1 January 2023 false No description of principal activity Taxfiler 2024.6 10459443business:PrivateLimitedCompanyLtd2023-01-012023-12-31 104594432022-12-31 104594432023-01-012023-12-31 10459443business:AuditExemptWithAccountantsReport2023-01-012023-12-31 10459443business:FilletedAccounts2023-01-012023-12-31 104594432023-12-31 10459443business:Director12023-01-012023-12-31 10459443business:RegisteredOffice2023-01-012023-12-31 104594432022-12-31 10459443core:WithinOneYear2023-12-31 10459443core:WithinOneYear2022-12-31 10459443core:AfterOneYear2023-12-31 10459443core:AfterOneYear2022-12-31 10459443core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 10459443core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 10459443core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 10459443core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 10459443core:PreviouslyStatedAmount2023-12-31 10459443core:PreviouslyStatedAmount2022-12-31 10459443business:SmallEntities2023-01-012023-12-31 10459443countries:EnglandWales2023-01-012023-12-31 10459443core:LandBuildings2023-01-012023-12-31 10459443core:FurnitureFittings2023-01-012023-12-31 10459443core:Goodwill2022-12-31 10459443core:Goodwill2023-12-31 10459443core:Goodwill2023-01-012023-12-31 10459443core:LandBuildings2022-12-31 10459443core:FurnitureFittings2022-12-31 10459443core:LandBuildings2023-12-31 10459443core:FurnitureFittings2023-12-31 104594432022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. 10459443 (England and Wales)
BRAZZLE CANVEY ISLAND LIMITED Unaudited accounts for the year ended 31 December 2023
BRAZZLE CANVEY ISLAND LIMITED Unaudited accounts Contents
Page
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BRAZZLE CANVEY ISLAND LIMITED Company Information for the year ended 31 December 2023
Director
Mr Huw Wardrope
Company Number
10459443 (England and Wales)
Registered Office
95 MIDDLESEX STREET LONDON E1 7DA ENGLAND
Accountants
London Accounting Firm Jasmine Langley Park Road Iver SL0 0JQ
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BRAZZLE CANVEY ISLAND LIMITED Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
6,000 
8,000 
Tangible assets
66,233 
94,019 
72,233 
102,019 
Current assets
Debtors
60,755 
56,817 
Cash at bank and in hand
10,932 
6 
71,687 
56,823 
Creditors: amounts falling due within one year
(323,068)
(325,043)
Net current liabilities
(251,381)
(268,220)
Total assets less current liabilities
(179,148)
(166,201)
Creditors: amounts falling due after more than one year
(265,326)
(244,919)
Net liabilities
(444,474)
(411,120)
Capital and reserves
Called up share capital
101 
1 
Profit and loss account
(444,575)
(411,121)
Shareholders' funds
(444,474)
(411,120)
For the year ending 31 December 2023 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 his 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 31 January 2025 and were signed on its behalf by
Mr Huw Wardrope Director Company Registration No. 10459443
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BRAZZLE CANVEY ISLAND LIMITED Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
BRAZZLE CANVEY ISLAND LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10459443. The registered office is 95 MIDDLESEX STREET, LONDON, E1 7DA, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Land & buildings
Over the remaining lease term
Fixtures & fittings
20% Straight Line
Intangible fixed assets
Goodwill represents the excess of the cost of acquisition of unincorporated businesses over the fair value of net assets acquired. It is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is considered to have a finite useful life and is amortised on a systematic basis over its expected life, which is 5 years. For the purposes of impairment testing, goodwill is allocated to the cash-generating units expected to benefit from the acquisition. Cash-generating units to which goodwill has been allocated are tested for impairment at least annually, or more frequently when there is an indication that the unit may be impaired. If the recoverable amount of the cash-generating unit is less than the carrying amount of the unit, the impairment loss is allocated first to reduce the carrying amount of any goodwill allocated to the unit and then to the other assets of the unit pro-rata on the basis of the carrying amount of each asset in the unit.
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BRAZZLE CANVEY ISLAND LIMITED Notes to the Accounts for the year ended 31 December 2023
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2023
35,000 
At 31 December 2023
35,000 
Amortisation
At 1 January 2023
27,000 
Charge for the year
2,000 
At 31 December 2023
29,000 
Net book value
At 31 December 2023
6,000 
At 31 December 2022
8,000 
5
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2023
286,154 
17,571 
303,725 
Additions
34 
3,199 
3,233 
At 31 December 2023
286,188 
20,770 
306,958 
Depreciation
At 1 January 2023
193,892 
15,814 
209,706 
Charge for the year
31,019 
- 
31,019 
At 31 December 2023
224,911 
15,814 
240,725 
Net book value
At 31 December 2023
61,277 
4,956 
66,233 
At 31 December 2022
92,262 
1,757 
94,019 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
115 
65 
Amounts due from group undertakings etc.
49,338 
45,450 
Accrued income and prepayments
1,302 
1,302 
Other debtors
10,000 
10,000 
60,755 
56,817 
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BRAZZLE CANVEY ISLAND LIMITED Notes to the Accounts for the year ended 31 December 2023
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
35,187 
87,967 
VAT
35,800 
20,583 
Trade creditors
25,712 
13,649 
Taxes and social security
21,521 
16,236 
Other creditors
- 
2,885 
Loans from directors
197,417 
166,092 
Accruals
7,431 
17,631 
323,068 
325,043 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
74,449 
41,834 
Amounts owed to group undertakings and other participating interests
190,677 
203,085 
Other creditors
200 
- 
265,326 
244,919 
9
Transactions with related parties
At the balance sheet date the company owed to/from companies under common control. The loans are interest free and repayable on demand. Amount owed to Brazzle Finance Ltd - £190,677 Amount receivable from Brazzle Ltd - £49,336
10
Controlling party
The immediate parent company is Brazzle Holdings Limited and the ultimate controlling party is Mr H Wardrope.
11
Average number of employees
During the year the average number of employees was 4 (2022: 5).
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