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REGISTERED NUMBER: 09519570 (England and Wales)















Brand Universe Limited

Unaudited Financial Statements for the Year Ended 30 September 2024






Brand Universe Limited (Registered number: 09519570)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Brand Universe Limited

Company Information
for the Year Ended 30 September 2024







Directors: C P Woodcock
S E Woodcock





Registered office: 14 George Hill
Norwich
Norfolk
NR6 7DE





Registered number: 09519570 (England and Wales)





Accountants: Fairhead Bradford
5 Queen Street
Great Yarmouth
Norfolk
NR30 2QP

Brand Universe Limited (Registered number: 09519570)

Statement of Financial Position
30 September 2024

30/9/24 30/9/23
Notes £    £    £    £   
Fixed assets
Intangible assets 4 25 50
Tangible assets 5 - 299
25 349

Current assets
Debtors 6 13,218 10,119
Cash at bank 184,651 182,914
197,869 193,033
Creditors
Amounts falling due within one year 7 11,655 14,161
Net current assets 186,214 178,872
Total assets less current liabilities 186,239 179,221

Provisions for liabilities - 57
Net assets 186,239 179,164

Capital and reserves
Called up share capital 10 10
Retained earnings 186,229 179,154
Shareholders' funds 186,239 179,164

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Universe Limited (Registered number: 09519570)

Statement of Financial Position - continued
30 September 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 June 2025 and were signed on its behalf by:





C P Woodcock - Director


Brand Universe Limited (Registered number: 09519570)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. Statutory information

Brand Universe 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 sales at invoice value excluding value added tax.

Sales income represents revenue earned under a variety of contracts to provide services. Revenue is recognised as earned when, and to the extent that, the company earns the right to consideration in exchange for its performance under these contracts. It is measured at the fair value of the right to consideration, which represents amounts chargeable to customers, including expenses but excluding value added tax.

Revenue is recognised as contract activity progresses so that for incomplete contracts it reflects the partial performance of the contractual obligations. For such contracts, the amount of revenue reflects the accrual for the right to consideration by reference to the value of work performed. Revenue not billed to customers in included in trade debtors.

Sales income that is contingent on events outside the control of the company are recognised when the contingent event occurs.

Trade marks
Trade marks are initially measured at cost. After initial recognition, intangible assets are measured at cost less accumulated amortisation and any accumulated impairment losses.

Trade marks are being amortised evenly over their estimated useful life of 10 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 - 25% on cost

Financial instruments
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Brand Universe Limited (Registered number: 09519570)

Notes to the Financial Statements - continued
for the Year Ended 30 September 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 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position 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.

3. Employees and directors

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

4. Intangible fixed assets
Development
costs
£   
Cost
At 1 October 2023
and 30 September 2024 250
Amortisation
At 1 October 2023 200
Amortisation for year 25
At 30 September 2024 225
Net book value
At 30 September 2024 25
At 30 September 2023 50

Brand Universe Limited (Registered number: 09519570)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

5. Tangible fixed assets
Plant and
machinery
£   
Cost
At 1 October 2023
and 30 September 2024 2,176
Depreciation
At 1 October 2023 1,877
Charge for year 299
At 30 September 2024 2,176
Net book value
At 30 September 2024 -
At 30 September 2023 299

6. Debtors: amounts falling due within one year
30/9/24 30/9/23
£    £   
Trade debtors 7,539 8,406
Other debtors 5,679 1,713
13,218 10,119

7. Creditors: amounts falling due within one year
30/9/24 30/9/23
£    £   
Taxation and social security 1,722 4,438
Other creditors 9,933 9,723
11,655 14,161