Brit Lines (UK) Limited
Brit Lines (UK) Limited
Registered number: 08434824
Financial Statements
For The Year Ended 31 March 2023
AJN Accountants Limited
Hideaway Workspace Office 43
1 Empire Mews
Streatham
SW16 2BF
Brit Lines (UK) Limited
Contents
Contents
| Page | |
|---|---|
| Balance Sheet | 1 |
| Notes to the Financial Statements | 2 |
Brit Lines (UK) Limited
Balance Sheet
As At
31 March 2023
Balance Sheet
Registered number:
08434824
For the year ending 31 March 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 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
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| Notes | £ | £ | £ | £ | |
| CURRENT ASSETS | |||||
| Stocks | 4 |
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| Debtors | 5 |
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| Cash at bank and in hand |
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| Creditors: Amounts Falling Due Within One Year | 6 |
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| NET CURRENT ASSETS (LIABILITIES) |
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| TOTAL ASSETS LESS CURRENT LIABILITIES |
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| NET LIABILITIES |
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| CAPITAL AND RESERVES | |||||
| Called up share capital | 7 |
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| Profit and Loss Account |
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| SHAREHOLDERS' FUNDS | (9,055) | (8,571) | |||
On behalf of the board
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Director
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The notes on page 2 form part of these financial statements.
Brit Lines (UK) Limited
Notes to the Financial Statements
For The Year Ended 31 March 2023
Notes to the Financial Statements
1.
General Information
Brit Lines (UK) Limited
is a private company, limited by shares, incorporated in England & Wales, registered number
08434824
. The registered office is 44 Rosedene Gardens, Clayhall, Essex, IG2 6YD.
2.
Accounting Policies
2.1.
Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2.
Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3.
Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2022: 1)
4.
Stocks
| 2023 | 2022 | ||
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| £ | £ | ||
| Finished goods |
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5.
Debtors
| 2023 | 2022 | ||
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| £ | £ | ||
| Due within one year | |||
| VAT |
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6.
Creditors: Amounts Falling Due Within One Year
| 2023 | 2022 | ||
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| £ | £ | ||
| Other creditors |
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| Directors' loan accounts |
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