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REGISTERED NUMBER: 12120606 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

BROSEN LIMITED

BROSEN LIMITED (REGISTERED NUMBER: 12120606)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


BROSEN LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTORS: Mr N S Oettinger
Mr S Beaumont
Mr R A Eaves
Mr C H C Van Hemert





REGISTERED OFFICE: Tfr Group
Greenbank Works
Gladstone Street
Blackburn
BB1 3ES





REGISTERED NUMBER: 12120606 (England and Wales)





AUDITORS: Christian Douglass Accountants Limited
Chartered Accountants
Statutory Auditor
2 Jordan Street
Knott Mill
Manchester
M15 4PY

BROSEN LIMITED (REGISTERED NUMBER: 12120606)

BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Investments 4 461,827 461,827

CURRENT ASSETS
Debtors 5 5 5

CREDITORS
Amounts falling due within one year 6 461,246 461,998
NET CURRENT LIABILITIES (461,241 ) (461,993 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

586

(166

)

CAPITAL AND RESERVES
Called up share capital 100 100
Share premium 49,975 49,975
Retained earnings (49,489 ) (50,241 )
586 (166 )

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 16 June 2025 and were signed on its behalf by:





Mr N S Oettinger - Director


BROSEN LIMITED (REGISTERED NUMBER: 12120606)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

Brosen Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 12120606 and it is registered at TFR Group, Greenbank Works, Gladstone Street, Blackburn, BB1 3ES.

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.

At the balance sheet date the company had net current liabilities of £461,241 (2023: £461,993). The company is considered to be a going concern due to the ongoing financial support provided by its subsidiary undertaking.

Preparation of consolidated financial statements
The financial statements contain information about Brosen Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 January 2024
and 31 December 2024 461,827
NET BOOK VALUE
At 31 December 2024 461,827
At 31 December 2023 461,827

BROSEN LIMITED (REGISTERED NUMBER: 12120606)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Other debtors 5 5

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Amounts owed to group undertakings 461,246 461,523
Taxation and social security - 475
461,246 461,998

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Mrs Deborah Burton F.C.A. (Senior Statutory Auditor)
for and on behalf of Christian Douglass Accountants Limited

8. ULTIMATE PARENT UNDERTAKING

The company's parent undertaking is RetourMatras UK Limited. The company's ultimate parent undertaking is RetourMatras Holding B.V. a company registered in The Netherlands. RetourMatras Holding B.V. heads the smallest and largest group, including the company, for which group accounts are drawn up. Copies of the group accounts can be obtained from Goudseweg 181e, 2411 HK, Bodegraven, The Netherlands.