John Brownsey Limited 5912694 false 2022-09-01 2023-08-31 2023-08-31 The principal activity of the company is that of engineering sales consultancy. Digita Accounts Production Advanced 6.30.9574.0 true true 5912694 2022-09-01 2023-08-31 5912694 2023-08-31 5912694 core:RetainedEarningsAccumulatedLosses 2023-08-31 5912694 core:ShareCapital 2023-08-31 5912694 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 5912694 core:OtherPropertyPlantEquipment 2023-08-31 5912694 bus:SmallEntities 2022-09-01 2023-08-31 5912694 bus:AuditExemptWithAccountantsReport 2022-09-01 2023-08-31 5912694 bus:FullAccounts 2022-09-01 2023-08-31 5912694 bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 5912694 bus:RegisteredOffice 2022-09-01 2023-08-31 5912694 bus:Director1 2022-09-01 2023-08-31 5912694 bus:Director2 2022-09-01 2023-08-31 5912694 bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 5912694 core:OtherPropertyPlantEquipment 2022-09-01 2023-08-31 5912694 core:PlantMachinery 2022-09-01 2023-08-31 5912694 countries:EnglandWales 2022-09-01 2023-08-31 5912694 2022-08-31 5912694 core:OtherPropertyPlantEquipment 2022-08-31 5912694 2021-09-01 2022-08-31 5912694 2022-08-31 5912694 core:RetainedEarningsAccumulatedLosses 2022-08-31 5912694 core:ShareCapital 2022-08-31 5912694 core:CurrentFinancialInstruments core:WithinOneYear 2022-08-31 5912694 core:OtherPropertyPlantEquipment 2022-08-31 iso4217:GBP xbrli:pure

Registration number: 5912694

John Brownsey Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 August 2023

 

John Brownsey Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 7

 

John Brownsey Limited

Company Information

Directors

Mr W J Brownsey

Mrs J E Brownsey

Registered office

Lyndhurst
Intakes Lane Turnditch
Belper
Derbyshire
DE56 2LU

Accountants

Coates and Partners Limited
Chartered Accountants
The Old Vicarage
51 St John Street
Ashbourne
Derbyshire
DE6 1GP

 

John Brownsey Limited

(Registration number: 5912694)
Balance Sheet as at 31 August 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

1,660

577

Current assets

 

Debtors

5

37,378

30,361

Cash at bank and in hand

 

595,849

591,435

 

633,227

621,796

Creditors: Amounts falling due within one year

6

(37,247)

(56,327)

Net current assets

 

595,980

565,469

Total assets less current liabilities

 

597,640

566,046

Provisions for liabilities

(300)

(150)

Net assets

 

597,340

565,896

Capital and reserves

 

Allotted, called up and fully paid share capital

100

100

Profit and loss account

597,240

565,796

 

597,340

565,896

Total equity

 

597,340

565,896

 

John Brownsey Limited

(Registration number: 5912694)
Balance Sheet as at 31 August 2023 (continued)

For the financial year ending 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland'.

Approved and authorised by the Board on 29 November 2023 and signed on its behalf by:
 

.........................................
Mr W J Brownsey
Director

.........................................
Mrs J E Brownsey
Director

 
     
 

John Brownsey Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2023

1

General information

The company is a private company limited by share capital incorporated in England and Wales registration number: 5912694.

The address of its registered office is:
Lyndhurst
Intakes Lane Turnditch
Belper
Derbyshire
DE56 2LU

These financial statements were authorised for issue by the Board on 29 November 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The presentation currency is £ sterling.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

John Brownsey Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2023 (continued)

2

Accounting policies (continued)

Foreign currency transactions and balances

Transactions denominated in foreign currencies are translated into sterling and recorded at the rate of exchange ruling at the date of the transaction. Balances at the year-end denominated in a foreign currency are translated into sterling at the rate of exchange ruling at the balance sheet date.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

15% reducing balance basis and 33.3% straight line basis

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2022 - 2).

 

John Brownsey Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2023 (continued)

4

Tangible assets

Plant and machinery
£

Total
£

Cost or valuation

At 1 September 2022

8,229

8,229

Additions

1,170

1,170

At 31 August 2023

9,399

9,399

Depreciation

At 1 September 2022

7,652

7,652

Charge for the year

87

87

At 31 August 2023

7,739

7,739

Carrying amount

At 31 August 2023

1,660

1,660

At 31 August 2022

577

577

5

Debtors

Current

2023
£

2022
£

Trade debtors

34,705

23,925

Prepayments

136

5,706

Other debtors

2,537

730

 

37,378

30,361

 

John Brownsey Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2023 (continued)

6

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Due within one year

Taxation and social security

25,539

50,938

Accruals and deferred income

3,130

3,035

Other creditors

8,578

2,354

37,247

56,327