Bradlin Developments Ltd - Accounts


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Registered Number: 08138749
England and Wales

 

 

 

BRADLIN DEVELOPMENTS LTD


Abridged Accounts
 


Period of accounts

Start date: 01 August 2021

End date: 31 March 2022
 
 
Notes
 
2022
£
  2021
£
Current assets      
Stocks   57,433 
Debtors 58,753    100 
Cash at bank and in hand 40,144    257 
98,897    57,790 
Creditors: amount falling due within one year (26,216)   (51,738)
Net current assets 72,681    6,051 
 
Total assets less current liabilities 72,681    6,051 
Net assets 72,681    6,051 
 

Capital and reserves
     
Called up share capital 100    100 
Profit and loss account 72,581    5,951 
Shareholder's funds 72,681    6,051 
 


For the period ended 31 March 2022 the company was entitled to exemption from audit under section 477 of the companies act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476.
  2. 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.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006 the profit and loss account has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 08 April 2022 and were signed on its behalf by:


--------------------------------
P M Bradley
Director
1
General Information
Bradlin Developments Ltd is a private company, limited by shares, registered in England and Wales, registration number 08138749, registration address 17 Old Courts Road, Brigg, DN20 8JD.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared on the going concern basis and under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Stocks and work in progress
Work in progress represents the cost of land and property acquired for development and the associated development costs.
Stocks and work in progress are stated at the lower of cost and estimated selling price.
2.

Average number of employees

Average number of employees during the period was 1 (2021 : 1).
2