Company Registration No. 05166730 (England and Wales)
BRAEMAR LODGE LIMITED
accounts
for the year ended 30 June 2024
BRAEMAR LODGE LIMITED
accounts
Contents
BRAEMAR LODGE LIMITED
Statement of financial position
as at 30 June 2024
Tangible assets
532,590
558,453
Investment property
291,854
-
Cash at bank and in hand
489,098
359,266
Creditors: amounts falling due within one year
(117,792)
(97,556)
Net current assets
453,503
643,718
Net assets
1,277,947
1,202,171
Called up share capital
100
100
Profit and loss account
1,277,847
1,202,071
Shareholders' funds
1,277,947
1,202,171
For the year ending 30 June 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 director acknowledges his 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 and authorised for issue on 28 March 2025 and were signed on its behalf by
Saima Raja
Director
Company Registration No. 05166730
BRAEMAR LODGE LIMITED
Notes to the Accounts
for the year ended 30 June 2024
BRAEMAR LODGE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05166730. The registered office is 481 Victoria Avenue, Southend On Sea, SS2 6NL, United Kingdom.
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:
Plant & machinery
25% Reducing Balance
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 July 2023
455,000
600,183
1,055,183
At 30 June 2024
455,000
600,183
1,055,183
At 1 July 2023
-
496,730
496,730
Charge for the year
-
25,863
25,863
At 30 June 2024
-
522,593
522,593
At 30 June 2024
455,000
77,590
532,590
At 30 June 2023
455,000
103,453
558,453
BRAEMAR LODGE LIMITED
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Accrued income and prepayments
-
9,085
Other debtors
82,197
372,923
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
5,743
21,518
Taxes and social security
42,681
11,181
Other creditors
3,349
3,663
Loans from directors
58,039
56,814
8
Average number of employees
During the year the average number of employees was 53 (2023: 69).