IRIS Accounts Production v25.1.4.42 12901594 Board of Directors 1.10.23 30.9.24 30.9.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh129015942023-09-30129015942024-09-30129015942023-10-012024-09-30129015942022-09-30129015942022-10-012023-09-30129015942023-09-3012901594ns15:EnglandWales2023-10-012024-09-3012901594ns14:PoundSterling2023-10-012024-09-3012901594ns10:Director12023-10-012024-09-3012901594ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3012901594ns10:SmallEntities2023-10-012024-09-3012901594ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3012901594ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3012901594ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3012901594ns10:FullAccounts2023-10-012024-09-3012901594ns10:OrdinaryShareClass12023-10-012024-09-3012901594ns10:Director32023-10-012024-09-3012901594ns10:RegisteredOffice2023-10-012024-09-3012901594ns5:CurrentFinancialInstruments2024-09-3012901594ns5:CurrentFinancialInstruments2023-09-3012901594ns5:Non-currentFinancialInstruments2024-09-3012901594ns5:Non-currentFinancialInstruments2023-09-3012901594ns5:ShareCapital2024-09-3012901594ns5:ShareCapital2023-09-3012901594ns5:RetainedEarningsAccumulatedLosses2024-09-3012901594ns5:RetainedEarningsAccumulatedLosses2023-09-3012901594ns5:PlantMachinery2023-10-012024-09-3012901594ns5:FurnitureFittings2023-10-012024-09-3012901594ns5:MotorVehicles2023-10-012024-09-3012901594ns5:PlantMachinery2023-09-3012901594ns5:FurnitureFittings2023-09-3012901594ns5:MotorVehicles2023-09-3012901594ns5:PlantMachinery2024-09-3012901594ns5:FurnitureFittings2024-09-3012901594ns5:MotorVehicles2024-09-3012901594ns5:PlantMachinery2023-09-3012901594ns5:FurnitureFittings2023-09-3012901594ns5:MotorVehicles2023-09-3012901594ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-09-3012901594ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-09-3012901594ns5:LeasedAssetsHeldAsLessee2023-09-3012901594ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-10-012024-09-3012901594ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-10-012024-09-3012901594ns5:LeasedAssetsHeldAsLessee2023-10-012024-09-3012901594ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-09-3012901594ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2024-09-3012901594ns5:LeasedAssetsHeldAsLessee2024-09-3012901594ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-09-3012901594ns5:MotorVehiclesns5:LeasedAssetsHeldAsLessee2023-09-3012901594ns5:LeasedAssetsHeldAsLessee2023-09-3012901594ns5:WithinOneYearns5:CurrentFinancialInstruments2024-09-3012901594ns5:WithinOneYearns5:CurrentFinancialInstruments2023-09-3012901594ns10:OrdinaryShareClass12024-09-30
REGISTERED NUMBER: 12901594 (England and Wales)















Brand Number 17 Ltd

Unaudited Financial Statements

for the year ended

30 September 2024






Brand Number 17 Ltd (Registered number: 12901594)

Contents of the Financial Statements
for the year ended 30 September 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3 to 5


Brand Number 17 Ltd

Company Information
for the year ended 30 September 2024







DIRECTORS: A J Gusterson
A L Mullin





REGISTERED OFFICE: 8 Hopper Way
Diss
Norfolk
IP22 4GT





BUSINESS ADDRESS: Building 3, Unit 4 Roy Humphrey Group
A140 Norwich - Ipswich Road
Brome
Eye
Suffolk
IP23 8AW





REGISTERED NUMBER: 12901594 (England and Wales)

Brand Number 17 Ltd (Registered number: 12901594)

Balance Sheet
30 September 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 56,388 80,423

CURRENT ASSETS
Stocks 12,431 10,000
Debtors 5 27,776 27,869
Cash at bank and in hand 4,936 6,562
45,143 44,431
CREDITORS
Amounts falling due within one year 6 (311,659 ) (313,408 )
NET CURRENT LIABILITIES (266,516 ) (268,977 )
TOTAL ASSETS LESS CURRENT LIABILITIES (210,128 ) (188,554 )

CREDITORS
Amounts falling due after more than one year 7 (6,000 ) (28,000 )
NET LIABILITIES (216,128 ) (216,554 )

CAPITAL AND RESERVES
Called up share capital 8 120 120
Retained earnings (216,248 ) (216,674 )
SHAREHOLDERS' FUNDS (216,128 ) (216,554 )

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.

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 26 June 2025 and were signed on its behalf by:





A L Mullin - Director


Brand Number 17 Ltd (Registered number: 12901594)

Notes to the Financial Statements
for the year ended 30 September 2024


1. STATUTORY INFORMATION

Brand Number 17 Ltd 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.

The company has a deficit on the balance sheet and made a loss this year. However, most of the long term funding for the company is by way of a director's loan account. The director has made a commitment not to seek repayment of the loan within the foreseeable future. The directors are confident that the company will trade out of its current difficulties.

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 - 20% on cost
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

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 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 balance sheet date.

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.

Brand Number 17 Ltd (Registered number: 12901594)

Notes to the Financial Statements - continued
for the year ended 30 September 2024


2. ACCOUNTING POLICIES - continued

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 4 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
COST
At 1 October 2023 99,000 7,712 22,375 129,087
Additions 385 - - 385
At 30 September 2024 99,385 7,712 22,375 129,472
DEPRECIATION
At 1 October 2023 39,600 1,228 7,836 48,664
Charge for year 19,813 972 3,635 24,420
At 30 September 2024 59,413 2,200 11,471 73,084
NET BOOK VALUE
At 30 September 2024 39,972 5,512 10,904 56,388
At 30 September 2023 59,400 6,484 14,539 80,423

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 October 2023
and 30 September 2024 99,000 20,000 119,000
DEPRECIATION
At 1 October 2023 39,600 7,500 47,100
Charge for year 19,800 3,125 22,925
At 30 September 2024 59,400 10,625 70,025
NET BOOK VALUE
At 30 September 2024 39,600 9,375 48,975
At 30 September 2023 59,400 12,500 71,900

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 23,938 25,130
Other debtors 3,838 2,739
27,776 27,869

Brand Number 17 Ltd (Registered number: 12901594)

Notes to the Financial Statements - continued
for the year ended 30 September 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 22,000 31,000
Payments on account - 9,204
Trade creditors 20,100 43,220
Taxation and social security 42,863 21,530
Other creditors 226,696 208,454
311,659 313,408

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 6,000 28,000

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
120 Ordinary £1 120 120

9. RELATED PARTY DISCLOSURES

At the year end the company owed the directors £215,019 (2023: £202,472) in relation to an interest free loan with no set repayment terms.