REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024 |
FOR |
THE BRIGHTON BEARD COMPANY LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024 |
FOR |
THE BRIGHTON BEARD COMPANY LIMITED |
THE BRIGHTON BEARD COMPANY LIMITED (BY SHARES) (REGISTERED NUMBER: 09603865) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE YEAR ENDED 31 MAY 2024 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
THE BRIGHTON BEARD COMPANY LIMITED (BY SHARES) |
COMPANY INFORMATION |
FOR THE YEAR ENDED 31 MAY 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: | Galloways Accounting (Hove) Limited |
The Old Casino |
28 Fourth Avenue |
Hove |
East Sussex |
BN3 2PJ |
THE BRIGHTON BEARD COMPANY LIMITED (BY SHARES) (REGISTERED NUMBER: 09603865) |
BALANCE SHEET |
31 MAY 2024 |
2024 | 2023 |
£ | £ | £ | £ |
FIXED ASSETS |
CURRENT ASSETS |
CREDITORS |
Amounts falling due within one year | ( |
) | ( |
) |
NET CURRENT ASSETS/(LIABILITIES) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
NET ASSETS |
CAPITAL AND RESERVES |
NOTES TO THE FINANCIAL STATEMENTS |
1. | AVERAGE NUMBER OF EMPLOYEES |
The average number of employees during the year was |
2. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
During the year, L J Kite & Ms J A Diplock decreased their loan to the company. As at 31 May 2024, the company owed them £42,831 (2023: £48,651). This balance represents the maximum amount outstanding during the year and the loan is interest free and repayable with 12 months notice. |
3. | ACCOUNTING BASIS |
These financial statements have been prepared on the basis that the company will continue to be a going concern. As at the year end the current liabilities exceeded current assets by £14,891. |
The validity of this basis depends upon the continued support of the company's directors. The directors confirms that they will give the required support. |
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. |
THE BRIGHTON BEARD COMPANY LIMITED (BY SHARES) (REGISTERED NUMBER: 09603865) |
BALANCE SHEET - continued |
31 MAY 2024 |
The financial statements were approved by the Board of Directors and authorised for issue on |