Brandlesholme (Retailers) Ltd - Accounts to registrar (filleted) - small 18.1

REGISTERED NUMBER: 01764029 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2018

for

Brandlesholme (Retailers) Ltd

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Williams

Mrs C Williams

Mrs. S L Bibby

SECRETARY:

Mayes Business Partnership Ltd

REGISTERED OFFICE:

22-28 Willow Street

Accrington

Lancashire

BB5 1LP

REGISTERED NUMBER:

01764029 (England and Wales)

ACCOUNTANTS:

Mayes Business Partnership Ltd

Chartered Certified Accountants

22-28 Willow Street

Accrington

Lancashire

BB5 1LP

FIXED ASSETS

Tangible assets

4

139

199,132

Investment property

5

198,969

-

199,108

199,132

CURRENT ASSETS

Debtors

2,251

1,559

Investments

185,000

185,000

Cash at bank

129,244

115,693

316,495

302,252

CREDITORS

Amounts falling due within one year

16,437

18,019

NET CURRENT ASSETS

300,058

284,233

TOTAL ASSETS LESS CURRENT LIABILITIES

499,166

483,365

CAPITAL AND RESERVES

Called up share capital

126,600

126,600

Retained earnings

372,566

356,765

SHAREHOLDERS' FUNDS

499,166

483,365

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2018 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors on 5 June 2018 and were signed on its behalf by:

J Williams - Director

1.	STATUTORY INFORMATION

Brandlesholme (Retailers) Ltd is a private company, limited by shares , registered in England and Wales. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Freehold land is not depreciated.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in

fair value is recognised in profit or loss.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2017 - NIL).

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2017

202,706

Reclassification/transfer

(201,386

)

At 31 March 2018

1,320

DEPRECIATION

At 1 April 2017

3,574

Charge for year

24

Reclassification/transfer

(2,417

)

At 31 March 2018

1,181

NET BOOK VALUE

At 31 March 2018

139

At 31 March 2017

199,132

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Reclassification/transfer

201,386

At 31 March 2018

201,386

DEPRECIATION

Reclassification/transfer

2,417

At 31 March 2018

2,417

NET BOOK VALUE

At 31 March 2018

198,969

6.	CONTROLLING INTEREST

The company is under the control of Brandlesholme (Retailers) Pty Limited, as it owns 100% of the issued share

capital.