Acorah Software Products - Accounts Production 16.5.460 false true 31 December 2023 1 January 2023 false 1 January 2024 31 December 2024 31 December 2024 03721995 Mr Kurt Broadhurst Mrs Katie Evans iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 03721995 2023-12-31 03721995 2024-12-31 03721995 2024-01-01 2024-12-31 03721995 frs-core:CurrentFinancialInstruments 2024-12-31 03721995 frs-core:Non-currentFinancialInstruments 2024-12-31 03721995 frs-core:InvestmentPropertyIncludedWithinPPE 2024-12-31 03721995 frs-core:InvestmentPropertyIncludedWithinPPE 2024-01-01 2024-12-31 03721995 frs-core:InvestmentPropertyIncludedWithinPPE 2023-12-31 03721995 frs-core:MotorVehicles 2024-12-31 03721995 frs-core:MotorVehicles 2024-01-01 2024-12-31 03721995 frs-core:MotorVehicles 2023-12-31 03721995 frs-core:PlantMachinery 2024-12-31 03721995 frs-core:PlantMachinery 2024-01-01 2024-12-31 03721995 frs-core:PlantMachinery 2023-12-31 03721995 frs-core:ShareCapital 2024-12-31 03721995 frs-core:RetainedEarningsAccumulatedLosses 2024-12-31 03721995 frs-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 03721995 frs-bus:FilletedAccounts 2024-01-01 2024-12-31 03721995 frs-bus:SmallEntities 2024-01-01 2024-12-31 03721995 frs-bus:AuditExempt-NoAccountantsReport 2024-01-01 2024-12-31 03721995 frs-bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 03721995 frs-bus:Director1 2024-01-01 2024-12-31 03721995 frs-bus:CompanySecretary1 2024-01-01 2024-12-31 03721995 frs-countries:EnglandWales 2024-01-01 2024-12-31 03721995 2022-12-31 03721995 2023-12-31 03721995 2023-01-01 2023-12-31 03721995 frs-core:CurrentFinancialInstruments 2023-12-31 03721995 frs-core:Non-currentFinancialInstruments 2023-12-31 03721995 frs-core:ShareCapital 2023-12-31 03721995 frs-core:RetainedEarningsAccumulatedLosses 2023-12-31
Registered number: 03721995
Brothers Group Holdings Limited
Unaudited Financial Statements
For The Year Ended 31 December 2024
Engage Accountancy Limited
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 03721995
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 4,636,757 4,631,456
4,636,757 4,631,456
CURRENT ASSETS
Debtors 5 105,432 161,385
Cash at bank and in hand 68,833 7,194
174,265 168,579
Creditors: Amounts Falling Due Within One Year 6 (1,735,921 ) (1,766,980 )
NET CURRENT ASSETS (LIABILITIES) (1,561,656 ) (1,598,401 )
TOTAL ASSETS LESS CURRENT LIABILITIES 3,075,101 3,033,055
Creditors: Amounts Falling Due After More Than One Year 7 (6,919 ) (17,016 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (335,911 ) (334,532 )
NET ASSETS 2,732,271 2,681,507
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 2,732,171 2,681,407
SHAREHOLDERS' FUNDS 2,732,271 2,681,507
Page 1
Page 2
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Kurt Broadhurst
Director
02/09/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Brothers Group Holdings Limited is a private company, limited by shares, incorporated in England & Wales, registered number 03721995 . The registered office is Office Block 1, Brockhurst Crescent, Walsall, West Midlands, WS5 4AW.

The presentation currency of the financial statements is the Pound Sterling (£).
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover includes revenue earned from rental income and from the rendering of services.
Rental income
Rental income on operating leases is accounted for on a straight line basis over the period of the lease.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% on cost
Motor Vehicles 20% on cost
2.4. Investment Properties
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 3)
4 3
Page 3
Page 4
4. Tangible Assets
Investment Properties Plant & Machinery Motor Vehicles Total
£ £ £ £
Cost or Valuation
As at 1 January 2024 4,591,357 218,274 66,929 4,876,560
Additions - 19,532 - 19,532
As at 31 December 2024 4,591,357 237,806 66,929 4,896,092
Depreciation
As at 1 January 2024 - 178,175 66,929 245,104
Provided during the period - 14,231 - 14,231
As at 31 December 2024 - 192,406 66,929 259,335
Net Book Value
As at 31 December 2024 4,591,357 45,400 - 4,636,757
As at 1 January 2024 4,591,357 40,099 - 4,631,456
Cost or valuation as at 31 December 2024 represented by:
Investment Properties Plant & Machinery Motor Vehicles Total
£ £ £ £
At cost - 237,806 66,929 304,735
At valuation 4,591,357 - - 4,591,357
4,591,357 237,806 66,929 4,896,092
The investment properties were revalued by the Director at 31 December 2023 on the basis of fair value for existing use. In the opinion of the director there has been no significant change in the market vaue of investment properties during the year.
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 39,148 32,610
Prepayments and accrued income 8,258 4,180
Other debtors - 768
VAT - 5,181
Amounts owed by associated companies 58,026 118,646
105,432 161,385
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Page 5
6. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 26,659 70,149
Bank loans and overdrafts 9,600 9,600
Corporation tax 25,831 29,686
Taxation and Social security 546 1,272
VAT 5,619 -
Net wages - 8,907
Other creditors 50,983 23,750
Accruals and deferred income 45,965 33,583
Director's loan account 1,055,350 1,060,350
Amounts owed to associated companies 515,368 529,683
1,735,921 1,766,980
7. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 2-5 years 6,919 17,016
8. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
9. Related Party Transactions
The nature of the relationship, with the relevant parties, and the balances outstanding as at the balance sheet date are as follows:
Amounts owed to related parties
Key management personnel £1,055,350 (2023 £1,060,350)
Other related parties £515,368 (2023 £529,683)
Amounts owed by related parties
Other related parties £58,026 (2023 £118,646)
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