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REGISTERED NUMBER: 06675618 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

BRAND RETAIL LIMITED

BRAND RETAIL LIMITED (REGISTERED NUMBER: 06675618)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


BRAND RETAIL LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2024







DIRECTOR: A J Walton





REGISTERED OFFICE: 9a High Street
Woburn Sands
Milton Keynes
Buckinghamshire
MK17 8RF





REGISTERED NUMBER: 06675618 (England and Wales)





ACCOUNTANTS: Camfield Chapman Lowe
9a High Street
Woburn Sands
Milton Keynes
Buckinghamshire
MK17 8RF

BRAND RETAIL LIMITED (REGISTERED NUMBER: 06675618)

STATEMENT OF FINANCIAL POSITION
31ST DECEMBER 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 3,566 347,504

CURRENT ASSETS
Stocks 12,050 35,250
Debtors 5 391,123 648,452
Cash at bank 442,636 328,496
845,809 1,012,198
CREDITORS
Amounts falling due within one year 6 354,007 393,308
NET CURRENT ASSETS 491,802 618,890
TOTAL ASSETS LESS CURRENT
LIABILITIES

495,368

966,394

PROVISIONS FOR LIABILITIES 891 1,125
NET ASSETS 494,477 965,269

CAPITAL AND RESERVES
Called up share capital 500 1,000
Capital redemption reserve 500 -
Retained earnings 493,477 964,269
SHAREHOLDERS' FUNDS 494,477 965,269

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 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.

BRAND RETAIL LIMITED (REGISTERED NUMBER: 06675618)

STATEMENT OF FINANCIAL POSITION - continued
31ST DECEMBER 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 director and authorised for issue on 30th May 2025 and were signed by:





A J Walton - Director


BRAND RETAIL LIMITED (REGISTERED NUMBER: 06675618)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2024

1. STATUTORY INFORMATION

Brand Retail 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 the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Computer equipment - 20% 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 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.

BRAND RETAIL LIMITED (REGISTERED NUMBER: 06675618)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1st January 2024 343,045 15,246 3,086
Disposals (343,045 ) (15,246 ) (3,086 )
At 31st December 2024 - - -
DEPRECIATION
At 1st January 2024 - 15,246 2,836
Charge for year - - -
Eliminated on disposal - (15,246 ) (2,836 )
At 31st December 2024 - - -
NET BOOK VALUE
At 31st December 2024 - - -
At 31st December 2023 343,045 - 250

Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1st January 2024 4,283 13,503 379,163
Disposals - (13,503 ) (374,880 )
At 31st December 2024 4,283 - 4,283
DEPRECIATION
At 1st January 2024 75 13,502 31,659
Charge for year 642 - 642
Eliminated on disposal - (13,502 ) (31,584 )
At 31st December 2024 717 - 717
NET BOOK VALUE
At 31st December 2024 3,566 - 3,566
At 31st December 2023 4,208 1 347,504

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 382,965 600,977
Other debtors 8,158 47,475
391,123 648,452

BRAND RETAIL LIMITED (REGISTERED NUMBER: 06675618)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 145,893 254,591
Taxation and social security 147,207 134,533
Other creditors 60,907 4,184
354,007 393,308

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year 24,785 -
Between one and five years 20,946 -
45,731 -

8. SHARE PURCHASE

During the year the company repurchased 500 £1 Ordinary Shares from the resigning director. These shares were subsequently cancelled and the overall Share Capital of the company has now reduced to £500.