2023-07-012024-06-302024-06-30falseSC424630A G BROWN FABRICATIONS LIMITED2025-02-0333110falseiso4217:GBPxbrli:pureSC4246302023-07-01SC4246302024-06-30SC4246302023-07-012024-06-30SC4246302022-07-01SC4246302023-06-30SC4246302022-07-012023-06-30SC424630bus:SmallEntities2023-07-012024-06-30SC424630bus:AuditExempt-NoAccountantsReport2023-07-012024-06-30SC424630bus:FullAccounts2023-07-012024-06-30SC424630bus:PrivateLimitedCompanyLtd2023-07-012024-06-30SC424630core:WithinOneYear2024-06-30SC424630core:AfterOneYear2024-06-30SC424630core:WithinOneYear2023-06-30SC424630core:AfterOneYear2023-06-30SC424630core:ShareCapital2024-06-30SC424630core:SharePremium2024-06-30SC424630core:RevaluationReserve2024-06-30SC424630core:OtherReservesSubtotal2024-06-30SC424630core:RetainedEarningsAccumulatedLosses2024-06-30SC424630core:ShareCapital2023-06-30SC424630core:SharePremium2023-06-30SC424630core:RevaluationReserve2023-06-30SC424630core:OtherReservesSubtotal2023-06-30SC424630core:RetainedEarningsAccumulatedLosses2023-06-30SC424630core:LandBuildings2024-06-30SC424630core:PlantMachinery2024-06-30SC424630core:Vehicles2024-06-30SC424630core:FurnitureFittings2024-06-30SC424630core:OfficeEquipment2024-06-30SC424630core:NetGoodwill2024-06-30SC424630core:IntangibleAssetsOtherThanGoodwill2024-06-30SC424630core:ListedExchangeTraded2024-06-30SC424630core:UnlistedNon-exchangeTraded2024-06-30SC424630core:LandBuildings2023-06-30SC424630core:PlantMachinery2023-06-30SC424630core:Vehicles2023-06-30SC424630core:FurnitureFittings2023-06-30SC424630core:OfficeEquipment2023-06-30SC424630core:NetGoodwill2023-06-30SC424630core:IntangibleAssetsOtherThanGoodwill2023-06-30SC424630core:ListedExchangeTraded2023-06-30SC424630core:UnlistedNon-exchangeTraded2023-06-30SC424630core:LandBuildings2023-07-012024-06-30SC424630core:PlantMachinery2023-07-012024-06-30SC424630core:Vehicles2023-07-012024-06-30SC424630core:FurnitureFittings2023-07-012024-06-30SC424630core:OfficeEquipment2023-07-012024-06-30SC424630core:NetGoodwill2023-07-012024-06-30SC424630core:IntangibleAssetsOtherThanGoodwill2023-07-012024-06-30SC424630core:ListedExchangeTraded2023-07-012024-06-30SC424630core:UnlistedNon-exchangeTraded2023-07-012024-06-30SC424630core:MoreThanFiveYears2023-07-012024-06-30SC424630core:Non-currentFinancialInstruments2024-06-30SC424630core:Non-currentFinancialInstruments2023-06-30SC424630dpl:CostSales2023-07-012024-06-30SC424630dpl:DistributionCosts2023-07-012024-06-30SC424630core:LandBuildings2023-07-012024-06-30SC424630core:PlantMachinery2023-07-012024-06-30SC424630core:Vehicles2023-07-012024-06-30SC424630core:FurnitureFittings2023-07-012024-06-30SC424630core:OfficeEquipment2023-07-012024-06-30SC424630dpl:AdministrativeExpenses2023-07-012024-06-30SC424630core:NetGoodwill2023-07-012024-06-30SC424630core:IntangibleAssetsOtherThanGoodwill2023-07-012024-06-30SC424630dpl:GroupUndertakings2023-07-012024-06-30SC424630dpl:ParticipatingInterests2023-07-012024-06-30SC424630dpl:GroupUndertakingscore:ListedExchangeTraded2023-07-012024-06-30SC424630core:ListedExchangeTraded2023-07-012024-06-30SC424630dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-07-012024-06-30SC424630core:UnlistedNon-exchangeTraded2023-07-012024-06-30SC424630dpl:CostSales2022-07-012023-06-30SC424630dpl:DistributionCosts2022-07-012023-06-30SC424630core:LandBuildings2022-07-012023-06-30SC424630core:PlantMachinery2022-07-012023-06-30SC424630core:Vehicles2022-07-012023-06-30SC424630core:FurnitureFittings2022-07-012023-06-30SC424630core:OfficeEquipment2022-07-012023-06-30SC424630dpl:AdministrativeExpenses2022-07-012023-06-30SC424630core:NetGoodwill2022-07-012023-06-30SC424630core:IntangibleAssetsOtherThanGoodwill2022-07-012023-06-30SC424630dpl:GroupUndertakings2022-07-012023-06-30SC424630dpl:ParticipatingInterests2022-07-012023-06-30SC424630dpl:GroupUndertakingscore:ListedExchangeTraded2022-07-012023-06-30SC424630core:ListedExchangeTraded2022-07-012023-06-30SC424630dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-07-012023-06-30SC424630core:UnlistedNon-exchangeTraded2022-07-012023-06-30SC424630core:NetGoodwill2024-06-30SC424630core:IntangibleAssetsOtherThanGoodwill2024-06-30SC424630core:LandBuildings2024-06-30SC424630core