BRANNACH OLANN LIMITED

Company Registration Number:
SC617228 (Scotland)

Unaudited statutory accounts for the year ended 30 April 2023

Period of accounts

Start date: 1 May 2022

End date: 30 April 2023

BRANNACH OLANN LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2023

Balance sheet
Additional notes
Balance sheet notes

BRANNACH OLANN LIMITED

Balance sheet

As at 30 April 2023

Notes 2023 2022


£
£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 225,596 65,942
Investments:   0 0
Total fixed assets: 225,596 65,942
Current assets
Stocks:   0 0
Debtors: 4 1 189,679
Cash at bank and in hand: 36,701 22,142
Investments:   0 0
Total current assets: 36,702 211,821
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: 5 ( 207,018 ) ( 142,339 )
Net current assets (liabilities): (170,316) 69,482
Total assets less current liabilities: 55,280 135,424
Creditors: amounts falling due after more than one year: 6 ( 313,938 ) ( 135,127 )
Provision for liabilities: 0 0
Accruals and deferred income: 0 0
Total net assets (liabilities): (258,658) 297
Capital and reserves
Called up share capital: 100 100
Share premium account: 0 0
Other reserves: 0 0
Profit and loss account: (258,758 ) 197
Total Shareholders' funds: ( 258,658 ) 297

The notes form part of these financial statements

BRANNACH OLANN LIMITED

Balance sheet statements

For the year ending 30 April 2023 the company was entitled to exemption 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 directors acknowledge their 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 3 April 2025
and signed on behalf of the board by:

Name: Mr Alan Walsh
Status: Director

The notes form part of these financial statements

BRANNACH OLANN LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts. The company recognises revenue when: The amount of revenue can be reliably measured; it is probable that future economic benefits will flow to the entity; and specific criteria have been met for each of the company's activities.

    Tangible fixed assets depreciation policy

    Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows: Office equipment - 25% reducing balance Motor vehicles - 25% reducing balance Plant & Machinery - 25% reducing balance

BRANNACH OLANN LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 1 1

BRANNACH OLANN LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 May 2022 51,160 43,333 94,493
Additions 114,384 120,470 234,854
Disposals
Revaluations
Transfers
At 30 April 2023 165,544 163,803 329,347
Depreciation
At 1 May 2022 17,718 10,833 28,551
Charge for year 36,957 38,243 75,200
On disposals
Other adjustments
At 30 April 2023 54,675 49,076 103,751
Net book value
At 30 April 2023 110,869 114,727 225,596
At 30 April 2022 33,442 32,500 65,942

BRANNACH OLANN LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

4. Debtors

2023 2022
£ £
Trade debtors 0 88,524
Other debtors 1 101,155
Total 1 189,679

BRANNACH OLANN LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

5. Creditors: amounts falling due within one year note

2023 2022
£ £
Bank loans and overdrafts 96,822 7,958
Amounts due under finance leases and hire purchase contracts 7,786 10,474
Trade creditors 0 74,017
Taxation and social security 88,928 43,905
Accruals and deferred income 10,706 5,985
Other creditors 2,776 0
Total 207,018 142,339

BRANNACH OLANN LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

6. Creditors: amounts falling due after more than one year note

2023 2022
£ £
Bank loans and overdrafts 179,860 105,222
Amounts due under finance leases and hire purchase contracts 134,078 29,905
Total 313,938 135,127

BRANNACH OLANN LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2023

7. Loans to directors

Name of director receiving advance or credit: Alan Walsh
Description of the transaction:
Directors Loan Account
£
Balance at 30 April 2022 101,155
Advances or credits made: 153,498
Advances or credits repaid:
Balance at 30 April 2023 254,653