Registered number
07808373
Brynmor Properties Ltd
Unaudited Filleted Accounts
31 October 2024
Brynmor Properties Ltd
Registered number: 07808373
Balance Sheet
as at 31 October 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 72,533 59,734
Current assets
Stocks 50,000 50,000
Debtors 4 - 15,043
Investments held as current assets 5 190 190
Cash at bank and in hand 215,335 257,869
265,525 323,102
Creditors: amounts falling due within one year 6 (150,180) (209,960)
Net current assets 115,345 113,142
Net assets 187,878 172,876
Capital and reserves
Called up share capital 3 3
Profit and loss account 187,875 172,873
Shareholders' funds 187,878 172,876
The directors are 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 directors acknowledge their 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 A Newton
Director
Approved by the board on 23 July 2025
Brynmor Properties Ltd
Notes to the Accounts
for the year ended 31 October 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 received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer.
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:
Fixtures, fittings, tools and equipment 20% Reducing balances
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
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. Unrelieved tax losses are recognised only to the extent that it is probable that they will be recovered against the reversal of future taxable profits.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 16 15
3 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 November 2023 172,559 7,333 179,892
Additions 27,648 - 27,648
At 31 October 2024 200,207 7,333 207,540
Depreciation
At 1 November 2023 116,579 3,579 120,158
Charge for the year 14,099 750 14,849
At 31 October 2024 130,678 4,329 135,007
Net book value
At 31 October 2024 69,529 3,004 72,533
At 31 October 2023 55,980 3,754 59,734
4 Debtors 2024 2023
£ £
Other debtors - 15,043
5 Investments held as current assets 2024 2023
£ £
Fair value
Unlisted investments 190 190
6 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 27,722 37,942
Trade creditors 25,000 20,000
Amounts owed to group undertakings and undertakings in which the company has a participating interest 58,980 58,980
Taxation and social security costs 11,701 25,277
Other creditors 26,777 67,761
150,180 209,960
7 Other information
Brynmor Properties Ltd is a private company limited by shares and incorporated in England. Its registered office is:
79 Long Lane
Aughton
Lancashire
L39 5AS
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