Company Registration No. 10674357 (England and Wales)
BRACKNELL STORES LIMITED
Unaudited accounts
for the year ended 31 March 2024
BRACKNELL STORES LIMITED
Unaudited accounts
Contents
BRACKNELL STORES LIMITED
Company Information
for the year ended 31 March 2024
Directors
Rajender Singh Madan
Kultar Singh Kanija
Company Number
10674357 (England and Wales)
Registered Office
121 Beavers Lane
Hounslow
TW4 6HF
UK
Accountants
Gurdeep Jaswal
Jaswal and Co Limited
121 Beavers Lane
Hounslow
Middlesex
TW4 6HF
BRACKNELL STORES LIMITED
Statement of financial position
as at 31 March 2024
Intangible assets
10,000
10,000
Tangible assets
24,911
28,772
Inventories
116,000
98,000
Cash at bank and in hand
72,624
71,353
Creditors: amounts falling due within one year
7,387
(73,536)
Net current assets
226,011
566,376
Total assets less current liabilities
260,922
605,148
Creditors: amounts falling due after more than one year
(160,518)
(509,043)
Called up share capital
100
100
Profit and loss account
100,304
96,005
Shareholders' funds
100,404
96,105
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 11 March 2025 and were signed on its behalf by
Kultar Singh Kanija
Director
Company Registration No. 10674357
BRACKNELL STORES LIMITED
Notes to the Accounts
for the year ended 31 March 2024
BRACKNELL STORES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10674357. The registered office is 121 Beavers Lane, Hounslow, TW4 6HF, UK.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Motor vehicles
20% Reducing Balance Method
Fixtures & fittings
10% Reducing Balance Method
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
BRACKNELL STORES LIMITED
Notes to the Accounts
for the year ended 31 March 2024
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2023
15,302
50,530
65,832
At 31 March 2024
15,302
51,615
66,917
At 1 April 2023
11,307
25,753
37,060
Charge for the year
2,262
2,684
4,946
At 31 March 2024
13,569
28,437
42,006
At 31 March 2024
1,733
23,178
24,911
At 31 March 2023
3,995
24,777
28,772
Amounts falling due within one year
Accrued income and prepayments
30,000
30,000
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,000
20,403
Taxes and social security
-
8,940
Loans from directors
(17,387)
-
8
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
51,387
390,940
Taxes and social security
1,026
-
Loans from directors
75,000
75,000
Other Creditors are 100% made up of directors' loan to the business.
9
Average number of employees
During the year the average number of employees was 6 (2023: 6).