Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-312024-04-01falseThe principal activity of the company is the provision of fractional financial director services.21truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 14658475 2024-04-01 2025-03-31 14658475 2023-02-13 2024-03-31 14658475 2025-03-31 14658475 2024-03-31 14658475 2023-02-13 14658475 c:Director1 2024-04-01 2025-03-31 14658475 d:PlantMachinery 2024-04-01 2025-03-31 14658475 d:PlantMachinery 2025-03-31 14658475 d:PlantMachinery 2024-03-31 14658475 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 14658475 d:OfficeEquipment 2024-04-01 2025-03-31 14658475 d:OfficeEquipment 2025-03-31 14658475 d:OfficeEquipment 2024-03-31 14658475 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 14658475 d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 14658475 d:CurrentFinancialInstruments 2025-03-31 14658475 d:CurrentFinancialInstruments 2024-03-31 14658475 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 14658475 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 14658475 d:ShareCapital 2025-03-31 14658475 d:ShareCapital 2024-03-31 14658475 d:RetainedEarningsAccumulatedLosses 2025-03-31 14658475 d:RetainedEarningsAccumulatedLosses 2024-03-31 14658475 d:AcceleratedTaxDepreciationDeferredTax 2025-03-31 14658475 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 14658475 c:OrdinaryShareClass1 2024-04-01 2025-03-31 14658475 c:OrdinaryShareClass1 2025-03-31 14658475 c:OrdinaryShareClass1 2024-03-31 14658475 c:FRS102 2024-04-01 2025-03-31 14658475 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 14658475 c:FullAccounts 2024-04-01 2025-03-31 14658475 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 14658475 d:PlantEquipmentOtherAssetsUnderOperatingLeases 2025-03-31 14658475 d:PlantEquipmentOtherAssetsUnderOperatingLeases 2024-03-31 14658475 d:PlantEquipmentOtherAssetsUnderOperatingLeases d:WithinOneYear 2025-03-31 14658475 d:PlantEquipmentOtherAssetsUnderOperatingLeases d:WithinOneYear 2024-03-31 14658475 d:PlantEquipmentOtherAssetsUnderOperatingLeases d:BetweenOneFiveYears 2025-03-31 14658475 d:PlantEquipmentOtherAssetsUnderOperatingLeases d:BetweenOneFiveYears 2024-03-31 14658475 2 2024-04-01 2025-03-31 14658475 e:PoundSterling 2024-04-01 2025-03-31 xbrli:shares iso4217:GBP xbrli:pure

Registered number: 14658475









BRACKENHURST LTD







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

 
BRACKENHURST LTD
REGISTERED NUMBER: 14658475

BALANCE SHEET
AS AT 31 MARCH 2025

2025
2024
Note
£
£

FIXED ASSETS
  

Tangible assets
 4 
9,363
5,818

  
9,363
5,818

CURRENT ASSETS
  

Debtors: amounts falling due within one year
 5 
12,065
11,433

Cash at bank and in hand
  
7,625
252

  
19,690
11,685

Creditors: amounts falling due within one year
 6 
(16,524)
(8,844)

NET CURRENT ASSETS
  
 
 
3,166
 
 
2,841

TOTAL ASSETS LESS CURRENT LIABILITIES
  
12,529
8,659

PROVISIONS FOR LIABILITIES
  

Deferred tax
 7 
(2,341)
(1,455)

  
 
 
(2,341)
 
 
(1,455)

NET ASSETS
  
10,188
7,204


CAPITAL AND RESERVES
  

Called up share capital 
 8 
4
1

Profit and loss account
  
10,184
7,203

  
10,188
7,204


Page 1

 
BRACKENHURST LTD
REGISTERED NUMBER: 14658475
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the profit and loss account in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




N J Moore
Director

Date: 23 June 2025

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
BRACKENHURST LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


GENERAL INFORMATION

Brackenhurst Ltd is a private company limited by shares and incorporated in England and Wales. Its registered office is Brackenhurst, Shawcross Road, West Runton, Cromer, Norfolk, NR27 9NA.
The Company’s functional and presentational currency is GBP.

2.ACCOUNTING POLICIES

 
2.1

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

TURNOVER

Turnover comprises revenue recognised by the Company in respect of fractional finance director services supplied during the period, exclusive of Value Added Tax.
Turnover is recognised as the fair value of the consideration received or receivable and is recognised in the period in which the services are supplied.

 
2.3

INTEREST INCOME

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

FINANCE COSTS

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

TANGIBLE FIXED ASSETS

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 
BRACKENHURST LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.ACCOUNTING POLICIES (CONTINUED)


2.5
TANGIBLE FIXED ASSETS (CONTINUED)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant and machinery
-
2 years straight-line
Office equipment
-
3 years straight-line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

DEBTORS

Short-term debtors are measured at transaction price, less any impairment.

 
2.7

CASH AND CASH EQUIVALENTS

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.8

CREDITORS

Short-term creditors are measured at the transaction price.

 
2.9

PROVISIONS FOR LIABILITIES

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.10

OPERATING LEASES

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Page 4

 
BRACKENHURST LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.ACCOUNTING POLICIES (CONTINUED)

 
2.11

PENSIONS

DEFINED CONTRIBUTION PENSION PLAN

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance Sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.12

DIVIDENDS

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

 
2.13

CURRENT AND DEFERRED TAXATION

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.



3.


EMPLOYEES

The average monthly number of employees, including directors, during the year was 2 (2024 - 1).

Page 5

 
BRACKENHURST LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

4.


TANGIBLE FIXED ASSETS





Plant and machinery
Office equipment
Total

£
£
£



COST OR VALUATION


At 1 April 2024
3,368
2,861
6,229


Additions
7,810
-
7,810



At 31 March 2025

11,178
2,861
14,039



DEPRECIATION


At 1 April 2024
140
271
411


Charge for the year on owned assets
3,311
954
4,265



At 31 March 2025

3,451
1,225
4,676



NET BOOK VALUE



At 31 March 2025
7,727
1,636
9,363

Page 6

 
BRACKENHURST LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

5.


DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025
2024
£
£


Trade debtors
10,973
10,518

Other debtors
14
14

Prepayments and accrued income
1,078
901

12,065
11,433



6.


CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025
2024
£
£

Corporation tax
625
901

Other taxation and social security
4,821
4,082

Other creditors
6,221
1,053

Accruals and deferred income
4,857
2,808

16,524
8,844



7.


DEFERRED TAXATION




2025
2024


£

£






At beginning of year
1,455
-


Charged to profit or loss
886
1,455



AT END OF YEAR
2,341
1,455

The provision for deferred taxation is made up as follows:

2025
2024
£
£


Accelerated capital allowances
2,341
1,455

2,341
1,455

Page 7

 
BRACKENHURST LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

8.


SHARE CAPITAL

2025
2024
£
£
ALLOTTED, CALLED UP AND FULLY PAID



4 (2024 - 1) Ordinary shares of £1 each
4
1


On 2 January 2025, the Company issued 3 Ordinary shares of £1 each at par.


9.


COMMITMENTS UNDER OPERATING LEASES

At 31 March 2025 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:



2025
2024

£
£


Not later than 1 year
7,071
8,485

Later than 1 year and not later than 5 years
-
7,071

7,071
15,556

 
Page 8