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Company Registration No. 00834289 (England and Wales)
F.R. Bradley (Feltham) Limited Unaudited accounts for the year ended 31 December 2024
F.R. Bradley (Feltham) Limited Unaudited accounts Contents
Page
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F.R. Bradley (Feltham) Limited Company Information for the year ended 31 December 2024
Director
F J Bradley
Company Number
00834289 (England and Wales)
Registered Office
Bradley's Fish Factory Central Way North Feltham Trading Estate, Feltham Middlesex TW14 0XQ UK
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F.R. Bradley (Feltham) Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
831,587 
817,819 
Current assets
Inventories
140,842 
141,142 
Debtors
581,178 
498,867 
722,020 
640,009 
Creditors: amounts falling due within one year
(548,397)
(405,458)
Net current assets
173,623 
234,551 
Total assets less current liabilities
1,005,210 
1,052,370 
Creditors: amounts falling due after more than one year
(5,000)
(15,000)
Net assets
1,000,210 
1,037,370 
Capital and reserves
Called up share capital
21,000 
21,000 
Profit and loss account
979,210 
1,016,370 
Shareholders' funds
1,000,210 
1,037,370 
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 July 2025 and were signed on its behalf by
F J Bradley Director Company Registration No. 00834289
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F.R. Bradley (Feltham) Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
F.R. Bradley (Feltham) Limited is a private company, limited by shares, registered in England and Wales, registration number 00834289. The registered office is Bradley's Fish Factory, Central Way, North Feltham Trading Estate, Feltham, Middlesex, TW14 0XQ, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% on cost
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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F.R. Bradley (Feltham) Limited Notes to the Accounts for the year ended 31 December 2024
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Financial instruments
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Going concern
The directors have a reasonable expectation that the company has adequate resources to continue operational existence for the foreseeable future.
Judgements in applying accounting policies and key sources of estimation uncertainty
The preparation of financial statements in compliance with FRS 102 Section 1A requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting policies. In preparing these financial statements, the director has made the following judgements: Determine whether there are indicators of impairment of the company's tangible fixed assets inventories. Factors taken into consideration in reaching such a decision include the economic viability and expected future financial performance of the asset and where it is a component of a larger cash-generating unit, the viability and expected future performance of that unit.
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
1,270,364 
367,829 
71,557 
1,709,750 
Additions
- 
- 
52,145 
52,145 
At 31 December 2024
1,270,364 
367,829 
123,702 
1,761,895 
Depreciation
At 1 January 2024
468,078 
364,899 
58,954 
891,931 
Charge for the year
24,102 
2,198 
12,077 
38,377 
At 31 December 2024
492,180 
367,097 
71,031 
930,308 
Net book value
At 31 December 2024
778,184 
732 
52,671 
831,587 
At 31 December 2023
802,286 
2,930 
12,603 
817,819 
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F.R. Bradley (Feltham) Limited Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
27,625 
32,535 
Trade debtors
132,283 
165,926 
Accrued income and prepayments
23,496 
13,238 
Other debtors
397,774 
287,168 
581,178 
498,867 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
106,372 
61,391 
Trade creditors
252,940 
109,403 
Taxes and social security
8,381 
61,764 
Other creditors
172,250 
151,005 
Accruals
8,454 
21,895 
548,397 
405,458 
The bank loan is secured by a fixed and floating charge over the company's assets.
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
5,000 
15,000 
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Directors loan accounts
281,714 
397,151 
286,542 
392,323 
281,714 
397,151 
286,542 
392,323 
9
Transactions with related parties
In July 2004 the company acquired a beneficial interest of 46.52% in a freehold factory in Central Way Feltham. The remaining 53.48% is beneficially owned by the companies pension scheme. F R Bradley Limited paid rent of £133,750 (2022: £133,750) to the pension scheme during the period in connection with a lease to occupy the premises.
10
Average number of employees
During the year the average number of employees was 13 (2023: 13).
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