Company registration number: 09553224
Unaudited financial statements
for the year ended 30 April 2024
for
Brown And White Toast Ltd
Pages for filing with the Registrar
Brown And White Toast Ltd
Accountants' Report to the Board of Directors for the preparation of the unaudited
financial statements
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Brown And White Toast Ltd for the year ended 30 April 2024 which comprise the Profit and loss account, Balance sheet and the notes to the financial statements from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Brown And White Toast Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Brown And White Toast Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Brown And White Toast Ltd and its Board of Directors, as a body, for our work, or for this report.
It is your duty to ensure that Brown And White Toast Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Brown And White Toast Ltd. You consider that Brown And White Toast Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Brown And White Toast Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Horley and Stone Ltd
Finance House
221B Tamworth Road
Long Eaton
Nottingham
British Forces
NG10 1DN
United Kingdom
Date: 23 January 2025
1
Company registration number: 09553224
Brown And White Toast Ltd
Balance sheet
as at 30 April 2024
30 Apr 24 30 Apr 23
Note £ £ £ £
Intangible assets 4 - -
Tangible assets 5 - -
Current assets
Debtors (100) (100)
Cash at bank and in hand 9,834 11,586
9,734 11,486
Net current assets 9,734 11,486
Creditors: Amounts falling due after
more than one year
(95,210) (96,962)
NET LIABILITIES (85,476) (85,476)
Capital and reserves
Profit and loss account (85,476) (85,476)
TOTAL EQUITY (85,476) (85,476)
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 April 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
2
Company registration number: 09553224
Brown And White Toast Ltd
Balance sheet - continued
as at 30 April 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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 23 January 2025 and signed on its behalf by:
Mrs S Parsons, Director Mrs C Roberts, Director
23 January 2025 23 January 2025
3
Brown And White Toast Ltd
Notes to the financial statements
for the year ended 30 April 2024
1 Company information
Brown And White Toast Ltd is a private company registered in England and Wales. Its registered number is 09553224. The company is limited by shares. Its registered office is 221b Tamworth Road, Long Eaton, Nottingham, NG10 1DN.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
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.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill - 100% straight line
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Fixtures & fittings - 20% straight line
3 Average number of employees
During the year the average number of employees was 6 (2023 - 6).
4
Brown And White Toast Ltd
Notes to the financial statements - continued
for the year ended 30 April 2024
4 Intangible assets
Goodwill
£
Cost
At 1 May 2023 22,500
At 30 April 2024 22,500
Amortisation
At 1 May 2023 22,500
At 30 April 2024 22,500
Net book value
At 30 April 2024 -
At 30 April 2023 -
5 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 May 2023 4,100
At 30 April 2024 4,100
Depreciation
At 1 May 2023 4,100
At 30 April 2024 4,100
Net book value
At 30 April 2024 -
At 30 April 2023 -
5