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REGISTERED NUMBER: 07345810 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

Brand Britain Limited

Brand Britain Limited (Registered number: 07345810)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4


Brand Britain Limited

Company Information
for the Year Ended 31 August 2024







DIRECTORS: R D'Ambrosio
S Sterlacchini





REGISTERED OFFICE: The Old Pottery
54B Fulneck
Leeds
LS28 8NT





REGISTERED NUMBER: 07345810 (England and Wales)





ACCOUNTANTS: DWilkinson&Company
Bank House
27 King Street
Leeds
West Yorkshire
LS1 2HL

Brand Britain Limited (Registered number: 07345810)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 32,370 7,475

CURRENT ASSETS
Stocks 5 5,249 5,072
Debtors 6 86,332 143,174
Cash at bank 89,533 86,246
181,114 234,492
CREDITORS
Amounts falling due within one year 7 103,383 91,311
NET CURRENT ASSETS 77,731 143,181
TOTAL ASSETS LESS CURRENT
LIABILITIES

110,101

150,656

PROVISIONS FOR LIABILITIES 8 - 1,420
NET ASSETS 110,101 149,236

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 109,999 149,134
SHAREHOLDERS' FUNDS 110,101 149,236

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.

Brand Britain Limited (Registered number: 07345810)

Balance Sheet - continued
31 August 2024


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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 May 2025 and were signed on its behalf by:





R D'Ambrosio - Director


Brand Britain Limited (Registered number: 07345810)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Brand Britain 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Brand Britain Limited (Registered number: 07345810)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

Brand Britain Limited (Registered number: 07345810)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 September 2023 47,045
Additions 35,490
At 31 August 2024 82,535
DEPRECIATION
At 1 September 2023 39,570
Charge for year 10,595
At 31 August 2024 50,165
NET BOOK VALUE
At 31 August 2024 32,370
At 31 August 2023 7,475

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
Additions 35,490
At 31 August 2024 35,490
DEPRECIATION
Charge for year 8,873
At 31 August 2024 8,873
NET BOOK VALUE
At 31 August 2024 26,617

5. STOCKS
31.8.24 31.8.23
£    £   
Work-in-progress 5,249 5,072

Brand Britain Limited (Registered number: 07345810)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 85,125 142,549
Other debtors 540 -
Prepayments 667 625
86,332 143,174

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 33,333 58,333
Hire purchase contracts 29,246 -
Trade creditors 15 15
Tax 17,219 16,924
Social security and other taxes 1,525 1,732
VAT 11,291 1,810
Directors' current accounts 8,549 10,375
Accrued expenses 2,205 2,122
103,383 91,311

8. PROVISIONS FOR LIABILITIES
31.8.24 31.8.23
£    £   
Deferred tax - 1,420

Deferred
tax
£   
Balance at 1 September 2023 1,420
Accelerated capital allowances (1,420 )
Balance at 31 August 2024 -

The movement in the deferred tax provision is wholly attributable to accelerated capital allowances.