Brandling Mews Limited - Filleted accounts

BRANDLING MEWS LIMITED - Company Information

Brandling Mews Limited

Report and Unaudited Accounts

31 December 2020

Registered number

01735369

Brandling Mews Limited
Registered number:		01735369
Balance Sheet
as at 31 December 2020

Notes			2020			2019
£				£
Current assets
Debtors	3	379			406
Cash at bank and in hand		11,591			11,237
		11,970			11,643

Creditors: amounts falling due within one year	4	(434)			(435)

Net current assets			11,536			11,208

Net assets			11,536			11,208

Capital and reserves
Road Repair Reserve			2,550			2,550
Profit and loss account			8,986			8,658

Shareholders' funds			11,536			11,208

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.




E G Chester
Director
Approved by the board on 15 May 2021

Brandling Mews Limited
Notes to the Accounts
for the year ended 31 December 2020

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 on a receipts basis.

	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	Employees	2020		2019
Number			Number

	Average number of persons employed by the company	7		7


3	Debtors	2020		2019
£			£

	Other debtors	379		406


4	Creditors: amounts falling due within one year	2020		2019
£			£

	Corporation tax	1		3
	Other creditors	433		432
		434		435



5	Related party transactions

	The company received maintenance contributions from the directors amounting to £785 in aggregate. There were no balances outstanding at the year end.



6	Company limited by guarantee

	The company does not have share capital, it is limited by guarantee. The liability of each member is limited to an amount not exceeding £1 if the company is wound up. The registered office of the company is:

	1 Brandling Mews
	Melton Park
	Gosforth
	Newcastle upon Tyne
	NE3 5PN