Company registration number 03231066 (England and Wales)
Branwell Reclamation Limited
UNAUDITED FINANCIAL STATEMENTS
for the year ended 31 July 2024
PAGES FOR FILING WITH REGISTRAR
Branwell Reclamation Limited
Contents
Page
Balance sheet
1
Notes to the financial statements
2 - 3
Branwell Reclamation Limited
Balance sheet
as at 31 July 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Intangible assets
3
240
240
Tangible assets
4
7,746
7,746
7,986
7,986
Current assets
Debtors
5
30,111
30,601
Cash at bank and in hand
156
30,267
30,601
Creditors: amounts falling due within one year
6
(460)
(466)
Net current assets
29,807
30,135
Total assets less current liabilities
37,793
38,121
Capital and reserves
Called up share capital
1,000
1,000
Profit and loss reserves
36,793
37,121
Total equity
37,793
38,121
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 July 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 10 April 2025 and are signed on its behalf by:
M E Jagger
Director
Company Registration No. 03231066
Branwell Reclamation Limited
Notes to the financial statements
for the year ended 31 July 2024
- 2 -
1
Accounting policies
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
Turnover
Turnover represents amounts receivable for goods and services net of VAT and trade discounts.
Intangible fixed assets - goodwill
Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost less depreciation.
Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:
Land freehold
No depreciation
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
2
2
Branwell Reclamation Limited
Notes to the financial statements (continued)
for the year ended 31 July 2024
- 3 -
3
Intangible fixed assets
Goodwill
£
Cost
At 1 August 2023 and 31 July 2024
240
Amortisation and impairment
At 1 August 2023 and 31 July 2024
Carrying amount
At 31 July 2024
240
At 31 July 2023
240
4
Tangible fixed assets
Land freehold
£
Cost
At 1 August 2023 and 31 July 2024
7,746
Depreciation and impairment
At 1 August 2023 and 31 July 2024
Carrying amount
At 31 July 2024
7,746
At 31 July 2023
7,746
5
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
30,111
30,601
6
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
6
Accruals and deferred income
460
460
460
466
7
Company information
Branwell Reclamation Limited is a private company limited by shares incorporated in England and Wales. The registered office is Royd Lane, Ripponden, Sowerby Bridge, West Yorkshire, HX6 4AZ.