Bradburn & Hardiman UK Limited - Filleted accounts

BRADBURN & HARDIMAN UK LTD - Company Information

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Registered number

09260292

Bradburn & Hardiman UK Limited

Report and Accounts

31 October 2019

Accountancy 4 Wealth Limited

Accountants and Business Advisors

33 Wolverhampton Road

Cannock

Staffordshire

WS11 1AP

Bradburn & Hardiman UK Limited
Registered number: 09260292
Balance Sheet
as at 31 October 2019

Notes			2019			2018
£				£
Fixed assets
Investments	2		8			8

Current assets
Debtors	3	1,525,504			1,436,830
Cash at bank and in hand		2,821			178
		1,528,325			1,437,008

Creditors: amounts falling due within one year	4	(496,224)			(539,764)

Net current assets			1,032,101			897,244

Net assets			1,032,109			897,252

Capital and reserves
Called up share capital			10			10
Profit and loss account			1,032,099			897,242

Shareholders' funds			1,032,109			897,252

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.




Paul Bradburn
Director
Approved by the board on 16 December 2019

Bradburn & Hardiman UK Limited
Notes to the Accounts
for the year ended 31 October 2019


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.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	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. 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.


2	Investments
Investments in
subsidiary
undertakings
£
	Cost
	At 1 November 2018					8

	At 31 October 2019					8

	The company holds 20% or more of the share capital of the following companies:

	Company	Shares held
		Class	%
	Damaco Limited	Ordinary	100
	PD Industrial Limited	Ordinary	100
	PD Employees Limited	Ordinary	100
	Padamco Limited	Ordinary	100


3	Debtors			2019		2018
£					£

	Amounts owed by group undertakings and undertakings in which the company has a participating interest			1,056,233		1,312,476
	Other debtors			469,271		124,354
				1,525,504		1,436,830


4	Creditors: amounts falling due within one year			2019		2018
£					£

	Trade creditors			964		1,242
	Amounts owed to group undertakings and undertakings in which the company has a participating interest			381,198		304,866
	Corporation tax			-		30,547
	Other taxes and social security costs			114,062		203,109
				496,224		539,764


5	Related party transactions

	The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland", not to disclose related party transactions with wholly owned subsidiaries within the group.

6	Controlling party

	The company is under the control of directors and shareholders.