Company Registration No. 8672710 (England and Wales)
Anchor Brands Limited
Unaudited accounts
for the year ended 31 December 2024
Anchor Brands Limited
Unaudited accounts
Contents
Anchor Brands Limited
Company Information
for the year ended 31 December 2024
Company Number
8672710 (England and Wales)
Registered Office
19 Freelands Park
Lytchett Matravers
Poole
Dorset
BH16 6FH
England
Accountants
Ashby & Company
Flat 5
2 Courts Hill Road
Haslemere
Surrey
GU27 2EG
Anchor Brands Limited
Statement of financial position
as at 31 December 2024
Intangible assets
4,543
5,186
Tangible assets
1,768
1,008
Cash at bank and in hand
1,843
21,438
Creditors: amounts falling due within one year
(280,069)
(271,985)
Net current liabilities
(129,785)
(160,605)
Total assets less current liabilities
(123,391)
(154,328)
Creditors: amounts falling due after more than one year
(16,549)
(20,380)
Provisions for liabilities
Net liabilities
(140,276)
(174,900)
Called up share capital
100
100
Profit and loss account
(140,376)
(175,000)
Shareholders' funds
(140,276)
(174,900)
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 15 September 2025 and were signed on its behalf by
G. Howard
Director
Company Registration No. 8672710
Anchor Brands Limited
Notes to the Accounts
for the year ended 31 December 2024
Anchor Brands Limited is a private company, limited by shares, registered in England and Wales, registration number 8672710. The registered office is 19 Freelands Park, Lytchett Matravers, Poole, Dorset, BH16 6FH, England.
These financial statements have been prepared in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ('FRS 102') and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in £ sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover is recognised at the fair value of the consideration received or receivable for goods and services, net of VAT and discounts, provided in the normal course of business.
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% straight line
Computer equipment
15% , 25% & 33% straight line,
Intangible fixed assets are included at cost less accumulated amortisation.
Amortisation: 10 year straight line basis.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments.
Expenditure on research and development is written off in the year in which it is incurred.
Anchor Brands Limited
Notes to the Accounts
for the year ended 31 December 2024
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.
3
Intangible fixed assets
Other
Intangible assets include registered trademarks and amortisation is being charged on a straight line basis over 10 years.
4
Tangible fixed assets
Computer equipment
5
Investments
Other investments
Valuation at 1 January 2024
83
Valuation at 31 December 2024
83
Anchor Brands Limited
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Trade debtors
97,776
17,907
Accrued income and prepayments
822
2,545
Other debtors
24,160
28,142
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
3,551
3,254
Trade creditors
6,905
6,730
Taxes and social security
42,946
34,705
Other creditors
221,635
213,687
8
Creditors: amounts falling due after more than one year
2024
2023
Aggregate of amounts that fall due for payment after five years
16,549
20,380
The loan is secured by the government.
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan
1,750
14,802
-
16,552
The loan to the director is unsecured and repayable on demand. Interest of £204 (2023: £nil) has been charged at the official rate.
Anchor Brands Limited
Notes to the Accounts
for the year ended 31 December 2024
11
Transactions with related parties
Amounts owed to related parties
Entities under common control
At 31 December 2024 there were amounts due to entities under common control of £216,664 (2023: £214,459).
Interest of £3,100 (2023: £3,100) was charged on the loan. The amounts due are unsecured and repayable on demand.
Amounts owed by related parties
Entities under common control
At 31 December 2024 the total amount owed by entities under common control was £76,609 (2023 £nil).
Entities in which the company has a participating interest
At 31 December 2024 the total amount owed by entities in which the company has a participating interest was £12,940 (2023 £23,701).
The amount due is interest free and repayable on demand.
12
Average number of employees
During the year the average number of employees was 1 (2023: 1).