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REGISTERED NUMBER: 03999821 (England and Wales)















BRETTFIELD DEVELOPMENTS LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 MARCH 2024






BRETTFIELD DEVELOPMENTS LIMITED (REGISTERED NUMBER: 03999821)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 4


BRETTFIELD DEVELOPMENTS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: Mr J I MacGregor



SECRETARY: Mrs C L MacGregor



REGISTERED OFFICE: Shalom Hall
Colchester Road
Layer Breton
Essex
CO2 0PT



REGISTERED NUMBER: 03999821 (England and Wales)



BANKERS: HSBC Bank Plc
High Street
Colchester
Essex
CO1 1DQ

BRETTFIELD DEVELOPMENTS LIMITED (REGISTERED NUMBER: 03999821)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £   
FIXED ASSETS
Property, plant and equipment 4 7,160 37,973

CURRENT ASSETS
Debtors 5 83,113 49,991
Cash at bank 3,437,615 3,448,823
3,520,728 3,498,814
CREDITORS
Amounts falling due within one year 6 (2,031,425 ) (2,109,509 )
NET CURRENT ASSETS 1,489,303 1,389,305
TOTAL ASSETS LESS CURRENT LIABILITIES 1,496,463 1,427,278

CAPITAL AND RESERVES
Called up share capital 50,000 50,000
Retained earnings 1,446,463 1,377,278
SHAREHOLDERS' FUNDS 1,496,463 1,427,278

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

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

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 11 March 2025 and were signed by:





Mr J I MacGregor - Director


BRETTFIELD DEVELOPMENTS LIMITED (REGISTERED NUMBER: 03999821)

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


1. STATUTORY INFORMATION

Brettfield Developments Limited 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.

For the purposes of presentation the financial statements have been rounded to the nearest Pound Sterling (£).

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 value of work done in respect of contracting work and sales of properties which are recognised upon legal completion.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 33% on cost
Motor vehicles - 25% on cost

Financial instruments
Basic financial instruments are measured at amortised 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 material timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Work in progress
Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

BRETTFIELD DEVELOPMENTS LIMITED (REGISTERED NUMBER: 03999821)

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


4. PROPERTY, PLANT AND EQUIPMENT
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 April 2023 70,183 30,087 100,270
Additions 3,423 - 3,423
Disposals - (30,087 ) (30,087 )
At 31 March 2024 73,606 - 73,606
DEPRECIATION
At 1 April 2023 54,775 7,522 62,297
Charge for year 11,671 - 11,671
Eliminated on disposal - (7,522 ) (7,522 )
At 31 March 2024 66,446 - 66,446
NET BOOK VALUE
At 31 March 2024 7,160 - 7,160
At 31 March 2023 15,408 22,565 37,973

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 1,504 1,045
Deferred tax asset 69,713 47,127
Prepayments and accrued income 11,896 1,819
83,113 49,991

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 4,482 10,909
Corporation tax 22,807 141,271
Other taxes and social
security - 805
Other loans 1,134,310 1,134,310
Directors' current accounts 582,395 532,347
Accruals and deferred income 287,431 289,867
2,031,425 2,109,509