Geoffrey Bryant & Company Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08009349 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020

FOR

GEOFFREY BRYANT & COMPANY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G C Bryant

O J S Bettison

SECRETARY:

Mrs M K L Bryant

REGISTERED OFFICE:

54 High Street

Eton

Windsor

Berkshire

SL4 6BL

REGISTERED NUMBER:

08009349 (England and Wales)

ACCOUNTANTS:

Goddard & Co

Chartered Accountants

3 Church Street

Odiham, Hook

Hampshire

RG29 1LU

FIXED ASSETS

Intangible assets

4

121,875

129,375

Tangible assets

5

2,585

300

124,460

129,675

CURRENT ASSETS

Stocks

37,965

36,600

Debtors

6

16,877

16,551

Cash at bank and in hand

825,819

758,598

880,661

811,749

CREDITORS

Amounts falling due within one year

7

968,888

888,033

NET CURRENT LIABILITIES

(88,227

)

(76,284

)

TOTAL ASSETS LESS CURRENT LIABILITIES

36,233

53,391

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

36,133

53,291

SHAREHOLDERS' FUNDS

36,233

53,391

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2020 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 September 2020 and were signed on its behalf by:

G C Bryant - Director

1.	STATUTORY INFORMATION

Geoffrey Bryant & Company Limited 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

33% on cost and 25% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2019 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2019

and 31 March 2020

150,000

AMORTISATION

At 1 April 2019

20,625

Charge for year

7,500

At 31 March 2020

28,125

NET BOOK VALUE

At 31 March 2020

121,875

At 31 March 2019

129,375

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2019

1,179

Additions

3,449

At 31 March 2020

4,628

DEPRECIATION

At 1 April 2019

879

Charge for year

1,164

At 31 March 2020

2,043

NET BOOK VALUE

At 31 March 2020

2,585

At 31 March 2019

300

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

£

Trade debtors

3,902

6,333

Other debtors

12,975

10,218

16,877

16,551

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.20

31.3.19

£

£

Trade creditors

29,600

50,600

Taxation and social security

24,440

35,699

Other creditors

914,848

801,734

968,888

888,033