Brywel Limited Filleted Accounts Cover
Brywel Limited
Company No. 03669556
Information for Filing with The Registrar
30 November 2023
Brywel Limited Directors Report Registrar
The Directors present their report and the accounts for the year ended 30 November 2023.
Principal activities
The principal activity of the company is that of rental and management of investment properties.
Directors
The Directors who served at any time during the year were as follows:
Daroush Khatiri
Korush Khatiri
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
Korush Khatiri
Director
11 September 2024
Brywel Limited Balance Sheet Registrar
at
30 November 2023
Company No.
03669556
Notes
2023
2022
£
£
Fixed assets
Investment property
4
1,063,3101,063,310
1,063,3101,063,310
Current assets
Cash at bank and in hand
7,27420,151
7,27420,151
Creditors: Amount falling due within one year
5
(179,163)
(164,604)
Net current liabilities
(171,889)
(144,453)
Total assets less current liabilities
891,421918,857
Creditors: Amounts falling due after more than one year
6
(378,030)
(420,938)
Provisions for liabilities
Deferred taxation
(58,000)
(58,000)
Net assets
455,391439,919
Capital and reserves
Called up share capital
100100
Revaluation reserve
7
284,725284,725
Profit and loss account
170,566155,094
Total equity
455,391439,919
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 30 November 2023 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 directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 11 September 2024 and signed on its behalf by:
Korush Khatiri
Director
11 September 2024
Brywel Limited Notes to the Accounts Registrar
for the year ended 30 November 2023
1
General information
Brywel Limited is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 03669556
Its registered office is:
277-279 Chiswick High Road
London
W4 4PU
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2
Accounting policies
Turnover
Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
3
Employees
2023
2022
Number
Number
The average monthly number of employees (including directors) during the year was:
00
4
Investment property
Freehold Investment Property
£
Valuation
At 1 December 2022
1,063,310
At 30 November 2023
1,063,310
Investment properties are shown at valuation.
On a historical cost basis these would have been included at an original cost of £720,585.
5
Creditors:
amounts falling due within one year
2023
2022
£
£
Bank loans and overdrafts
54,18054,180
Taxes and social security
14,334
10,979
Loans from directors
32,41231,492
Other creditors
74,93565,313
Accruals and deferred income
3,3022,640
179,163164,604
6
Creditors:
amounts falling due after more than one year
2023
2022
£
£
Bank loans and overdrafts
378,030420,938
378,030420,938
Creditors includes bank loan which is secured by legal charge over the company's properties.
7
Profit and loss account - includes all current and prior period retained profits and losses.
£
£
At 1 December 2021
At 30 November 2022 and 1 December 2022
At 30 November 2023
Brywel Limited0366955630 November 202301 December 2022false11 September 2024BTCSoftware AP Solution 2024 11.1.0711.1.07true284,725284,725284,725284,725284,725284,725Revaluation reserve - reflects the revaluation of property other than investment properties.036695562022-12-012023-11-30036695562023-11-30036695562022-11-3003669556core:WithinOneYear2023-11-3003669556core:WithinOneYear2022-11-3003669556core:AfterOneYear2023-11-3003669556core:AfterOneYear2022-11-3003669556core:ShareCapital2023-11-3003669556core:ShareCapital2022-11-3003669556core:RevaluationReserve2023-11-3003669556core:RevaluationReserve2022-11-3003669556core:RetainedEarningsAccumulatedLosses2023-11-3003669556core:RetainedEarningsAccumulatedLosses2022-11-3003669556countries:UnitedKingdom2022-12-012023-11-3003669556bus:RegisteredOffice2022-12-012023-11-30036695562021-12-012022-11-3003669556core:FreeholdInvestmentProperty2022-12-0103669556core:FreeholdInvestmentProperty2023-11-3003669556core:RevaluationReserve2021-12-0103669556core:OtherReservesSubtotal2021-12-0103669556core:RevaluationReserve2022-12-0103669556core:OtherReservesSubtotal2022-12-0103669556core:OtherReservesSubtotal2023-11-3003669556core:RevaluationReserve2022-12-012023-11-30036695562022-12-0103669556bus:SmallEntities2022-12-012023-11-3003669556bus:FullAccounts2022-12-012023-11-3003669556bus:AuditExempt-NoAccountantsReport2022-12-012023-11-3003669556bus:Director22022-12-012023-11-3003669556bus:PrivateLimitedCompanyLtd2022-12-012023-11-30iso4217:GBPxbrli:pure