Brand Xposure UK Ltd - Filleted accounts

Registered number

06260952

Brand Xposure UK Ltd

Filleted Accounts

For the year ended 31 May 2024

Brand Xposure UK Ltd
Registered number:		06260952
Balance Sheet
as at 31 May 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		7,970			7,028

Current assets
Stocks		750			750
Debtors	4	137,080			108,020
Cash at bank and in hand		111,384			150,311
		249,214			259,081

Creditors: amounts falling due within one year	5	(142,977)			(132,148)

Net current assets			106,237			126,933

Total assets less current liabilities			114,207			133,961

Provisions for liabilities			(1,993)			(1,757)

Net assets			112,214			132,204

Capital and reserves
Called up share capital			1,000			1,000
Profit and loss account			111,214			131,204

Shareholders' funds			112,214			132,204

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 16 May 2025




S N Sayed
Director

Brand Xposure UK Ltd
Notes to the Accounts
for the year ended 31 May 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Fixtures, fittings and equipment	25% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.



2	Employees		2024		2023
Number				Number

	Average number of persons employed by the company		8		7



3	Tangible fixed assets
					Fixtures fittings and equipment
£
	Cost
	At 1 June 2023				13,494
	Additions				2,991
	Disposals				-
	At 31 May 2024				16,485

	Depreciation
	At 1 June 2023				6,466
	Charge for the year				2,049
	At 31 May 2024				8,515

	Net book value
	At 31 May 2024				7,970
	At 31 May 2023				7,028



4	Debtors		2024		2023
£				£

	Trade debtors		130,863		107,097
	Prepayments and accrued income		6,217		923
			137,080		108,020



5	Creditors: amounts falling due within one year		2024		2023
£				£

	Trade creditors		78,073		91,246
	Taxation and social security costs		41,126		21,709
	Accruals and deferred income		16,322		13,349
	Other creditors		12,456		5,844
			142,977		132,148



6	Other information

	Brand Xposure UK Ltd is a private company limited by shares and incorporated in England. Its registered office is Bon Marche Centre, 241-251 Ferndale Road, London SW9 8BJ.