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REGISTERED NUMBER: SC526500 (Scotland)














FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025

FOR

THE BROWHOUZ LIMITED

THE BROWHOUZ LIMITED (REGISTERED NUMBER: SC526500)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Certified Accountants' Report 7

THE BROWHOUZ LIMITED

COMPANY INFORMATION
for the Year Ended 28 February 2025







DIRECTOR: Miss J Bradley





REGISTERED OFFICE: 15-21 St Andrew Street
Aberdeen
AB25 1BQ





REGISTERED NUMBER: SC526500 (Scotland)





ACCOUNTANTS: Acumen Accountants and Advisors Limited
Bankhead Drive
City South Office Park
Portlethen
Aberdeenshire
AB12 4XX

THE BROWHOUZ LIMITED (REGISTERED NUMBER: SC526500)

BALANCE SHEET
28 February 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 164,340 88,583

CURRENT ASSETS
Stocks 5 3,374 12,798
Debtors 6 1,226 -
Cash at bank 323,486 283,600
328,086 296,398
CREDITORS
Amounts falling due within one year 7 79,025 109,064
NET CURRENT ASSETS 249,061 187,334
TOTAL ASSETS LESS CURRENT
LIABILITIES

413,401

275,917

CREDITORS
Amounts falling due after more than one year 8 (57,043 ) -

PROVISIONS FOR LIABILITIES 9 (31,225 ) -
NET ASSETS 325,133 275,917

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 325,132 275,916
325,133 275,917

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

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 director and authorised for issue on 26 March 2025 and were signed by:





Miss J Bradley - Director


THE BROWHOUZ LIMITED (REGISTERED NUMBER: SC526500)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

The Browhouz Limited is a private company, limited by shares , registered in Scotland. 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - Straight line over 25 years
Fixtures and fittings - 25% reducing balance
Motor vehicles - 25% reducing balance
Computer equipment - 25% reducing balance

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

Financial instruments
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument.

Basic financial assets
Basic financial assets which include trade & other debtors, cash and bank balances are measured at transaction price including transaction costs.

Financial assets are derecognised when the contractual rights to cash flows from the asset expire or are settled or when the company transfers significant risk and reward of ownership to another entity.

Basic financial liabilities
Basic financial liabilities which include trade and other creditors are recognised at transaction price including transaction cost.

Financial liabilities are derecognised when the company's contractual obligations are discharged.

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.

THE BROWHOUZ LIMITED (REGISTERED NUMBER: SC526500)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 2025

2. ACCOUNTING POLICIES - continued

Hire purchase and 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Motor Computer
property fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 March 2024 82,429 10,249 - 6,316 98,994
Additions - 3,237 85,800 - 89,037
At 28 February 2025 82,429 13,486 85,800 6,316 188,031
DEPRECIATION
At 1 March 2024 3,297 3,841 - 3,273 10,411
Charge for year 3,297 2,072 7,150 761 13,280
At 28 February 2025 6,594 5,913 7,150 4,034 23,691
NET BOOK VALUE
At 28 February 2025 75,835 7,573 78,650 2,282 164,340
At 29 February 2024 79,132 6,408 - 3,043 88,583

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 85,800
At 28 February 2025 85,800
DEPRECIATION
Charge for year 7,150
At 28 February 2025 7,150
NET BOOK VALUE
At 28 February 2025 78,650

THE BROWHOUZ LIMITED (REGISTERED NUMBER: SC526500)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 2025

5. STOCKS
2025 2024
£    £   
Stocks 3,374 12,798

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Other debtors 353 -
Prepayments and accrued income 873 -
1,226 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Hire purchase contracts 6,287 -
Trade creditors 239 -
Tax 1,435 24,807
Social security and other taxes - 1,056
VAT 22,136 12,055
Other creditors 38,170 -
Directors' current accounts 7,412 68,162
Accrued expenses 3,346 2,984
79,025 109,064

The company has granted a floating charge in favour of The Royal Bank of Scotland PLC over all present and future undertakings and property of the company.

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Hire purchase contracts 57,043 -

9. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax 31,225 -

Deferred
tax
£   
Provided during year 31,225
Balance at 28 February 2025 31,225

THE BROWHOUZ LIMITED (REGISTERED NUMBER: SC526500)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28 February 2025

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 28 February 2025 and 29 February 2024:

2025 2024
£    £   
Miss J Bradley
Balance outstanding at start of year (68,162 ) (57,481 )
Amounts advanced 81,092 3,902
Amounts repaid (20,342 ) (14,583 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (7,412 ) (68,162 )

The above loans are interest free and have no set repayment terms.

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
THE BROWHOUZ LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Browhouz Limited for the year ended 28 February 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of The Browhouz Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Browhouz Limited and state those matters that we have agreed to state to the director of The Browhouz Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at
https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that The Browhouz 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 The Browhouz Limited. You consider that The Browhouz Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of The Browhouz 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.






Acumen Accountants and Advisors Limited
Bankhead Drive
City South Office Park
Portlethen
Aberdeenshire
AB12 4XX


26 March 2025