S&S Brown Limited 07431152 false 2023-04-01 2024-03-31 2024-03-31 The principal activity of the company is the provision of urology services Digita Accounts Production Advanced 6.30.9574.0 true true 07431152 2023-04-01 2024-03-31 07431152 2024-03-31 07431152 core:CurrentFinancialInstruments 2024-03-31 07431152 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 07431152 core:FurnitureFittingsToolsEquipment 2024-03-31 07431152 bus:SmallEntities 2023-04-01 2024-03-31 07431152 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 07431152 bus:FullAccounts 2023-04-01 2024-03-31 07431152 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 07431152 bus:RegisteredOffice 2023-04-01 2024-03-31 07431152 bus:Director1 2023-04-01 2024-03-31 07431152 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 07431152 core:FurnitureFittings 2023-04-01 2024-03-31 07431152 core:FurnitureFittingsToolsEquipment 2023-04-01 2024-03-31 07431152 core:OfficeEquipment 2023-04-01 2024-03-31 07431152 countries:EnglandWales 2023-04-01 2024-03-31 07431152 2023-03-31 07431152 core:FurnitureFittingsToolsEquipment 2023-03-31 07431152 2022-04-01 2023-03-31 07431152 2023-03-31 07431152 core:CurrentFinancialInstruments 2023-03-31 07431152 core:CurrentFinancialInstruments core:WithinOneYear 2023-03-31 07431152 core:FurnitureFittingsToolsEquipment 2023-03-31 iso4217:GBP xbrli:pure

Registration number: 07431152

S&S Brown Limited

Unaudited Financial Statements

for the Year Ended 31 March 2024

 

S&S Brown Limited

Contents

Statement of Financial Position

1

Notes to the Unaudited Financial Statements

2 to 5

 

S&S Brown Limited

(Registration number: 07431152)
Statement of Financial Position as at 31 March 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

3,091

2,400

Current assets

 

Debtors

5

284,695

289,774

Cash at bank and in hand

 

182,439

114,151

 

467,134

403,925

Creditors: Amounts falling due within one year

6

(34,107)

(28,510)

Net current assets

 

433,027

375,415

Total assets less current liabilities

 

436,118

377,815

Provisions for liabilities

(801)

-

Net assets

 

435,317

377,815

Capital and reserves

 

Called up share capital

150

150

Retained earnings

435,167

377,665

Shareholders' funds

 

435,317

377,815

For the financial year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Income Statement.

Approved and authorised by the Board on 4 October 2024 and signed on its behalf by:
 

Dr S C W Brown
Director

   
     
 

S&S Brown Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
St George's House
215-219 Chester Road
Manchester
Lancashire
M15 4JE
United Kingdom

These financial statements were authorised for issue by the Board on 4 October 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

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.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

S&S Brown Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures and Fittings

15% Reducing Balance

Office Equipment

33.3% Reducing Balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

 

S&S Brown Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

 

S&S Brown Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 April 2023

27,631

27,631

Additions

2,099

2,099

At 31 March 2024

29,730

29,730

Depreciation

At 1 April 2023

25,231

25,231

Charge for the year

1,408

1,408

At 31 March 2024

26,639

26,639

Carrying amount

At 31 March 2024

3,091

3,091

At 31 March 2023

2,400

2,400

5

Debtors

Current

2024
£

2023
£

Prepayments

1,671

1,319

Other debtors

283,024

288,455

 

284,695

289,774

6

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Taxation and social security

32,125

26,715

Accruals and deferred income

1,323

1,260

Other creditors

659

535

34,107

28,510