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Company Registration No. 07446641 (England and Wales)
BRITE ADVICE LTD Unaudited accounts for the year ended 30 November 2024
BRITE ADVICE LTD Unaudited accounts Contents
Page
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BRITE ADVICE LTD Company Information for the year ended 30 November 2024
Director
Kulvinder Singh REYATT
Company Number
07446641 (England and Wales)
Registered Office
12 SHALLOWFORD GROVE FURZTON MILTON KEYNES BUCKINGHAMSHIRE MK4 1ND
Accountants
Arth Limited 655 Milton Keynes Business Centre Hayley Court Linford Wood Milton Keynes Buckinghamshire MK14 6GD
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BRITE ADVICE LTD Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
20,569 
30,518 
Current assets
Debtors
7,442 
40,769 
Cash at bank and in hand
(14,645)
(22,087)
(7,203)
18,682 
Creditors: amounts falling due within one year
(22,750)
(18,659)
Net current (liabilities)/assets
(29,953)
23 
Total assets less current liabilities
(9,384)
30,541 
Creditors: amounts falling due after more than one year
(20,750)
(26,507)
Net (liabilities)/assets
(30,134)
4,034 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(30,234)
3,934 
Shareholders' funds
(30,134)
4,034 
For the year ending 30 November 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 20 August 2025 and were signed on its behalf by
Kulvinder Singh REYATT Director Company Registration No. 07446641
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BRITE ADVICE LTD Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
BRITE ADVICE LTD is a private company, limited by shares, registered in England and Wales, registration number 07446641. The registered office is 12 SHALLOWFORD GROVE, FURZTON, MILTON KEYNES, BUCKINGHAMSHIRE, MK4 1ND.
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.
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:
Plant & machinery
25% & 15% Straight Line
Motor vehicles
15% Straight Line
Fixtures & fittings
15% Straight Line
Computer equipment
25% Straight Line
Going concern
The financial statements have been prepared on a going concern basis, which assumes the company will be able to realize its assets and discharge its liabilities in the normal course of business. However, the company has experienced significant operating losses and negative cash flows, raising substantial doubt about its ability to continue as a going concern. Management plans to address these issues by securing additional financing through a private placement of securities and implementing cost-cutting measures. The financial statements do not include any adjustments to reflect the possible effects on the company if it were unable to continue as a going concern.
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BRITE ADVICE LTD Notes to the Accounts for the year ended 30 November 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 December 2023
16,695 
30,583 
8,837 
16,121 
72,236 
At 30 November 2024
16,695 
30,583 
8,837 
16,121 
72,236 
Depreciation
At 1 December 2023
5,367 
16,927 
3,950 
15,474 
41,718 
Charge for the year
3,389 
4,588 
1,325 
647 
9,949 
At 30 November 2024
8,756 
21,515 
5,275 
16,121 
51,667 
Net book value
At 30 November 2024
7,939 
9,068 
3,562 
- 
20,569 
At 30 November 2023
11,328 
13,656 
4,887 
647 
30,518 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
33,042 
Accrued income and prepayments
1,395 
1,680 
1,395 
34,722 
Amounts falling due after more than one year
Other debtors
6,047 
6,047 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
6,000 
6,000 
VAT
(809)
11,373 
Trade creditors
3,431 
870 
Taxes and social security
145 
4,760 
Loans from directors
12,333 
(5,994)
Accruals
1,650 
1,650 
22,750 
18,659 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
20,750 
26,507 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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