Caseware UK (AP4) 2023.0.135 2023.0.135 2false2023-10-01falseDental practice activities2trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 12845241 2023-10-01 2024-09-30 12845241 2022-10-01 2023-09-30 12845241 2024-09-30 12845241 2023-09-30 12845241 c:Director1 2023-10-01 2024-09-30 12845241 c:Director2 2023-10-01 2024-09-30 12845241 d:Buildings 2023-10-01 2024-09-30 12845241 d:Buildings 2024-09-30 12845241 d:Buildings 2023-09-30 12845241 d:Buildings d:OwnedOrFreeholdAssets 2023-10-01 2024-09-30 12845241 d:CurrentFinancialInstruments 2024-09-30 12845241 d:CurrentFinancialInstruments 2023-09-30 12845241 d:Non-currentFinancialInstruments 2024-09-30 12845241 d:Non-currentFinancialInstruments 2023-09-30 12845241 d:CurrentFinancialInstruments d:WithinOneYear 2024-09-30 12845241 d:CurrentFinancialInstruments d:WithinOneYear 2023-09-30 12845241 d:Non-currentFinancialInstruments d:AfterOneYear 2024-09-30 12845241 d:Non-currentFinancialInstruments d:AfterOneYear 2023-09-30 12845241 d:ShareCapital 2024-09-30 12845241 d:ShareCapital 2023-09-30 12845241 d:RetainedEarningsAccumulatedLosses 2024-09-30 12845241 d:RetainedEarningsAccumulatedLosses 2023-09-30 12845241 c:FRS102 2023-10-01 2024-09-30 12845241 c:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 12845241 c:FullAccounts 2023-10-01 2024-09-30 12845241 c:PrivateLimitedCompanyLtd 2023-10-01 2024-09-30 12845241 2 2023-10-01 2024-09-30 12845241 6 2023-10-01 2024-09-30 12845241 e:PoundSterling 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure
Registered number: 12845241













Browns Family Enterprise Limited

Financial statements
Information for filing with the registrar

30 September 2024




 
Browns Family Enterprise Limited
 
 
  
Chartered accountants' report to the board of directors on the preparation of the unaudited statutory financial statements of Browns Family Enterprise Limited year ended 30 September 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Browns Family Enterprise Limited for the year ended 30 September 2024 which comprise  the balance sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW)we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

This report is made solely to the board of directors of Browns Family Enterprise Limited, as a body, in accordance with the terms of our engagement letter dated 19 November 2021Our work has been undertaken solely to prepare for your approval the financial statements of Browns Family Enterprise Limited and state those matters that we have agreed to state to the board of directors of Browns Family Enterprise Limited, as a body, in this report in accordance with ICAEW Technical Release TECH07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Browns Family Enterprise Limited and its board of directors, as a body, for our work or for this report. 

It is your duty to ensure that Browns Family Enterprise Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Browns Family Enterprise Limited. You consider that Browns Family Enterprise Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or review of the financial statements of Browns Family Enterprise Limited. 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 financial statements.

  



UNW LLP
Chartered Accountants
St James' Boulevard
Newcastle upon Tyne
NE1 4JE
6 March 2025
1

 
Browns Family Enterprise Limited


Balance sheet
At 30 September 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
239,152
244,351

Investments
 5 
276,687
276,687

  
515,839
521,038

Current assets
  

Debtors: amounts falling due within one year
 6 
5,377
-

Bank and cash balances
  
4,859
9,749

  
10,236
9,749

Creditors: amounts falling due within one year
 7 
(159,252)
(83,524)

Net current liabilities
  
 
 
(149,016)
 
 
(73,775)

Total assets less current liabilities
  
366,823
447,263

Creditors: amounts falling due after more than one year
 8 
(348,863)
(388,681)

  

Net assets
  
17,960
58,582


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
17,958
58,580

  
17,960
58,582

2

 
Browns Family Enterprise Limited

    
Balance sheet (continued)
At 30 September 2024

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 6 March 2025.




R J Brown
S Brown
Director
Director

Registered number: 12845241
The notes on pages 4 to 7 form part of these financial statements. 
3

 
Browns Family Enterprise Limited
 
 

Notes to the financial statements
Year ended 30 September 2024

1.


General information

The company is a private company limited by shares, registered in England and Wales. The address of
the registered office is Birch Tree House Cross Street, Elmswell, Bury St. Edmunds, IP30 9DR.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Freehold property
-
2%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

4

 
Browns Family Enterprise Limited
 

 
Notes to the financial statements
Year ended 30 September 2024

2.Accounting policies (continued)

 
2.6

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the statement of comprehensive income for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

5

 
Browns Family Enterprise Limited
 
 

Notes to the financial statements
Year ended 30 September 2024

4.


Tangible fixed assets





Freehold property

£



Cost or valuation


At 1 October 2023
259,948



At 30 September 2024

259,948



Depreciation


At 1 October 2023
15,597


Charge for the year on owned assets
5,199



At 30 September 2024

20,796



Net book value



At 30 September 2024
239,152



At 30 September 2023
244,351


5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 October 2023
276,687



At 30 September 2024
276,687





6.


Debtors

2024
2023
£
£


Other debtors
5,377
-

5,377
-

6

 
Browns Family Enterprise Limited
 
 

Notes to the financial statements
Year ended 30 September 2024

6.Debtors (continued)



7.


Creditors: amounts falling due within one year

2024
2023
£
£

Bank loans
63,876
50,542

Amounts owed to group undertakings
92,100
28,018

Other creditors
-
1,844

Accruals and deferred income
3,276
3,120

159,252
83,524



8.


Creditors: amounts falling due after more than one year

2024
2023
£
£

Bank loans
348,863
388,681

348,863
388,681



9.


Related party transactions

The company operated a loan account with Church View Dental Practice Limited. The amount owed to
Church View Dental Practice Limited at 30 September 2024 was £92,100 (2023: £28,018).

 
7