Registered number
01758910
Bryan James & Co Limited
Filleted Accounts
30 June 2024
Bryan James & Co Limited
Registered number: 01758910
Balance Sheet
as at 30 June 2024
Notes 2024 2023
£ £
Fixed assets
Intangible assets 3 - 66,167
Tangible assets 4 - 396,005
- 462,172
Current assets
Debtors 5 96,742 305,879
Cash at bank and in hand 303,579 221,626
400,321 527,505
Creditors: amounts falling due within one year 6 (204,722) (825,781)
Net current assets/(liabilities) 195,599 (298,276)
Total assets less current liabilities 195,599 163,896
Creditors: amounts falling due after more than one year 7 - (68,750)
Net assets 195,599 95,146
Capital and reserves
Called up share capital 389,157 389,157
Revaluation reserve 8 - 166,946
Profit and loss account (193,558) (460,957)
Shareholders' funds 195,599 95,146
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.
Mr J S Beeston
Director
Approved by the board on 24 March 2025
Bryan James & Co Limited
Notes to the Accounts
for the year ended 30 June 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 includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
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 no depreciation is provided
Furniture and equipment 20% reducing balance
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 7 31
3 Intangible fixed assets £
Goodwill:
Cost
At 1 July 2023 1,065,500
Disposals (1,065,500)
At 30 June 2024 -
Amortisation
At 1 July 2023 999,333
On disposals (999,333)
At 30 June 2024 -
Net book value
At 30 June 2024 -
At 30 June 2023 66,167
Goodwill was sold during the financial year.
4 Tangible fixed assets
Land and buildings Furniture & equipment Total
£ £ £
Cost
At 1 July 2023 375,000 234,388 609,388
Surplus on revaluation (166,946) - (166,946)
Disposals (208,054) (234,388) (442,442)
At 30 June 2024 - - -
Depreciation
At 1 July 2023 - 213,383 213,383
On disposals - (213,383) (213,383)
At 30 June 2024 - - -
Net book value
At 30 June 2024 - - -
At 30 June 2023 375,000 21,005 396,005
Freehold land and buildings: 2024 2023
£ £
Historical cost - 208,054
Cumulative depreciation based on historical cost - -
- 208,054
The freehold property was sold during the financial year.
5 Debtors 2024 2023
£ £
Trade debtors - 238,604
Other debtors 96,742 67,275
96,742 305,879
6 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 166 37,500
Trade creditors 144,723 713,221
Taxation and social security costs 346 9,190
Other creditors 59,487 65,870
204,722 825,781
7 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans - 68,750
8 Revaluation reserve 2024 2023
£ £
At 1 July 2023 166,946 166,946
Write back on sale of property (166,946) -
At 30 June 2024 - 166,946
9 Controlling party
The company was under no overall control during the year. All of the company's shares are owned by Mr J S Beeston and members of his family.
10 Other information
Bryan James & Co Limited is a private company limited by shares and incorporated in England. Its registered office is:
8 Shaftesbury Avenue
Southall
Middlesex
UB2 4HQ
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