Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-282024-02-28The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false1No description of principal activity2023-03-01falsefalsetrue SC689685 2023-03-01 2024-02-28 SC689685 2022-03-01 2023-02-28 SC689685 2024-02-28 SC689685 2023-02-28 SC689685 c:Director1 2023-03-01 2024-02-28 SC689685 c:RegisteredOffice 2023-03-01 2024-02-28 SC689685 d:CurrentFinancialInstruments 2024-02-28 SC689685 d:CurrentFinancialInstruments 2023-02-28 SC689685 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-28 SC689685 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 SC689685 d:ShareCapital 2024-02-28 SC689685 d:ShareCapital 2023-02-28 SC689685 d:RetainedEarningsAccumulatedLosses 2024-02-28 SC689685 d:RetainedEarningsAccumulatedLosses 2023-02-28 SC689685 c:FRS102 2023-03-01 2024-02-28 SC689685 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 SC689685 c:FullAccounts 2023-03-01 2024-02-28 SC689685 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 SC689685 e:PoundSterling 2023-03-01 2024-02-28 iso4217:GBP xbrli:pure
Registered number: SC689685










BRAND RENTALS LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024

 
BRAND RENTALS LIMITED
 

COMPANY INFORMATION


Director
Gregor James Brand 




Registered number
SC689685



Registered office
10 Abbey Park Place
Dunfermline

Scotland

KY12 7NZ




Accountants
EQ Accountants Limited
Chartered Accountants

14 City Quay

Dundee

DD1 3JA





 
BRAND RENTALS LIMITED
REGISTERED NUMBER: SC689685

STATEMENT OF FINANCIAL POSITION
AS AT 28 FEBRUARY 2024

2024
2023
£
£

  

Current assets
  

Debtors: amounts falling due within one year
 4 
27,373
33,915

Cash at bank and in hand
 5 
852
-

  
28,225
33,915

Creditors: amounts falling due within one year
 6 
(50,629)
(36,924)

Net current liabilities
  
 
 
(22,404)
 
 
(3,009)

Total assets less current liabilities
  
(22,404)
(3,009)

  

Net liabilities
  
(22,404)
(3,009)


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
(22,504)
(3,109)

  
(22,404)
(3,009)


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 22 April 2025.




Gregor James Brand
Director

The notes on pages 2 to 3 form part of these financial statements.

Page 1

 
BRAND RENTALS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024

1.


General information

Brand Rentals Limited is a private company limited by shares incorporated in Scotlandwith company registration number SC689685. The registered office is 10 Abbey Park Place, Dunfermline, Scotland, KY12 7NZ

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

 
2.2

Turnover

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Page 2

 
BRAND RENTALS LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024

2.Accounting policies (continued)

 
2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 1 (2023 - 0).


4.


Debtors

2024
2023
£
£


Trade debtors
2,100
18,582

Other debtors
25,273
-

Prepayments and accrued income
-
15,333

27,373
33,915



5.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
852
-

852
-



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
-
34,956

Other creditors
49,676
-

Accruals and deferred income
953
1,968

50,629
36,924



Page 3