Company Registration No. 13760120 (England and Wales)
Branchetti Ltd
Unaudited accounts
for the year ended 30 November 2024
Branchetti Ltd
Unaudited accounts
Contents
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
Branchetti Ltd
Statement of financial position
as at 30 November 2024
Tangible assets
3,093
2,189
Cash at bank and in hand
1,342
8,386
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)
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
Branchetti Ltd
Notes to the Accounts
for the year ended 30 November 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
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.
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
At 30 November 2024
4,617
1,943
6,560
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
At 30 November 2024
2,534
559
3,093
At 30 November 2023
918
1,271
2,189
Amounts falling due within one year
Accrued income and prepayments
1,033
857
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
2,491
14,540
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
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
-
17,341
8
Average number of employees
During the year the average number of employees was 21 (2023: 15).