Brolly Construction Ltd - Accounts to registrar (filleted) - small 22.3

REGISTERED NUMBER: SC558031 (Scotland)

Unaudited Financial Statements

for the Year Ended 28 February 2022

for

Brolly Construction Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs K Brolly

REGISTERED OFFICE:

Unit 3

Morris Park

37 Rosyth Road

Glasgow

G5 0YD

REGISTERED NUMBER:

SC558031 (Scotland)

ACCOUNTANTS:

KPP Glasgow South Ltd

Chartered Certified Accountants

Unit 3 , Morris Park

Glasgow

G5 0YD

CURRENT ASSETS

Stocks

4

39,380

21,025

Debtors

5

108,423

113,109

Cash at bank and in hand

22,574

4,362

170,377

138,496

CREDITORS

Amounts falling due within one year

6

51,529

19,104

NET CURRENT ASSETS

118,848

119,392

TOTAL ASSETS LESS CURRENT LIABILITIES

118,848

119,392

CREDITORS

Amounts falling due after more than one year

7

43,333

50,000

NET ASSETS

75,515

69,392

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

75,415

69,292

SHAREHOLDERS' FUNDS

75,515

69,392

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 24 February 2023 and were signed by:

Mrs K Brolly - Director

1.	STATUTORY INFORMATION

Brolly Construction Ltd is a private company, limited by shares , registered in Scotland. 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 1 ) .

4.

STOCKS

28.2.22

28.2.21

£

£

Stocks

15,380

2,025

Work-in-progress

24,000

19,000

39,380

21,025

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.22

28.2.21

£

£

Amounts owed by associates

45,000

45,000

Directors' current accounts

44,223

68,041

VAT

19,200

68

108,423

113,109

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.22

28.2.21

£

£

Trade creditors

31,821

-

Tax

18,508

17,072

Social security and other taxes

-

(453

)

Accrued expenses

1,200

2,485

51,529

19,104

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.22

28.2.21

£

£

Bank loan

43,333

50,000

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.22

28.2.21

value:

£

£

100

Ordinary

£1

100

100