| BRADARD LIMITED |
| Notes to the Accounts |
| for the period from 16 October 2024 to 31 January 2026 |
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| 1 |
Accounting policies |
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Basis of preparation |
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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). |
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Turnover |
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Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes and includes revenue earned from the sale of goods. |
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Tangible fixed assets |
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Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
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Fixtures, fittings, tools and equipment |
over 3 years |
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Stocks |
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Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
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Taxation |
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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. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
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Provisions |
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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. |
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| 2 |
Employees |
2026 |
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| Number |
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Average number of persons employed by the company |
2 |
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| 3 |
Tangible fixed assets |
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Fixtures & Fittings etc |
| £ |
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Cost |
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Additions |
1,003 |
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At 31 January 2026 |
1,003 |
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Depreciation |
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Charge for the period |
335 |
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At 31 January 2026 |
335 |
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Net book value |
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At 31 January 2026 |
668 |
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| 4 |
Debtors |
2026 |
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| £ |
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Other debtors |
1,228 |
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| 5 |
Creditors: amounts falling due within one year |
2026 |
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| £ |
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Taxation and social security costs |
269 |
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Other creditors |
5,573 |
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5,842 |
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| 6 |
Controlling party |
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The company is not under the control of any one individual. |
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| 7 |
Other information |
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BRADARD LIMITED is a private company limited by shares and incorporated in England. Its registered office is: |
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80 Acacia Road |
|
Leamington Spa |
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Warwickshire |
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CV2 6EQ |