Brandon Diamond Cut Alloys Ltd

Brandon Diamond Cut Alloys Ltd

BRANDON DIAMOND CUT ALLOYS LTD - Company Information

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1 February 2022 false No description of principal activity Taxfiler 2023.10 13145359business:PrivateLimitedCompanyLtd2022-02-012023-01-31 131453592022-01-31 131453592022-02-012023-01-31 13145359business:AuditExemptWithAccountantsReport2022-02-012023-01-31 13145359business:FilletedAccounts2022-02-012023-01-31 131453592023-01-31 13145359business:Director12022-02-012023-01-31 13145359business:RegisteredOffice2022-02-012023-01-31 131453592022-01-31 13145359core:WithinOneYear2023-01-31 13145359core:WithinOneYear2022-01-31 13145359core:AfterOneYear2023-01-31 13145359core:AfterOneYear2022-01-31 13145359core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 13145359core:ShareCapitalcore:PreviouslyStatedAmount2022-01-31 13145359core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 13145359core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-01-31 13145359core:PreviouslyStatedAmount2023-01-31 13145359core:PreviouslyStatedAmount2022-01-31 13145359business:SmallEntities2022-02-012023-01-31 13145359countries:EnglandWales2022-02-012023-01-31 13145359core:PlantMachinery2022-02-012023-01-31 13145359core:FurnitureFittings2022-02-012023-01-31 13145359core:PlantMachinery2022-01-31 13145359core:FurnitureFittings2022-01-31 13145359core:PlantMachinery2023-01-31 13145359core:FurnitureFittings2023-01-31 13145359core:WithinOneYear2022-02-012023-01-31 13145359core:AfterOneYear2022-02-012023-01-31 13145359business:OrdinaryShareClass12022-02-012023-01-31 13145359business:OrdinaryShareClass12021-02-012022-01-31 131453592021-02-012022-01-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 13145359 (England and Wales)
Brandon Diamond Cut Alloys Ltd Unaudited accounts for the year ended 31 January 2023
Brandon Diamond Cut Alloys Ltd Unaudited accounts Contents
Page
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Brandon Diamond Cut Alloys Ltd Company Information for the year ended 31 January 2023
Director
Helen Curran
Company Number
13145359 (England and Wales)
Registered Office
Queensway Rochdale OL11 2NU
Accountants
Joy Noakes 3 Crummock Close Little Lever Bolton Lancs BL3 1UG
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Brandon Diamond Cut Alloys Ltd Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
95,393 
54,384 
Current assets
Inventories
5,000 
- 
Debtors
5
11,926 
14,008 
Cash at bank and in hand
3,955 
248 
20,881 
14,256 
Creditors: amounts falling due within one year
6
(7,542)
(64,120)
Net current assets/(liabilities)
13,339 
(49,864)
Total assets less current liabilities
108,732 
4,520 
Creditors: amounts falling due after more than one year
7
(92,724)
- 
Net assets
16,008 
4,520 
Capital and reserves
Called up share capital
9
1 
- 
Profit and loss account
16,007 
4,520 
Shareholders' funds
16,008 
4,520 
For the year ending 31 January 2023 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 director acknowledges her 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 and authorised for issue on 30 October 2023 and were signed on its behalf by
Helen Curran Director Company Registration No. 13145359
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Brandon Diamond Cut Alloys Ltd Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
Brandon Diamond Cut Alloys Ltd is a private company, limited by shares, registered in England and Wales, registration number 13145359. The registered office is Queensway, Rochdale, OL11 2NU.
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
15% RBM
Fixtures & fittings
10% RBM
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2022
54,384 
- 
54,384 
Additions
58,422 
1,334 
59,756 
At 31 January 2023
112,806 
1,334 
114,140 
Depreciation
Charge for the year
18,612 
135 
18,747 
At 31 January 2023
18,612 
135 
18,747 
Net book value
At 31 January 2023
94,194 
1,199 
95,393 
At 31 January 2022
54,384 
- 
54,384 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
11,526 
13,608 
Other debtors
400 
400 
11,926 
14,008 
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Brandon Diamond Cut Alloys Ltd Notes to the Accounts for the year ended 31 January 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
1,423 
6,015 
Taxes and social security
5,119 
1,061 
Loans from directors
- 
56,044 
Accruals
1,000 
1,000 
7,542 
64,120 
PAYE £5,118 VAT £1,423 Accruals £1,000
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Loans from directors
92,724 
- 
Directors Loan
The VAT provision was shown incorrectly in last years accounts, this has been corrected and the adjustment has been shown under changes in provisions for liabilities.
9
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
- 
Shares issued during the period:
1 Ordinary shares of £1 each
1 
10
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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