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REGISTERED NUMBER: 05388627 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2024

FOR

BRIGSTOCK DAIRIES LIMITED

BRIGSTOCK DAIRIES LIMITED (REGISTERED NUMBER: 05388627)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024




Page

Company Information 1

Chartered Certified Accountants' Report 2

Statement of Financial Position 3

Notes to the Financial Statements 5


BRIGSTOCK DAIRIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH APRIL 2024







DIRECTORS: M Brigstock
A Brigstock
Mrs D Martin





REGISTERED OFFICE: Brigstock Dairies
Stallings Lane
Kingswinford
West Midlands
DY6 7LA





REGISTERED NUMBER: 05388627 (England and Wales)





ACCOUNTANTS: French Ludlam & Co Limited
Mountfield House
661 High Street
Kingswinford
West Midlands
DY6 8AL

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
BRIGSTOCK DAIRIES LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Brigstock Dairies Limited for the year ended 30th April 2024 which comprise the Statement of Comprehensive Income, Statement of Financial Position, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Brigstock Dairies Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Brigstock Dairies Limited and state those matters that we have agreed to state to the Board of Directors of Brigstock Dairies Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Brigstock Dairies Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Brigstock Dairies Limited. You consider that Brigstock Dairies Limited 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 financial statements of Brigstock Dairies Limited. 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.






French Ludlam & Co Limited
Mountfield House
661 High Street
Kingswinford
West Midlands
DY6 8AL


30th January 2025

BRIGSTOCK DAIRIES LIMITED (REGISTERED NUMBER: 05388627)

STATEMENT OF FINANCIAL POSITION
30TH APRIL 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible assets 4 18,000 36,000
Tangible assets 5 92,698 69,903
110,698 105,903

CURRENT ASSETS
Stocks 24,013 28,040
Debtors 6 345,943 440,943
Cash at bank and in hand 4,101 2,563
374,057 471,546
CREDITORS
Amounts falling due within one year 7 386,620 554,228
NET CURRENT LIABILITIES (12,563 ) (82,682 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

98,135

23,221

CREDITORS
Amounts falling due after more than one year 8 (15,672 ) -

PROVISIONS FOR LIABILITIES (22,951 ) (13,208 )
NET ASSETS 59,512 10,013

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 59,412 9,913
SHAREHOLDERS' FUNDS 59,512 10,013

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

BRIGSTOCK DAIRIES LIMITED (REGISTERED NUMBER: 05388627)

STATEMENT OF FINANCIAL POSITION - continued
30TH 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30th January 2025 and were signed on its behalf by:





M Brigstock - Director


BRIGSTOCK DAIRIES LIMITED (REGISTERED NUMBER: 05388627)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024

1. STATUTORY INFORMATION

Brigstock Dairies Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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 2005, is being amortised evenly over its estimated useful life of twenty 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.


BRIGSTOCK DAIRIES LIMITED (REGISTERED NUMBER: 05388627)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 32 (2023 - 37 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1st May 2023
and 30th April 2024 363,000
AMORTISATION
At 1st May 2023 327,000
Charge for year 18,000
At 30th April 2024 345,000
NET BOOK VALUE
At 30th April 2024 18,000
At 30th April 2023 36,000

BRIGSTOCK DAIRIES LIMITED (REGISTERED NUMBER: 05388627)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1st May 2023 547,339
Additions 52,606
Disposals (5,000 )
At 30th April 2024 594,945
DEPRECIATION
At 1st May 2023 477,436
Charge for year 28,888
Eliminated on disposal (4,077 )
At 30th April 2024 502,247
NET BOOK VALUE
At 30th April 2024 92,698
At 30th April 2023 69,903

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£
COST
Additions 52,606
At 30th April 2024 52,606
DEPRECIATION
Charge for year 13,151
At 30th April 2024 13,151
NET BOOK VALUE
At 30th April 2024 39,455

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 307,134 408,587
Other debtors 38,809 32,356
345,943 440,943

BRIGSTOCK DAIRIES LIMITED (REGISTERED NUMBER: 05388627)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 41,837 24,743
Hire purchase contracts 17,097 -
Trade creditors 252,955 452,063
Taxation and social security 27,716 9,238
Other creditors 47,015 68,184
386,620 554,228

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£ £
Hire purchase contracts 15,672 -

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£ £
Bank overdrafts 41,837 24,743
Hire purchase contracts 32,769 -
74,606 24,743

There is currently a debenture in place against the company in favour of HSBC PLC.

All money and liabilities whatever, whenever and howsoever incurred by the Company whether now or in the future.

Hire purchase liabilities are secured against the assets to which they relate.