Company Registration No. 09543043 (England and Wales)
Brown Rice Holdings Ltd
Unaudited accounts
for the year ended 31 March 2024
Brown Rice Holdings Ltd
Unaudited accounts
Contents
Brown Rice Holdings Ltd
Company Information
for the year ended 31 March 2024
Company Number
09543043 (England and Wales)
Brown Rice Holdings Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
155,460
156,160
Investments
1,240,000
1,240,000
Cash at bank and in hand
284
492
Creditors: amounts falling due within one year
(301,139)
(264,804)
Net current liabilities
(300,855)
(264,312)
Total assets less current liabilities
1,094,605
1,131,848
Creditors: amounts falling due after more than one year
(367,666)
(413,451)
Net assets
726,939
718,397
Called up share capital
200
200
Revaluation reserve
622,268
622,268
Profit and loss account
104,471
95,929
Shareholders' funds
726,939
718,397
For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 24 August 2024 and were signed on its behalf by
Paul Brown
Director
Company Registration No. 09543043
Brown Rice Holdings Ltd
Notes to the Accounts
for the year ended 31 March 2024
Brown Rice Holdings Ltd is a private company, limited by shares, registered in England and Wales, registration number 09543043.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
.05% -Straight line basis
4
Tangible fixed assets
Land & buildings
5
Investments
Subsidiary undertakings
Valuation at 1 April 2023
1,240,000
Valuation at 31 March 2024
1,240,000
The investment in J E Thorpe and Associates was revalued professionally and Independently on the 9th July 2019 at £1,240,000.
Previously the investment was valued at £617,732
Brown Rice Holdings Ltd
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
69,721
69,106
Amounts owed to group undertakings and other participating interests
228,550
192,420
Taxes and social security
2,168
2,278
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
367,666
413,451
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).