Bradley Professional Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 09450522 (England and Wales)

Bradley Professional Limited

Unaudited Financial Statements

for the Year Ended 28th February 2020

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr J Bradley

Mrs L Bradley

REGISTERED OFFICE:

12 Bridgford Road

West Bridgford

Nottingham

Nottinghamshire

NG2 6AB

REGISTERED NUMBER:

09450522 (England and Wales)

ACCOUNTANTS:

Brooks Mayfield Limited

Chartered Accountants

12 Bridgford Road

West Bridgford

Nottinghamshire

NG2 6AB

CURRENT ASSETS

Cash at bank and in hand

137,830

121,796

CREDITORS

Amounts falling due within one year

4

(27,680

)

(31,253

)

NET CURRENT ASSETS

110,150

90,543

TOTAL ASSETS LESS CURRENT LIABILITIES

110,150

90,543

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

110,050

90,443

110,150

90,543

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2020 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 applicable to companies subject to the small companies regime.

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

The financial statements were approved by the Board of Directors and authorised for issue on 16th November 2020 and were signed on its behalf by:

Mr J Bradley - Director

1.	STATUTORY INFORMATION

Bradley Professional Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2019 - 1 ) .

4.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Taxation and social security

26,143

29,641

Other creditors

1,537

1,612

27,680

31,253

5.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 28th February 2020 and 28th February 2019:

2020

2019

£

£

Mr J Bradley and Mrs L Bradley

Balance outstanding at start of year

436

813

Amounts advanced

91,750

66,000

Amounts repaid

(91,349

)

(66,377

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

837

436

This loan is unsecured and payable on demand.