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REGISTERED NUMBER: SC459714 (Scotland)















Unaudited Financial Statements for the Year Ended 30 September 2023

for

Brierie Financial Planning Ltd

Brierie Financial Planning Ltd (Registered number: SC459714)






Contents of the Financial Statements
for the Year Ended 30 September 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Brierie Financial Planning Ltd

Company Information
for the Year Ended 30 September 2023







DIRECTORS: M D Joyce
Mrs L E Joyce





REGISTERED OFFICE: 24 Brierie Gardens
Crosslee
Johnstone
Renfrewshire
PA6 7BZ





REGISTERED NUMBER: SC459714 (Scotland)





ACCOUNTANTS: Lamont Blair Chartered Accountants
1A Berwick Drive
Rutherglen
South Lanarkshire
G73 3JP

Brierie Financial Planning Ltd (Registered number: SC459714)

Abridged Balance Sheet
30 September 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,682 1,226
Investments 5 97,900 76,500
118,582 77,726

CURRENT ASSETS
Debtors - 134
Prepayments and accrued income 4,283 6,031
Cash at bank 1,016 19,765
5,299 25,930
CREDITORS
Amounts falling due within one year 20,573 19,044
NET CURRENT (LIABILITIES)/ASSETS (15,274 ) 6,886
TOTAL ASSETS LESS CURRENT
LIABILITIES

103,308

84,612

PROVISIONS FOR LIABILITIES (3,929 ) (233 )

ACCRUALS AND DEFERRED INCOME (2,046 ) (2,031 )
NET ASSETS 97,333 82,348

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings 97,233 82,248
SHAREHOLDERS' FUNDS 97,333 82,348

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Brierie Financial Planning Ltd (Registered number: SC459714)

Abridged Balance Sheet - continued
30 September 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 September 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 27 March 2024 and were signed on its behalf by:





M D Joyce - Director


Brierie Financial Planning Ltd (Registered number: SC459714)

Notes to the Financial Statements
for the Year Ended 30 September 2023

1. STATUTORY INFORMATION

Brierie Financial Planning 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.

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.

Significant judgements and estimates
Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Although these estimates are based on management's best knowledge of the amount, events or actions, actual results ultimately may differ from those estimates.

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 each asset over its estimated useful life.
Plant and machinery - 33% on cost
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance

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.

Brierie Financial Planning Ltd (Registered number: SC459714)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

2. ACCOUNTING POLICIES - continued

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.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents
Cash is represented by cash and deposits with financial institutions repayable without penalty on notice of not more than twenty four hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 October 2022 8,003
Additions 28,197
At 30 September 2023 36,200
DEPRECIATION
At 1 October 2022 6,777
Charge for year 8,741
At 30 September 2023 15,518
NET BOOK VALUE
At 30 September 2023 20,682
At 30 September 2022 1,226

5. FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:
2023 2022
£    £   
Capital adequacy fund 97,900 76,500

Brierie Financial Planning Ltd (Registered number: SC459714)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2023

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

7. ULTIMATE CONTROLLING PARTY

The controlling party is M D Joyce.