IRIS Accounts Production v24.2.0.383 00049371 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh000493712022-12-31000493712023-12-31000493712023-01-012023-12-31000493712021-12-31000493712022-01-012022-12-31000493712022-12-3100049371ns15:EnglandWales2023-01-012023-12-3100049371ns14:PoundSterling2023-01-012023-12-3100049371ns10:Director12023-01-012023-12-3100049371ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3100049371ns10:SmallEntities2023-01-012023-12-3100049371ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3100049371ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3100049371ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3100049371ns10:FullAccounts2023-01-012023-12-310004937112023-01-012023-12-3100049371ns10:Director22023-01-012023-12-3100049371ns10:RegisteredOffice2023-01-012023-12-3100049371ns5:CurrentFinancialInstruments2023-12-3100049371ns5:CurrentFinancialInstruments2022-12-3100049371ns5:Non-currentFinancialInstruments2023-12-3100049371ns5:Non-currentFinancialInstruments2022-12-3100049371ns5:ShareCapital2023-12-3100049371ns5:ShareCapital2022-12-3100049371ns5:SharePremium2023-12-3100049371ns5:SharePremium2022-12-3100049371ns5:RetainedEarningsAccumulatedLosses2023-12-3100049371ns5:RetainedEarningsAccumulatedLosses2022-12-3100049371ns5:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3100049371ns5:ShortLeaseholdAssetsns5:LandBuildings2023-01-012023-12-3100049371ns5:PlantMachinery2023-01-012023-12-3100049371ns5:NetGoodwill2022-12-3100049371ns5:NetGoodwill2023-12-3100049371ns5:NetGoodwill2022-12-3100049371ns5:ShortLeaseholdAssetsns5:LandBuildings2022-12-3100049371ns5:PlantMachinery2022-12-3100049371ns5:ShortLeaseholdAssetsns5:LandBuildings2023-12-3100049371ns5:PlantMachinery2023-12-3100049371ns5:ShortLeaseholdAssetsns5:LandBuildings2022-12-3100049371ns5:PlantMachinery2022-12-3100049371ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3100049371ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-31
REGISTERED NUMBER: 00049371 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

BRIERLEY BROTHERS LIMITED

BRIERLEY BROTHERS LIMITED (REGISTERED NUMBER: 00049371)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BRIERLEY BROTHERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: R M Gledhill
J Sykes





REGISTERED OFFICE: Albert Mills
Albert Street
Lockwood
HUDDERSFIELD
HD1 3PZ





REGISTERED NUMBER: 00049371 (England and Wales)





ACCOUNTANTS: Walter Dawson & Son
Chartered Accountants
First Floor Offices, Unit A4
Old Power Way
Lowfields Business Park
Elland
HX5 9DE

BRIERLEY BROTHERS LIMITED (REGISTERED NUMBER: 00049371)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 675,152 522,913
675,152 522,913

CURRENT ASSETS
Stocks 1,349,656 1,038,678
Debtors 6 610,742 908,977
Cash at bank and in hand 1,156 284
1,961,554 1,947,939
CREDITORS
Amounts falling due within one year 7 1,267,678 1,566,679
NET CURRENT ASSETS 693,876 381,260
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,369,028

904,173

CREDITORS
Amounts falling due after more than
one year

8

1,023,729

475,078
NET ASSETS 345,299 429,095

CAPITAL AND RESERVES
Called up share capital 72,108 72,108
Share premium 49,900 49,900
Profit and loss account 223,291 307,087
345,299 429,095

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

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

BRIERLEY BROTHERS LIMITED (REGISTERED NUMBER: 00049371)

BALANCE SHEET - continued
31 DECEMBER 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 August 2024 and were signed on its behalf by:





R M Gledhill - Director


BRIERLEY BROTHERS LIMITED (REGISTERED NUMBER: 00049371)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Brierley Brothers 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.

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

INTANGIBLE ASSETS
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - Over the term of the lease
Plant and machinery - at varying rates on cost

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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 17 (2022 - 17 ) .

BRIERLEY BROTHERS LIMITED (REGISTERED NUMBER: 00049371)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 55,000
AMORTISATION
At 1 January 2023
and 31 December 2023 55,000
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

5. TANGIBLE FIXED ASSETS
Short Plant and
leasehold machinery Totals
£    £    £   
COST
At 1 January 2023 427,031 1,079,072 1,506,103
Additions 107,784 153,894 261,678
Disposals - (8,500 ) (8,500 )
At 31 December 2023 534,815 1,224,466 1,759,281
DEPRECIATION
At 1 January 2023 250,241 732,949 983,190
Charge for year 43,258 63,348 106,606
Eliminated on disposal - (5,667 ) (5,667 )
At 31 December 2023 293,499 790,630 1,084,129
NET BOOK VALUE
At 31 December 2023 241,316 433,836 675,152
At 31 December 2022 176,790 346,123 522,913


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 388,846 652,540
Other debtors 221,896 256,437
610,742 908,977

BRIERLEY BROTHERS LIMITED (REGISTERED NUMBER: 00049371)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 563,229 758,732
Hire purchase contracts 26,614 26,614
Trade creditors 485,680 674,359
Amounts owed to group undertakings 26,908 26,908
Taxation and social security 66,628 11,945
Other creditors 98,619 68,121
1,267,678 1,566,679

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 447,847 316,666
Hire purchase contracts 130,853 157,468
Other creditors 445,029 944
1,023,729 475,078

Amounts falling due in more than five years:

Repayable by instalments
Hire purchase 24,396 51,011

9. PENSION COMMITMENTS

The amount recognised in profit and loss as an expense in relation to defined contribution plans was £28,458 (2022: £18,763). No contributions were owing as at the end of the accounting period.

10. CONTINGENT LIABILITIES

Bank borrowings are secured on all assets of the company.
Hire purchase liabilities are secured on the related assets.

11. OFF-BALANCE SHEET ARRANGEMENTS

At 31 December 2023, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £Nil (2022: £13,537)