Islands Brow Ltd
|
Registered number: |
11146188
|
Balance Sheet |
as at 31 January 2021
|
|
Notes |
|
|
2021 |
|
|
2020 |
£ |
£ |
Fixed assets |
Intangible assets |
3 |
|
|
114,000 |
|
|
100,000 |
|
Current assets |
Stocks |
|
|
23,088 |
|
|
- |
Cash at bank and in hand |
|
|
7,539 |
|
|
- |
|
|
|
30,627 |
|
|
- |
|
Creditors: amounts falling due within one year |
4 |
|
(94,928) |
|
|
(100,000) |
|
Net current liabilities |
|
|
|
(64,301) |
|
|
(100,000) |
|
Total assets less current liabilities |
|
|
|
49,699 |
|
|
- |
|
Creditors: amounts falling due after more than one year |
5 |
|
|
(50,000) |
|
|
- |
|
|
|
Net liabilities |
|
|
|
(301) |
|
|
- |
|
|
|
|
|
|
|
|
Capital and reserves |
Called up share capital |
|
|
|
200 |
|
|
- |
Profit and loss account |
|
|
|
(501) |
|
|
- |
|
Shareholder's funds |
|
|
|
(301) |
|
|
- |
|
|
|
|
|
|
|
|
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
|
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
|
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
|
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
|
|
|
|
|
Emma Elizabeth Scott |
Director |
Approved by the board on 27 September 2021
|
|
Islands Brow Ltd
|
Notes to the Accounts |
for the year ended 31 January 2021
|
|
|
1 |
Accounting policies |
|
|
Intangible fixed assets |
|
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
|
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
|
|
|
Creditors |
|
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
|
|
|
2 |
Employees |
2021 |
|
2020 |
Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
3 |
Intangible fixed assets |
£ |
|
Goodwill: |
|
|
Cost |
|
At 1 February 2020 |
100,000 |
|
Additions |
14,000 |
|
At 31 January 2021 |
114,000 |
|
|
|
|
|
|
|
|
|
|
Amortisation |
|
At 31 January 2021 |
- |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 January 2021 |
114,000 |
|
At 31 January 2020 |
100,000 |
|
|
|
|
|
|
|
|
|
|
4 |
Creditors: amounts falling due within one year |
2021 |
|
2020 |
£ |
£ |
|
|
Other creditors |
50,000 |
|
50,000 |
|
Trade creditors |
10,222 |
|
- |
|
Director's loan account |
34,706 |
|
50,000 |
|
|
|
|
|
|
94,928 |
|
100,000 |
|
|
|
|
|
|
|
|
|
|
5 |
Creditors: amounts falling due after one year |
2021 |
|
2020 |
£ |
£ |
|
|
Bank loans |
50,000 |
|
- |
|
|
|
|
|
|
|
|
|
|
6 |
Other information |
|
|
Islands Brow Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
2 Hilliards Court |
|
Chester Business Park |
|
Chester |
|
CH4 9PX |