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REGISTERED NUMBER: 05674756 (England and Wales)















Financial Statements for the Year Ended 31 March 2024

for

Brook-Dobson Brear Limited

Brook-Dobson Brear Limited (Registered number: 05674756)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Brook-Dobson Brear Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: A S Brook-Dobson





SECRETARY:





REGISTERED OFFICE: Richmond House, Lawnswood Business Park
Redvers Close
Leeds
LS16 6QY





REGISTERED NUMBER: 05674756 (England and Wales)





ACCOUNTANTS: Richard Smedley Limited
Chartered Accountants & Registered Auditors
Richmond House
Lawnswood Business Park
Redvers Close
Leeds
West Yorkshire
LS16 6QY

Brook-Dobson Brear Limited (Registered number: 05674756)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 26,078 77,457

CURRENT ASSETS
Debtors 5 455,480 528,174
Cash at bank 165,927 186,016
621,407 714,190
CREDITORS
Amounts falling due within one year 6 535,767 294,932
NET CURRENT ASSETS 85,640 419,258
TOTAL ASSETS LESS CURRENT
LIABILITIES

111,718

496,715

CREDITORS
Amounts falling due after more than one year 7 - (22,435 )

PROVISIONS FOR LIABILITIES (6,205 ) (18,132 )
NET ASSETS 105,513 456,148

CAPITAL AND RESERVES
Called up share capital 16,000 16,000
Share premium 21,000 21,000
Retained earnings 68,513 419,148
105,513 456,148

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Brook-Dobson Brear Limited (Registered number: 05674756)

Balance Sheet - continued
31 March 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 March 2025 and were signed by:





A S Brook-Dobson - Director


Brook-Dobson Brear Limited (Registered number: 05674756)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Brook-Dobson Brear 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. ACCOUNTING POLICIES

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

Turnover
Turnover represents net commissions received for services provided (excluding VAT, similar taxes and trade discounts). The commissions are received on a regular basis and are based upon a set percentage of client investments. The advice services are recognised once the service have been fully provided to the client.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 15% on reducing balance
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on cost

Financial instruments
Basic financial instruments are recognised at amortised cost. Derivative financial instruments are initially recorded at cost thereafter at fair value with changes recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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

Brook-Dobson Brear Limited (Registered number: 05674756)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 11 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Short Plant and and Computer
leasehold machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 129,740 25,872 54,411 20,241 230,264
Disposals - (25,872 ) (6,735 ) (7,342 ) (39,949 )
At 31 March 2024 129,740 - 47,676 12,899 190,315
DEPRECIATION
At 1 April 2023 100,712 7,533 31,965 12,597 152,807
Charge for year 21,623 - 3,210 1,313 26,146
Eliminated on disposal - (7,533 ) (5,070 ) (2,113 ) (14,716 )
At 31 March 2024 122,335 - 30,105 11,797 164,237
NET BOOK VALUE
At 31 March 2024 7,405 - 17,571 1,102 26,078
At 31 March 2023 29,028 18,339 22,446 7,644 77,457

5. DEBTORS
31.3.24 31.3.23
£    £   
Amounts falling due within one year:
Trade debtors 416,701 366,931
Other debtors 14,335 136,799
431,036 503,730

Amounts falling due after more than one year:
Other debtors 24,444 24,444

Aggregate amounts 455,480 528,174

Brook-Dobson Brear Limited (Registered number: 05674756)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts - 9,952
Trade creditors 136,959 39,446
Taxation and social security 122,100 203,814
Other creditors 276,708 41,720
535,767 294,932

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans - 22,435

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.3.24 31.3.23
£    £   
Within one year - 86,358
Between one and five years - 75,970
- 162,328

9. SECURED DEBTS

The previous charge was satisfied on 24th November 2022.

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
M R Kiddle
Balance outstanding at start of year 74,240 49,000
Amounts advanced 21,425 25,240
Amounts repaid (95,665 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 74,240

Interest is charged at the official rate on overdrawn loan accounts.
The loan was repaid in full on 07 February 2024.