Brown Edge House Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 08558729 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2019

FOR

BROWN EDGE HOUSE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs P Allen

Mrs K M Waine

Mr C J Waine

REGISTERED OFFICE:

Brown Edge House

Nutgrove Road

St Helens

Merseyside

WA9 5JR

REGISTERED NUMBER:

08558729 (England and Wales)

ACCOUNTANTS:

Maddocks & Gamble Limited

Chartered Accountants

Suite 5 Ribble Saw Mill

Paley Road

Preston

Lancashire

PR1 8LT

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

116,708

115,815

116,708

115,815

CURRENT ASSETS

Debtors

6

163,480

43,387

Cash at bank and in hand

73,779

130,689

237,259

174,076

CREDITORS

Amounts falling due within one year

7

65,096

42,026

NET CURRENT ASSETS

172,163

132,050

TOTAL ASSETS LESS CURRENT LIABILITIES

288,871

247,865

PROVISIONS FOR LIABILITIES

8

5,074

6,332

NET ASSETS

283,797

241,533

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

283,796

241,532

SHAREHOLDERS' FUNDS

283,797

241,533

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2019 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 June 2021 and were signed on its behalf by:

Mrs K M Waine - Director

1.	STATUTORY INFORMATION

Brown Edge House 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.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of one years.

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

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

Plant and machinery etc

-

25% on reducing balance, 20% on reducing balance and 5% on reducing balance

Fixed assets are stated at their cost prices, less accumulated depreciation and less amounts recognised in respect of impairment.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 21 (2018 - 22 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 July 2018

and 30 June 2019

1

AMORTISATION

At 1 July 2018

and 30 June 2019

1

NET BOOK VALUE

At 30 June 2019

-

At 30 June 2018

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 July 2018

148,169

Additions

14,005

At 30 June 2019

162,174

DEPRECIATION

At 1 July 2018

32,354

Charge for year

13,112

At 30 June 2019

45,466

NET BOOK VALUE

At 30 June 2019

116,708

At 30 June 2018

115,815

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.19

30.6.18

£

£

Trade debtors

44,666

42,496

Other debtors

118,814

891

163,480

43,387

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.19

30.6.18

£

£

Trade creditors

20,006

15,440

Taxation and social security

23,171

8,689

Other creditors

21,919

17,897

65,096

42,026

8.	PROVISIONS FOR LIABILITIES

30.6.19

30.6.18

£

£

Deferred tax

5,074

6,332

Deferred

tax

£

Balance at 1 July 2018

6,332

Provided during year

(1,258

)

Accelerated capital allowances

Balance at 30 June 2019

5,074

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2019 and 30 June 2018:

30.6.19

30.6.18

£

£

Mrs K M Waine

Balance outstanding at start of year

-

-

Amounts advanced

7,910

-

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

7,910

-

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Mrs K M Waine.

The ultimate controlling party is Mrs K M Waine.