2023-01-012023-12-312023-12-31false03355064THE BRIARS GROUP LIMITED2024-09-2669201iso4217:GBPxbrli:pure033550642023-01-01033550642023-12-31033550642023-01-012023-12-31033550642022-01-01033550642022-12-31033550642022-01-012022-12-3103355064bus:SmallEntities2023-01-012023-12-3103355064bus:AuditExempt-NoAccountantsReport2023-01-012023-12-3103355064bus:FullAccounts2023-01-012023-12-3103355064bus:PrivateLimitedCompanyLtd2023-01-012023-12-3103355064core:WithinOneYear2023-12-3103355064core:AfterOneYear2023-12-3103355064core:WithinOneYear2022-12-3103355064core:AfterOneYear2022-12-3103355064core:ShareCapital2023-12-3103355064core:SharePremium2023-12-3103355064core:RevaluationReserve2023-12-3103355064core:OtherReservesSubtotal2023-12-3103355064core:RetainedEarningsAccumulatedLosses2023-12-3103355064core:ShareCapital2022-12-3103355064core:SharePremium2022-12-3103355064core:RevaluationReserve2022-12-3103355064core:OtherReservesSubtotal2022-12-3103355064core:RetainedEarningsAccumulatedLosses2022-12-3103355064core:LandBuildings2023-12-3103355064core:PlantMachinery2023-12-3103355064core:Vehicles2023-12-3103355064core:FurnitureFittings2023-12-3103355064core:OfficeEquipment2023-12-3103355064core:NetGoodwill2023-12-3103355064core:IntangibleAssetsOtherThanGoodwill2023-12-3103355064core:ListedExchangeTraded2023-12-3103355064core:UnlistedNon-exchangeTraded2023-12-3103355064core:LandBuildings2022-12-3103355064core:PlantMachinery2022-12-3103355064core:Vehicles2022-12-3103355064core:FurnitureFittings2022-12-3103355064core:OfficeEquipment2022-12-3103355064core:NetGoodwill2022-12-3103355064core:IntangibleAssetsOtherThanGoodwill2022-12-3103355064core:ListedExchangeTraded2022-12-3103355064core:UnlistedNon-exchangeTraded2022-12-3103355064core:LandBuildings2023-01-012023-12-3103355064core:PlantMachinery2023-01-012023-12-3103355064core:Vehicles2023-01-012023-12-3103355064core:FurnitureFittings2023-01-012023-12-3103355064core:OfficeEquipment2023-01-012023-12-3103355064core:NetGoodwill2023-01-012023-12-3103355064core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3103355064core:ListedExchangeTraded2023-01-012023-12-3103355064core:UnlistedNon-exchangeTraded2023-01-012023-12-3103355064core:MoreThanFiveYears2023-01-012023-12-3103355064core:Non-currentFinancialInstruments2023-12-3103355064core:Non-currentFinancialInstruments2022-12-3103355064dpl:CostSales2023-01-012023-12-3103355064dpl:DistributionCosts2023-01-012023-12-3103355064core:LandBuildings2023-01-012023-12-3103355064core:PlantMachinery2023-01-012023-12-3103355064core:Vehicles2023-01-012023-12-3103355064core:FurnitureFittings2023-01-012023-12-3103355064core:OfficeEquipment2023-01-012023-12-3103355064dpl:AdministrativeExpenses2023-01-012023-12-3103355064core:NetGoodwill2023-01-012023-12-3103355064core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3103355064dpl:GroupUndertakings2023-01-012023-12-3103355064dpl:ParticipatingInterests2023-01-012023-12-3103355064dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-012023-12-3103355064core:ListedExchangeTraded2023-01-012023-12-3103355064dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-012023-12-3103355064core:UnlistedNon-exchangeTraded2023-01-012023-12-3103355064dpl:CostSales2022-01-012022-12-3103355064dpl:DistributionCosts2022-01-012022-12-3103355064core:LandBuildings2022-01-012022-12-3103355064core:PlantMachinery2022-01-012022-12-3103355064core:Vehicles2022-01-012022-12-3103355064core:FurnitureFittings2022-01-012022-12-3103355064core:OfficeEquipment2022-01-012022-12-3103355064dpl:AdministrativeExpenses2022-01-012022-12-3103355064core:NetGoodwill2022-01-012022-12-3103355064core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-3103355064dpl:GroupUndertakings2022-01-012022-12-3103355064dpl:ParticipatingInterests2022-01-012022-12-3103355064dpl:GroupUndertakingscore:ListedExchangeTraded2022-01-012022-12-3103355064core:ListedExchangeTraded2022-01-012022-12-3103355064dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-01-012022-12-3103355064core:UnlistedNon-exchangeTraded2022-01-012022-12-3103355064core:NetGoodwill2023-12-3103355064core:IntangibleAssetsOtherThanGoodwill2023-12-3103355064core:LandBuildings2023-12-3103355064core:PlantMachinery2023-12-3103355064core:Vehicles2023-12-3103355064core:FurnitureFittings2023-12-3103355064core:OfficeEquipment2023-12-3103355064core:AfterOneYear2023-12-3103355064core:WithinOneYear2023-12-3103355064core:ListedExchangeTraded2023-12-3103355064core:UnlistedNon-exchangeTraded2023-12-3103355064core:ShareCapital2023-12-3103355064core:SharePremium2023-12-3103355064core:RevaluationReserve2023-12-3103355064core:OtherReservesSubtotal2023-12-3103355064core:RetainedEarningsAccumulatedLosses2023-12-3103355064core:NetGoodwill2022-12-3103355064core:IntangibleAssetsOtherThanGoodwill2022-12-3103355064core:LandBuildings2022-12-3103355064core:PlantMachinery2022-12-3103355064core:Vehicles2022-12-3103355064core:FurnitureFittings2022-12-3103355064core:OfficeEquipment2022-12-3103355064core:AfterOneYear2022-12-3103355064core:WithinOneYear2022-12-3103355064core:Liste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THE BRIARS GROUP LIMITED

