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REGISTERED NUMBER: 01314272 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 August 2024

for

Brandt Computer Systems Limited

Brandt Computer Systems Limited (Registered number: 01314272)






Contents of the Financial Statements
for the year ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

Brandt Computer Systems Limited

Company Information
for the year ended 31 August 2024







DIRECTORS: M.C.M. James
A P Wright





SECRETARY: A P Wright





REGISTERED OFFICE: 94 Southbridge Road
Croydon
Surrey
CR0 1AF





REGISTERED NUMBER: 01314272 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Limited
Chartered Accountants
St George's Court
Winnington Avenue
Northwich
Cheshire
CW8 4EE

Brandt Computer Systems Limited (Registered number: 01314272)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £ £
FIXED ASSETS
Tangible assets 4 - -
Investment property 5 2,934,511 2,934,511
2,934,511 2,934,511

CURRENT ASSETS
Debtors 6 815,136 749,897
Cash at bank 3,826 87,899
818,962 837,796
CREDITORS
Amounts falling due within one year 7 (1,313,526 ) (1,322,355 )
NET CURRENT LIABILITIES (494,564 ) (484,559 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,439,947

2,449,952

CAPITAL AND RESERVES
Called up share capital 99 99
Revaluation reserve 9 749,499 749,499
Retained earnings 1,690,349 1,700,354
SHAREHOLDERS' FUNDS 2,439,947 2,449,952

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 May 2025 and were signed on its behalf by:





A P Wright - Director


Brandt Computer Systems Limited (Registered number: 01314272)

Notes to the Financial Statements
for the year ended 31 August 2024

1. STATUTORY INFORMATION

Brandt Computer Systems Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Section 1A of Financial Reporting Standard 102 "The Financial Reporting standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes, Turnover represents rental income and is recognised on a monthly basis as amounts are invoiced and paid.

Tangible fixed assets
Tangible assets are stated at cost less accumulated depreciation. Cost includes the original purchase price and costs directly attributable to bringing the asset to its working condition for its intended use.

Depreciation on all assets is calculated to allocate the depreciable amount to their residual values on a systematic basis over their estimated useful lives as follows:

Fixtures and fittings - 10% on cost
Motor vehicles - 25% on cost
Computer equipment - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Taxation
Taxation expense for the period comprises current and deferred tax. 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 when it is recognised in those statements respectively. Current or deferred tax assets and liabilities are not discounted.

Current tax
Current tax is the amount of income tax payable in respect of the taxable profit for the year or prior years and is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the period end.
Management periodically evaluates positions taken in tax returns with respect to situations in which applicable tax regulation is subject to interpretation. It establishes provisions where appropriate on the basis of amounts expected to be paid to the tax authorities.

Deferred tax
Deferred tax arises from the timing differences that are differences between taxable profits and total comprehensive income as stated in the financial statements. Deferred tax is recognised on all timing differences at the reporting date. Deferred tax is measured using rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Share capital
Ordinary shares are classed as equity.

Brandt Computer Systems Limited (Registered number: 01314272)

Notes to the Financial Statements - continued
for the year ended 31 August 2024

2. ACCOUNTING POLICIES - continued

Short term debtors and creditors, loans and borrowings
Short term debtors and creditors with no interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the income statement.

Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 September 2023
and 31 August 2024 308
DEPRECIATION
At 1 September 2023
and 31 August 2024 308
NET BOOK VALUE
At 31 August 2024 -

5. INVESTMENT PROPERTY

Investment properties were valued on 31 August 2021 by the directors, by reference to recent market prices of similar properties in the area.

Cost or valuation of property as at 31 August 2021, following the transitional adjustment resulting from the adoption of FRS 102 is represented by:
£

Valuation 1999150,145
Valuation 2002107,083
Valuation 2003429,395
Valuation 200685,908
Valuation 2009(50,927)
Valuation 201064,000
Valuation 2011(19,364)
Adjustment 2017(40,798)
Cost2,208,939
2,934,511

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£ £
Trade debtors 220 220
Amounts owed by group undertakings 420,008 366,978
Other debtors 394,908 382,699
815,136 749,897

Brandt Computer Systems Limited (Registered number: 01314272)

Notes to the Financial Statements - continued
for the year ended 31 August 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR - continued

Amounts due from fellow group undertakings are unsecured, interest free, have no fixed date of repayment and are repayable on demand.

Included within other debtors are amounts due from related undertakings that are unsecured, interest free, have no fixed date of repayment and are repayable on demand.

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£ £
Trade creditors 2,961 6,090
Amounts owed to group undertakings 1,228,657 1,228,657
Taxation and social security 19,092 20,236
Other creditors 62,816 67,372
1,313,526 1,322,355

Amounts due to fellow group undertakings are unsecured, interest free, have no fixed date of repayment and are repayable on demand.

8. SECURED DEBTS

There is a cross guarantee between Brandt ABC Limited, Brandt Computer Systems Limited and Brandt Holdings Limited dated 13 August 1996.

Barclays Bank PLC has a legal charge over a property owned by Brandt Computer Systems Limited dated 29 October 2012 for security over the loan in a fellow group company.

9. RESERVES
Revaluation
reserve
£
At 1 September 2023
and 31 August 2024 749,499

10. RELATED PARTY DISCLOSURES

The directors consider key management to be the company directors.

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A P Wright.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Brandt Computer Systems Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Brandt Computer Systems Limited for the year ended 31 August 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Brandt Computer Systems Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Brandt Computer Systems Limited and state those matters that we have agreed to state to the Board of Directors of Brandt Computer Systems Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Brandt Computer Systems Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Brandt Computer Systems Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Brandt Computer Systems Limited. You consider that Brandt Computer Systems Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Brandt Computer Systems Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Bennett Brooks & Co Limited
Chartered Accountants
St George's Court
Winnington Avenue
Northwich
Cheshire
CW8 4EE


Date: .............................................