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REGISTERED NUMBER: 08592715 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2024

FOR

BRANDSTONE LTD

BRANDSTONE LTD (REGISTERED NUMBER: 08592715)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


BRANDSTONE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2024







DIRECTORS: S Ludmir
O Shulman





REGISTERED OFFICE: 123a Brooke Road
London
N16 7RJ





REGISTERED NUMBER: 08592715 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

BRANDSTONE LTD (REGISTERED NUMBER: 08592715)

STATEMENT OF FINANCIAL POSITION
31 JULY 2024

31.7.24 31.7.23
Notes £    £   
FIXED ASSETS
Investment property 4 1,260,000 1,260,000

CURRENT ASSETS
Debtors 5 240,783 251,352
Cash at bank 1,703 9,198
242,486 260,550
CREDITORS
Amounts falling due within one year 6 (58,821 ) (74,653 )
NET CURRENT ASSETS 183,665 185,897
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,443,665

1,445,897

CREDITORS
Amounts falling due after more than one
year

7

(683,684

)

(693,828

)

PROVISIONS FOR LIABILITIES (180,760 ) (166,262 )
NET ASSETS 579,221 585,807

CAPITAL AND RESERVES
Called up share capital 8 100 100
Revaluation reserve 9 542,281 556,779
Retained earnings 9 36,840 28,928
SHAREHOLDERS' FUNDS 579,221 585,807

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

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

BRANDSTONE LTD (REGISTERED NUMBER: 08592715)

STATEMENT OF FINANCIAL POSITION - continued
31 JULY 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 July 2025 and were signed on its behalf by:





O Shulman - Director


BRANDSTONE LTD (REGISTERED NUMBER: 08592715)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2024

1. STATUTORY INFORMATION

Brandstone 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 as modified by the revaluation of certain assets.

Turnover
Turnover represents net rent receivable, excluding value added tax.

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

BRANDSTONE LTD (REGISTERED NUMBER: 08592715)

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 August 2023
and 31 July 2024 1,260,000
NET BOOK VALUE
At 31 July 2024 1,260,000
At 31 July 2023 1,260,000

Fair value at 31 July 2024 is represented by:
£   
Valuation in 2015 29,533
Valuation in 2017 333,508
Valuation in 2022 896,959
1,260,000

Investment property was valued on an open market basis on 28 May 2021 by a firm of chartered surveyors .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 4,210 4,124
Other debtors 236,573 247,228
240,783 251,352

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Bank loans and overdrafts 18,935 20,245
Taxation and social security 2,829 1,383
Other creditors 37,057 53,025
58,821 74,653

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.7.24 31.7.23
£    £   
Bank loans 683,684 693,828

Amounts falling due in more than five years:

Repayable otherwise than by instalments
Bank loans more 5 yrs non-inst 654,500 654,500

Repayable by instalments
Bank loans more 5 yr by instal 29,184 39,328

BRANDSTONE LTD (REGISTERED NUMBER: 08592715)

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

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.7.24 31.7.23
value: £    £   
100 Ordinary 1 100 100

9. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 August 2023 28,928 556,779 585,707
Deficit for the year (6,586 ) (6,586 )
Revaluation reserve 14,498 (14,498 ) -
At 31 July 2024 36,840 542,281 579,121