Bracur Properties Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06469569 (England and Wales)

Unaudited Financial Statements For The Year Ended 31 January 2022

for

Bracur Properties Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C R Platt

Mrs R T Platt

B A Platt

C Platt

SECRETARY:

Mrs R T Platt

REGISTERED OFFICE:

Osborne House

143-145 Stanwell Road

Ashford

Middlesex

TW15 3QN

REGISTERED NUMBER:

06469569 (England and Wales)

ACCOUNTANTS:

Hunt Ford & Co

Osborne House

143-145 Stanwell Road

Ashford

Middlesex

TW15 3QN

FIXED ASSETS

Tangible assets

4

508,745

509,079

CURRENT ASSETS

Cash at bank

12,192

6,049

CREDITORS

Amounts falling due within one year

5

277,804

276,842

NET CURRENT LIABILITIES

(265,612

)

(270,793

)

TOTAL ASSETS LESS CURRENT LIABILITIES

243,133

238,286

CREDITORS

Amounts falling due after more than one year

6

300,000

300,000

NET LIABILITIES

(56,867

)

(61,714

)

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

7

(57,067

)

(61,914

)

SHAREHOLDERS' FUNDS

(56,867

)

(61,714

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2022 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 6 July 2022 and were signed on its behalf by:

Mrs R T Platt - Director

1.	STATUTORY INFORMATION

Bracur Properties 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.

Tangible fixed assets

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

Fixtures and fittings

-

20% on reducing balance

Computer equipment

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - 1 ).

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Computer

property

fittings

equipment

Totals

£

£

£

£

COST

At 1 February 2021

and 31 January 2022

507,408

1,439

2,578

511,425

DEPRECIATION

At 1 February 2021

-

1,245

1,101

2,346

Charge for year

-

39

295

334

At 31 January 2022

-

1,284

1,396

2,680

NET BOOK VALUE

At 31 January 2022

507,408

155

1,182

508,745

At 31 January 2021

507,408

194

1,477

509,079

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/1/22

31/1/21

£

£

Trade creditors

(1

)

-

Taxation and social security

1,307

384

Other creditors

276,498

276,458

277,804

276,842

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/1/22

31/1/21

£

£

Other creditors

300,000

300,000

7.

RESERVES

Retained

earnings

£

At 1 February 2021

(61,914

)

Profit for the year

4,847

At 31 January 2022

(57,067

)