Brown Turner Ross Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07310477 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Brown Turner Ross Limited

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

S Bushell

M M Dempsey

G Twist

REGISTERED OFFICE:

11 St George's Place

Lord Street

Southport

Merseyside

PR9 0AL

REGISTERED NUMBER:

07310477 (England and Wales)

ACCOUNTANTS:

Kinsella Clarke Limited

61 Stanley Road

Bootle

Merseyside

L20 7BZ

FIXED ASSETS

Intangible assets

4

123,900

165,200

Tangible assets

5

61,063

63,854

Investments

6

-

50,000

184,963

279,054

CURRENT ASSETS

Stocks

245,000

Debtors

7

883,690

733,450

Cash in hand

678

318

1,129,368

978,768

CREDITORS

Amounts falling due within one year

8

743,059

892,628

NET CURRENT ASSETS

386,309

86,140

TOTAL ASSETS LESS CURRENT
LIABILITIES

571,272

365,194

CREDITORS

Amounts falling due after more than one
year

9

(334,000

)

(157,733

)

PROVISIONS FOR LIABILITIES

(14,727

)

(15,295

)

NET ASSETS

222,545

192,166

CAPITAL AND RESERVES

Called up share capital

50

Capital redemption reserve

50

Retained earnings

222,445

192,066

222,545

192,166

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 August 2025 and were signed on its behalf by:

S Bushell - Director

1.	STATUTORY INFORMATION

Brown Turner Ross Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 45 (2024 - 36 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

2,065,000

AMORTISATION

At 1 April 2024

1,899,800

Charge for year

41,300

At 31 March 2025

1,941,100

NET BOOK VALUE

At 31 March 2025

123,900

At 31 March 2024

165,200

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

255,203

Additions

8,236

At 31 March 2025

263,439

DEPRECIATION

At 1 April 2024

191,349

Charge for year

11,027

At 31 March 2025

202,376

NET BOOK VALUE

At 31 March 2025

61,063

At 31 March 2024

63,854

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

50,000

Disposals

(50,000

)

At 31 March 2025

-

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

50,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

784,502

645,363

Other debtors

99,188

88,087

883,690

733,450

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Bank loans and overdrafts

447,211

564,168

Trade creditors

4,861

11,630

Taxation and social security

267,070

290,565

Other creditors

23,917

26,265

743,059

892,628

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.25

31.3.24

£

Bank loans

334,000

157,733

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

K Ross

Balance outstanding at start of year

(83

)

(287

)

Amounts advanced

138,005

152,954

Amounts repaid

(138,000

)

(152,750

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(78

)

(83

)

S Bushell

Balance outstanding at start of year

(83

)

(287

)

Amounts advanced

138,005

152,954

Amounts repaid

(138,000

)

(152,750

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(78

)

(83

)