Company Registration No. SC367912 (Scotland)
Bryson Brown Holdings Ltd.
Unaudited accounts
for the year ended 31 March 2024
Bryson Brown Holdings Ltd.
Unaudited accounts
Contents
Bryson Brown Holdings Ltd.
Company Information
for the year ended 31 March 2024
Director
Allan Bryson Brown
Company Number
SC367912 (Scotland)
Registered Office
650 Stirling Road
Cumbernauld
Glasgow
G67 4AB
United Kingdom
Accountants
TW Accounting Services LTD
650 Stirling Road
Luggiebank
Cumbernauld
G67 4AB
Bryson Brown Holdings Ltd.
Statement of financial position
as at 31 March 2024
Investment property
390,000
357,341
Cash at bank and in hand
7,507
4,318
Creditors: amounts falling due within one year
(73,546)
(82,215)
Net current liabilities
(65,423)
(76,297)
Total assets less current liabilities
324,577
281,044
Creditors: amounts falling due after more than one year
(155,043)
(155,043)
Provisions for liabilities
Deferred tax
(13,929)
(7,724)
Net assets
155,605
118,277
Called up share capital
100
100
Profit and loss account
155,505
118,177
Shareholders' funds
155,605
118,277
For the 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. 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 22 November 2024 and were signed on its behalf by
Allan Bryson Brown
Director
Company Registration No. SC367912
Bryson Brown Holdings Ltd.
Notes to the Accounts
for the year ended 31 March 2024
Bryson Brown Holdings Ltd. is a private company, limited by shares, registered in Scotland, registration number SC367912. The registered office is 650 Stirling Road, Cumbernauld, Glasgow, G67 4AB, United Kingdom.
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.
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
Fair value at 1 April 2023
357,341
Net gain from fair value adjustments
32,659
Properties have been revalued on 18/11/2024 by John Rafferty MSc BA MNAEA FARLA of Kelvin Valley Properties.
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
2,551
1,319
Loans from directors
70,496
79,799
Bryson Brown Holdings Ltd.
Notes to the Accounts
for the year ended 31 March 2024
7
Creditors: amounts falling due after more than one year
2024
2023
Bank loans
155,043
155,043
Aggregate of amounts that fall due for payment after five years
-
155,043
8
Deferred taxation
2024
2023
Revaluation of investment property
13,929
7,724
Provision at start of year
7,724
7,724
Charged to the profit and loss account
6,205
-
Provision at end of year
13,929
7,724
Director - Allan Brown has advanced ÃÂã70,494 which is not accruing interest
10
Average number of employees
During the year the average number of employees was 0 (2023: 0).