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REGISTERED NUMBER: 08660890 (England and Wales)















BROURNE ENTERPRISES LIMITED

Unaudited Financial Statements for the Year Ended 31 August 2024






BROURNE ENTERPRISES LIMITED (REGISTERED NUMBER: 08660890)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

BROURNE ENTERPRISES LIMITED

Company Information
for the Year Ended 31 August 2024







DIRECTORS: C R N Bourne
Mrs A K Bourne





REGISTERED OFFICE: 26 King Street
Wolverhampton
WV1 1ST





REGISTERED NUMBER: 08660890 (England and Wales)





ACCOUNTANTS: Lancaster Haskins Limited
Granville House
2 Tettenhall Road
Wolverhampton
West Midlands
WV1 4SB

BROURNE ENTERPRISES LIMITED (REGISTERED NUMBER: 08660890)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 5,360 5,160
Tangible assets 5 56,279 53,415
61,639 58,575

CURRENT ASSETS
Stocks 2,000 2,000
Debtors 6 10,445 5,797
Cash at bank 17,518 42,692
29,963 50,489
CREDITORS
Amounts falling due within one year 7 34,978 47,112
NET CURRENT (LIABILITIES)/ASSETS (5,015 ) 3,377
TOTAL ASSETS LESS CURRENT
LIABILITIES

56,624

61,952

CREDITORS
Amounts falling due after more than one
year

8

(5,928

)

(14,797

)

PROVISIONS FOR LIABILITIES (9,047 ) (6,066 )
NET ASSETS 41,649 41,089

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 41,549 40,989
41,649 41,089

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

BROURNE ENTERPRISES LIMITED (REGISTERED NUMBER: 08660890)

Balance Sheet - continued
31 August 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 27 May 2025 and were signed on its behalf by:





C R N Bourne - Director


BROURNE ENTERPRISES LIMITED (REGISTERED NUMBER: 08660890)

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


1. STATUTORY INFORMATION

Brourne Enterprises 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Website is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 5% on cost
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 25% 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.


BROURNE ENTERPRISES LIMITED (REGISTERED NUMBER: 08660890)

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


2. ACCOUNTING POLICIES - continued
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.

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 3 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 September 2023 8,600
Additions 2,400
At 31 August 2024 11,000
AMORTISATION
At 1 September 2023 3,440
Charge for year 2,200
At 31 August 2024 5,640
NET BOOK VALUE
At 31 August 2024 5,360
At 31 August 2023 5,160

BROURNE ENTERPRISES LIMITED (REGISTERED NUMBER: 08660890)

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


5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 September 2023 27,960 59,347 4,620 2,197 94,124
Additions - 11,079 - - 11,079
At 31 August 2024 27,960 70,426 4,620 2,197 105,203
DEPRECIATION
At 1 September 2023 6,470 31,081 1,511 1,647 40,709
Charge for year 1,398 5,647 620 550 8,215
At 31 August 2024 7,868 36,728 2,131 2,197 48,924
NET BOOK VALUE
At 31 August 2024 20,092 33,698 2,489 - 56,279
At 31 August 2023 21,490 28,266 3,109 550 53,415

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 2,543 2,600
Other debtors 7,902 3,197
10,445 5,797

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 9,700 10,632
Social security and other taxes 18,596 23,621
Other creditors 1,622 6,615
Directors' current accounts 3,581 4,565
Accrued expenses 1,479 1,679
34,978 47,112

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Bank loans - 1-2 years 5,928 14,797

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Brourne Enterprises Limited


The following reproduces the text of the report prepared for the directors 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 Directors 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 Brourne Enterprises Limited for the year ended 31 August 2024 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Brourne Enterprises Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Brourne Enterprises Limited and state those matters that we have agreed to state to the Board of Directors of Brourne Enterprises Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Brourne Enterprises Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Brourne Enterprises 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 Brourne Enterprises Limited. You consider that Brourne Enterprises 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 Brourne Enterprises 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.






Lancaster Haskins Limited
Granville House
2 Tettenhall Road
Wolverhampton
West Midlands
WV1 4SB


27 May 2025