Bromwall Data Services Limited 30/06/2022 iXBRL

Bromwall Data Services Limited 30/06/2022 iXBRL

BROMWALL DATA SERVICES LTD - Company Information

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0 30/06/2022 2022-06-30 false false false false false false false false false false true false false true false false false false false true false No description of principal activities is disclosed 2021-07-01 Sage Accounts Production 21.0 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 01319759 2021-07-01 2022-06-30 01319759 2022-06-30 01319759 2021-06-30 01319759 2021-06-30 01319759 2020-06-30 01319759 core:PlantMachinery 2021-07-01 2022-06-30 01319759 core:FurnitureFittingsToolsEquipment 2021-07-01 2022-06-30 01319759 core:OnerousContractsExcludingVacantProperties 2021-07-01 2022-06-30 01319759 bus:RegisteredOffice 2021-07-01 2022-06-30 01319759 bus:LeadAgentIfApplicable 2021-07-01 2022-06-30 01319759 bus:Director1 2021-07-01 2022-06-30 01319759 bus:Director2 2021-07-01 2022-06-30 01319759 bus:Director3 2021-07-01 2022-06-30 01319759 core:LandBuildings core:OwnedOrFreeholdAssets 2021-06-30 01319759 core:PlantMachinery 2021-06-30 01319759 core:FurnitureFittingsToolsEquipment 2021-06-30 01319759 core:PlantMachinery 2022-06-30 01319759 core:FurnitureFittingsToolsEquipment 2022-06-30 01319759 core:WithinOneYear 2022-06-30 01319759 core:WithinOneYear 2021-06-30 01319759 core:LandBuildings core:OwnedOrFreeholdAssets 2021-07-01 2022-06-30 01319759 core:ShareCapital 2022-06-30 01319759 core:ShareCapital 2021-06-30 01319759 core:RetainedEarningsAccumulatedLosses 2022-06-30 01319759 core:RetainedEarningsAccumulatedLosses 2021-06-30 01319759 core:LandBuildings core:OwnedOrFreeholdAssets 2021-06-30 01319759 core:PlantMachinery 2021-06-30 01319759 core:FurnitureFittingsToolsEquipment 2021-06-30 01319759 bus:Director1 2021-06-30 01319759 bus:Director1 2022-06-30 01319759 bus:Director2 2021-06-30 01319759 bus:Director2 2022-06-30 01319759 bus:Director3 2022-06-30 01319759 bus:Director1 2020-06-30 01319759 bus:Director1 2021-06-30 01319759 bus:Director2 2020-06-30 01319759 bus:Director2 2021-06-30 01319759 bus:SmallEntities 2021-07-01 2022-06-30 01319759 bus:AuditExempt-NoAccountantsReport 2021-07-01 2022-06-30 01319759 bus:FullAccounts 2021-07-01 2022-06-30 01319759 bus:SmallCompaniesRegimeForAccounts 2021-07-01 2022-06-30 01319759 bus:PrivateLimitedCompanyLtd 2021-07-01 2022-06-30 01319759 core:ComputerEquipment 2021-07-01 2022-06-30 01319759 core:ComputerEquipment 2021-06-30 01319759 core:ComputerEquipment 2022-06-30
Company registration number: 01319759
Bromwall Data Services Limited
Trading as Bromwall Data Services Limited
Unaudited filleted financial statements
30 June 2022
Bromwall Data Services Limited
Contents
Directors and other information
Statement of financial position
Notes to the financial statements
Bromwall Data Services Limited
Directors and other information
Directors Mr Roy Walton
Mrs Janet Walton
Mr David Walton
Company number 01319759
Registered office Beaconsfield Court
Beaconsfield Road
Hatfield
AL10 8FF
Business address Office 4 HatTech Business Centre
Beaconsfield Court Beaconsfield Road
Hatfield
AL10 8FF
Accountants Hicks and Company
Chartered Accountants
83 High Street
Hemel Hepstead
Herts
HP1 3AH
Bromwall Data Services Limited
Statement of financial position
30 June 2022
2022 2021
Note £ £ £ £
Fixed assets
Tangible assets 4 1,310 332,001
_______ _______
1,310 332,001
Current assets
Debtors 5 48,231 48,231
Cash at bank and in hand 149,996 3,705
_______ _______
198,227 51,936
Creditors: amounts falling due
within one year 6 40,340 ( 442,331)
_______ _______
Net current assets/(liabilities) 238,567 ( 390,395)
_______ _______
Total assets less current liabilities 239,877 ( 58,394)
_______ _______
Net assets/(liabilities) 239,877 ( 58,394)
_______ _______
Capital and reserves
Called up share capital 100 100
Profit and loss account 239,777 ( 58,494)
_______ _______
Shareholders funds/(deficit) 239,877 ( 58,394)
_______ _______
For the year ending 30 June 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
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 Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 28 February 2023 , and are signed on behalf of the board by:
Mr David Walton
Director
Company registration number: 01319759
Bromwall Data Services Limited
Notes to the financial statements
Year ended 30 June 2022
1. General information
The company is a private company limited by shares, registered in United Kingdom. The address of the registered office is Office 4 HatTech Business Centre, Beaconsfield Court, Beaconsfield Road, Hatfield, AL10 8FF.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised 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 that are expected to apply to the reversal of the timing difference.
Tangible assets
tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant and machinery - 15 % reducing balance
Fittings fixtures and equipment - 15 % reducing balance
Computer Equipment - 33 % straight line
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Impairment
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.Debt instruments are subsequently measured at amortised cost.
4. Tangible assets
Freehold property Plant and machinery Fixtures, fittings and equipment Computer Equipment Total
£ £ £ £ £
Cost
At 1 July 2021 330,243 9,220 2,140 12,820 354,423
Disposals ( 330,243) - - - ( 330,243)
_______ _______ _______ _______ _______
At 30 June 2022 - 9,220 2,140 12,820 24,180
_______ _______ _______ _______ _______
Depreciation
At 1 July 2021 - 8,777 1,645 12,000 22,422
Charge for the year - 66 72 310 448
_______ _______ _______ _______ _______
At 30 June 2022 - 8,843 1,717 12,310 22,870
_______ _______ _______ _______ _______
Carrying amount
At 30 June 2022 - 377 423 510 1,310
_______ _______ _______ _______ _______
At 30 June 2021 330,243 443 495 820 332,001
_______ _______ _______ _______ _______
5. Debtors
2022 2021
£ £
Trade debtors 48,231 48,231
_______ _______
6. Creditors: amounts falling due within one year
2022 2021
£ £
Bank loans and overdrafts - 146,641
Trade creditors - 2,415
Corporation tax 51,622 -
Social security and other taxes 24,891 24,965
Other creditors ( 116,853) 268,310
_______ _______
( 40,340) 442,331
_______ _______
7. Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2022
Balance brought forward Advances /(credits) to the directors Balance o/standing
£ £ £
Mr Roy Walton ( 10,117) - ( 10,117)
Mrs Janet Walton ( 880) ( 2,450) ( 3,330)
Mr David Walton - ( 2,500) ( 2,500)
_______ _______ _______
( 10,997) ( 4,950) ( 15,947)
_______ _______ _______
2021
Balance brought forward Advances /(credits) to the directors Balance o/standing
£ £ £
Mr Roy Walton ( 10,117) - ( 10,117)
Mrs Janet Walton ( 880) - ( 880)
Mr David Walton - - -
_______ _______ _______
( 10,997) - ( 10,997)
_______ _______ _______