BROWN ELM LIMITED

Company Registration Number:
11883592 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

BROWN ELM LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

BROWN ELM LIMITED

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 5,988,744 4,102,391
Cost of sales: ( 4,215,589 ) ( 2,894,192 )
Gross profit(or loss): 1,773,155 1,208,199
Distribution costs: ( 132,541 ) ( 89,963 )
Administrative expenses: ( 543,985 ) ( 401,142 )
Operating profit(or loss): 1,096,629 717,094
Profit(or loss) before tax: 1,096,629 717,094
Tax: ( 274,157 ) ( 114,735 )
Profit(or loss) for the financial year: 822,472 602,359

BROWN ELM LIMITED

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 822,359 649,109
Total fixed assets: 822,359 649,109
Current assets
Stocks: 4 1,104,374 387,721
Debtors: 5 754,125 562,530
Cash at bank and in hand: 298,115 351,102
Total current assets: 2,156,614 1,301,353
Creditors: amounts falling due within one year: 6 ( 422,198 ) ( 216,159 )
Net current assets (liabilities): 1,734,416 1,085,194
Total assets less current liabilities: 2,556,775 1,734,303
Total net assets (liabilities): 2,556,775 1,734,303
Capital and reserves
Called up share capital: 119,000 119,000
Profit and loss account: 2,437,775 1,615,303
Total Shareholders' funds: 2,556,775 1,734,303

The notes form part of these financial statements

BROWN ELM LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 29 November 2024
and signed on behalf of the board by:

Name: Suzanne Kates
Status: Director

The notes form part of these financial statements

BROWN ELM LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

BROWN ELM LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 17 14

BROWN ELM LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 370,000 74,220 55,982 68,261 224,915 793,378
Additions 11,258 21,666 99,435 163,201 295,560
Disposals
Revaluations
Transfers
At 31 March 2024 370,000 85,478 77,648 167,696 388,116 1,088,938
Depreciation
At 1 April 2023 15,861 16,525 46,191 65,692 144,269
Charge for year 12,821 11,647 22,350 75,492 122,310
On disposals
Other adjustments
At 31 March 2024 28,682 28,172 68,541 141,184 266,579
Net book value
At 31 March 2024 370,000 56,796 49,476 99,155 246,932 822,359
At 31 March 2023 370,000 58,359 39,457 22,070 159,223 649,109

BROWN ELM LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Stocks

2024 2023
£ £
Stocks 1,104,374 387,721
Total 1,104,374 387,721

BROWN ELM LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Debtors

2024 2023
£ £
Trade debtors 754,125 562,530
Total 754,125 562,530

BROWN ELM LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 95,899 101,424
Taxation and social security 326,299 114,735
Total 422,198 216,159