Brolly Construction Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: SC558031 (Scotland)

Unaudited Financial Statements

for the Year Ended 28 February 2023

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 , 37 Rosyth Road

Morris Park

Glasgow

G5 0YE

CURRENT ASSETS

Stocks

4

12,200

39,380

Debtors

5

45,000

108,423

Cash at bank and in hand

12,249

22,574

69,449

170,377

CREDITORS

Amounts falling due within one year

6

30,819

51,529

NET CURRENT ASSETS

38,630

118,848

TOTAL ASSETS LESS CURRENT LIABILITIES

38,630

118,848

CREDITORS

Amounts falling due after more than one year

7

38,612

43,333

NET ASSETS

18

75,515

CAPITAL AND RESERVES

Called up share capital

8

100

100

Retained earnings

(82

)

75,415

SHAREHOLDERS' FUNDS

18

75,515

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 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 28 November 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 1 (2022 - 2 ) .

4.

STOCKS

28.2.23

28.2.22

£

£

Stocks

950

15,380

Work-in-progress

11,250

24,000

12,200

39,380

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.23

28.2.22

£

£

Amounts owed by associates

45,000

45,000

Directors' current accounts

-

44,223

VAT

-

19,200

45,000

108,423

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.23

28.2.22

£

£

Trade creditors

10,000

31,821

Tax

18,508

18,508

Social security and other taxes

631

-

VAT

389

-

Accrued expenses

1,291

1,200

30,819

51,529

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.23

28.2.22

£

£

Bank loan

38,612

43,333

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.2.23

28.2.22

value:

£

£

100

Ordinary

£1

100

100