Company Registration No. 04901892 (England and Wales)
House of Brass Limited
Unaudited accounts
for the year ended 30 September 2024
House of Brass Limited
Unaudited accounts
Contents
House of Brass Limited
Company Information
for the year ended 30 September 2024
Directors
Mr A Phakey
Mr B R Phakey
Mrs R Phakey
Company Number
04901892 (England and Wales)
Registered Office
Unit 4 Harrimans Court
Alcester Street
Nottingham
NG7 2UR
House of Brass Limited
Statement of financial position
as at 30 September 2024
Tangible assets
347,647
115,570
Investment property
75,000
75,000
Cash at bank and in hand
33,223
142,672
Creditors: amounts falling due within one year
(13,820)
(18,378)
Net current assets
152,836
142,469
Total assets less current liabilities
575,483
333,039
Creditors: amounts falling due after more than one year
(189,113)
(91,612)
Net assets
386,370
241,427
Called up share capital
300
300
Revaluation reserve
15,447
15,447
Profit and loss account
370,623
225,680
Shareholders' funds
386,370
241,427
For the year ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 June 2025 and were signed on its behalf by
Mr A Phakey
Director
Company Registration No. 04901892
House of Brass Limited
Notes to the Accounts
for the year ended 30 September 2024
House of Brass Limited is a private company, limited by shares, registered in England and Wales, registration number 04901892. The registered office is Unit 4 Harrimans Court, Alcester Street, Nottingham, NG7 2UR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance method
Motor vehicles
20% Straight Line Method
Fixtures & fittings
25% reducing balance method
Computer equipment
35% reducing balance method
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
At 30 September 2024
56,962
At 30 September 2024
56,962
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
House of Brass Limited
Notes to the Accounts
for the year ended 30 September 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At cost
At 1 October 2023
-
13,122
111,228
11,061
7,304
142,715
Additions
256,239
-
-
-
-
256,239
At 30 September 2024
256,239
13,122
111,228
11,061
7,304
398,954
At 1 October 2023
-
6,269
3,327
10,540
7,009
27,145
Charge for the year
-
1,713
22,245
130
74
24,162
At 30 September 2024
-
7,982
25,572
10,670
7,083
51,307
At 30 September 2024
256,239
5,140
85,656
391
221
347,647
At 30 September 2023
-
6,853
107,901
521
295
115,570
Fair value at 1 October 2023
75,000
At 30 September 2024
75,000
Amounts falling due within one year
Trade debtors
13,415
9,675
8
Creditors: amounts falling due within one year
2024
2023
Trade creditors
13,820
9,213
9
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
69,113
91,612
10
Average number of employees
During the year the average number of employees was 4 (2023: 4).