| GREAT BRITISH BRANDS LIMITED |
| Registered number: |
10446257 |
| Balance Sheet |
| as at 31 March 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Investments |
3 |
|
|
2,925,000 |
|
|
2,925,000 |
|
| Current assets |
| Debtors |
4 |
|
1,112,575 |
|
|
836,216 |
| Investments held as current assets |
|
|
529,216 |
|
|
- |
| Cash at bank and in hand |
|
|
- |
|
|
535,569 |
|
|
|
1,641,791 |
|
|
1,371,785 |
|
| Creditors: amounts falling due within one year |
5 |
|
(1,530,467) |
|
|
(1,259,269) |
|
| Net current assets |
|
|
|
111,324 |
|
|
112,516 |
|
| Net assets |
|
|
|
3,036,324 |
|
|
3,037,516 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Revaluation reserve |
6 |
|
|
2,925,000 |
|
|
2,925,000 |
| Profit and loss account |
|
|
|
111,224 |
|
|
112,416 |
|
| Shareholder's funds |
|
|
|
3,036,324 |
|
|
3,037,516 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| MR M R NAVSARKA |
| Director |
| Approved by the board on 10 December 2025 |
|
| GREAT BRITISH BRANDS LIMITED |
| Notes to the Accounts |
| for the year ended 31 March 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover represents the dividends receivable from the company's subsidiary. |
|
|
|
Investments |
|
Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account. |
|
|
|
Debtors |
|
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts. |
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Current tax liabilities are not discounted. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
| 3 |
Investments |
| Investments in |
| subsidiary |
| undertakings |
| £ |
|
Cost |
|
At 1 April 2024 |
2,925,000 |
|
At 31 March 2025 |
2,925,000 |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Other debtors - HNB Investments Ltd |
370,000 |
|
370,000 |
|
Loan to connected company - Great British Distribution Ltd |
221,220 |
|
158,770 |
|
Loan to connected company - Shakespeare & Co Ltd |
89,937 |
|
55,000 |
|
Other debtors |
431,418 |
|
252,446 |
|
|
|
|
|
|
1,112,575 |
|
836,216 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
642,271 |
|
- |
|
Taxation and social security costs |
7,458 |
|
7,458 |
|
Loan from subsidiary - Navsarka Ltd |
263,712 |
|
635,735 |
|
Other creditors |
617,026 |
|
616,076 |
|
|
|
|
|
|
1,530,467 |
|
1,259,269 |
|
|
|
|
|
|
|
|
|
| 6 |
Revaluation reserve |
2025 |
|
2024 |
| £ |
£ |
|
|
At 1 April 2024 |
2,925,000 |
|
2,925,000 |
|
|
At 31 March 2025 |
2,925,000 |
|
2,925,000 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Related party transactions |
|
|
Great British Brands Limited has made interest free loans to other connected companies. |
|
|
| 8 |
Controlling party |
|
|
The company is controlled by the director by virtue of holding all of the ordinary issued share capital. |
|
| 9 |
Other information |
|
|
GREAT BRITISH BRANDS LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
|
47, Northfield Road,Coventry. CV1 2BS |