2024-01-01 2024-12-31 false Capium Accounts Production 1.1 00565402 2024-01-01 2024-12-31 00565402 bus:FullAccounts 2024-01-01 2024-12-31 00565402 bus:FRS102 2024-01-01 2024-12-31 00565402 bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 00565402 bus:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 00565402 bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 00565402 2024-01-01 2024-12-31 00565402 2024-12-31 00565402 bus:RegisteredOffice 2024-01-01 2024-12-31 00565402 core:WithinOneYear 2024-12-31 00565402 core:AfterOneYear 2024-12-31 00565402 1 2024-01-01 2024-12-31 00565402 bus:Director1 2024-01-01 2024-12-31 00565402 bus:Director1 2024-12-31 00565402 bus:Director1 2023-01-01 2023-12-31 00565402 bus:Director2 2024-01-01 2024-12-31 00565402 bus:Director2 2024-12-31 00565402 bus:Director2 2023-01-01 2023-12-31 00565402 bus:Director3 2024-01-01 2024-12-31 00565402 bus:Director3 2024-12-31 00565402 bus:Director3 2023-01-01 2023-12-31 00565402 2023-01-01 00565402 bus:LeadAgentIfApplicable 2024-01-01 2024-12-31 00565402 2023-01-01 2023-12-31 00565402 2023-12-31 00565402 core:WithinOneYear 2023-12-31 00565402 core:AfterOneYear 2023-12-31 00565402 bus:EntityAccountantsOrAuditors 2023-01-01 2023-12-31 00565402 core:LandBuildings 2024-01-01 2024-12-31 00565402 core:LandBuildings 2024-12-31 00565402 core:LandBuildings 2023-12-31 00565402 core:InvestmentProperties 2024-01-01 2024-12-31 00565402 core:InvestmentProperties 2024-12-31 00565402 core:InvestmentProperties 2023-12-31 00565402 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-12-31 00565402 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-12-31 00565402 core:CostValuation core:Non-currentFinancialInstruments 2024-12-31 00565402 core:CostValuation core:Non-currentFinancialInstruments 2023-12-31 00565402 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-12-31 00565402 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-12-31 00565402 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-12-31 00565402 core:Non-currentFinancialInstruments 2024-12-31 00565402 core:Non-currentFinancialInstruments 2023-12-31 00565402 core:ShareCapital 2024-12-31 00565402 core:ShareCapital 2023-12-31 00565402 core:RetainedEarningsAccumulatedLosses 2024-12-31 00565402 core:RetainedEarningsAccumulatedLosses 2023-12-31 00565402 dpl:Item1 2024-01-01 00565402 dpl:Item1 2024-12-31 00565402 dpl:Item1 2023-01-01 00565402 dpl:Item1 2023-12-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 00565402
England and Wales

 

 

 

BROMAG ENGINEERING COMPANY (WITNEY) LIMITED



Unaudited Financial Statements
 


Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

Bromag Engineering Company (Witney) Limited
Contents Page
For the year ended 31 December 2024
Directors Majorie Margaret Brown
David Rivers
Sarah Rivers
Registered Number 00565402
Registered Office Suite 2 Windrush Court
High Street
Witney
Oxfordshire
OX28 6ET
Accountants Cypher
Monkswell
Little Baldon
Oxford
OX44 9PU
1
 
 		 Notes
 		 2024
£		   2023
£
Fixed assets      
Tangible fixed assets 3 515,996    445,000 
515,996    445,000 
Current assets      
Debtors 4 28,887    5,022 
Cash at bank and in hand 284,167    344,651 
313,054    349,673 
Creditors: amount falling due within one year 5 (120,328)   (1,044)
Net current assets 192,726    348,629 
 
Total assets less current liabilities 708,722    793,629 
Provisions for liabilities 6 -    (6,061)
Net assets 708,722    787,568 
 

Capital and reserves 		     
Called up share capital 2,400    2,400 
Fair Value Reserves 7 -    438,939 
Profit and loss account 706,322    346,229 
Shareholders' funds 708,722    787,568 
 


For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. 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.
These 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 to the Registrar of Companies.
The financial statements were approved by the board of directors on 20 August 2025 and were signed on its behalf by:


-------------------------------
David Rivers
Director
2
General Information
Bromag Engineering Company (Witney) Limited is a private company, limited by shares, registered in England and Wales, registration number 00565402, registration address Suite 2 Windrush Court, High Street, Witney, Oxfordshire, OX28 6ET.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation
The financial statements have been prepared on the going concern basis and under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The companys liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted.
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Land and Buildings - Not depreciated
Investment properties
Investment properties are properties held to earn rentals.
Investment properties should be recognised initially at cost and subsequently investment properties are measured at fair value. Gains and losses arising from changes in the fair value of investment properties are included in profit or loss in the period in which they arise.
2.

Average number of employees

Average number of employees during the year was 0 (2023 : 0).
3.

Tangible fixed assets

Cost or valuation Land and Buildings   Investment properties   Total
  £   £   £
At 01 January 2024 -    445,000    445,000 
Additions 515,996    -    515,996 
Disposals -    (445,000)   (445,000)
At 31 December 2024 515,996    -    515,996 
Depreciation
At 01 January 2024 -    -    - 
Charge for year -    -    - 
On disposals -    -    - 
At 31 December 2024 -    -    - 
Net book values
Closing balance as at 31 December 2024 515,996    -    515,996 
Opening balance as at 01 January 2024 -    445,000    445,000 


4.

Debtors: amounts falling due within one year

2024
£		   2023
£
Trade Debtors -    3,445 
Prepayments & Accrued Income 1,360    1,360 
VAT 27,527    217 
28,887    5,022 

5.

Creditors: amount falling due within one year

2024
£		   2023
£
Trade Creditors 24    24 
Corporation Tax 117,082    978 
Accrued Expenses 3,222    42 
120,328    1,044 

6.

Provisions for liabilities

2024
£		   2023
£
Deferred Tax -    6,061 
-    6,061 

7.

Fair Value Reserves

2024
£		   2023
£
Fair Value Reserve b/fwd 438,939    438,939 
Fair Value Reserve - Disposed in Year (438,939)   - 
-    438,939 

3