Brighter Graphics Limited


1 January 2022 false No description of principal activity Taxfiler 2023.6.1 04132496business:PrivateLimitedCompanyLtd2022-01-012022-12-31 041324962021-12-31 041324962022-01-012022-12-31 04132496business:AuditExempt-NoAccountantsReport2022-01-012022-12-31 04132496business:FullAccounts2022-01-012022-12-31 041324962022-12-31 04132496business:Director12022-01-012022-12-31 04132496business:Director22022-01-012022-12-31 04132496business:Director32022-01-012022-12-31 04132496business:RegisteredOffice2022-01-012022-12-31 041324962021-12-31 04132496core:WithinOneYear2022-12-31 04132496core:WithinOneYear2021-12-31 04132496core:AfterOneYear2022-12-31 04132496core:AfterOneYear2021-12-31 04132496core:ShareCapital2022-12-31 04132496core:ShareCapital2021-12-31 04132496core:RetainedEarningsAccumulatedLosses2022-12-31 04132496core:RetainedEarningsAccumulatedLosses2021-12-31 04132496business:SmallEntities2022-01-012022-12-31 04132496countries:EnglandWales2022-01-012022-12-31 04132496core:PlantMachinery2022-01-012022-12-31 04132496core:PlantMachinery2021-12-31 04132496core:PlantMachinery2022-12-31 041324962021-01-012021-12-31 iso4217:GBP xbrli:pure
Company Registration No. 04132496 (England and Wales)
Brighter Graphics Limited Unaudited accounts for the year ended 31 December 2022
Brighter Graphics Limited Unaudited accounts Contents
Page
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Brighter Graphics Limited Company Information for the year ended 31 December 2022
Directors
Zishan Chaudri Elizabeth Lewis Darren Rattlidge
Company Number
04132496 (England and Wales)
Registered Office
C/O Cadre Advisory Ltd Embassy Offices, Stangate House Stanwell Road Penarth CF64 2AA United Kingdom
Accountants
Cadre Advisory Ltd Embassy Offices, Stangate House Stanwell Road Penarth CF64 2AA
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Brighter Graphics Limited Statement of financial position as at 31 December 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,672 
580 
Current assets
Debtors
189,876 
146,736 
Cash at bank and in hand
78,722 
95,854 
268,598 
242,590 
Creditors: amounts falling due within one year
(231,732)
(175,546)
Net current assets
36,866 
67,044 
Total assets less current liabilities
43,538 
67,624 
Creditors: amounts falling due after more than one year
(28,226)
(38,078)
Provisions for liabilities
Deferred tax
(1,268)
(1,810)
Net assets
14,044 
27,736 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
13,944 
27,636 
Shareholders' funds
14,044 
27,736 
For the year ending 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts 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 FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 11 July 2023 and were signed on its behalf by
Zishan Chaudri Director Company Registration No. 04132496
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Brighter Graphics Limited Notes to the Accounts for the year ended 31 December 2022
1
Statutory information
Brighter Graphics Limited is a private company, limited by shares, registered in England and Wales, registration number 04132496. The registered office is C/O Cadre Advisory Ltd , Embassy Offices, Stangate House, Stanwell Road Penarth , CF64 2AA, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% S.L
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2022
5,788 
Additions
7,093 
At 31 December 2022
12,881 
Depreciation
At 1 January 2022
5,208 
Charge for the year
1,001 
At 31 December 2022
6,209 
Net book value
At 31 December 2022
6,672 
At 31 December 2021
580 
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Brighter Graphics Limited Notes to the Accounts for the year ended 31 December 2022
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due within one year
VAT
- 
6,723 
Trade debtors
161,289 
131,391 
Accrued income and prepayments
19,057 
1,287 
Other debtors
9,530 
7,335 
189,876 
146,736 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Bank loans and overdrafts
10,002 
10,152 
VAT
2,203 
- 
Trade creditors
165,948 
142,396 
Amounts owed to group undertakings and other participating interests
5,613 
- 
Taxes and social security
37,318 
21,069 
Other creditors
1 
221 
Loans from directors
9,393 
454 
Accruals
1,254 
1,254 
231,732 
175,546 
7
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
28,226 
38,078 
8
Average number of employees
During the year the average number of employees was 3 (2021: 3).
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