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REGISTERED NUMBER: 07900353 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

BRENT BUILDING DEVELOPMENTS LTD

BRENT BUILDING DEVELOPMENTS LTD (REGISTERED NUMBER: 07900353)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BRENT BUILDING DEVELOPMENTS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTOR: Mr J B Watts





REGISTERED OFFICE: 1 Rookery Close
Witham St Hughs
LINCOLN
Lincolnshire
LN6 9LJ





REGISTERED NUMBER: 07900353 (England and Wales)





ACCOUNTANTS: Shucksmith Accountants (Gainsborough) Limited
94-96 Oswald Road
SCUNTHORPE
North Lincolnshire
DN15 7PA

BRENT BUILDING DEVELOPMENTS LTD (REGISTERED NUMBER: 07900353)

BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 5,069 436
5,069 436

CURRENT ASSETS
Stocks - 10,000
Debtors 6 23,111 35,860
Cash at bank 6,498 1,454
29,609 47,314
CREDITORS
Amounts falling due within one year 7 28,129 24,184
NET CURRENT ASSETS 1,480 23,130
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,549

23,566

CREDITORS
Amounts falling due after more than one
year

8

(5,041

)

(11,934

)

PROVISIONS FOR LIABILITIES 9 (962 ) (82 )
NET ASSETS 546 11,550

CAPITAL AND RESERVES
Called up share capital 10 2 2
Retained earnings 11 544 11,548
SHAREHOLDERS' FUNDS 546 11,550

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

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

BRENT BUILDING DEVELOPMENTS LTD (REGISTERED NUMBER: 07900353)

BALANCE SHEET - continued
31 DECEMBER 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 director and authorised for issue on 11 June 2025 and were signed by:





Mr J B Watts - Director


BRENT BUILDING DEVELOPMENTS LTD (REGISTERED NUMBER: 07900353)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Brent Building Developments Ltd 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 the value of goods and services provided, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of five years.

This amount has now been fully written off.

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.

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.
Tools and machinery - 20% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

BRENT BUILDING DEVELOPMENTS LTD (REGISTERED NUMBER: 07900353)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 5,000
AMORTISATION
At 1 January 2024
and 31 December 2024 5,000
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

5. TANGIBLE FIXED ASSETS
Tools and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 January 2024 5,302 - 5,302
Additions - 6,294 6,294
At 31 December 2024 5,302 6,294 11,596
DEPRECIATION
At 1 January 2024 4,866 - 4,866
Charge for year 87 1,574 1,661
At 31 December 2024 4,953 1,574 6,527
NET BOOK VALUE
At 31 December 2024 349 4,720 5,069
At 31 December 2023 436 - 436

BRENT BUILDING DEVELOPMENTS LTD (REGISTERED NUMBER: 07900353)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 6,294
At 31 December 2024 6,294
NET BOOK VALUE
At 31 December 2024 6,294

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 8,318 -
Other debtors 128 117
Directors' current accounts 5,796 25,968
Tax 8,764 9,775
Prepayments and accrued income 105 -
23,111 35,860

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 8,000 8,000
Hire purchase contracts 3,021 -
Trade creditors 51 -
Corporation tax 9,440 10,438
Social security and other taxes 200 -
VAT 5,925 4,845
Other creditors 354 -
Accruals and deferred income 1,138 901
28,129 24,184

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Bank loans - 1-2 years 4,537 8,000
Bank loans - 2-5 years - 3,934
Hire purchase contracts 504 -
5,041 11,934

9. PROVISIONS FOR LIABILITIES
31.12.24 31.12.23
£    £   
Deferred tax 962 82

BRENT BUILDING DEVELOPMENTS LTD (REGISTERED NUMBER: 07900353)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

9. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 January 2024 82
Accelerated capital allowances 880
Balance at 31 December 2024 962

10. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
2 Ordinary £1 2 2

11. RESERVES
Retained
earnings
£   

At 1 January 2024 11,548
Profit for the year 43,996
Dividends (55,000 )
At 31 December 2024 544

12. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

31.12.24 31.12.23
£    £   
Mr J B Watts
Balance outstanding at start of year 25,968 30,077
Amounts repaid (20,172 ) (4,109 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 5,796 25,968

Interest has been charged on this loan at a normal commercial rate.

During the year, the director, Mr J B Watts charged the company £364 (2023 - £364) for use of home as office.

13. RELATED PARTY DISCLOSURES

During the year, total dividends of £55,000 (2023 - £32,000) were paid to the director .

At 31 December 2024 there was a balance owing to the company by Mr J B Watts - the sole director and shareholders- of £5,796 (2023 - £25,968).

This balance has been shown in Debtors.

BRENT BUILDING DEVELOPMENTS LTD (REGISTERED NUMBER: 07900353)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

14. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr J B Watts.