REGISTERED NUMBER: 04856843 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

BRADEN THREADGOLD LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S M Braden

R N Threadgold

SECRETARY:

R N Threadgold

REGISTERED OFFICE:

First Floor, Winston House

349 Regents Park Road

London

N3 1DH

REGISTERED NUMBER:

04856843 (England and Wales)

ACCOUNTANTS:

Melinek Fine LLP

Chartered Accountants

First Floor, Winston House

349 Regents Park Road

London

N3 1DH

FIXED ASSETS

Tangible assets

4

34,279

52,620

CURRENT ASSETS

Stocks

6,000

8,150

Debtors

5

41,456

178,908

Cash at bank and in hand

11,212

388

58,668

187,446

CREDITORS

Amounts falling due within one year

6

54,892

169,041

NET CURRENT ASSETS

3,776

18,405

TOTAL ASSETS LESS CURRENT LIABILITIES

38,055

71,025

CREDITORS

Amounts falling due after more than one year

7

(30,448

)

(60,629

)

PROVISIONS FOR LIABILITIES

(6,513

)

(9,998

)

NET ASSETS

1,094

398

CAPITAL AND RESERVES

Called up share capital

100

100

Profit and loss account

994

298

1,094

398

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 June 2026 and were signed on its behalf by:

S M Braden - Director

1.	STATUTORY INFORMATION

Braden Threadgold Ltd is a private company, limited by shares , registered in England and Wales. 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 represents the total invoice value, excluding value added tax, of advertising agency services provided under contracts to the extent that there is a right to consideration and is recorded at the value of the consideration due.

Where a contract has only been partially completed at the balance sheet date turnover represents the value of the service provided to date based on a proportion of the total expected consideration at completion. Where payments are received from customers in advance of services provided, the amounts are recorded as deferred income and included as part of creditors due within one year.

Tangible fixed assets

Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

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

Building works - 10% straight line

Computers - 33% straight line

Fixtures, fittings & equipment - 25% reducing balance

Motor Vehicles - 25% reducing balance

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Stocks

Work in progress is valued at the lower of cost and estimated selling price less costs to sell.

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, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost unless they are classified as receivable within one year in which case they are measured at the undiscounted amount of the cash or other consideration expected to be received net of impairment.

Financial liabilities that are classified as payable within one year are subsequently measured at the undiscounted amount of the cash or other consideration expected to be paid.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset or settle the liability simultaneously.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 costs in the financial statements represents the company's obligations under Workplace Pension Reform and are charged to the profit and loss account as incurred.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Building

and

Motor

Computer

works

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

40,680

51,275

76,843

6,890

175,688

Additions

-

214

-

584

798

Disposals

(40,680

)

(49,980

)

-

-

(90,660

)

At 31 March 2026

-

1,509

76,843

7,474

85,826

DEPRECIATION

At 1 April 2025

35,544

48,475

33,863

5,186

123,068

Charge for year

-

173

10,745

762

11,680

Eliminated on disposal

(35,544

)

(47,657

)

-

-

(83,201

)

At 31 March 2026

-

991

44,608

5,948

51,547

NET BOOK VALUE

At 31 March 2026

-

518

32,235

1,526

34,279

At 31 March 2025

5,136

2,800

42,980

1,704

52,620

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

29,400

38,999

Other debtors

12,056

139,909

41,456

178,908

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

10,000

20,704

Hire purchase contracts

11,848

11,848

Trade creditors

3,807

48,417

Taxation and social security

26,400

25,408

Other creditors

2,837

62,664

54,892

169,041

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

6,667

25,000

Hire purchase contracts

23,781

35,629

30,448

60,629

8.	RELATED PARTY DISCLOSURES

Included in other creditors are loans made to the directors by the company. At the balance sheet date the amount outstanding was £11,989 (in 2025 there was a loan from the directors to the Company of £59,620). The loan was repaid within 9 months of the year end.