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Company Registration No. 04787829 (England and Wales)
Wm. Bradley & Co. Ltd. Unaudited accounts for the year ended 30 June 2024
Wm. Bradley & Co. Ltd. Unaudited accounts Contents
Page
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Wm. Bradley & Co. Ltd. Company Information for the year ended 30 June 2024
Director
William Bradley
Company Number
04787829 (England and Wales)
Registered Office
C/O BATESONS CHARTERED ACCOUNTANTS, 2 STATHAM COURT STATHAM STREET MACCLESFIELD SK11 6XN
Accountants
Batesons 2 Statham Court Statham Street Macclesfield Cheshire SK11 6XN
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Wm. Bradley & Co. Ltd. Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
22,570 
21,172 
Current assets
Debtors
119,783 
103,135 
Cash at bank and in hand
76,517 
76,769 
196,300 
179,904 
Creditors: amounts falling due within one year
(167,312)
(154,105)
Net current assets
28,988 
25,799 
Total assets less current liabilities
51,558 
46,971 
Provisions for liabilities
Deferred tax
(4,288)
(4,022)
Net assets
47,270 
42,949 
Capital and reserves
Called up share capital
10,000 
10,000 
Profit and loss account
37,270 
32,949 
Shareholders' funds
47,270 
42,949 
For the year ending 30 June 2024 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 21 October 2024 and were signed on its behalf by
William Bradley Director Company Registration No. 04787829
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Wm. Bradley & Co. Ltd. Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
Wm. Bradley & Co. Ltd. is a private company, limited by shares, registered in England and Wales, registration number 04787829. The registered office is C/O BATESONS CHARTERED, ACCOUNTANTS, 2 STATHAM COURT, STATHAM STREET, MACCLESFIELD, SK11 6XN.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
15% reducing balance basis
Motor vehicles
25% reducing balance basis
Fixtures & fittings
15% reducing balance basis
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset. Deferred tax assets and liabilities are not discounted.
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Wm. Bradley & Co. Ltd. Notes to the Accounts for the year ended 30 June 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 July 2023
41,904 
53,763 
13,388 
109,055 
Additions
6,051 
- 
- 
6,051 
At 30 June 2024
47,955 
53,763 
13,388 
115,106 
Depreciation
At 1 July 2023
28,070 
47,673 
12,140 
87,883 
Charge for the year
2,944 
1,522 
187 
4,653 
At 30 June 2024
31,014 
49,195 
12,327 
92,536 
Net book value
At 30 June 2024
16,941 
4,568 
1,061 
22,570 
At 30 June 2023
13,834 
6,090 
1,248 
21,172 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
55,623 
49,174 
Accrued income and prepayments
2,271 
1,973 
Other debtors
61,889 
51,988 
119,783 
103,135 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
3,406 
- 
Trade creditors
21,658 
20,471 
Taxes and social security
33,440 
33,906 
Other creditors
494 
507 
Accruals
6,058 
6,059 
Deferred income
102,256 
93,162 
167,312 
154,105 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
10,000 Ordinary shares of £1 each
10,000 
10,000 
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Wm. Bradley & Co. Ltd. Notes to the Accounts for the year ended 30 June 2024
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
William Bradley
Loan
24,553 
- 
- 
24,553 
24,553 
- 
- 
24,553 
Dividends paid to directors in their capacity as shareholders during the year included £70,000 (2019 £56,600) to Mr W A Bradley.
9
Transactions with related parties
During the year the company was owed £22,435 from Aquascopic a business which was run by Mr W A Bradley. The transactions were on a normal trading basis.
10
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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