Brittanic Properties Limited - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: 02503754 (England and Wales)

Unaudited Financial Statements for the Year Ended 5 April 2022

for

BRITTANIC PROPERTIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs M K Anand

Ms S K SOKAL

C S CHANDHOK

SECRETARY:

Mrs M K Anand

REGISTERED OFFICE:

12 Woodside Avenue

London

N12 8BG

REGISTERED NUMBER:

02503754 (England and Wales)

ACCOUNTANTS:

Malshahz Accountants

27 Russell Road

Whetstone

London

N20 0TN

FIXED ASSETS

Tangible assets

4

12,579

14,799

CURRENT ASSETS

Debtors

5

117,673

168,811

Cash at bank

15,802

11,538

133,475

180,349

CREDITORS

Amounts falling due within one year

6

(147,403

)

(203,020

)

NET CURRENT LIABILITIES

(13,928

)

(22,671

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(1,349

)

(7,872

)

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

(2,349

)

(8,872

)

SHAREHOLDERS' FUNDS

(1,349

)

(7,872

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 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 16 December 2022 and were signed on its behalf by:

C S CHANDHOK - Director

1.	STATUTORY INFORMATION

Brittanic 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-going concern

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 represents invoiced value of management services, excluding value added tax.

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

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

15% on reducing balance

Computer equipment

-

15% on reducing balance

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 3 (2021 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 6 April 2021

and 5 April 2022

59,938

DEPRECIATION

At 6 April 2021

45,139

Charge for year

2,220

At 5 April 2022

47,359

NET BOOK VALUE

At 5 April 2022

12,579

At 5 April 2021

14,799

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.22

5.4.21

£

£

Other debtors

117,673

168,811

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.22

5.4.21

£

£

Bank loans and overdrafts

40,712

50,000

Taxation and social security

5,196

1,437

Other creditors

101,495

151,583

147,403

203,020

7.	CONTROLLING PARTY

Mr. C. S. Chandhok is considered to be the ultimate controlling party in the company.