Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-292023-03-01falseNo description of principal activity22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 10634253 2023-03-01 2024-02-29 10634253 2022-03-01 2023-02-28 10634253 2024-02-29 10634253 2023-02-28 10634253 c:Director1 2023-03-01 2024-02-29 10634253 c:Director2 2023-03-01 2024-02-29 10634253 c:RegisteredOffice 2023-03-01 2024-02-29 10634253 d:Buildings 2023-03-01 2024-02-29 10634253 d:Buildings 2024-02-29 10634253 d:Buildings 2023-02-28 10634253 d:FurnitureFittings 2023-03-01 2024-02-29 10634253 d:FurnitureFittings 2024-02-29 10634253 d:FurnitureFittings 2023-02-28 10634253 d:Non-currentFinancialInstruments d:AfterOneYear 2024-02-29 10634253 d:Non-currentFinancialInstruments d:AfterOneYear 2023-02-28 10634253 d:ShareCapital 2024-02-29 10634253 d:ShareCapital 2023-02-28 10634253 d:RetainedEarningsAccumulatedLosses 2024-02-29 10634253 d:RetainedEarningsAccumulatedLosses 2023-02-28 10634253 c:FRS102 2023-03-01 2024-02-29 10634253 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 10634253 c:FullAccounts 2023-03-01 2024-02-29 10634253 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 10634253 d:OtherDeferredTax 2024-02-29 10634253 d:OtherDeferredTax 2023-02-28 iso4217:GBP xbrli:pure
Registered number: 10634253










BRTR LTD
UNAUDITED
ANNUAL REPORT
FOR THE YEAR ENDED 29 FEBRUARY 2024




















 
BRTR LTD
 
 
Company Information


Directors
D Crudgington 
J Crudgington 




Registered number
10634253



Registered office
61 Bridge Street

Kington

HR5 3DJ





 
BRTR LTD
Registered number: 10634253

Balance sheet
As at 29 February 2024

29 February
28 February
2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
328,000
337,000

  
328,000
337,000

Current assets
  

Cash at bank and in hand
  
64,752
65,813

  
64,752
65,813

Total assets less current liabilities
  
 
 
392,752
 
 
402,813

Creditors: amounts falling due after more than one year
  
(325,202)
(325,202)

Provisions for liabilities
  

Deferred tax
 5 
(14,101)
(15,811)

  
 
 
(14,101)
 
 
(15,811)

Net assets
  
53,449
61,800


Capital and reserves
  

Called up share capital 
  
1
1

Profit and loss account
  
53,448
61,799

  
53,449
61,800

Page 1

 
BRTR LTD
Registered number: 10634253
    
Balance sheet (continued)
As at 29 February 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 18 January 2025.




D Crudgington
Director

The notes on pages 3 to 6 form part of these financial statements.
Page 2

 
BRTR LTD
 
 
 
Notes to the financial statements
For the Year Ended 29 February 2024

1.


General information

BRTR Ltd is a private company limited by share capital, incorporated in England and Wales, registration number 10634253.  The address of the registered office is 61 Bridge Street, Kington, HR5 3DJ.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Page 3

 
BRTR LTD
 
 
 
Notes to the financial statements
For the Year Ended 29 February 2024

2.Accounting policies (continued)

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

The estimated useful lives range as follows:

Fixtures & fittings
-
3
years straight-line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Investment property

Investment property is carried at fair value determined annually by external valuers and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided. Changes in fair value are recognised in profit or loss.

 
2.7

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Balance sheet.


3.


Employees

The average monthly number of employees, including the directors, during the year was as follows:


        2024
        2023
            No.
            No.







Directors
2
2

Page 4

 
BRTR LTD
 
 
 
Notes to the financial statements
For the Year Ended 29 February 2024

4.


Tangible fixed assets







Freehold investment property
Fixtures & fittings
Total

£
£
£



Cost or valuation


At 1 March 2023
337,000
2,235
339,235


Revaluations
(9,000)
-
(9,000)



At 29 February 2024

328,000
2,235
330,235



Depreciation


At 1 March 2023
-
2,235
2,235



At 29 February 2024

-
2,235
2,235



Net book value



At 29 February 2024
328,000
-
328,000

Page 5

 
BRTR LTD
 
 
 
Notes to the financial statements
For the Year Ended 29 February 2024

5.


Deferred taxation






2024


£






At beginning of year
(15,811)


Charged to profit or loss
1,710



At end of year
(14,101)

The provision for deferred taxation is made up as follows:

29 February
28 February
2024
2023
£
£


Gain from change in fair value of investment property
(14,101)
(15,811)

(14,101)
(15,811)

 
Page 6