,045
-
1,865
35,463
39,910
7. Average number of persons employed |
During the year the average number of employees was 1
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