IRIS Accounts Production v24.3.2.46 09124707 director 1.1.24 31.12.24 31.12.24 false true false false true false Ordinary Share 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh091247072023-12-31091247072024-12-31091247072024-01-012024-12-31091247072022-12-31091247072023-01-012023-12-31091247072023-12-3109124707ns15:EnglandWales2024-01-012024-12-3109124707ns14:PoundSterling2024-01-012024-12-3109124707ns10:Director12024-01-012024-12-3109124707ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3109124707ns10:SmallEntities2024-01-012024-12-3109124707ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3109124707ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3109124707ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3109124707ns10:FullAccounts2024-01-012024-12-3109124707ns10:OrdinaryShareClass12024-01-012024-12-3109124707ns10:RegisteredOffice2024-01-012024-12-3109124707ns5:CurrentFinancialInstruments2024-12-3109124707ns5:CurrentFinancialInstruments2023-12-3109124707ns5:Non-currentFinancialInstruments2024-12-3109124707ns5:Non-currentFinancialInstruments2023-12-3109124707ns5:ShareCapital2024-12-3109124707ns5:ShareCapital2023-12-3109124707ns5:RetainedEarningsAccumulatedLosses2024-12-3109124707ns5:RetainedEarningsAccumulatedLosses2023-12-3109124707ns5:PlantMachinery2024-01-012024-12-3109124707ns5:FurnitureFittings2024-01-012024-12-3109124707ns5:MotorVehicles2024-01-012024-12-3109124707ns5:ComputerEquipment2024-01-012024-12-3109124707ns5:PlantMachinery2023-12-3109124707ns5:FurnitureFittings2023-12-3109124707ns5:MotorVehicles2023-12-3109124707ns5:ComputerEquipment2023-12-3109124707ns5:PlantMachinery2024-12-3109124707ns5:FurnitureFittings2024-12-3109124707ns5:MotorVehicles2024-12-3109124707ns5:ComputerEquipment2024-12-3109124707ns5:PlantMachinery2023-12-3109124707ns5:FurnitureFittings2023-12-3109124707ns5:MotorVehicles2023-12-3109124707ns5:ComputerEquipment2023-12-3109124707ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3109124707ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3109124707ns5:Secured2024-12-3109124707ns5:Secured2023-12-3109124707ns10:OrdinaryShareClass12024-12-31091247071ns10:Director12023-12-31091247071ns10:Director12022-12-31091247071ns10:Director12024-01-012024-12-31091247071ns10:Director12023-01-012023-12-31091247071ns10:Director12024-12-31091247071ns10:Director12023-12-31
REGISTERED NUMBER: 09124707 (England and Wales)














Financial Statements

for the Year Ended 31 December 2024

for

Brand Connections Group Ltd

Brand Connections Group Ltd (Registered number: 09124707)

Contents of the Financial Statements
for the Year Ended 31 December 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Brand Connections Group Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTOR: M D Fleming





REGISTERED OFFICE: First Floor Offices
17 Mann Island
Liverpool
Merseyside
L3 1BP





REGISTERED NUMBER: 09124707 (England and Wales)





ACCOUNTANTS: SB&P
Chartered Accountants
Oriel House
2-8 Oriel Road
Bootle
Liverpool
Merseyside
L20 7EP

Brand Connections Group Ltd (Registered number: 09124707)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 9,447 10,050

CURRENT ASSETS
Stocks 1,090,712 490,000
Debtors 5 67,044 704,385
Cash at bank 312,475 89,941
1,470,231 1,284,326
CREDITORS
Amounts falling due within one year 6 286,000 250,138
NET CURRENT ASSETS 1,184,231 1,034,188
TOTAL ASSETS LESS CURRENT LIABILITIES 1,193,678 1,044,238

CREDITORS
Amounts falling due after more than one year 7 (26,989 ) (31,989 )

PROVISIONS FOR LIABILITIES (2,362 ) (2,513 )
NET ASSETS 1,164,327 1,009,736

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 1,164,326 1,009,735
SHAREHOLDERS' FUNDS 1,164,327 1,009,736

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

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

Brand Connections Group Ltd (Registered number: 09124707)

Balance Sheet - continued
31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 March 2025 and were signed by:





M D Fleming - Director


Brand Connections Group Ltd (Registered number: 09124707)

Notes to the Financial Statements
for the Year Ended 31 December 2024


1. STATUTORY INFORMATION

Brand Connections Group 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 net invoiced sales of goods/services, excluding value added tax. Turnover is recognised when goods are physically delivered to the customer

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Fixed assets are recognised at historical cost less depreciation.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

Brand Connections Group Ltd (Registered number: 09124707)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2024 5,859 18,333 5,200 3,918 33,310
Additions - - - 2,938 2,938
At 31 December 2024 5,859 18,333 5,200 6,856 36,248
DEPRECIATION
At 1 January 2024 3,383 14,665 3,485 1,727 23,260
Charge for year 619 917 429 1,576 3,541
At 31 December 2024 4,002 15,582 3,914 3,303 26,801
NET BOOK VALUE
At 31 December 2024 1,857 2,751 1,286 3,553 9,447
At 31 December 2023 2,476 3,668 1,715 2,191 10,050

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Amounts owed by group undertakings - 700,016
Other debtors 67,044 4,369
67,044 704,385

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 5,000 5,000
Trade creditors 183,744 20,909
Amounts owed to group undertakings 9,896 -
Taxation and social security 85,107 192,538
Other creditors 2,253 31,691
286,000 250,138

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans 26,989 31,989

Brand Connections Group Ltd (Registered number: 09124707)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


8. SECURED DEBTS

The following secured debts are included within creditors:

31.12.24 31.12.23
£    £   
Bank loans 31,989 36,989

This loan has been secured by a fixed and floating charge, held against the assets of the company.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
1 Ordinary Share £1 1 1

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24 31.12.23
£    £   
M D Fleming
Balance outstanding at start of year (29,368 ) 4,002
Amounts advanced 411,363 76,844
Amounts repaid (339,594 ) (110,214 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 42,401 (29,368 )

11. CONTROLLING PARTY

The controlling party is M D Fleming.