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REGISTERED NUMBER: 06905453 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

BRC PROMOTIONS LTD

BRC PROMOTIONS LTD (REGISTERED NUMBER: 06905453)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BRC PROMOTIONS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTOR: Mark Campion





REGISTERED OFFICE: 1 Acorn Business Park
Heaton Lane
Stockport
Cheshire
SK4 1AS





REGISTERED NUMBER: 06905453 (England and Wales)





ACCOUNTANTS: Wallwork Nelson & Johnson
Chandler House
7 Ferry Road Office Park
Riversway
Preston
Lancashire
PR2 2YH

BRC PROMOTIONS LTD (REGISTERED NUMBER: 06905453)

BALANCE SHEET
31 MAY 2024

31/5/24 31/5/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 51,177 46,858
Investments 5 306,000 306,000
357,177 352,858

CURRENT ASSETS
Debtors 6 1,089,276 970,405
Cash at bank 1,035,320 784,404
2,124,596 1,754,809
CREDITORS
Amounts falling due within one year 7 1,010,603 917,876
NET CURRENT ASSETS 1,113,993 836,933
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,471,170

1,189,791

PROVISIONS FOR LIABILITIES 5,851 3,289
NET ASSETS 1,465,319 1,186,502

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,465,219 1,186,402
SHAREHOLDERS' FUNDS 1,465,319 1,186,502

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

BRC PROMOTIONS LTD (REGISTERED NUMBER: 06905453)

BALANCE SHEET - continued
31 MAY 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 19 February 2025 and were signed by:





Mark Campion - Director


BRC PROMOTIONS LTD (REGISTERED NUMBER: 06905453)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1. STATUTORY INFORMATION

BRC Promotions Ltd 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.

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 represents the commissions due to the company based on lottery ticket sales in the year and income due the sale of promotional services and product.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation and any provision for impairment in value.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery- 25% on cost
Fixtures and fittings- 25% on cost
Motor vehicles- 25% on cost

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Going concern
The director considers the company to have sufficient financial resources and expected income to ensure the budgeted expense obligations can be satisfied and the company will continue as a going concern. Thus the going concern basis of accounting in preparing the annual financial statement has been adopted.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 26 (2023 - 27 ) .

BRC PROMOTIONS LTD (REGISTERED NUMBER: 06905453)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023 150,854
Additions 86,891
Disposals (73,231 )
At 31 May 2024 164,514
DEPRECIATION
At 1 June 2023 103,996
Charge for year 27,867
Eliminated on disposal (18,526 )
At 31 May 2024 113,337
NET BOOK VALUE
At 31 May 2024 51,177
At 31 May 2023 46,858

5. FIXED ASSET INVESTMENTS
Investments
£   
At 1 June 2023
and 31 May 2024 306,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/5/24 31/5/23
£    £   
Trade debtors 452,793 294,775
Other debtors 636,483 675,630
1,089,276 970,405

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/5/24 31/5/23
£    £   
Trade creditors 134,157 30,077
Taxation and social security 180,279 148,019
Other creditors 696,167 739,780
1,010,603 917,876

BRC PROMOTIONS LTD (REGISTERED NUMBER: 06905453)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024

8. RELATED PARTY DISCLOSURES

The director and majority shareholder, Mr Mark Campion, is also the director and majority shareholder of OSC Property Limited, AMC Interactive Ltd, Build-A-Booth Ltd and 2 Gees Fashion Ltd.

Administration expenses in the period includes rent paid to OSC Property Ltd of £17,976 (2023; £17,976).

Note 8 Debtors: Other debtors includes £248,250 (2023; £320,105) due from OSC Property Ltd, £149,498 (2023: £149,498) due from Build-a-Booth Ltd and £33,654 (2023: £32,637) due from 2Gees Fashion.

Note 9 Creditors: Other creditors includes £112,959 (2023; £66,959) due to AMC Interactive Ltd

9. ULTIMATE CONTROLLING PARTY

The company is owned and controlled by the director, Mark Campion, by way of his majority shareholding.