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REGISTERED NUMBER: NI617030 (Northern Ireland)












Bradbury Stores Limited

Unaudited Financial Statements for the Year Ended 31 August 2024






Bradbury Stores Limited (Registered number: NI617030)






Contents of the Financial Statements
for the year ended 31 August 2024




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


Bradbury Stores Limited

Company Information
for the year ended 31 August 2024







Director: Mr D K C O'Kane



Registered office: 51 Bradbury Place
Belfast
BT7 1RR



Registered number: NI617030 (Northern Ireland)



Accountants: Exchange Accountants Limited
Chartered Certified Accountants
Oakmont House
2 Queens Road
Lisburn
BT27 4TZ



Bankers: Danske Bank
Donegal Square West
Belfast
BT1 6JS

Bradbury Stores Limited (Registered number: NI617030)

Balance Sheet
31 August 2024

2024 2023
Notes £    £   
Fixed assets
Intangible assets 4 - -
Tangible assets 5 32,074 35,644
32,074 35,644

Current assets
Stocks 6 45,881 47,728
Debtors 7 29,453 24,170
Prepayments and accrued income 8,544 19,958
Cash at bank and in hand 126,831 168,163
210,709 260,019
Creditors
Amounts falling due within one year 8 (132,464 ) (158,781 )
Net current assets 78,245 101,238
Total assets less current liabilities 110,319 136,882

Creditors
Amounts falling due after more than one
year

9

(7,730

)

(15,146

)
Net assets 102,589 121,736

Capital and reserves
Called up share capital 12 1 1
Retained earnings 102,588 121,735
Shareholder funds 102,589 121,736

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the Company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Bradbury Stores Limited (Registered number: NI617030)

Balance Sheet - continued
31 August 2024


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

In accordance with Section 444 of the Companies Act 2006, the Income statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 January 2025 and were signed by:





Mr D K C O'Kane - Director


Bradbury Stores Limited (Registered number: NI617030)

Notes to the Financial Statements
for the year ended 31 August 2024

1. Statutory information

Bradbury Stores Limited is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 10% Straight line

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. Employees and directors

The average number of employees during the year was NIL (2023 - 4 ).

Bradbury Stores Limited (Registered number: NI617030)

Notes to the Financial Statements - continued
for the year ended 31 August 2024

4. Intangible fixed assets
Goodwill
£   
Cost
At 1 September 2023
and 31 August 2024 7,028
Amortisation
At 1 September 2023
and 31 August 2024 7,028
Net book value
At 31 August 2024 -
At 31 August 2023 -

5. Tangible fixed assets
Fixtures
and
fittings
£   
Cost
At 1 September 2023
and 31 August 2024 61,114
Depreciation
At 1 September 2023 25,470
Charge for year 3,570
At 31 August 2024 29,040
Net book value
At 31 August 2024 32,074
At 31 August 2023 35,644

6. Stocks
2024 2023
£    £   
Stocks 45,881 47,728

7. Debtors: amounts falling due within one year
2024 2023
£    £   
Commissions due 133 161
Works fund 25,784 24,009
Tax 3,536 -
29,453 24,170

Bradbury Stores Limited (Registered number: NI617030)

Notes to the Financial Statements - continued
for the year ended 31 August 2024

8. Creditors: amounts falling due within one year
2024 2023
£    £   
Bank loans and overdrafts (see note 10) 7,526 7,526
Trade creditors 26,437 27,537
Amounts owed to participating interests 57,005 52,666
Corporation tax - 12,364
Social security and other taxes 2,488 2,091
Wages due - 14,604
Pension costs due 660 618
VAT 9,336 9,668
Other creditors 12,295 14,401
Directors' current accounts 13,684 13,883
Accrued expenses 3,033 3,423
132,464 158,781

9. Creditors: amounts falling due after more than one year
2024 2023
£    £   
Bank loans (see note 10) 7,730 15,146

10. Loans

An analysis of the maturity of loans is given below:

2024 2023
£    £   
Amounts falling due within one year or on demand:
Bank loans 7,526 7,526

Amounts falling due between one and two years:
Bank loans - 1-2 years 7,526 7,526

Amounts falling due between two and five years:
Bank loans - 2-5 years 204 7,620

11. Secured debts

The following secured debts are included within creditors:

2024 2023
£    £   

Other loans are secured by way of a charge over company assets.

Bradbury Stores Limited (Registered number: NI617030)

Notes to the Financial Statements - continued
for the year ended 31 August 2024

12. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1