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REGISTERED NUMBER: 11088134 (England and Wales)






















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

BRINKFREES LIMITED

BRINKFREES LIMITED (REGISTERED NUMBER: 11088134)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BRINKFREES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: Mr G R Linkins
Mr C G Linkins





REGISTERED OFFICE: Bradleys
Wotton Road
Ashford
Kent
TN23 6LL





REGISTERED NUMBER: 11088134 (England and Wales)





ACCOUNTANTS: GKP (Ampthill) Limited
Chartered Accountants
3 Doolittle Yard
Froghall Road
Ampthill
Bedfordshire
MK45 2NW

BRINKFREES LIMITED (REGISTERED NUMBER: 11088134)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible assets 5 - -
Tangible assets 6 189,253 204,839
189,253 204,839

CURRENT ASSETS
Stocks 285,612 245,025
Debtors 7 448,975 533,033
Cash at bank and in hand 700,290 504,495
1,434,877 1,282,553
CREDITORS
Amounts falling due within one year 8 732,684 725,650
NET CURRENT ASSETS 702,193 556,903
TOTAL ASSETS LESS CURRENT
LIABILITIES

891,446

761,742

CREDITORS
Amounts falling due after more than one
year

9

(15,221

)

(34,922

)

PROVISIONS FOR LIABILITIES (47,313 ) (51,210 )
NET ASSETS 828,912 675,610

CAPITAL AND RESERVES
Called up share capital 11 923 1,000
Capital redemption reserve 78 -
Retained earnings 827,911 674,610
SHAREHOLDERS' FUNDS 828,912 675,610

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

BRINKFREES LIMITED (REGISTERED NUMBER: 11088134)

BALANCE SHEET - continued
30 JUNE 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 March 2025 and were signed on its behalf by:





Mr G R Linkins - Director


BRINKFREES LIMITED (REGISTERED NUMBER: 11088134)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

Brinkfrees Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Improvements to property - 20% on cost
Plant and machinery - 10% on cost
Office equipment - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

BRINKFREES LIMITED (REGISTERED NUMBER: 11088134)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


3. ACCOUNTING POLICIES - continued

Leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 8 ) .

5. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1 July 2023
and 30 June 2024 10,000
AMORTISATION
At 1 July 2023
and 30 June 2024 10,000
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 -

BRINKFREES LIMITED (REGISTERED NUMBER: 11088134)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


6. TANGIBLE FIXED ASSETS
Improvements Plant and Office
to property machinery equipment Totals
£ £ £ £
COST
At 1 July 2023 59,215 241,837 66,337 367,389
Additions - 25,629 685 26,314
At 30 June 2024 59,215 267,466 67,022 393,703
DEPRECIATION
At 1 July 2023 18,160 88,555 55,835 162,550
Charge for year 6,485 25,147 10,268 41,900
At 30 June 2024 24,645 113,702 66,103 204,450
NET BOOK VALUE
At 30 June 2024 34,570 153,764 919 189,253
At 30 June 2023 41,055 153,282 10,502 204,839

The net book value of tangible fixed assets includes £ 17,651 (2023 - £ 19,857 ) in respect of assets held under hire purchase contracts.

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors 415,147 474,777
Amounts owed by group undertakings - 26,458
Other debtors 7,205 6,793
Prepayments and accrued income 26,623 25,005
448,975 533,033

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 14,049 18,067
Hire purchase contracts 5,708 5,708
Trade creditors 571,034 507,639
Amounts owed to group undertakings - 87,889
Tax 92,785 100,509
VAT 623 -
Other creditors 40,000 -
Accrued expenses 8,485 5,838
732,684 725,650

BRINKFREES LIMITED (REGISTERED NUMBER: 11088134)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£ £
Bank loans - 1-2 years - 13,993
Hire purchase contracts 15,221 20,929
15,221 34,922

10. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£ £
Bank loans 14,049 32,060

11. CALLED UP SHARE CAPITAL

Allotted issued and fully paid
Number: Class: Nominal £
value:
750 A Ordinary shares £1 750
100 B Ordinary shares £1 100
50 C Ordinary shares £1 50
50 D Ordinary shares £1 50
25 E Ordinary shares £1 25
25 F Ordinary shares £1 25
1,000

12. OTHER FINANCIAL COMMITMENTS

The company has entered into a multi-lateral guarantee with it's parent company and a fellow subsidiaries in favour of Barclays Bank Plc.

At 30 June 2024, a mortgage facility totalling £216,662 (2023 - £284,147) was being used by a fellow subsidiary.