Anthony Branfield Limited 14896276 true 2023-05-26 2024-05-31 2024-05-31 The principal activity of the company is Activities of construction holding companies Digita Accounts Production Advanced 6.30.9574.0 true Mr A Branfield Mrs Victoria Branfield false true 14896276 2023-05-26 2024-05-31 14896276 2024-05-31 14896276 core:ShareCapital 2024-05-31 14896276 core:CurrentFinancialInstruments 2024-05-31 14896276 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 14896276 core:AdditionsToInvestments 2024-05-31 14896276 core:AllSubsidiaries 2024-05-31 14896276 bus:FRS102 2023-05-26 2024-05-31 14896276 bus:AuditExempt-NoAccountantsReport 2023-05-26 2024-05-31 14896276 bus:FullAccounts 2023-05-26 2024-05-31 14896276 bus:RegisteredOffice 2023-05-26 2024-05-31 14896276 bus:Director1 2023-05-26 2024-05-31 14896276 bus:Director2 2023-05-26 2024-05-31 14896276 bus:EntityHasNeverTraded 2023-05-26 2024-05-31 14896276 bus:PrivateLimitedCompanyLtd 2023-05-26 2024-05-31 14896276 core:AllSubsidiaries 2023-05-26 2024-05-31 14896276 countries:AllCountries 2023-05-26 2024-05-31 iso4217:GBP

Registration number: 14896276

Anthony Branfield Limited

Annual Report and Unaudited Financial Statements

for the Period from 26 May 2023 to 31 May 2024

 

Anthony Branfield Limited

Profit and Loss Account for the Period from 26 May 2023 to 31 May 2024

The company has not traded during the period. During this period, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

 

Anthony Branfield Limited

(Registration number: 14896276)
Balance Sheet as at 31 May 2024

Note

2024
£

Fixed assets

 

Investments

3

60

Current assets

 

Debtors

4

100

Cash at bank and in hand

 

1

 

101

Creditors: Amounts falling due within one year

6

(61)

Net current assets

 

40

Net assets

 

100

Capital and reserves

 

Called up share capital

100

Shareholders' funds

 

100

For the financial period ending 31 May 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 22 January 2025 and signed on its behalf by:
 

Mr A Branfield
Director

   
     
 

Anthony Branfield Limited

Notes to the Unaudited Financial Statements for the Period from 26 May 2023 to 31 May 2024

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
141 Staplegrove Road
Taunton
Somerset
TA2 6AF

These financial statements were authorised for issue by the Board on 22 January 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the company, and rounded to the nearest £.

Going concern

The financial statements have been prepared on a going concern basis.

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.


Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

 

Anthony Branfield Limited

Notes to the Unaudited Financial Statements for the Period from 26 May 2023 to 31 May 2024

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Investments

2024
£

Investments in subsidiaries

60

Subsidiaries

£

Cost or valuation

Additions

60

Carrying amount

At 31 May 2024

60

4

Debtors

Current

2024
£

Other debtors

100

5

Cash and cash equivalents

2024
£

Cash at bank

1

 

Anthony Branfield Limited

Notes to the Unaudited Financial Statements for the Period from 26 May 2023 to 31 May 2024

6

Creditors

Note

2024
£

Due within one year

 

Amounts due to related parties

7

61

7

Related party transactions

Loans to related parties

2024

Subsidiary
£

Total
£

Advanced

61

61

At end of period

61

61

Terms of loans to related parties

During the period the company received an interest free loan from a connected company which is repayable on demand. At the period end the balance outstanding was £61.