Company Registration No. 10628177 (England and Wales)
Brooks & Gill Limited
Unaudited accounts
for the year ended 29 February 2024
Brooks & Gill Limited
Unaudited accounts
Contents
Brooks & Gill Limited
Company Information
for the year ended 29 February 2024
Company Number
10628177 (England and Wales)
Registered Office
Valley View
Station Road
Rotherfield
Crowborough
East Sussex
TN6 3HR
England
Brooks & Gill Limited
Statement of financial position
as at 29 February 2024
Tangible assets
11,458
6,643
Cash at bank and in hand
18,285
73,289
Creditors: amounts falling due within one year
(30,788)
(54,757)
Net current assets
21,178
18,532
Called up share capital
100
100
Profit and loss account
32,536
25,075
Shareholders' funds
32,636
25,175
For the year ending 29 February 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 director acknowledges his 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 and authorised for issue on 7 November 2024 and were signed on its behalf by
Ben Brooks
Director
Company Registration No. 10628177
Brooks & Gill Limited
Notes to the Accounts
for the year ended 29 February 2024
Brooks & Gill Limited is a private company, limited by shares, registered in England and Wales, registration number 10628177. The registered office is Valley View, Station Road, Rotherfield, Crowborough, East Sussex, TN6 3HR, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Motor vehicles
20% Reducing Balance
Fixtures & fittings
18% Reducing Balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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.
Brooks & Gill Limited
Notes to the Accounts
for the year ended 29 February 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 March 2023
6,481
6,098
12,579
At 29 February 2024
6,481
13,699
20,180
At 1 March 2023
3,325
2,611
5,936
Charge for the year
568
2,218
2,786
At 29 February 2024
3,893
4,829
8,722
At 29 February 2024
2,588
8,870
11,458
At 28 February 2023
3,156
3,487
6,643
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
11,115
18,296
Taxes and social security
19,163
10,356
Loans from directors
60
23,365
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).