Brown Design & Build Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: SC232959 (Scotland)

Unaudited Financial Statements for the Year Ended 5 April 2021

for

Brown Design & Build Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

I Brown

SECRETARY:

I Brown

REGISTERED OFFICE:

11 Carlton Street

Edinburgh

EH4 1NE

REGISTERED NUMBER:

SC232959 (Scotland)

ACCOUNTANTS:

G Spratt and Co

Chartered Accountants

3 Abbeylands

High Street

Dunbar

East Lothian

EH42 1EH

FIXED ASSETS

Tangible assets

4

787,307

807,720

CURRENT ASSETS

Cash at bank

187,096

187,868

CREDITORS

Amounts falling due within one year

5

43,639

70,322

NET CURRENT ASSETS

143,457

117,546

TOTAL ASSETS LESS CURRENT LIABILITIES

930,764

925,266

CREDITORS

Amounts falling due after more than one year

6

50,000

-

NET ASSETS

880,764

925,266

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

879,764

924,266

SHAREHOLDERS' FUNDS

880,764

925,266

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 10 March 2022 and were signed by:

I Brown - Director

1.	STATUTORY INFORMATION

Brown Design & Build Ltd is a private company, limited by shares , registered in Scotland. 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.

Tangible fixed assets

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

Land and buildings

-

2% on cost

Plant and machinery etc

-

25% 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 1 (2020 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 6 April 2020

and 5 April 2021

988,160

14,596

1,002,756

DEPRECIATION

At 6 April 2020

183,039

11,997

195,036

Charge for year

19,763

650

20,413

At 5 April 2021

202,802

12,647

215,449

NET BOOK VALUE

At 5 April 2021

785,358

1,949

787,307

At 5 April 2020

805,121

2,599

807,720

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

5.4.21

5.4.20

£

£

Trade creditors

1,500

1,500

Other creditors

42,139

68,822

43,639

70,322

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

5.4.21

5.4.20

£

£

Other creditors

50,000

-