Silverfin false false 31/07/2024 12/07/2023 31/07/2024 Mrs F Toogood 12/07/2023 Mr C R A Toogood 12/07/2023 21 March 2025 The principal activity of the company during the financial period was property management. 14998045 2024-07-31 14998045 bus:Director1 2024-07-31 14998045 bus:Director2 2024-07-31 14998045 core:CurrentFinancialInstruments 2024-07-31 14998045 core:ShareCapital 2024-07-31 14998045 core:RetainedEarningsAccumulatedLosses 2024-07-31 14998045 core:LandBuildings 2023-07-11 14998045 2023-07-11 14998045 core:LandBuildings 2024-07-31 14998045 bus:OrdinaryShareClass1 2024-07-31 14998045 2023-07-12 2024-07-31 14998045 bus:FilletedAccounts 2023-07-12 2024-07-31 14998045 bus:SmallEntities 2023-07-12 2024-07-31 14998045 bus:AuditExemptWithAccountantsReport 2023-07-12 2024-07-31 14998045 bus:PrivateLimitedCompanyLtd 2023-07-12 2024-07-31 14998045 bus:Director1 2023-07-12 2024-07-31 14998045 bus:Director2 2023-07-12 2024-07-31 14998045 core:LandBuildings 2023-07-12 2024-07-31 14998045 bus:OrdinaryShareClass1 2023-07-12 2024-07-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: 14998045 (England and Wales)

TOOGOOD BROWN LTD

Unaudited Financial Statements
For the financial period from 12 July 2023 to 31 July 2024
Pages for filing with the registrar

TOOGOOD BROWN LTD

Unaudited Financial Statements

For the financial period from 12 July 2023 to 31 July 2024

Contents

TOOGOOD BROWN LTD

BALANCE SHEET

As at 31 July 2024
TOOGOOD BROWN LTD

BALANCE SHEET (continued)

As at 31 July 2024
Note 31.07.2024
£
Fixed assets
Tangible assets 3 131,463
131,463
Current assets
Cash at bank and in hand 4 7,650
7,650
Creditors: amounts falling due within one year 5 ( 130,232)
Net current liabilities (122,582)
Total assets less current liabilities 8,881
Net assets 8,881
Capital and reserves
Called-up share capital 6 2
Profit and loss account 8,879
Total shareholders' funds 8,881

For the financial period ending 31 July 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of Toogood Brown Ltd (registered number: 14998045) were approved and authorised for issue by the Board of Directors on 21 March 2025. They were signed on its behalf by:

Mrs F Toogood
Director
TOOGOOD BROWN LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 12 July 2023 to 31 July 2024
TOOGOOD BROWN LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial period from 12 July 2023 to 31 July 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period, unless otherwise stated.

General information and basis of accounting

Toogood Brown Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Hughenden Rock Road, Rock, St Minver, PL27 6PW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the rental fees have been transferred to the buyer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Land and buildings not depreciated

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Profit and Loss Account as described below.

2. Employees

Period from
12.07.2023 to
31.07.2024
Number
Monthly average number of persons employed by the Company during the period, including directors 2

3. Tangible assets

Land and buildings Total
£ £
Cost
At 12 July 2023 0 0
Additions 131,463 131,463
At 31 July 2024 131,463 131,463
Accumulated depreciation
At 12 July 2023 0 0
At 31 July 2024 0 0
Net book value
At 31 July 2024 131,463 131,463

4. Cash and cash equivalents

31.07.2024
£
Cash at bank and in hand 7,650

5. Creditors: amounts falling due within one year

31.07.2024
£
Taxation and social security 3,358
Other creditors 126,874
130,232

6. Called-up share capital

31.07.2024
£
Allotted, called-up and fully-paid
2 Ordinary shares of £ 1.00 each 2