Braw Limited - Accounts

Braw Limited - Accounts

BRAW LIMITED - Company Information

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Braw Limited SC591984 LETTING OF PROPERTY false 1 April 2021 SC591984 2021-04-01 2022-03-31 SC591984 2021-03-31 SC591984 2022-03-31 SC591984 2020-04-01 2021-03-31 SC591984 2020-03-31 SC591984 2021-03-31 SC591984 frs102-bus:FRS102 2021-04-01 2022-03-31 SC591984 frs102-bus:PrivateLimitedCompanyLtd 2021-04-01 2022-03-31 SC591984 frs102-bus:FullAccounts 2021-04-01 2022-03-31 SC591984 frs102-bus:AuditExempt-NoAccountantsReport 2021-04-01 2022-03-31 SC591984 frs102-core:CurrentFinancialInstruments 2022-03-31 SC591984 frs102-core:CurrentFinancialInstruments 2021-03-31 SC591984 frs102-core:Non-currentFinancialInstruments 2022-03-31 SC591984 frs102-core:Non-currentFinancialInstruments 2021-03-31 SC591984 frs102-core:ShareCapital 2022-03-31 SC591984 frs102-core:ShareCapital 2021-03-31 SC591984 frs102-core:RetainedEarningsAccumulatedLosses 2022-03-31 SC591984 frs102-core:RetainedEarningsAccumulatedLosses 2021-03-31 SC591984 frs102-bus:Director1 2021-04-01 2022-03-31 SC591984 frs102-core:InvestmentPropertyIncludedWithinPPE 2021-03-31 SC591984 frs102-core:InvestmentPropertyIncludedWithinPPE 2022-03-31 SC591984 frs102-core:InvestmentPropertyIncludedWithinPPE 2021-03-31 SC591984 frs102-core:Non-currentFinancialInstruments 2021-04-01 2022-03-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
SC591984
Braw Limited
Unaudited Accounts
for the year ended
31 March 2022
Braw Limited
Balance Sheet
as at 31 March 2022
Notes
 2022
£		 2021
£
Fixed assets
Tangible assets 3 420,278 420,278
420,278 420,278
Current assets
Cash at bank and in hand 329 860
329 860
Creditors: amounts falling due within one year 4 (147,727) (151,176)
Net current assets / (liabilities) (147,398) (150,316)
Total assets less current liabilities 272,880 269,962
Creditors: amounts falling due after more than one year 5 (267,400) (267,400)
Provisions for liabilities (0) (0)
Total net assets (liabilities) 5,480 2,562
Capital and reserves
Called up share capital 2 2
Profit and loss account 5,478 2,560
Shareholders' funds 5,480 2,562

Braw Limited
Balance Sheet
as at 31 March 2022



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 March 2022 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Signed on behalf of the board of directors

...............................

Mr. F Campbell

Director


Approved by the board on 12 December 2022

Company Number: SC591984 (a Private Company Limited by Shares registered in Scotland)

Registered Office:

Titanium 1
Kings Inch Place
Renfrew
PA4 8WF
United Kingdom

Braw Limited
Notes to the Accounts
for the year ended 31 March 2022

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Revenue recognition
Revenue is measured at the fair value of the rental income received or receivable.
Investment property
Investment property is included at fair value, with any gains recognised in the profit and loss account for the period in which they occurred. Deferred tax is recognised on these gains at the rate expected to apply when the property is sold.
2. Employees
2022 2021
Average number of employees during the period 0 0

3. Tangible fixed assets
Investment properties Total
Cost or valuation £ £
At 1 April 2021 420,278 420,278
At 31 March 2022 420,278 420,278
Depreciation
At 31 March 2022 0 0
Net book value
At 31 March 2022 420,278 420,278
At 31 March 2021 420,278 420,278

4. Creditors: amounts falling due within one year
2022 2021
£ £
Taxation & social security 1,623 1,538
Other creditors 146,104 149,638
147,727 151,176

5. Creditors: amounts falling due after one year
2022 2021
£ £
Bank Loans & overdrafts 267,400 267,400
267,400 267,400

Bank loans are secured by way of a standard security over the company's Investment Properties.


6. Related party disclosures

Controlling party
The company is under the control of the directors by virtue of their interest in the company's shares.