Company registration number 03863829 (England and Wales)
BRETT WALKER LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
PAGES FOR FILING WITH REGISTRAR
BRETT WALKER LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
BRETT WALKER LIMITED (REGISTERED NUMBER: 03863829)
BALANCE SHEET
AS AT 31 OCTOBER 2023
31 October 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
977
1,681
Current assets
Debtors
4
7,391
6,911
Cash at bank and in hand
4,558
1,922
11,949
8,833
Creditors: amounts falling due within one year
5
(17,451)
(10,291)
Net current liabilities
(5,502)
(1,458)
Net (liabilities)/assets
(4,525)
223
Capital and reserves
Called up share capital
2
2
Profit and loss reserves
(4,527)
221
Total equity
(4,525)
223
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
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.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 8 March 2024
B Walker
Director
BRETT WALKER LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023
- 2 -
1
Accounting policies
Company information
Brett Walker Limited is a private company limited by shares incorporated in England and Wales. The registered office is 19-21 Swan Street, West Malling, Kent, ME19 6JU.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover represents net invoiced sales of services, excluding value added tax. Revenue is recognised at the invoice date.
1.3
Tangible fixed assets
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures, fittings & equipment
25% reducing balance
Computer equipment
33% on cost
1.4
Retirement benefits
The company operated a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to the profit and loss account in the period to which they operate.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2023
2022
Number
Number
Total
1
1
BRETT WALKER LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2023
- 3 -
3
Tangible fixed assets
Fixtures, fittings & equipment
Computer equipment
Total
£
£
£
Cost
At 1 November 2022 and 31 October 2023
1,074
4,057
5,131
Depreciation and impairment
At 1 November 2022
664
2,786
3,450
Depreciation charged in the year
102
602
704
At 31 October 2023
766
3,388
4,154
Carrying amount
At 31 October 2023
308
669
977
At 31 October 2022
410
1,271
1,681
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
4,771
3,303
Other debtors
2,620
3,608
7,391
6,911
5
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
588
554
Taxation and social security
450
Other creditors
16,413
9,737
17,451
10,291
