REGISTERED NUMBER: 00819410 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2024

for

James S. Brayshaw Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr P J Brayshaw

Mrs E A M Denton

REGISTERED OFFICE:

Yorkshire Hussar Inn

Main Street

Markington

Harrogate

North Yorkshire

HG3 3NR

REGISTERED NUMBER:

00819410 (England and Wales)

FIXED ASSETS

Tangible assets

4

2,030,931

2,093,921

CURRENT ASSETS

Stocks

5

44,856

50,809

Debtors

6

28,455

29,040

Cash at bank and in hand

512,867

521,435

586,178

601,284

CREDITORS

Amounts falling due within one year

7

110,049

141,823

NET CURRENT ASSETS

476,129

459,461

TOTAL ASSETS LESS CURRENT LIABILITIES

2,507,060

2,553,382

PROVISIONS FOR LIABILITIES

8

9,855

10,683

NET ASSETS

2,497,205

2,542,699

CAPITAL AND RESERVES

Called up share capital

9

40,000

40,000

Revaluation reserve

10

2,000,000

2,000,000

Capital redemption reserve

10

511

511

Retained earnings

10

456,694

502,188

SHAREHOLDERS' FUNDS

2,497,205

2,542,699

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 September 2025 and were signed on its behalf by:

Mrs E A M Denton - Director

1.	STATUTORY INFORMATION

James S. Brayshaw 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 as modified by the revaluation of certain assets.

Turnover

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

Tangible fixed assets

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

Freehold property

-

2% on cost

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

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 13 (2023 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Improvements

Plant and

property

to property

machinery

£

£

£

COST OR VALUATION

At 1 October 2023

2,065,261

316,294

50,399

Additions

-

-

1,089

Disposals

-

-

-

At 30 September 2024

2,065,261

316,294

51,488

DEPRECIATION

At 1 October 2023

293,289

50,869

36,989

Charge for year

41,306

6,326

3,503

Eliminated on disposal

-

-

-

At 30 September 2024

334,595

57,195

40,492

NET BOOK VALUE

At 30 September 2024

1,730,666

259,099

10,996

At 30 September 2023

1,771,972

265,425

13,410

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST OR VALUATION

At 1 October 2023

35,921

55,459

2,772

2,526,106

Additions

-

-

208

1,297

Disposals

-

(5,000

)

-

(5,000

)

At 30 September 2024

35,921

50,459

2,980

2,522,403

DEPRECIATION

At 1 October 2023

25,744

22,732

2,562

432,185

Charge for year

1,527

8,003

163

60,828

Eliminated on disposal

-

(1,541

)

-

(1,541

)

At 30 September 2024

27,271

29,194

2,725

491,472

NET BOOK VALUE

At 30 September 2024

8,650

21,265

255

2,030,931

At 30 September 2023

10,177

32,727

210

2,093,921

Cost or valuation at 30 September 2024 is represented by:

Freehold

Improvements

Plant and

property

to property

machinery

£

£

£

Valuation in 2003

520,000

-

-

Valuation in 2021

1,480,000

-

-

Cost

65,261

316,294

51,488

2,065,261

316,294

51,488

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

Valuation in 2003

-

-

-

520,000

Valuation in 2021

-

-

-

1,480,000

Cost

35,921

50,459

2,980

522,403

35,921

50,459

2,980

2,522,403

If Freehold Property had not been revalued it would have been included at the following historical cost:

2024

2023

£

£

Cost

75,514

75,514

Value of land in freehold land and buildings

75,514

75,514

Freehold property was valued on an open market basis on 30 September 2021 by the Directors .

5.

STOCKS

2024

2023

£

£

Stocks

44,856

50,809

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

266

-

Other debtors

10,000

10,791

Tax

2,567

2,567

Prepayments

15,622

15,682

28,455

29,040

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade creditors

28,460

42,051

Tax

1,659

-

Social security and other taxes

4,164

3,566

VAT

17,165

21,895

Other creditors

1,456

17,611

Directors' loan accounts

48,526

48,526

Accrued expenses

8,619

8,174

110,049

141,823

8.	PROVISIONS FOR LIABILITIES

2024

2023

£

£

Deferred tax

Accelerated capital allowances

9,855

10,683

Deferred tax

£

Balance at 1 October 2023

10,683

Credit to Income Statement during year

(828

)

Balance at 30 September 2024

9,855

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

40,000

Ordinary

£1

40,000

40,000

10.

RESERVES

Capital

Retained

Revaluation

redemption

earnings

reserve

reserve

Totals

£

£

£

£

At 1 October 2023

502,188

2,000,000

511

2,502,699

Deficit for the year

(45,494

)

(45,494

)

At 30 September 2024

456,694

2,000,000

511

2,457,205

11.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is the directors by virtue of their shareholdings.