:PlantMachinery2024-06-30SC424630core:Vehicles2024-06-30SC424630core:FurnitureFittings2024-06-30SC424630core:OfficeEquipment2024-06-30SC424630core:AfterOneYear2024-06-30SC424630core:WithinOneYear2024-06-30SC424630core:ListedExchangeTraded2024-06-30SC424630core:UnlistedNon-exchangeTraded2024-06-30SC424630core:ShareCapital2024-06-30SC424630core:SharePremium2024-06-30SC424630core:RevaluationReserve2024-06-30SC424630core:OtherReservesSubtotal2024-06-30SC424630core:RetainedEarningsAccumulatedLosses2024-06-30SC424630core:NetGoodwill2023-06-30SC424630core:IntangibleAssetsOtherThanGoodwill2023-06-30SC424630core:LandBuildings2023-06-30SC424630core:PlantMachinery2023-06-30SC424630core:Vehicles2023-06-30SC424630core:FurnitureFittings2023-06-30SC424630core:OfficeEquipment2023-06-30SC424630core:AfterOneYear2023-06-30SC424630core:WithinOneYear2023-06-30SC424630core:ListedExchangeTraded2023-06-30SC424630core:UnlistedNon-exchangeTraded2023-06-30SC424630core:ShareCapital2023-06-30SC424630core:SharePremium2023-06-30SC424630core:RevaluationReserve2023-06-30SC424630core:OtherReservesSubtotal2023-06-30SC424630core:RetainedEarningsAccumulatedLosses2023-06-30SC424630core:NetGoodwill2022-07-01SC424630core:IntangibleAssetsOtherThanGoodwill2022-07-01SC424630core:LandBuildings2022-07-01SC424630core:PlantMachinery2022-07-01SC424630core:Vehicles2022-07-01SC424630core:FurnitureFittings2022-07-01SC424630core:OfficeEquipment2022-07-01SC424630core:AfterOneYear2022-07-01SC424630core:WithinOneYear2022-07-01SC424630core:ListedExchangeTraded2022-07-01SC424630core:UnlistedNon-exchangeTraded2022-07-01SC424630core:ShareCapital2022-07-01SC424630core:SharePremium2022-07-01SC424630core:RevaluationReserve2022-07-01SC424630core:OtherReservesSubtotal2022-07-01SC424630core:RetainedEarningsAccumulatedLosses2022-07-01SC424630core:AfterOneYear2023-07-012024-06-30SC424630core:WithinOneYear2023-07-012024-06-30SC424630core:Non-currentFinancialInstrumentscore:CostValuation2023-07-012024-06-30SC424630core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-07-012024-06-30SC424630core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-07-012024-06-30SC424630core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-07-012024-06-30SC424630core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-07-012024-06-30SC424630core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-07-012024-06-30SC424630core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-07-012024-06-30SC424630core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-07-012024-06-30SC424630core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-07-012024-06-30SC424630core:Non-currentFinancialInstrumentscore:CostValuation2024-06-30SC424630core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-06-30SC424630core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-06-30SC424630core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-06-30SC424630core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-06-30SC424630core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-06-30SC424630core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-06-30SC424630core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-06-30SC424630core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-06-30SC424630core:Non-currentFinancialInstrumentscore:CostValuation2023-06-30SC424630core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-06-30SC424630core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-06-30SC424630core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-06-30SC424630core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-06-30SC424630core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-06-30SC424630core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-06-30SC424630core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-06-30SC424630core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-06-30SC424630bus:Director12023-07-012024-06-30SC424630bus:Director22023-07-012024-06-30SC424630bus:Director32023-07-012024-06-30SC424630core:FurnitureFittingsToolsEquipment2023-06-30SC424630core:FurnitureFittingsToolsEquipment2023-07-012024-06-30SC424630core:FurnitureFittingsToolsEquipment2024-06-30

