Brand New Limited - Accounts to registrar (filleted) - small 22.3
Brand New Limited - Accounts to registrar (filleted) - small 22.3
| REGISTERED NUMBER: |
| Brand New Limited |
| Trading as |
| Hodgkinson Design |
| Unaudited Financial Statements |
| for the Year Ended 31 March 2022 |
| Brand New Limited (Registered number: 02922447) |
| Trading as Hodgkinson Design |
| Contents of the Financial Statements |
| for the year ended 31 March 2022 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| Brand New Limited |
| Trading as Hodgkinson Design |
| Company Information |
| for the year ended 31 March 2022 |
| Directors: |
| Secretary: |
| Registered office: |
| Registered number: |
| Accountants: |
| Chartered Accountants |
| New Derwent House |
| 69-73 Theobalds Road |
| London |
| WC1X 8TA |
| Brand New Limited (Registered number: 02922447) |
| Trading as Hodgkinson Design |
| Balance Sheet |
| 31 March 2022 |
| 2022 | 2021 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Tangible assets | 4 |
| Current assets |
| Debtors | 5 |
| Cash at bank and in hand |
| Creditors |
| Amounts falling due within one year | 6 |
| Net current (liabilities)/assets | ( |
) |
| Total assets less current liabilities | ( |
) |
| Creditors |
| Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
| Provisions for liabilities | 8 | ( |
) |
| Net (liabilities)/assets | ( |
) |
| Capital and reserves |
| Called up share capital | 9 |
| Retained earnings | 10 | ( |
) |
| Shareholders' funds | ( |
) |
| 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. |
| Brand New Limited (Registered number: 02922447) |
| Trading as Hodgkinson Design |
| Balance Sheet - continued |
| 31 March 2022 |
| 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 |
| Brand New Limited (Registered number: 02922447) |
| Trading as Hodgkinson Design |
| Notes to the Financial Statements |
| for the year ended 31 March 2022 |
| 1. | Statutory information |
| Brand New Limited is a |
| 2. | Accounting policies |
| Basis of preparing the financial statements |
| Turnover |
| Turnover represents amounts receivable for architectural and design services net of VAT. |
| Profit is recognised on long-term contracts, if the final outcome can be assessed with reasonable certainty, by including in the profit and loss account turnover and related costs as contract activity progresses. Turnover is calculated as that proportion of total contract value which costs to date bear to total expected costs for that contract. |
| Tangible fixed assets |
| Fixtures and fittings | - |
| Computer equipment | - |
| 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. |
| 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. |
| Going concern |
| The company meets its day to day working capital requirements through the support of the directors and shareholders of the company. On this basis, the directors and shareholders consider it appropriate to prepare the financial statements on the going concern basis. |
| 3. | Employees and directors |
| The average number of employees during the year was |
| Brand New Limited (Registered number: 02922447) |
| Trading as Hodgkinson Design |
| Notes to the Financial Statements - continued |
| for the year ended 31 March 2022 |
| 4. | Tangible fixed assets |
| Fixtures |
| and | Computer |
| fittings | equipment | Totals |
| £ | £ | £ |
| Cost |
| At 1 April 2021 |
| Additions |
| At 31 March 2022 |
| Depreciation |
| At 1 April 2021 |
| Charge for year |
| At 31 March 2022 |
| Net book value |
| At 31 March 2022 |
| At 31 March 2021 |
| 5. | Debtors: amounts falling due within one year |
| 2022 | 2021 |
| £ | £ |
| Trade debtors |
| Other debtors |
| 6. | Creditors: amounts falling due within one year |
| 2022 | 2021 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | Creditors: amounts falling due after more than one year |
| 2022 | 2021 |
| £ | £ |
| Bank loans |
| 8. | Provisions for liabilities |
| 2022 |
| £ |
| Deferred tax |
| Accelerated capital allowances |
| Brand New Limited (Registered number: 02922447) |
| Trading as Hodgkinson Design |
| Notes to the Financial Statements - continued |
| for the year ended 31 March 2022 |
| 8. | Provisions for liabilities - continued |
| Deferred tax |
| £ |
| Balance at 1 April 2021 | ( |
) |
| Provided during year |
| Balance at 31 March 2022 |
| 9. | Called up share capital |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2022 | 2021 |
| value: | £ | £ |
| Ordinary | £1 | 100 | 100 |
| 10. | Reserves |
| Retained |
| earnings |
| £ |
| At 1 April 2021 |
| Deficit for the year | ( |
) |
| At 31 March 2022 | ( |
) |
| 11. | Related party disclosures |
| At the year end the company owed £4,809 (2021 - £5,059) to The Property Club UK LLP, a business in which a director has an interest. |
| Included in other creditors is £37,092 (2021 - £47,533) owed to the directors. |