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Company Registration No. 5645640 (England and Wales)
S Brown Engineering (Stockport) Limited Unaudited accounts for the year ended 31 January 2024
S Brown Engineering (Stockport) Limited Unaudited accounts Contents
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S Brown Engineering (Stockport) Limited Company Information for the year ended 31 January 2024
Directors
Norman Crowther Lorraine Crowther
Company Number
5645640 (England and Wales)
Registered Office
2 STATHAM COURT STATHAM STREET MACCLESFIELD CHESHIRE SK11 6XN
Accountants
Batesons 2 Statham Court Statham Street Macclesfield Cheshire SK11 6XN
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S Brown Engineering (Stockport) Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
69,677 
96,550 
Current assets
Inventories
4,628 
4,487 
Debtors
145,198 
129,865 
Cash at bank and in hand
458,652 
484,101 
608,478 
618,453 
Creditors: amounts falling due within one year
(177,217)
(163,470)
Net current assets
431,261 
454,983 
Total assets less current liabilities
500,938 
551,533 
Creditors: amounts falling due after more than one year
(19,709)
(40,203)
Provisions for liabilities
Deferred tax
(13,239)
(18,345)
Net assets
467,990 
492,985 
Capital and reserves
Called up share capital
165 
165 
Profit and loss account
467,825 
492,820 
Shareholders' funds
467,990 
492,985 
For the year ending 31 January 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 directors acknowledge their 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 of Directors and authorised for issue on 13 August 2024 and were signed on its behalf by
Norman Crowther Director Company Registration No. 5645640
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S Brown Engineering (Stockport) Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
S Brown Engineering (Stockport) Limited is a private company, limited by shares, registered in England and Wales, registration number 5645640. The registered office is 2 STATHAM COURT, STATHAM STREET, MACCLESFIELD, CHESHIRE, SK11 6XN.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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 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:
Plant & machinery
20% straight line basis
Motor vehicles
25% reducing balance basis
Fixtures & fittings
20% straight line basis
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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S Brown Engineering (Stockport) Limited Notes to the Accounts for the year ended 31 January 2024
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Pension costs
The company operates a defined contribution scheme for the beenefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2023
192,510 
94,000 
26,660 
313,170 
Additions
3,757 
- 
- 
3,757 
At 31 January 2024
196,267 
94,000 
26,660 
316,927 
Depreciation
At 1 February 2023
159,078 
37,872 
19,670 
216,620 
Charge for the year
16,309 
11,226 
3,095 
30,630 
At 31 January 2024
175,387 
49,098 
22,765 
247,250 
Net book value
At 31 January 2024
20,880 
44,902 
3,895 
69,677 
At 31 January 2023
33,432 
56,128 
6,990 
96,550 
2024 
2023 
Carrying values included above held under finance leases and hire purchase contracts:
£ 
£ 
- Plant & machinery
- 
23,887 
5
Inventories
2024 
2023 
£ 
£ 
Raw materials
4,628 
4,487 
4,628 
4,487 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
135,022 
120,201 
Accrued income and prepayments
7,951 
7,091 
Other debtors
2,225 
2,573 
145,198 
129,865 
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S Brown Engineering (Stockport) Limited Notes to the Accounts for the year ended 31 January 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
9,735 
9,497 
VAT
40,620 
32,393 
Obligations under finance leases and hire purchase contracts
8,811 
7,971 
Trade creditors
64,176 
54,191 
Taxes and social security
42,510 
51,471 
Other creditors
2,859 
512 
Accruals
8,506 
7,435 
177,217 
163,470 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
13,364 
23,098 
Obligations under finance leases and hire purchase contracts
6,340 
15,151 
Loans from directors
5 
1,954 
19,709 
40,203 
9
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
13,239 
18,345 
2024 
2023 
£ 
£ 
Provision at start of year
18,345 
17,178 
(Credited)/charged to the profit and loss account
(5,106)
1,167 
Provision at end of year
13,239 
18,345 
10
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
165 Ordinary shares of £1 each
165 
165 
11
Average number of employees
During the year the average number of employees was 9 (2023: 7).
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