A G BROWN FABRICATIONS LIMITED

Registered Number
SC424630
(Scotland)

Unaudited Financial Statements for the Year ended
30 June 2024

A G BROWN FABRICATIONS LIMITED
Company Information
for the year from 1 July 2023 to 30 June 2024

Directors

Alexander George Brown
Steven Brown
Alan Mack

Registered Address

42 Ramsden Road
Southfield Industrial Estate
Glenrothes
KY6 2SN

Registered Number

SC424630 (Scotland)
A G BROWN FABRICATIONS LIMITED
Balance Sheet as at
30 June 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets4519,748489,707
519,748489,707
Current assets
Stocks40,68024,500
Debtors598,534306,058
Cash at bank and on hand291,065628,721
430,279959,279
Creditors amounts falling due within one year6(381,831)(785,327)
Net current assets (liabilities)48,448173,952
Total assets less current liabilities568,196663,659
Creditors amounts falling due after one year7(260,542)(353,322)
Provisions for liabilities(97,580)(91,760)
Net assets210,074218,577
Capital and reserves
Called up share capital100100
Revaluation reserve1,0871,268
Profit and loss account208,887217,209
Shareholders' funds210,074218,577
The financial statements were approved and authorised for issue by the Board of Directors on 3 February 2025, and are signed on its behalf by:
Alan Mack
Director
Alexander George Brown
Director
Steven Brown
Director

Registered Company No. SC424630
A G BROWN FABRICATIONS LIMITED
Notes to the Financial Statements
for the year ended 30 June 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Turnover policy
Turnover represents net invoiced sales of goods and services, excluding value added tax.
Employee benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Intangible assets
Intangible assets are in respect of patents and licences which are being written off over 10 years on a straight line basis.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)Straight line (years)
Land and buildings-50
Plant and machinery-10
Fixtures and fittings15-
Vehicles25-
Office Equipment-3
Finance leases and hire purchase contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the balance sheet. They are depreciated over the shorter of their useful lives or the term of the lease. Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
Stocks and work in progress
Stock and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
2.Average number of employees

20242023
Average number of employees during the year1820
3.Intangible assets

Other

Total

££
Cost or valuation
At 01 July 231,7501,750
At 30 June 241,7501,750
Amortisation and impairment
At 01 July 231,7501,750
At 30 June 241,7501,750
Net book value
At 30 June 24--
At 30 June 23--
4.Tangible fixed assets

Land & buildings

Plant & machinery

Vehicles

Fixtures & fittings

Office Equipment

Total

££££££
Cost or valuation
At 01 July 2320,516704,80622,7504,61310,598763,283
Additions-88,150-1,89712,759102,806
At 30 June 2420,516792,95622,7506,51023,357866,089
Depreciation and impairment
At 01 July 232,166259,9671,6673,7486,028273,576
Charge for year41161,8565,2712974,93072,765
At 30 June 242,577321,8236,9384,04510,958346,341
Net book value
At 30 June 2417,939471,13315,8122,46512,399519,748
At 30 June 2318,350444,83921,0838654,570489,707
5.Debtors: amounts due within one year

2024

2023

££
Trade debtors / trade receivables21,964253,187
Other debtors49,89227,389
Prepayments and accrued income26,67825,482
Total98,534306,058
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables103,743495,413
Bank borrowings and overdrafts54,75561,333
Taxation and social security88,412128,623
Finance lease and HP contracts98,06780,266
Other creditors12,2474,293
Accrued liabilities and deferred income24,60715,399
Total381,831785,327
The bank loans are secured by personal guarantee by the Directors. The hire purchase creditor is secured over the assets to which is relates.
7.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts102,286157,041
Other creditors158,256196,281
Total260,542353,322