Bradbury_Street_Limited_30_Nov_2024_companies_house_set_of

Bradbury Street Limited

Statement of Financial Position

30 November 2024

		2024		2023
	Note	£		£
Fixed assets
Tangible assets	5	50,712		53,183
Current assets
Debtors	6	154,915		135,408
Cash at bank and in hand		238,856		256,127
		393,771		391,535
Creditors: amounts falling due within one year	7	(122,272	)	(127,063	)
Net current assets		271,499		264,472
Total assets less current liabilities		322,211		317,655
Provisions for liabilities		(12,678	)	(13,296	)
Net assets		309,533		304,359
Capital and reserves
Called up share capital		100		100
Profit and loss account		309,433		304,259
Shareholders funds		309,533		304,359

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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These

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.

These

financial statements

were approved by the board of directors and authorised for issue on

29 November 2025

, and are signed on behalf of the board by:

S Giri

Director

Company registration number:

09314198

Bradbury Street Limited

Notes to the Financial Statements

Year ended

30 November 2024

1 General information

The company is a private company limited by shares and is registered in England and Wales. The company's registered office and business office address is

52 Boleyn Road

London

N16 8JP

, England.

2 Statement of compliance

These

financial statements

have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The

financial statements

have been prepared on the historical cost basis, as modified by the revaluation of certain assets.

The

financial statements

are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.

Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

Plant and machinery: 20% reducing balance basis

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is more likely than not that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured on an undiscounted basis at the tax rates that would apply in the periods in which timing differences are expected to reverse, based on tax rates and laws enacted at the statement of financial position date.

Provisions for liabilities

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4 Average number of employees

The average number of persons employed by the company during the year was

(2023:

5 Tangible assets

	Plant and machinery etc.
	£
Cost
At 1 December 2023	96,575
Additions	10,207
At 30 November 2024	106,782
Depreciation
At 1 December 2023	43,392
Charge	12,678
At 30 November 2024	56,070
Carrying amount
At 30 November 2024	50,712
At 30 November 2023	53,183

6 Debtors

	2024	2023
	£	£
Amounts owed by group undertakings and undertakings in which the company has a participating interest	119,134	99,627
Other debtors	35,781	35,781
	154,915	135,408

7 Creditors: amounts falling due within one year

	2024	2023
	£	£
Taxation and social security	93,316	104,352
Other creditors	28,956	22,711
	122,272	127,063

8 Controlling party

S Giri exercises control over the company by virtue of his shareholding. 11