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REGISTERED NUMBER: 05098055 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

Brown Clark Group Limited

Brown Clark Group Limited (Registered number: 05098055)

Contents of the Financial Statements
for the Year Ended 31 May 2023










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Brown Clark Group Limited

Company Information
for the Year Ended 31 May 2023







DIRECTORS: Mr Robert John Brown
Mr John Kenneth Clark



SECRETARY: Mr Robert John Brown



REGISTERED OFFICE: The Old Dairy
Mill Street
Packington
Ashby-de-la-Zouch
Leicestershire
LE65 1WN



REGISTERED NUMBER: 05098055 (England and Wales)



ACCOUNTANTS: Landin Wilcock & Co
Chartered Accountants
68 Queen Street
Sheffield
South Yorkshire
S1 1WR



BANKERS: HSBC
High Street
Coalville
Leicestershire
LE67 3EN

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Brown Clark Group Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Directors' Report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Brown Clark Group Limited for the year ended 31 May 2023 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Brown Clark Group Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Brown Clark Group Limited and state those matters that we have agreed to state to the Board of Directors of Brown Clark Group Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Brown Clark Group Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Brown Clark Group Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Brown Clark Group Limited. You consider that Brown Clark Group Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Brown Clark Group Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Landin Wilcock & Co
Chartered Accountants
68 Queen Street
Sheffield
South Yorkshire
S1 1WR


23 February 2024

Brown Clark Group Limited (Registered number: 05098055)

Balance Sheet
31 May 2023

31/5/23 31/5/22
Notes £    £   
FIXED ASSETS
Tangible assets 4 16,593 26,632
Investments 5 80 80
16,673 26,712

CURRENT ASSETS
Debtors 6 138,760 172,010
Cash at bank 7,489 10,097
146,249 182,107
CREDITORS
Amounts falling due within one year 7 (112,094 ) (134,299 )
NET CURRENT ASSETS 34,155 47,808
TOTAL ASSETS LESS CURRENT LIABILITIES 50,828 74,520

CREDITORS
Amounts falling due after more than one
year

8

(20,765

)

(30,765

)

PROVISIONS FOR LIABILITIES (3,598 ) (4,550 )
NET ASSETS 26,465 39,205

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 26,365 39,105
26,465 39,205

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 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.

Brown Clark Group Limited (Registered number: 05098055)

Balance Sheet - continued
31 May 2023


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 23 February 2024 and were signed on its behalf by:





Mr John Kenneth Clark - Director


Brown Clark Group Limited (Registered number: 05098055)

Notes to the Financial Statements
for the Year Ended 31 May 2023


1. STATUTORY INFORMATION

Brown Clark Group 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Preparation of consolidated financial statements
The financial statements contain information about Brown Clark Group Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Motor vehicles - 25% on cost
Computer equipment - 20% on reducing balance

Tangible fixed assets are initially measured at cost. Subsequently, they are measured at cost less accumulated depreciation and impairment losses.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Financial instruments
Financial assets and financial liabilities are recognised when the company becomes party to the contractual provisions of the instrument. Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the asset of the company after deducting all of its liabilities.


Brown Clark Group Limited (Registered number: 05098055)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023


2. ACCOUNTING POLICIES - continued
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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 2 (2022 - 2 ) .

Brown Clark Group Limited (Registered number: 05098055)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023


4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 June 2022
and 31 May 2023 38,999 2,669 41,668
DEPRECIATION
At 1 June 2022 13,812 1,224 15,036
Charge for year 9,750 289 10,039
At 31 May 2023 23,562 1,513 25,075
NET BOOK VALUE
At 31 May 2023 15,437 1,156 16,593
At 31 May 2022 25,187 1,445 26,632

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:
Motor
vehicles
£   
COST
At 1 June 2022
and 31 May 2023 38,999
DEPRECIATION
At 1 June 2022 13,812
Charge for year 9,750
At 31 May 2023 23,562
NET BOOK VALUE
At 31 May 2023 15,437
At 31 May 2022 25,187

Brown Clark Group Limited (Registered number: 05098055)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023


5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 June 2022
and 31 May 2023 80
NET BOOK VALUE
At 31 May 2023 80
At 31 May 2022 80

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/5/23 31/5/22
£    £   
Trade debtors 71,010 122,219
Other debtors 67,750 49,791
138,760 172,010

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/5/23 31/5/22
£    £   
Bank loans and overdrafts 10,000 9,745
Trade creditors 46,941 56,476
Taxation and social security 22,215 32,665
Other creditors 32,938 35,413
112,094 134,299

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31/5/23 31/5/22
£    £   
Bank loans 20,765 30,765

9. SECURED DEBTS

The following secured debts are included within creditors:

31/5/23 31/5/22
£    £   
Bank loans 30,765 40,510

The bank loan is supported by the Bounce Back Loan Scheme and is guaranteed by the UK Government,

Brown Clark Group Limited (Registered number: 05098055)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023


10. RELATED PARTY DISCLOSURES

Kata Crushing and Recycling Finance Limited
(A company of which the directors of Brown Clark Group Limited are shareholders)

During the year sales of £8,136 (2022 - £8,136) were recharged to Kata Crushing and Recycling Finance Limited. Management recharges and purchases of £28,800 (2022 - £28,800) were recharged from Kata Crushing and Recycling Finance Limited. At the balance sheet date the amount due to Kata Crushing and Recycling Finance Limited was £26,450 (2022 - £43,986).

Brown Clark Group Pension Fund
(Pension Fund)

During the year the company made rent payments of Nil (2022 - £Nil) to Brown Clark Group Pension Fund. At the balance sheet date the amount due from Brown Clark Pension Fund was Nil (2022 - Nil).