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REGISTERED NUMBER: 00286527 (England and Wales)









Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Bray And Slaughter Limited

Bray And Slaughter Limited (Registered number: 00286527)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Bray And Slaughter Limited

Company Information
for the Year Ended 31 March 2025







DIRECTOR: G M Jefferies





REGISTERED OFFICE: Locks Mills Parson Street
Bedminster
Bristol
BS3 5RD





REGISTERED NUMBER: 00286527 (England and Wales)





ACCOUNTANTS: P W John & Co
Parkview
23 Wadham Street
Weston-super-Mare
Somerset
BS23 1JZ

Bray And Slaughter Limited (Registered number: 00286527)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £   
FIXED ASSETS
Tangible assets 4 996,085 1,002,229

CURRENT ASSETS
Debtors 5 1,691,810 948,146
Cash at bank and in hand 1,334,036 919,678
3,025,846 1,867,824
CREDITORS
Amounts falling due within one year 6 (2,432,565 ) (1,510,334 )
NET CURRENT ASSETS 593,281 357,490
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,589,366

1,359,719

CREDITORS
Amounts falling due after more than one
year

7

-

(40,000

)
NET ASSETS 1,589,366 1,319,719

CAPITAL AND RESERVES
Called up share capital 3,726 3,726
Capital redemption reserve 9 6,286 6,286
Retained earnings 9 1,579,354 1,309,707
SHAREHOLDERS' FUNDS 1,589,366 1,319,719

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

Bray And Slaughter Limited (Registered number: 00286527)

Balance Sheet - continued
31 March 2025


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 13 June 2025 and were signed by:





G M Jefferies - Director


Bray And Slaughter Limited (Registered number: 00286527)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Bray And Slaughter 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 as modified by the revaluation of certain assets.

Critical accounting judgements and key sources of estimation uncertainty
The preparation of financial statements requires management to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on a continuing basis.

The key judgements and sources of estimation uncertainty that have a significant risk of resulting in material adjustment within the next financial year are described below.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write of each asset over its estimated useful life;

Freehold property- not provided
Plant and machinery- 20% on reducing balance
Fixtures and fittings- 20% on reducing balance
Motor vehicles- 25% on reducing balance

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts and finance leases where a significant portion of the risks and rewards of ownership is transferred to the Company, are classified as finance leases.

Leases other than finance leases are classified as operating leases. Payments made under operating leases are recognised as an expense in the income statement on a straight-line basis over the lease term.

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.

Going concern
The financial statements have been prepared on the going concern basis which assumes that the Company will continue in operational existence for the foreseeable future. This is in line with director's forecasts for the business over the next 12 months.

Revenue
Revenue is recognised to the extent that it is probable that economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Bray And Slaughter Limited (Registered number: 00286527)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued

Construction contracts
Where the outcome of a contract can be estimated reliably, contract revenue and costs are recognised by reference to the stage of completion of the contract activity at the balance sheet date and profit is that estimated to fairly reflect the profit arising up to that date.

Where it is probable that total contract costs will exceed total contract revenue, the expected loss is recognised immediately.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2024 - 24 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST OR VALUATION
At 1 April 2024 950,000 197,229 282,393 32,495 1,462,117
Additions - - 5,994 - 5,994
At 31 March 2025 950,000 197,229 288,387 32,495 1,468,111
DEPRECIATION
At 1 April 2024 - 192,665 259,099 8,124 459,888
Charge for year - 865 5,011 6,262 12,138
At 31 March 2025 - 193,530 264,110 14,386 472,026
NET BOOK VALUE
At 31 March 2025 950,000 3,699 24,277 18,109 996,085
At 31 March 2024 950,000 4,564 23,294 24,371 1,002,229

The director considers the fair value of the freehold property at the year end to be £950,000.

The historic cost of the freehold property was £1,249,068.

Cost or valuation at 31 March 2025 is represented by:

Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
Valuation in 2024 150,000 - - - 150,000
Cost 800,000 197,229 288,387 32,495 1,318,111
950,000 197,229 288,387 32,495 1,468,111

Bray And Slaughter Limited (Registered number: 00286527)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 1,548,249 841,828
Other debtors 143,561 106,318
1,691,810 948,146

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 40,000 60,000
Payments on account 325,529 155,203
Trade creditors 1,134,586 983,052
Taxation and social security 424,996 99,432
Other creditors 507,454 212,647
2,432,565 1,510,334

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Bank loans - 40,000

8. SECURED DEBTS

The following secured debts are included within creditors:

31.3.25 31.3.24
£    £   
Bank loans 40,000 100,000

The bank loan is secured by way of a fixed charge.

9. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1 April 2024 1,309,707 6,286 1,315,993
Profit for the year 269,647 269,647
At 31 March 2025 1,579,354 6,286 1,585,640

10. DEFINED CONTRIBUTION PENSION SCHEME

The company operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the company to the scheme and amounted to £43,788 (2024: £48,649).

Bray And Slaughter Limited (Registered number: 00286527)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25 31.3.24
£    £   
G M Jefferies
Balance outstanding at start of year 12,813 13,281
Amounts advanced 288 282
Amounts repaid - (750 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 13,101 12,813

Interest is charged at 2.25% (2024 2.25%) on the loan account balances.