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REGISTERED NUMBER: 07077768 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Brodie And Sons Limited

Brodie And Sons Limited (Registered number: 07077768)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Brodie And Sons Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mrs H C Brodie
P R Brodie
E Brodie
W Brodie





REGISTERED OFFICE: Heath House Blackheath Lane
Blackheath
Guildford
Surrey
GU4 8RB





REGISTERED NUMBER: 07077768 (England and Wales)





ACCOUNTANTS: Ampersand Partnership Limited
Chancery House
41a Hanger Hill
Weybridge
Surrey
KT13 9XZ

Brodie And Sons Limited (Registered number: 07077768)

Abridged Balance Sheet
31 December 2023

31.12.23 31.12.22
£    £   
CURRENT ASSETS
Debtors 24,810 11,968
Cash at bank - 29,667
24,810 41,635
CREDITORS
Amounts falling due within one year 6,972 15,285
NET CURRENT ASSETS 17,838 26,350
TOTAL ASSETS LESS CURRENT LIABILITIES 17,838 26,350

CREDITORS
Amounts falling due after more than one
year

37,560

41,442
NET LIABILITIES (19,722 ) (15,092 )

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings (20,722 ) (16,092 )
SHAREHOLDERS' FUNDS (19,722 ) (15,092 )

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.

Brodie And Sons Limited (Registered number: 07077768)

Abridged 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 25 September 2024 and were signed on its behalf by:





P R Brodie - Director


Brodie And Sons Limited (Registered number: 07077768)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Brodie And Sons 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.

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.

At the balance sheet date the company had net liabilities of £19,722 (2022: £15,092). The financial statements have been prepared on the going concern basis which assumes that the company will continue as a going concern for the foreseeable future. The validity of this assumption depends on the continuing support of the company creditors to provide adequate financial support and by not seeking repayment of amounts owed to them. The directors have no reason to believe this support is not forthcoming and accordingly believe it appropriate to prepare the financial statements on the going concern basis.

Turnover
Turnover comprises revenue recognised by the Company in respect of the sale of properties developed by the Company, and is recognised upon exchange for sale of the relevant site, exclusive of value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation
Taxation for the year 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 year 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.

Other income
Other Income comprises revenue recognised by the company in respect of rental income, exclusive of Value Added Tax. Rental income is received one month in advance and is recognised over the period accrued.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 4 ) .

Brodie And Sons Limited (Registered number: 07077768)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. RELATED PARTY DISCLOSURES

Entities under common control

During the year the company entered into transactions with entities under common control:
- Sales of £nil (2022: £48,000)
- Management charges of £nil (2022: £25,205 refunded)
- Interest of £nil (2022: £62,432 refunded)

At the year end £20,044 (2022: £11,176) was owed to the company by entities under common control.