Registered number
08773069
Brandreth & Co. Limited
Unaudited Filleted Accounts
30 November 2024
Brandreth & Co. Limited
Registered number: 08773069
Balance Sheet
as at 30 November 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 1,414,424 1,415,192
Current assets
Debtors 4 4,167 (233)
Cash at bank and in hand 28,893 10,599
33,060 10,366
Creditors: amounts falling due within one year 5 (850,259) (858,773)
Net current liabilities (817,199) (848,407)
Total assets less current liabilities 597,225 566,785
Creditors: amounts falling due after more than one year 6 (321,634) (348,150)
Net assets 275,591 218,635
Capital and reserves
Called up share capital 100 100
Profit and loss account 275,491 218,535
Shareholders' funds 275,591 218,635
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr J S Brandreth
Director
Approved by the board on 7 July 2025
Brandreth & Co. Limited
Notes to the Accounts
for the year ended 30 November 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the rental income received or receivable, net of discounts and vat.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Investments over 25 years
Fixtures, fittings, tools and equipment over 5 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price).
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 0 0
3 Tangible fixed assets
Land and buildings Plant and machinery etc Investments Total
£ £ £ £
Cost
At 1 December 2023 1,400,591 9,360 19,208 1,429,159
At 30 November 2024 1,400,591 9,360 19,208 1,429,159
Depreciation
At 1 December 2023 - 9,359 4,608 13,967
Charge for the year - - 768 768
At 30 November 2024 - 9,359 5,376 14,735
Net book value
At 30 November 2024 1,400,591 1 13,832 1,414,424
At 30 November 2023 1,400,591 1 14,600 1,415,192
4 Debtors 2024 2023
£ £
Trade debtors - (4,400)
Other debtors 4,167 4,167
4,167 (233)
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 58,452 60,184
Trade creditors - 13
Taxation and social security costs 16,846 15,911
Other creditors 774,961 782,665
850,259 858,773
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 321,634 348,150
7 Loans 2024 2023
£ £
Creditors include:
Instalments falling due for payment after more than five years 100,500 116,112
Secured bank loan 371,086 395,334
The bank loan is secured on investment property.
8 Controlling party
There is no ultimate controlling party for Brandreth & Co. Limited.
9 Valuation of Investment Property
The director carried out a year end review of the carrying value of the companys investment properties and considers that no change is required to the current valuation.
10 Other information
Brandreth & Co. Limited is a private company limited by shares and incorporated in England. Its registered office is:
Tally Ho
Dyers Lane
Chipping Campden
Gloucestershire
GL55 6EB
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