IRIS Accounts Production v25.1.3.33 05192200 director 1.9.23 31.8.24 31.8.24 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh051922002023-08-31051922002024-08-31051922002023-09-012024-08-31051922002022-08-31051922002022-09-012023-08-31051922002023-08-3105192200ns15:EnglandWales2023-09-012024-08-3105192200ns14:PoundSterling2023-09-012024-08-3105192200ns10:Director12023-09-012024-08-3105192200ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3105192200ns10:SmallEntities2023-09-012024-08-3105192200ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3105192200ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3105192200ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3105192200ns10:FullAccounts2023-09-012024-08-310519220012023-09-012024-08-3105192200ns10:OrdinaryShareClass12023-09-012024-08-3105192200ns10:CompanySecretary12023-09-012024-08-3105192200ns10:RegisteredOffice2023-09-012024-08-3105192200ns5:CurrentFinancialInstruments2024-08-3105192200ns5:CurrentFinancialInstruments2023-08-3105192200ns5:ShareCapital2024-08-3105192200ns5:ShareCapital2023-08-3105192200ns5:RetainedEarningsAccumulatedLosses2024-08-3105192200ns5:RetainedEarningsAccumulatedLosses2023-08-3105192200ns5:NetGoodwill2023-09-012024-08-3105192200ns5:PlantMachinery2023-09-012024-08-3105192200ns5:FurnitureFittings2023-09-012024-08-3105192200ns5:MotorVehicles2023-09-012024-08-3105192200ns5:ComputerEquipment2023-09-012024-08-3105192200ns5:NetGoodwill2023-08-3105192200ns5:NetGoodwill2024-08-3105192200ns5:NetGoodwill2023-08-3105192200ns5:PlantMachinery2023-08-3105192200ns5:FurnitureFittings2023-08-3105192200ns5:MotorVehicles2023-08-3105192200ns5:ComputerEquipment2023-08-3105192200ns5:PlantMachinery2024-08-3105192200ns5:FurnitureFittings2024-08-3105192200ns5:MotorVehicles2024-08-3105192200ns5:ComputerEquipment2024-08-3105192200ns5:PlantMachinery2023-08-3105192200ns5:FurnitureFittings2023-08-3105192200ns5:MotorVehicles2023-08-3105192200ns5:ComputerEquipment2023-08-3105192200ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3105192200ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-3105192200ns10:OrdinaryShareClass12024-08-31
REGISTERED NUMBER: 05192200 (England and Wales)















Darren Bradbury Limited

Unaudited Financial Statements for the Year Ended 31 August 2024






Darren Bradbury Limited (Registered number: 05192200)






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


Darren Bradbury Limited

Company Information
for the Year Ended 31 August 2024







DIRECTOR: Mr D J Bradbury





SECRETARY: Miss J Sanders





REGISTERED OFFICE: Wilson House
48 Brooklyn Road
Seaford
East Sussex
BN25 2DX





REGISTERED NUMBER: 05192200 (England and Wales)





ACCOUNTANTS: Swindells LLP
Chartered Accountants
Wilson House
48 Brooklyn Road
Seaford
East Sussex
BN25 2DX

Darren Bradbury Limited (Registered number: 05192200)

Balance Sheet
31 August 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 8,661 9,528
Tangible assets 5 1,197 2,898
9,858 12,426

CURRENT ASSETS
Stocks 36,860 55,732
Debtors 6 18,280 8,092
Cash in hand 41 41
55,181 63,865
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR

7

46,786

30,536
NET CURRENT ASSETS 8,395 33,329
TOTAL ASSETS LESS CURRENT
LIABILITIES

18,253

45,755

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 18,252 45,754
SHAREHOLDERS' FUNDS 18,253 45,755

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 director acknowledges his 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.

Darren Bradbury Limited (Registered number: 05192200)

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 Profit & Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 May 2025 and were signed by:





Mr D J Bradbury - Director


Darren Bradbury Limited (Registered number: 05192200)

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

1. STATUTORY INFORMATION

Darren Bradbury 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 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 represents revenue, net of VAT, from commercial transactions under which the company supplies customers the goods and services that it is in business to provide and it is recognised when it obtains, through performance under contract, the right to consideration for those goods and services.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2004, is being amortised evenly over its estimated useful life of thirty years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 33% on cost
Motor vehicles - 20% on reducing balance
Computer equipment - 20% on reducing balance

Stocks
Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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.


Darren Bradbury Limited (Registered number: 05192200)

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
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 contributes to employee's money purchase pension schemes. Contributions are recognised in the profit and loss account in the period in which they become payable in accordance with the rules of the scheme.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2023
and 31 August 2024 26,000
AMORTISATION
At 1 September 2023 16,472
Amortisation for year 867
At 31 August 2024 17,339
NET BOOK VALUE
At 31 August 2024 8,661
At 31 August 2023 9,528

Darren Bradbury Limited (Registered number: 05192200)

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

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 September 2023 3,604 3,994 3,500 427 11,525
Additions - - - 885 885
Disposals - - (3,500 ) - (3,500 )
At 31 August 2024 3,604 3,994 - 1,312 8,910
DEPRECIATION
At 1 September 2023 3,366 3,867 1,260 134 8,627
Charge for year 47 64 - 235 346
Eliminated on disposal - - (1,260 ) - (1,260 )
At 31 August 2024 3,413 3,931 - 369 7,713
NET BOOK VALUE
At 31 August 2024 191 63 - 943 1,197
At 31 August 2023 238 127 2,240 293 2,898

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,760 4,820
Other debtors 15,520 3,272
18,280 8,092

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 9,415 44
Trade creditors 13,951 -
Taxation and social security 13,970 17,840
Other creditors 9,450 12,652
46,786 30,536

Darren Bradbury Limited (Registered number: 05192200)

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

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1

9. OTHER FINANCIAL COMMITMENTS

Total financial commitments which are not included in the balance sheet amount to £242,292 (2023- £247,878) relating to a rental agreement until 2030.

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year the company made advances to the director totalling £98,142 (2023 - £99,743) and was repaid £97,899 (2023 - £98,529). At the balance sheet date the directors owed the company £46. (2023 - the company owed the director - £197). Included within amounts advanced to the director is interest charged at the official rate of interest totalling £124 (2023: £97). The loan in unsecured and repayable on demand.

11. RELATED PARTY DISCLOSURES

During the year, total dividends of £72,744 (2023 - £99,613) were paid to the director .