Company registration number: 10997819
Unaudited financial statements
for the year ended 30 September 2024
for
BRC Holdings Ltd
Pages for filing with the Registrar
Company registration number: 10997819
BRC Holdings Ltd
Balance sheet
as at 30 September 2024
2024 2023
Note £ £ £ £
Fixed assets
Investments 4 1 1
1 1
Current assets
Debtors 1,029,487 1,027,622
Cash at bank and in hand 9,033 16,284
1,038,520 1,043,906
Creditors: amounts falling due within one
year
(31,317) (30,541)
Net current assets 1,007,203 1,013,365
Total assets less current liabilities 1,007,204 1,013,366
NET ASSETS 1,007,204 1,013,366
Capital and reserves
Called up share capital 10,588 10,588
Profit and loss account 996,616 1,002,778
TOTAL EQUITY 1,007,204 1,013,366
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 30 September 2024.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 10997819
BRC Holdings Ltd
Balance sheet - continued
as at 30 September 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 Profit and loss account has not been delivered to the Registrar.
These financial statements were approved by the Board of directors and authorised for issue on 20 March 2025 and signed on its behalf by:
Mrs H Bolshaw, Director
20 March 2025
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BRC Holdings Ltd
Notes to the financial statements
for the year ended 30 September 2024
1 Company information
BRC Holdings Ltd is a private company registered in England and Wales. Its registered number is 10997819. The company is limited by shares. Its registered office is Dove Lane, Redfield, Bristol, BS5 9NQ.
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 historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Investments in subsidiaries
Investments in subsidiaries are recognised at cost.
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current 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.
3 Average number of employees
During the year the average number of employees was Nil (2023 - Nil).
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BRC Holdings Ltd
Notes to the financial statements - continued
for the year ended 30 September 2024
4 Fixed asset investments
Investments other than loans
Shares in
group
undertakings
and
participating
interests
£
Cost
At 1 October 2023 1
At 30 September 2024 1
Net book value
At 30 September 2024 1
At 30 September 2023 1
5 Advances, credit and guarantees granted to directors
The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023.
2024 2023
£ £
Mrs Hayley Bolshaw
Balance outstanding at start of year 27,622 27,622
Amounts advanced 47,730 55,290
Amounts repaid (45,865) (55,290)
Balance outstanding at end of year 29,487 27,622
Interest on the loan was charged at the Official Rate of interest of 2.25%.
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