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REGISTERED NUMBER: 03315715 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

BROOK DECORATIONS (LONDON) LIMITED

BROOK DECORATIONS (LONDON) LIMITED (REGISTERED NUMBER: 03315715)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


BROOK DECORATIONS (LONDON) LIMITED (REGISTERED NUMBER: 03315715)

BALANCE SHEET
30 SEPTEMBER 2024

30/9/24 30/9/23
Notes £ £
FIXED ASSETS
Tangible assets 4 1,768 941

CURRENT ASSETS
Debtors: amounts falling due within one year 5 292,399 309,492
Cash at bank 598,887 699,715
891,286 1,009,207
CREDITORS: AMOUNTS FALLING DUE
WITHIN ONE YEAR

6

(190,076

)

(306,477

)
NET CURRENT ASSETS 701,210 702,730
TOTAL ASSETS LESS CURRENT
LIABILITIES

702,978

703,671

CREDITORS: AMOUNTS FALLING DUE
AFTER MORE THAN ONE YEAR

7

-

(35,684

)

PROVISIONS FOR LIABILITIES (411 ) (178 )
NET ASSETS 702,567 667,809

CAPITAL AND RESERVES
Called up share capital 120 118
Capital redemption reserve - 2
Retained earnings 702,447 667,689
702,567 667,809

BROOK DECORATIONS (LONDON) LIMITED (REGISTERED NUMBER: 03315715)

BALANCE SHEET - continued
30 SEPTEMBER 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 June 2025 and were signed on its behalf by:





C V Fry - Director


BROOK DECORATIONS (LONDON) LIMITED (REGISTERED NUMBER: 03315715)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024

1. STATUTORY INFORMATION

Brook Decorations (London) 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: 03315715

Registered office: The Stables
Goblands Farm Business Centre
Cemetery Lane
Hadlow
Kent
TN11 0LT

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 comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company's activities. Turnover is shown net of sales / value added tax, returns, rebates and discounts.

The company provides painting and decorating services to the construction industry. When the outcome of a transaction for the rendering of services can be estimated reliably in terms of revenue, costs and its stage of completion, the company recognises revenue on the sale of services in the reporting period in which the services are rendered by reference to the stage of completion of the specific transaction at the end of the reporting period. The stage of completion is determined on the basis of the actual completion of a proportion of the total services to be rendered.

When the outcome of a service contract cannot be estimated reliably the company only recognises revenue to the extent of the recoverable expenses recognised.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Financial instruments
The company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

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.


BROOK DECORATIONS (LONDON) LIMITED (REGISTERED NUMBER: 03315715)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

2. ACCOUNTING POLICIES - continued
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 7 (2023 - 8 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£ £ £
COST
At 1 October 2023 - 42,759 42,759
Additions 181 1,235 1,416
At 30 September 2024 181 43,994 44,175
DEPRECIATION
At 1 October 2023 - 41,818 41,818
Charge for year 45 544 589
At 30 September 2024 45 42,362 42,407
NET BOOK VALUE
At 30 September 2024 136 1,632 1,768
At 30 September 2023 - 941 941

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/24 30/9/23
£ £
Trade debtors 249,536 234,595
Amounts recoverable on contract - 38,762
Other debtors 42,863 36,135
292,399 309,492

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/9/24 30/9/23
£ £
Bank loans and overdrafts - 20,541
Trade creditors 122,234 106,933
Taxation and social security 67,701 178,555
Other creditors 141 448
190,076 306,477

BROOK DECORATIONS (LONDON) LIMITED (REGISTERED NUMBER: 03315715)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30/9/24 30/9/23
£ £
Bank loans - 35,684