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REGISTERED NUMBER: 00664262 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Denis Brown and Son (Nailsworth) Limited

Denis Brown and Son (Nailsworth) Limited (Registered number: 00664262)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Denis Brown and Son (Nailsworth) Limited

Company Information
for the Year Ended 30 June 2024







DIRECTORS: P D Brown
Mrs A Brown
E Brown





SECRETARY: Mrs A Brown





REGISTERED OFFICE: Broadmead
Woodchester
Stroud
Gloucestershire
GL5 5EG





REGISTERED NUMBER: 00664262 (England and Wales)






Denis Brown and Son (Nailsworth) Limited (Registered number: 00664262)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 114,290 123,793

CURRENT ASSETS
Stocks 138,683 155,688
Debtors 5 40,558 35,177
Cash at bank and in hand 594,012 507,622
773,253 698,487
CREDITORS
Amounts falling due within one year 6 190,995 177,026
NET CURRENT ASSETS 582,258 521,461
TOTAL ASSETS LESS CURRENT
LIABILITIES

696,548

645,254

PROVISIONS FOR LIABILITIES 18,226 16,802
NET ASSETS 678,322 628,452

CAPITAL AND RESERVES
Called up share capital 7 2,000 2,000
Retained earnings 676,322 626,452
SHAREHOLDERS' FUNDS 678,322 628,452

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

Denis Brown and Son (Nailsworth) Limited (Registered number: 00664262)

Balance Sheet - continued
30 June 2024


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 11 October 2024 and were signed on its behalf by:





P D Brown - Director


Denis Brown and Son (Nailsworth) Limited (Registered number: 00664262)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

Denis Brown and Son (Nailsworth) 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - in accordance with the property
Plant and machinery - 10% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

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 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.


Denis Brown and Son (Nailsworth) Limited (Registered number: 00664262)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued
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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 July 2023 75,301 251,819 21,514 72,115 420,749
Additions 624 - 925 - 1,549
Disposals - - (1,160 ) - (1,160 )
At 30 June 2024 75,925 251,819 21,279 72,115 421,138
DEPRECIATION
At 1 July 2023 26,199 190,267 18,191 62,299 296,956
Charge for year 1,519 6,155 851 2,455 10,980
Eliminated on disposal - - (1,088 ) - (1,088 )
At 30 June 2024 27,718 196,422 17,954 64,754 306,848
NET BOOK VALUE
At 30 June 2024 48,207 55,397 3,325 7,361 114,290
At 30 June 2023 49,102 61,552 3,323 9,816 123,793

Denis Brown and Son (Nailsworth) Limited (Registered number: 00664262)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 31,700 26,045
Prepayments 8,858 9,132
40,558 35,177

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 54,854 57,458
Taxation and social security 57,736 38,073
Other creditors 78,405 81,495
190,995 177,026

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.24 30.6.23
value: £    £   
2,000 Ordinary £1 2,000 2,000

8. ULTIMATE CONTROLLING PARTY

The controlling parties are PD Brown and Mrs AM Brown