Registered number
03496800
Year end:
31 December 2024
BROWNING TREASURY LTD
UNAUDITED FILLETED ACCOUNTS
FOR THE YEAR
ENDED 31 DECEMBER 2024
BROWNING TREASURY LTD
Registered number: 03496800
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
FIXED ASSETS
Tangible assets 3 1,306 1,742
CURRENT ASSETS
Debtors 4 - 200
Cash at bank and in hand 25,631 23,118
25,631 23,318
CREDITORS: amounts falling due within one year 5 (9,312) (7,002)
NET CURRENT ASSETS 16,319 16,316
TOTAL ASSETS LESS CURRENT LIABILITIES 17,625 18,058
CREDITORS: amounts falling due after more than one year 6 (2,649) (8,887)
Provisions for liabilities (248) (301)
NET ASSETS £ 14,728 £ 8,870
CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Profit and loss account 13,728 7,870
SHAREHOLDERS' FUNDS £ 14,728 £ 8,870
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 in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account is not delivered to Companies House.
Mr M R Browning
Director
Approved by the board on 21 July 2025
BROWNING TREASURY LTD
Notes to the Accounts
for the year ended 31 December 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 consideration receivable, net of discounts and value added taxes. Turnover from the sale of any goods is recognised when goods are delivered and legal title has passed.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Office equipment 25% p.a. on a reducing balance basis
Deferred Taxation
Full provision is made for deferred taxation resulting from timing differences between the recognition of gains and losses in the accounts and their recognition for tax purposes. Deferred taxation is calculated on a non-discounted basis at the tax rates which are expected to apply in the periods when the timing differences are expected to reverse.
Pensions
Contributions to defined contribution plans are charged to the profit and loss account in the period in which they are paid.
2 EMPLOYEES 2024 2023
Number Number
Average number of persons employed by the company 1 1
(excluding directors with no specific service contract)
BROWNING TREASURY LTD
Notes to the Accounts
for the year ended 31 December 2024
3 TANGIBLE FIXED ASSETS
Office Equipment
£
Cost
At 1 January 2024 9,550
At 31 December 2024 9,550
Depreciation
At 1 January 2024 7,808
Charge for the year 436
At 31 December 2024 8,244
Net book value
At 31 December 2024 £ 1,306
At 31 December 2023 £ 1,742
4 DEBTORS 2024 2023
£ £
Trade debtors - -
Other debtors - 200
- 200
5 CREDITORS: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 6,238 6,083
Trade creditors 125 122
Corporation tax 1,516 -
Other taxes and social security costs 244 -
Other creditors 1,189 797
9,312 7,002
BROWNING TREASURY LTD
Notes to the Accounts
for the year ended 31 December 2024
6 CREDITORS: amounts falling due after one year 2024 2023
£ £
Bank loans 2,649 8,887
7 CONTROLLING PARTY
At the date of approval of these financial statements Mr M R Browning controls the company by virtue of his holding 60% of the issued share capital.
8 OTHER INFORMATION
Browning Treasury Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Titsey Estate Office
Pilgrims Lane
Oxted
Surrey
RH8 0SE
The accounts are for the individual company and are presented in Sterling which is the functional currency of the company.
BROWNING TREASURY LTD 03496800 false 2024-01-01 2024-12-31 2024-12-31 VT Final Accounts April 2024 Mr M R Browning No description of principal activity 03496800 2023-01-01 2023-12-31 03496800 core:WithinOneYear 2023-12-31 03496800 core:AfterOneYear 2023-12-31 03496800 core:ShareCapital 2023-12-31 03496800 core:RetainedEarningsAccumulatedLosses 2023-12-31 03496800 2024-01-01 2024-12-31 03496800 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 03496800 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 03496800 bus:Director40 2024-01-01 2024-12-31 03496800 core:PlantMachinery 2024-01-01 2024-12-31 03496800 countries:England 2024-01-01 2024-12-31 03496800 bus:FRS102 2024-01-01 2024-12-31 03496800 bus:FilletedAccounts 2024-01-01 2024-12-31 03496800 2024-12-31 03496800 core:WithinOneYear 2024-12-31 03496800 core:AfterOneYear 2024-12-31 03496800 core:ShareCapital 2024-12-31 03496800 core:RetainedEarningsAccumulatedLosses 2024-12-31 03496800 core:PlantMachinery 2024-12-31 03496800 2023-12-31 03496800 core:PlantMachinery 2023-12-31 iso4217:GBP xbrli:pure