REGISTERED NUMBER: NI013042 (Northern Ireland)

Unaudited Financial Statements for the Year Ended 31 January 2025

for

Bradley Textiles Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B P Johnston

Mrs R A Johnston

SECRETARY:

Mrs R A Johnston

REGISTERED OFFICE:

6 Huss Row

Belfast

Northern Ireland

BT13 1EE

REGISTERED NUMBER:

NI013042 (Northern Ireland)

ACCOUNTANT:

Richard Allen & Associates

21 Church Road

Parkstone

Poole

Dorset

BH14 8UF

FIXED ASSETS

Tangible assets

4

3,347

4,058

CURRENT ASSETS

Stocks

26,500

28,250

Debtors

5

69,152

53,016

95,652

81,266

CREDITORS

Amounts falling due within one year

6

97,786

95,906

NET CURRENT LIABILITIES

(2,134

)

(14,640

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,213

(10,582

)

PROVISIONS FOR LIABILITIES

636

771

NET ASSETS/(LIABILITIES)

577

(11,353

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

575

(11,355

)

SHAREHOLDERS' FUNDS

577

(11,353

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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 31 October 2025 and were signed on its behalf by:

B P Johnston - Director

1.	STATUTORY INFORMATION

Bradley Textiles Limited is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

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.

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.

Plant and machinery etc

-

33% on cost and 15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 5 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2024

and 31 January 2025

161,269

DEPRECIATION

At 1 February 2024

157,211

Charge for year

711

At 31 January 2025

157,922

NET BOOK VALUE

At 31 January 2025

3,347

At 31 January 2024

4,058

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

30,403

24,177

Other debtors

38,749

28,839

69,152

53,016

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

31,997

34,331

Trade creditors

11,953

14,885

Taxation and social security

33,708

28,299

Other creditors

20,128

18,391

97,786

95,906

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2025 and 31 January 2024:

2025

2024

£

£

B P Johnston and Mrs R A Johnston

Balance outstanding at start of year

21,618

15,469

Amounts advanced

46,942

48,087

Amounts repaid

(35,032

)

(41,938

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

33,528

21,618