1 false false false false false false false false false false true false false false false false false No description of principal activity 2023-02-01 Sage Accounts Production Advanced 2023 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 08383826 2023-02-01 2024-01-31 08383826 2024-01-31 08383826 2023-01-31 08383826 2022-02-01 2023-01-31 08383826 2023-01-31 08383826 2022-01-31 08383826 core:PlantMachinery 2023-02-01 2024-01-31 08383826 core:MotorVehicles 2023-02-01 2024-01-31 08383826 bus:LeadAgentIfApplicable 2023-02-01 2024-01-31 08383826 bus:Director1 2023-02-01 2024-01-31 08383826 core:PlantMachinery 2023-01-31 08383826 core:MotorVehicles 2023-01-31 08383826 core:PlantMachinery 2024-01-31 08383826 core:WithinOneYear 2024-01-31 08383826 core:WithinOneYear 2023-01-31 08383826 core:ShareCapital 2024-01-31 08383826 core:ShareCapital 2023-01-31 08383826 core:RetainedEarningsAccumulatedLosses 2024-01-31 08383826 core:RetainedEarningsAccumulatedLosses 2023-01-31 08383826 core:PlantMachinery 2023-01-31 08383826 core:MotorVehicles 2023-01-31 08383826 bus:SmallEntities 2023-02-01 2024-01-31 08383826 bus:AuditExemptWithAccountantsReport 2023-02-01 2024-01-31 08383826 bus:SmallCompaniesRegimeForAccounts 2023-02-01 2024-01-31 08383826 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 08383826 bus:FullAccounts 2023-02-01 2024-01-31
COMPANY REGISTRATION NUMBER: 08383826
H Brown Enterprises Limited
Filleted Unaudited Financial Statements
31 January 2024
H Brown Enterprises Limited
Financial Statements
Year ended 31 January 2024
Contents
Page
Accountants report to the director on the preparation of the unaudited statutory financial statements
1
Statement of financial position
2
Notes to the financial statements
4
H Brown Enterprises Limited
Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of H Brown Enterprises Limited
Year ended 31 January 2024
As described on the statement of financial position, the director of the company is responsible for the preparation of the financial statements for the year ended 31 January 2024, which comprise the statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
BURLINSON SHAW & CO Accountants
21 Henrietta Street Batley West Yorkshire WF17 5DN
28 October 2024
H Brown Enterprises Limited
Statement of Financial Position
31 January 2024
2024
2023
Note
£
£
£
Fixed assets
Tangible assets
5
137,530
152,499
Current assets
Debtors
6
12,659
12,836
Creditors: amounts falling due within one year
7
237,782
269,895
---------
---------
Net current liabilities
225,123
257,059
---------
---------
Total assets less current liabilities
( 87,593)
( 104,560)
--------
---------
Net liabilities
( 87,593)
( 104,560)
--------
---------
H Brown Enterprises Limited
Statement of Financial Position (continued)
31 January 2024
2024
2023
Note
£
£
£
Capital and reserves
Called up share capital
1
1
Profit and loss account
( 87,594)
( 104,561)
--------
---------
Shareholder deficit
( 87,593)
( 104,560)
--------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
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.
Director's responsibilities:
- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 28 October 2024 , and are signed on behalf of the board by:
H Brown
Director
Company registration number: 08383826
H Brown Enterprises Limited
Notes to the Financial Statements
Year ended 31 January 2024
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Windy Gap Barn, Green Balk Lane, Little Lepton, Huddersfield, HD8 0EW, United Kingdom.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant & machinery
-
20% straight line
Motor vehicles
-
25% reducing balance
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2023: 1 ).
5. Tangible assets
Plant and machinery
Motor vehicles
Total
£
£
£
Cost
At 1 February 2023
281,661
9,900
291,561
Additions
1,791
1,791
Disposals
( 9,900)
( 9,900)
---------
-------
---------
At 31 January 2024
283,452
283,452
---------
-------
---------
Depreciation
At 1 February 2023
130,153
8,909
139,062
Charge for the year
15,769
15,769
Transfers
(8,909)
(8,909)
---------
-------
---------
At 31 January 2024
145,922
145,922
---------
-------
---------
Carrying amount
At 31 January 2024
137,530
137,530
---------
-------
---------
At 31 January 2023
151,508
991
152,499
---------
-------
---------
6. Debtors
2024
2023
£
£
Trade debtors
11,231
11,598
Other debtors
1,428
1,238
--------
--------
12,659
12,836
--------
--------
7. Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
8,379
9,887
Trade creditors
25
Social security and other taxes
778
372
Other creditors
228,600
259,636
---------
---------
237,782
269,895
---------
---------
8. Going concern
The company is dependent upon the continued support of the director, Mr Brown, who has indicated he is prepared to continue to give that support.