Registered Number
03355064
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2023

THE BRIARS GROUP LIMITED
Company Information
for the year from 1 January 2023 to 31 December 2023

Directors

BIGNELL, Gemma Anne
FAHEY, Andrew Mark
HAZELL-SMITH, William George
SEGAL, Joshua Michael Simon
MORNINGTON PARTNERS LIMITED

Registered Address

Oak House
Tanshire Park, Shackleford Road
Elstead
GU8 6LB

Registered Number

03355064 (England and Wales)
THE BRIARS GROUP LIMITED
Balance Sheet as at
31 December 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Intangible assets3249,139188,944
Tangible assets439,29437,269
288,433226,213
Current assets
Stocks576,76553,715
Debtors689,065596,031
Cash at bank and on hand533,132240,021
1,298,962889,767
Creditors amounts falling due within one year6(885,250)(874,748)
Net current assets (liabilities)413,71215,019
Total assets less current liabilities702,145241,232
Net assets702,145241,232
Capital and reserves
Called up share capital478478
Share premium814,439814,439
Profit and loss account(112,772)(573,685)
Shareholders' funds702,145241,232
The financial statements were approved and authorised for issue by the Board of Directors on 26 September 2024, and are signed on its behalf by:
BIGNELL, Gemma Anne
Director
Registered Company No. 03355064
THE BRIARS GROUP LIMITED
Notes to the Financial Statements
for the year ended 31 December 2023

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Intangible assets
Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Straight line (years)
Plant and machinery4
Fixtures and fittings5
Office Equipment5
Stocks and work in progress
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.
2.Average number of employees

20232022
Average number of employees during the year2925
3.Intangible assets

Other

Total

££
Cost or valuation
At 01 January 23188,944188,944
Additions60,92560,925
At 31 December 23249,869249,869
Amortisation and impairment
Charge for year730730
At 31 December 23730730
Net book value
At 31 December 23249,139249,139
At 31 December 22188,944188,944
4.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 January 23209,298209,298
Additions16,83016,830
At 31 December 23226,128226,128
Depreciation and impairment
At 01 January 23172,029172,029
Charge for year14,80514,805
At 31 December 23186,834186,834
Net book value
At 31 December 2339,29439,294
At 31 December 2237,26937,269
5.Stocks

2023

2022

££
Work in progress76,76553,715
Total76,76553,715
6.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables271,895236,701
Bank borrowings and overdrafts1,482-
Taxation and social security74,65287,610
Other creditors51,39243,020
Accrued liabilities and deferred income485,829507,417
Total885,250874,748