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REGISTERED NUMBER: 14620927 (England and Wales)















Unaudited Financial Statements

for the Period 1 March 2023 to 31 March 2024

for

Brownbrook Holsteins Ltd

Brownbrook Holsteins Ltd (Registered number: 14620927)






Contents of the Financial Statements
for the Period 1 March 2023 to 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Brownbrook Holsteins Ltd

Company Information
for the Period 1 March 2023 to 31 March 2024







DIRECTORS: Mr J G Brown
Mrs M A Brown
Mr T G Brown





REGISTERED OFFICE: Hill Farm
Chester Road
Llong
Mold
Flintshire
CH7 4JP





REGISTERED NUMBER: 14620927 (England and Wales)





ACCOUNTANTS: Benson Accountants
Wiza House
Station Road
Wigton
Cumbria
CA7 9BA

Brownbrook Holsteins Ltd (Registered number: 14620927)

Balance Sheet
31 March 2024

Notes £   
CURRENT ASSETS
Stocks 4 453,165
Debtors 5 48,058
Cash at bank 2,960
504,183
CREDITORS
Amounts falling due within one year 6 514,162
NET CURRENT LIABILITIES (9,979 )
TOTAL ASSETS LESS CURRENT LIABILITIES (9,979 )

CAPITAL AND RESERVES
Called up share capital 300
Retained earnings (10,279 )
(9,979 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2024 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.

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 27 June 2024 and were signed on its behalf by:




Mr J G Brown - Director Mrs M A Brown - Director



Mr T G Brown - Director


Brownbrook Holsteins Ltd (Registered number: 14620927)

Notes to the Financial Statements
for the Period 1 March 2023 to 31 March 2024

1. STATUTORY INFORMATION

Brownbrook Holsteins Ltd 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.

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.

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 period 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 period 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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

4. STOCKS
£   
Stocks 453,165

Brownbrook Holsteins Ltd (Registered number: 14620927)

Notes to the Financial Statements - continued
for the Period 1 March 2023 to 31 March 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 43,230
Other debtors 4,828
48,058

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 31,500
Other creditors 482,662
514,162

7. RELATED PARTY DISCLOSURES

The directors of the company are also partners in a farming partnership, JG & MA Brown & Son.

At the balance sheet date the company owed the partnership £480,162, which is reflected in other creditors. This loan is unsecured, interest free and repayable on demand.