1 April 2024 v2025.79.1 limited_company_frs_102_section_1a_v1_1_3 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP090059452024-04-012025-03-31090059452025-03-31090059452024-03-3109005945core:WithinOneYear2025-03-3109005945core:WithinOneYear2024-03-3109005945core:AfterOneYear2025-03-3109005945core:AfterOneYear2024-03-3109005945core:ShareCapital2025-03-3109005945core:ShareCapital2024-03-3109005945core:RetainedEarningsAccumulatedLosses2025-03-3109005945core:RetainedEarningsAccumulatedLosses2024-03-3109005945bus:Director12024-04-012025-03-3109005945bus:RegisteredOffice2024-04-012025-03-31090059452023-04-012024-03-3109005945core:PlantMachinery2025-03-3109005945core:PlantMachinery2024-04-0109005945core:PlantMachinery2024-04-012025-03-3109005945core:PlantMachinery2024-03-310900594512024-04-012025-03-3109005945countries:EnglandWales2024-04-012025-03-3109005945bus:AuditExempt-NoAccountantsReport2024-04-012025-03-3109005945bus:PrivateLimitedCompanyLtd2024-04-012025-03-3109005945bus:SmallEntities2024-04-012025-03-3109005945bus:FullAccounts2024-04-012025-03-31
Company registration number:
09005945
BRANCH HOUSE LIMITED
Unaudited Filleted Financial Statements for the year ended
31 March 2025
BRANCH HOUSE LIMITED
Statement of Financial Position
31 March 2025
20252024
Note££
Fixed assets    
Tangible assets 5
277
 
852
 
Current assets    
Debtors 6
34,800
 
22,343
 
Cash at bank and in hand
27,392
 
104,036
 
62,192
 
126,379
 
Creditors: amounts falling due within one year 7
(24,064
)
(48,154
)
Net current assets
38,128
 
78,225
 
Total assets less current liabilities 38,405   79,077  
Creditors: amounts falling due after more than one year 8
(20,880
)
(27,076
)
Net assets
17,525
 
52,001
 
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
17,425
 
51,901
 
Shareholders funds
17,525
 
52,001
 
For the year ending
31 March 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's 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 director acknowledges 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
4 December 2025
, and are signed on behalf of the board by:
Mr Paul Anthony Mckenna
Director
Company registration number:
09005945
BRANCH HOUSE LIMITED
Notes to the Financial Statements
Year ended
31 March 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
32-34 Norfolk Square
,
London
,
GB
,
W2 1RS
, United Kingdom.

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 presentation and functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for services rendered, net of discounts and Value Added Tax.
When the outcome of a transaction involving the rendering of services can be reliably estimated, revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period.

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.
Any tangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.
All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

4 Average number of employees

The average number of persons employed by the company during the year was
1
(2024:
1
).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 April 2024
and
31 March 2025
4,749
 
Depreciation  
At
1 April 2024
3,897
 
Charge
575
 
At
31 March 2025
4,472
 
Carrying amount  
At
31 March 2025
277
 
At 31 March 2024
852
 

6 Debtors

20252024
££
Trade debtors
34,800
 
19,963
 
Other debtors -  
2,380
 
34,800
 
22,343
 

7 Creditors: amounts falling due within one year

20252024
££
Bank loans and overdrafts
4,963
 
4,963
 
Trade creditors -  
2,340
 
Taxation and social security
15,070
 
37,991
 
Other creditors
4,031
 
2,860
 
24,064
 
48,154
 

8 Creditors: amounts falling due after more than one year

20252024
££
Bank loans and overdrafts
20,880
 
27,076
 
The company took out a loan in September 2020 of £37,500 with HSBC Bank. This is a 10 year capital repayment loan with interest charged at 2.5% per annum. No repayment of capital is required in the first 12 month. The balance of the loan as at the year end was £25,843 and the facility is supported by the Bounce Back Loan Scheme.

9 Controlling party

The ultimate controlling party of the company is the director, Mr Paul McKenna.