1 December 2023 false Taxfiler 2024.6 13760120business:PrivateLimitedCompanyLtd2023-12-012024-11-30 137601202023-11-30 137601202023-12-012024-11-30 13760120business:AuditExemptWithAccountantsReport2023-12-012024-11-30 13760120business:FilletedAccounts2023-12-012024-11-30 137601202024-11-30 13760120business:Director12023-12-012024-11-30 13760120business:RegisteredOffice2023-12-012024-11-30 137601202023-11-30 13760120core:WithinOneYear2024-11-30 13760120core:WithinOneYear2023-11-30 13760120core:AfterOneYear2024-11-30 13760120core:AfterOneYear2023-11-30 13760120core:ShareCapitalcore:PreviouslyStatedAmount2024-11-30 13760120core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 13760120core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-11-30 13760120core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 13760120core:PreviouslyStatedAmount2024-11-30 13760120core:PreviouslyStatedAmount2023-11-30 13760120business:SmallEntities2023-12-012024-11-30 13760120countries:EnglandWales2023-12-012024-11-30 13760120core:FurnitureFittings2023-12-012024-11-30 13760120core:ComputerEquipment2023-12-012024-11-30 13760120core:FurnitureFittings2023-11-30 13760120core:ComputerEquipment2023-11-30 13760120core:FurnitureFittings2024-11-30 13760120core:ComputerEquipment2024-11-30 137601202022-12-012023-11-30 iso4217:GBP xbrli:pure
Company Registration No. 13760120 (England and Wales)
Branchetti Ltd Unaudited accounts for the year ended 30 November 2024
Branchetti Ltd Unaudited accounts Contents
Page
- 2 -
Branchetti Ltd Company Information for the year ended 30 November 2024
Director
Maria Cristina Branchetti
Company Number
13760120 (England and Wales)
Registered Office
Rocking Horse Nursery 1 The Stables Carla Beck Lane, Carleton Skipton North Yorkshire BD23 3BU England
Accountants
Goodbooks (Skipton) Ltd Duke House Duke Street Skipton North Yorkshire BD23 2HQ
- 3 -
Branchetti Ltd Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,093 
2,189 
Current assets
Debtors
6,033 
5,857 
Cash at bank and in hand
1,342 
8,386 
7,375 
14,243 
Creditors: amounts falling due within one year
(73,444)
(73,828)
Net current liabilities
(66,069)
(59,585)
Total assets less current liabilities
(62,976)
(57,396)
Creditors: amounts falling due after more than one year
- 
(19,851)
Net liabilities
(62,976)
(77,247)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(63,076)
(77,347)
Shareholders' funds
(62,976)
(77,247)
For the year ending 30 November 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 20 January 2025 and were signed on its behalf by
Maria Cristina Branchetti Director Company Registration No. 13760120
- 4 -
Branchetti Ltd Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
Branchetti Ltd is a private company, limited by shares, registered in England and Wales, registration number 13760120. The registered office is Rocking Horse Nursery, 1 The Stables, Carla Beck Lane, Carleton, Skipton, North Yorkshire, BD23 3BU, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
3 years Straight line method
Computer equipment
3 years Straight line method
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
- 5 -
Branchetti Ltd Notes to the Accounts for the year ended 30 November 2024
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2023
1,956 
1,943 
3,899 
Additions
2,661 
- 
2,661 
At 30 November 2024
4,617 
1,943 
6,560 
Depreciation
At 1 December 2023
1,038 
672 
1,710 
Charge for the year
1,045 
712 
1,757 
At 30 November 2024
2,083 
1,384 
3,467 
Net book value
At 30 November 2024
2,534 
559 
3,093 
At 30 November 2023
918 
1,271 
2,189 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
1,033 
857 
Other debtors
5,000 
5,000 
6,033 
5,857 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
2,491 
14,540 
Trade creditors
547 
289 
Taxes and social security
23,947 
16,786 
Other creditors
33,718 
25,900 
Loans from directors
1,162 
3,403 
Deferred income
11,579 
12,910 
73,444 
73,828 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
- 
2,510 
Loans from directors
- 
17,341 
- 
19,851 
8
Average number of employees
During the year the average number of employees was 21 (2023: 15).
- 6 -