Registered number
01338789
Britannia Match Limited
Filleted Accounts
31 December 2024
Mattison & Co
Accountants
70 High Street
Chislehurst
Kent
BR7 5AQ
Britannia Match Limited
Registered number: 01338789
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 302,711 308,126
Current assets
Debtors 4 4,881 4,533
Cash at bank and in hand 187,222 163,470
192,103 168,003
Creditors: amounts falling due within one year 5 (27,197) (24,319)
Net current assets 164,906 143,684
Net assets 467,617 451,810
Capital and reserves
Called up share capital 10,000 10,000
Profit and loss account 457,617 441,810
Shareholders' funds 467,617 451,810
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
D A Smith
Director
Approved by the board on 7 March 2025
Britannia Match Limited
Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover represents gross rents receivable.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Plant and machinery over 5 years
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 January 2024 410,126 11,884 422,010
Additions - 1,332 1,332
At 31 December 2024 410,126 13,216 423,342
Depreciation
At 1 January 2024 102,000 11,884 113,884
Charge for the year 6,304 443 6,747
At 31 December 2024 108,304 12,327 120,631
Net book value
At 31 December 2024 301,822 889 302,711
At 31 December 2023 308,126 - 308,126
The land and buildings are investment property held to earn rentals and its subsequent measurement is the cost model less depreciation charge as it would cause undue cost and effort to measure reliably at fair value.
4 Debtors 2024 2023
£ £
Trade debtors 4,881 4,533
5 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs 12,658 8,130
Rent deposits 11,295 11,295
Rent in advance 2,494 2,494
Other creditors 750 2,400
27,197 24,319
6 Other information
Britannia Match Limited is a private company limited by shares and incorporated in England. Its registered office is:
4 Coopers Drive
Dartford
Kent
DA2 7WS
Britannia Match Limited 01338789 false 2024-01-01 2024-12-31 2024-12-31 VT Final Accounts July 2024 D A Smith No description of principal activity 01338789 2023-01-01 2023-12-31 01338789 core:WithinOneYear 2023-12-31 01338789 core:ShareCapital 2023-12-31 01338789 core:RetainedEarningsAccumulatedLosses 2023-12-31 01338789 2024-01-01 2024-12-31 01338789 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 01338789 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 01338789 bus:Director40 2024-01-01 2024-12-31 01338789 2 2024-01-01 2024-12-31 01338789 core:LandBuildings 2024-01-01 2024-12-31 01338789 core:PlantMachinery 2024-01-01 2024-12-31 01338789 countries:England 2024-01-01 2024-12-31 01338789 bus:FRS102 2024-01-01 2024-12-31 01338789 bus:FilletedAccounts 2024-01-01 2024-12-31 01338789 2024-12-31 01338789 core:WithinOneYear 2024-12-31 01338789 core:ShareCapital 2024-12-31 01338789 core:RetainedEarningsAccumulatedLosses 2024-12-31 01338789 core:LandBuildings 2024-12-31 01338789 core:PlantMachinery 2024-12-31 01338789 2023-12-31 01338789 core:LandBuildings 2023-12-31 01338789 core:PlantMachinery 2023-12-31 iso4217:GBP xbrli:pure