Brayzel Narrowboats Limited - Accounts to registrar (filleted) - small 18.2
Brayzel Narrowboats Limited - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2020 |
| FOR |
| BRAYZEL NARROWBOATS LIMITED |
| BRAYZEL NARROWBOATS LIMITED (REGISTERED NUMBER: 07118265) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| for the Year Ended 31 January 2020 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| BRAYZEL NARROWBOATS LIMITED |
| COMPANY INFORMATION |
| for the Year Ended 31 January 2020 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| & Business Advisors |
| Vantage House Euxton Lane |
| Euxton |
| Chorley |
| Lancashire |
| PR7 6TB |
| BRAYZEL NARROWBOATS LIMITED (REGISTERED NUMBER: 07118265) |
| BALANCE SHEET |
| 31 January 2020 |
| 31.1.20 | 31.1.19 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 6 |
| Cash in hand |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year | 8 | ( |
) | ( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The director acknowledges his 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. |
| BRAYZEL NARROWBOATS LIMITED (REGISTERED NUMBER: 07118265) |
| BALANCE SHEET - continued |
| 31 January 2020 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the director and authorised for issue on |
| BRAYZEL NARROWBOATS LIMITED (REGISTERED NUMBER: 07118265) |
| NOTES TO THE FINANCIAL STATEMENTS |
| for the Year Ended 31 January 2020 |
| 1. | STATUTORY INFORMATION |
| Brayzel Narrowboats Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| The company is dependent upon the continuing support of its director and other creditors to enable it to meet its day to day working capital requirements. |
| On this basis the financial statements have been prepared on the going concern basis, the financial statements do not include any adjustments that would result in the withdrawal of support by the creditors. |
| Turnover |
| Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. |
| Goodwill |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Plant and machinery | - |
| Motor vehicles | - |
| Computer equipment | - |
| Inventories |
| Inventories have been valued at the lower of cost and estimated selling price less costs to sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacture/completion. |
| Pension costs and other post-retirement benefits |
| The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| BRAYZEL NARROWBOATS LIMITED (REGISTERED NUMBER: 07118265) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31 January 2020 |
| 4. | INTANGIBLE FIXED ASSETS |
| Goodwill |
| £ |
| COST |
| At 1 February 2019 |
| and 31 January 2020 |
| AMORTISATION |
| At 1 February 2019 |
| and 31 January 2020 |
| NET BOOK VALUE |
| At 31 January 2020 |
| At 31 January 2019 |
| 5. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1 February 2019 |
| Disposals | ( |
) |
| At 31 January 2020 |
| DEPRECIATION |
| At 1 February 2019 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31 January 2020 |
| NET BOOK VALUE |
| At 31 January 2020 |
| At 31 January 2019 |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.1.20 | 31.1.19 |
| £ | £ |
| Amounts owed by group undertakings |
| Other debtors |
| BRAYZEL NARROWBOATS LIMITED (REGISTERED NUMBER: 07118265) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| for the Year Ended 31 January 2020 |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 31.1.20 | 31.1.19 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 31.1.20 | 31.1.19 |
| £ | £ |
| Bank loans |
| 9. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 31.1.20 | 31.1.19 |
| £ | £ |
| Bank overdrafts |
| Bank loans |
| 10. | ULTIMATE CONTROLLING PARTY |
| The controlling party is A G Crook. |