REGISTERED NUMBER: 04520879 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Brenden Fern Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

71,350

68,781

71,350

68,781

CURRENT ASSETS

Stocks

531,270

696,714

Debtors

6

202,848

177,824

Cash at bank and in hand

491,509

201,735

1,225,627

1,076,273

CREDITORS

Amounts falling due within one year

7

292,485

433,813

NET CURRENT ASSETS

933,142

642,460

TOTAL ASSETS LESS CURRENT LIABILITIES

1,004,492

711,241

CREDITORS

Amounts falling due after more than one year

8

(10,833

)

(20,833

)

PROVISIONS FOR LIABILITIES

(17,837

)

(16,040

)

NET ASSETS

975,822

674,368

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

974,822

673,368

SHAREHOLDERS' FUNDS

975,822

674,368

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 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 June 2025 and were signed on its behalf by:

Mr B Fern - Director

1.	STATUTORY INFORMATION

Brenden Fern Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04520879

Registered office:

493 High Street

Sandyford

Stoke on Trent

Staffordshire

ST6 5PB

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 represents net invoiced sales of services, excluding value added tax.

Revenue is recognised as the company becomes entitled to consideration for the services supplied. Therefore, turnover also includes the element of work completed but not yet invoiced.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, has been fully amortised over its estimated useful life of twenty years.

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.

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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 22 (2023 - 24 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

30,000

AMORTISATION

At 1 January 2024

and 31 December 2024

30,000

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

37,678

23,786

159,316

29,907

250,687

Additions

12,950

-

11,200

2,200

26,350

At 31 December 2024

50,628

23,786

170,516

32,107

277,037

DEPRECIATION

At 1 January 2024

22,105

22,341

109,029

28,431

181,906

Charge for year

7,130

361

15,371

919

23,781

At 31 December 2024

29,235

22,702

124,400

29,350

205,687

NET BOOK VALUE

At 31 December 2024

21,393

1,084

46,116

2,757

71,350

At 31 December 2023

15,573

1,445

50,287

1,476

68,781

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

141,973

150,130

Other debtors

60,875

27,694

202,848

177,824

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

10,000

251,785

Trade creditors

51,002

47,786

Taxation and social security

226,958

127,089

Other creditors

4,525

7,153

292,485

433,813

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans

10,833

20,833

9.	OTHER FINANCIAL COMMITMENTS

Total financial commitments, which are not included in the balance sheet amount to £21,600 (2023: £20,000). This financial commitment represents the next 12 months of payments on a lease with no fixed end date.