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Company Registration No. 05206928 (England and Wales)
Brennan Knight Ltd Unaudited accounts for the year ended 31 August 2024
Brennan Knight Ltd Unaudited accounts Contents
Page
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Brennan Knight Ltd Company Information for the year ended 31 August 2024
Director
Mr PM Brennan
Secretary
Mrs CJ Brennan
Company Number
05206928 (England and Wales)
Registered Office
Hideaway House Waterloo Street Leamington Spa Warwickshire CV31 1JU
Accountants
Aspens & Co Ltd 29 Highcroft Crescent Leamington Spa Warwickshire CV32 6BN
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Brennan Knight Ltd for the year ended 31 August 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Brennan Knight Ltd for the year ended 31 August 2024 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of Brennan Knight Ltd, as a body, in accordance with the terms of our engagement letter dated 27 January 2021. Our work has been undertaken solely to prepare for your approval the accounts of Brennan Knight Ltd and state those matters that we have agreed to state to the Board of Directors of Brennan Knight Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Brennan Knight Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Brennan Knight Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Brennan Knight Ltd. You consider that Brennan Knight Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Brennan Knight Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Aspens & Co Ltd Chartered Certified Accountants 29 Highcroft Crescent Leamington Spa Warwickshire CV32 6BN 17 January 2025
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Brennan Knight Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
200 
398 
Current assets
Debtors
44,472 
116,343 
Cash at bank and in hand
179,467 
152,617 
223,939 
268,960 
Creditors: amounts falling due within one year
(193,621)
(249,170)
Net current assets
30,318 
19,790 
Net assets
30,518 
20,188 
Capital and reserves
Called up share capital
15 
15 
Profit and loss account
30,503 
20,173 
Shareholders' funds
30,518 
20,188 
For the year ending 31 August 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 17 January 2025 and were signed on its behalf by
Mr PM Brennan Director Company Registration No. 05206928
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Brennan Knight Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Brennan Knight Ltd is a private company, limited by shares, registered in England and Wales, registration number 05206928. The registered office is Hideaway House, Waterloo Street, Leamington Spa, Warwickshire, CV31 1JU.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Computer equipment
33.30% Straight Line
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 September 2023
2,315 
999 
3,314 
At 31 August 2024
2,315 
999 
3,314 
Depreciation
At 1 September 2023
1,917 
999 
2,916 
Charge for the year
198 
- 
198 
At 31 August 2024
2,115 
999 
3,114 
Net book value
At 31 August 2024
200 
- 
200 
At 31 August 2023
398 
- 
398 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
8,580 
70,768 
Accrued income and prepayments
35,892 
45,575 
44,472 
116,343 
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Brennan Knight Ltd Notes to the Accounts for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
8,113 
13,365 
Trade creditors
1,200 
- 
Taxes and social security
3,461 
11,971 
Other creditors
8,680 
8,680 
Loans from directors
169,467 
211,264 
Accruals
2,700 
3,890 
193,621 
249,170 
7
Transactions with related parties
The company paid interest of £10,814 (2023: £12,115) to the director Mr PM Brennan and shareholder Mrs CJ Brennan.
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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